KraneShares CSI China Internet ETF (KWEB)
KraneShares CSI China Internet ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $27.54, down 1.96% on the session, giving a market capitalisation of $5.45B. Its beta of 0.88 implies it has historically moved less than the broad market.
This fund commits at least 80% of its net assets to investments directly replicating its benchmark index, or to securities that possess similar economic attributes. The underlying index is designed to gauge the stock market returns of publicly traded companies based in China whose principal activities are in the internet and related industries. Notably, these companies are listed on exchanges outside of mainland China, a classification determined by the index's creator. The fund itself is designated as non-diversified.
KraneShares CSI China Internet ETF is most often compared with the following Financial Services names: