ETF comparison
KWEB vs MCHI
Both International Emerging.
Holdings overlap
23 positions appear in both funds. Buying equal dollars of KWEB and MCHI would leave roughly 31.6% of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
MCHI is 11 bps cheaper than KWEB. On a $100,000 position that's about $110/yr more in fees for KWEB.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with KWEB vs MCHI.
Top shared holdings
23 shared in total| # | Holding | In KWEB | In MCHI | Overlap |
|---|---|---|---|---|
| 1 | Tencent Holdings Limited | 10.09% | 15.14% | 10.09% |
| 2 | Alibaba Group Holding Limited | 8.93% | 11.16% | 8.93% |
| 3 | PDD Holdings Inc. | 8.78% | 2.64% | 2.64% |
| 4 | MEITUAN | 7.36% | 1.84% | 1.84% |
| 5 | NETEASE, INC. | 5.91% | 1.41% | 1.41% |
| 6 | BAIDU, INC. | 4.28% | 1.24% | 1.24% |
| 7 | TRIP.COM GROUP LIMITED | 3.56% | 1.16% | 1.16% |
| 8 | JD.COM, INC. | 4.91% | 1.14% | 1.14% |
| 9 | KUAISHOU TECHNOLOGY | 3.33% | 0.72% | 0.72% |
| 10 | Ke Holdings Inc | 4.34% | 0.40% | 0.40% |
| 11 | TENCENT MUSIC ENTERTAINMENT GROUP | 2.50% | 0.30% | 0.30% |
| 12 | JD Health International Inc | 4.01% | 0.29% | 0.29% |
Only in KWEB
9 total- Full Truck Alliance Co Ltd 3.59%
- Invesco Government & Agency Portfolio 2.72%
- XD INC. 1.34%
- East Buy Holding Ltd 1.12%
- ZhongAn Online P & C Insurance Co., Ltd. 1.11%
- JOYY INC. 1.04%
- PING AN HEALTHCARE AND TECHNOLOGY COMPANY LIMITED 0.97%
- Damai Entertainment Holdings Limited 0.55%
- WEIBO CORPORATION 0.50%
Only in MCHI
537 total- China Construction Bank Corp 3.51%
- Xiaomi Corp 2.73%
- Ping An Insurance Group Co of China Ltd 2.08%
- Industrial & Commercial Bank of China Ltd 1.92%
- BYD Co Ltd 1.59%
- Bank of China Ltd 1.51%
- Zijin Mining Group Co Ltd 1.23%
- China Life Insurance Co Ltd 1.07%
- BlackRock Funds III 1.05%
- PetroChina Co Ltd 0.92%
Open KWEB or MCHI at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.