KWEB vs. TCHI ETF Comparison

Comparison of KraneShares CSI China Internet ETF (KWEB) to iShares MSCI China Multisector Tech ETF (TCHI)

KWEB

KraneShares CSI China Internet ETF

KWEB Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific foreign equity securities benchmark. The fund will normally invest at least 80% of its total assets in equity securities of its current benchmark, the CSI Overseas China Internet Index or in depositary receipts representing securities of the underlying index. The underlying index is designed to measure the performance of the investable universe of publicly traded China-based companies whose primary business or businesses are in the Internet and Internet-related sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.56

Average Daily Volume

27,830,621

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TCHI

iShares MSCI China Multisector Tech ETF

TCHI Description

iShares MSCI China Multisector Tech ETF is an exchange traded fund launched by BlackRock, Inc. The fund is managed by BlackRock Fund Advisors. It invests in public equity markets of China. The fund invests in stocks of companies operating across communication services, media and entertainment, entertainment, interactive home entertainment, movies and entertainment, interactive media and services, media, publishing, consumer discretionary, consumer durables and apparel, household durables, consumer electronics, household appliances, consumer services, diversified consumer services, education services, retailing, internet and direct marketing retail, specialty retail, computer and electronics retail, financials, diversified financials, capital markets, financial exchanges and data, consumer finance, health care, health care equipment and services, health care technology, industrials, capital goods, electrical equipment, electrical components and equipment, machinery, industrial machinery, information technology sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the MSCI China Technology Sub-Industries Select Capped Index, by using representative sampling technique. iShares MSCI China Multisector Tech ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$18.80

Average Daily Volume

10,894

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KWEB	TCHI
30 Days	-16.21%	-11.72%
60 Days	25.18%	21.21%
90 Days	25.48%	20.89%
12 Months	24.28%	15.38%

4 Overlapping Holdings

Symbol	Grade	Weight in KWEB	Weight in TCHI	Overlap
BABA	B	9.85%	3.83%	3.83%
BIDU	F	3.39%	3.24%	3.24%
BILI	A	3.56%	1.94%	1.94%
TME	D	2.84%	0.08%	0.08%

KWEB Overweight 12 Positions Relative to TCHI

Symbol	Grade	Weight
PDD	C	6.08%
BEKE	A	5.08%
TCOM	A	4.49%
YMM	B	3.69%
VIPS	F	3.22%
TAL	B	3.17%
QFIN	B	3.0%
BZ	C	2.49%
ATHM	D	1.18%
YY	D	0.69%
WB	B	0.5%
IQ	C	0.49%

KWEB Underweight 1 Positions Relative to TCHI

	Symbol	Grade	Weight
	HKD	D	-0.0%

TCHI: Top Represented Industries & Keywords

Industries: Internet Content & Information Software - Application Specialty Retail