ETF comparison
KWEB vs SPEM
Both International Emerging.
KraneShares CSI China Internet ETF · State Street SPDR Portfolio Emerging Markets ETF
Holdings overlap
28 positions appear in both funds. Buying equal dollars of KWEB and SPEM would leave roughly 7.0% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
SPEM is 62 bps cheaper than KWEB. On a $100,000 position that's about $620/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 SPEM.
Top shared holdings
28 shared in total| # | Holding | In KWEB | In SPEM | Overlap |
|---|---|---|---|---|
| 1 | Tencent Holdings Limited | 10.44% | 2.74% | 2.74% |
| 2 | Alibaba Group Holding Limited | 7.70% | 1.79% | 1.79% |
| 3 | PDD Holdings Inc. | 7.92% | 0.46% | 0.46% |
| 4 | NETEASE, INC. | 6.97% | 0.42% | 0.42% |
| 5 | MEITUAN | 6.83% | 0.36% | 0.36% |
| 6 | JD.COM, INC. | 3.87% | 0.29% | 0.29% |
| 7 | BAIDU, INC. | 4.19% | 0.27% | 0.27% |
| 8 | TRIP.COM GROUP LIMITED | 3.69% | 0.18% | 0.18% |
| 9 | KUAISHOU TECHNOLOGY | 4.08% | 0.11% | 0.11% |
| 10 | Full Truck Alliance Co Ltd | 4.15% | 0.05% | 0.05% |
| 11 | JD Health International Inc | 3.50% | 0.04% | 0.04% |
| 12 | TENCENT MUSIC ENTERTAINMENT GROUP | 3.39% | 0.04% | 0.04% |
Only in KWEB
6 total- Invesco Government & Agency Portfolio 4.63%
- KE Holdings Inc. 3.89%
- China Ruyi Holdings Limited 1.41%
- Netease Cloud Music Inc 0.72%
- PING AN HEALTHCARE AND TECHNOLOGY COMPANY LIMITED 0.63%
- WEIBO CORPORATION 0.46%
Only in SPEM
2,887 total- Taiwan Semiconductor Manufacturing Co Ltd 14.65%
- MediaTek Inc 1.82%
- Delta Electronics Inc 1.13%
- Hon Hai Precision Industry Co Ltd 0.93%
- HDFC Bank Ltd 0.83%
- ASE Technology Holding Co Ltd 0.82%
- China Construction Bank Corp 0.81%
- Reliance Industries Ltd 0.80%
- ICICI Bank Ltd 0.71%
- United Microelectronics Corp 0.67%
Related comparisons
More comparisons with KWEB
- KWEB vs IEMG · iShares Core MSCI Emerging Markets ETF 6.5%
- KWEB vs FNDE · Schwab Fundamental Emerging Markets Equity ETF 6.1%
- KWEB vs DFAE · Dimensional Emerging Core Equity Market ETF 5.6%
- KWEB vs AVEM · Avantis Emerging Markets Equity ETF 3.1%
- KWEB vs VXUS · Vanguard Total International Stock Index Fund ETF Shares 2.3%
- KWEB vs IXUS · iShares Core MSCI Total International Stock ETF 2.3%
More comparisons with SPEM
- SPEM vs ILF · iShares Latin America 40 ETF 4.9%
- SPEM vs ASHR · Xtrackers Harvest CSI 300 China A-Shares ETF 3.9%
- SPEM vs KSA · iShares MSCI Saudi Arabia ETF 2.6%
- SPEM vs EWZ · iShares MSCI Brazil ETF 2.0%
- SPEM vs EWW · iShares MSCI Mexico ETF 2.0%
- SPEM vs FRDM · Freedom 100 Emerging Markets ETF 0.8%
Percentages are holdings overlap with the named fund.
Open KWEB or SPEM 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.