ETF comparison
KWEB vs VWO
Both International Emerging.
KraneShares CSI China Internet ETF · Vanguard FTSE Emerging Markets Index Fund ETF Shares
Holdings overlap
32 positions appear in both funds. Buying equal dollars of KWEB and VWO would leave roughly 8.9% 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
VWO is 63 bps cheaper than KWEB. On a $100,000 position that's about $630/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 VWO.
Top shared holdings
32 shared in total| # | Holding | In KWEB | In VWO | Overlap |
|---|---|---|---|---|
| 1 | Tencent Holdings Limited | 10.44% | 3.31% | 3.31% |
| 2 | Alibaba Group Holding Limited | 7.70% | 2.41% | 2.41% |
| 3 | PDD Holdings Inc. | 7.92% | 0.59% | 0.59% |
| 4 | MEITUAN | 6.83% | 0.56% | 0.56% |
| 5 | NETEASE, INC. | 6.97% | 0.42% | 0.42% |
| 6 | JD.COM, INC. | 3.87% | 0.35% | 0.35% |
| 7 | BAIDU, INC. | 4.19% | 0.26% | 0.26% |
| 8 | TRIP.COM GROUP LIMITED | 3.69% | 0.24% | 0.24% |
| 9 | KUAISHOU TECHNOLOGY | 4.08% | 0.15% | 0.15% |
| 10 | KE Holdings Inc. | 3.89% | 0.10% | 0.10% |
| 11 | Full Truck Alliance Co Ltd | 4.15% | 0.06% | 0.06% |
| 12 | Kanzhun Ltd | 3.21% | 0.05% | 0.05% |
Only in KWEB
2 total- Invesco Government & Agency Portfolio 4.63%
- WEIBO CORPORATION 0.46%
Only in VWO
4,948 total- Taiwan Semiconductor Manufacturing Co Ltd 15.56%
- MediaTek Inc 1.36%
- China Construction Bank Corp 0.90%
- Delta Electronics Inc 0.82%
- Hon Hai Precision Industry Co Ltd 0.81%
- Reliance Industries Ltd 0.80%
- HDFC Bank Ltd 0.78%
- ICICI Bank Ltd 0.69%
- Industrial & Commercial Bank of China Ltd 0.66%
- Xiaomi Corp 0.55%
Related comparisons
More comparisons with KWEB
- KWEB vs SCHE · Schwab Emerging Markets Equity ETF 8.9%
- KWEB vs PXH · Invesco RAFI Emerging Markets ETF 8.5%
- KWEB vs EEM · iShares MSCI Emerging Markets ETF 7.3%
- KWEB vs ESGE · iShares ESG Aware MSCI EM ETF 7.2%
- KWEB vs SPEM · State Street SPDR Portfolio Emerging Markets ETF 7.0%
- KWEB vs IEMG · iShares Core MSCI Emerging Markets ETF 6.5%
More comparisons with VWO
- VWO vs VSS · Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares 7.8%
- VWO vs EWZ · iShares MSCI Brazil ETF 3.6%
- VWO vs KSA · iShares MSCI Saudi Arabia ETF 3.0%
- VWO vs ILF · iShares Latin America 40 ETF 2.7%
- VWO vs EWW · iShares MSCI Mexico ETF 2.1%
- VWO vs JGLO · Jpmorgan Global Select Equity ETF 1.4%
Percentages are holdings overlap with the named fund.
Open KWEB or VWO 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.