KWEB vs MCHI
KraneShares CSI China Internet ETF vs iShares MSCI China ETF
Last updated: 2026-04-02
KraneShares CSI China Internet ETF (KWEB) is an exchange-traded fund that provides exposure to china internet securities. It charges a high expense ratio of 0.70%. The fund offers a high dividend yield of 7.41%. Launched in 2013, the fund has a 13-year track record.
iShares MSCI China ETF (MCHI) is an exchange-traded fund that provides exposure to china equity securities. It charges a high expense ratio of 0.59%. The fund offers a moderate dividend yield of 2.27%. Launched in 2011, the fund has a 15-year track record.
Quick Verdict
MCHI is significantly cheaper at 0.59% vs 0.70% expense ratio, saving you approximately $208 per $10,000 invested over 10 years. Over the past year, MCHI has significantly outperformed with a 2.7% return vs -19.2%. Income investors may prefer KWEB for its higher yield (7.4% vs 2.3%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
3 of top 10 holdings overlap (30% overlap in top holdings)
KWEB Top Holdings
| Name | Weight |
|---|---|
| Tencent Holdings Limited!hkg/0700 | 10.02% |
| Alibaba Group Holding Limited!otc/BABAF | 9.03% |
| PDD Holdings Inc.PDD | 8.44% |
| Meituan!hkg/3690 | 7.45% |
| NetEase, Inc.!hkg/9999 | 5.97% |
| JD.com, Inc.!hkg/9618 | 4.90% |
| KE Holdings Inc.!hkg/2423 | 4.47% |
| Baidu, Inc.!otc/BAIDF | 4.27% |
| JD Health International Inc.!hkg/6618 | 4.07% |
| Trip.com Group Limited!hkg/9961 | 3.59% |
MCHI Top Holdings
| Name | Weight |
|---|---|
| Tencent Holdings Limited!hkg/0700 | 15.25% |
| Alibaba Group Holding Limited!hkg/9988 | 10.18% |
| China Construction Bank Corporation!hkg/0939 | 3.75% |
| Xiaomi Corporation!hkg/1810 | 2.74% |
| PDD Holdings Inc.PDD | 2.68% |
| Industrial and Commercial Bank of China Limited!hkg/1398 | 2.08% |
| Meituan!hkg/3690 | 2.06% |
| Ping An Insurance (Group) Company of China, Ltd.!hkg/2318 | 1.92% |
| BYD Company Limited!hkg/1211 | 1.90% |
| Bank of China Limited!hkg/3988 | 1.67% |
Which One Should You Choose?
Choose MCHI if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Choose MCHI if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.
Choose KWEB if...
you prioritize dividend income and want higher regular distributions from your portfolio.