Analysis for KraneShares CSI China Internet ETF
Description & usage
The KraneShares CSI China Internet ETF invests in Chinese internet and platform companies. It provides focused exposure to China’s online consumer-tech segment. Key drivers are regulatory policy, user growth, advertising/commerce momentum, and fund flows.
Basic info
- Symbol
- KWEB
- Type
- ETF
- Region
- US
- Sector
- Diversified
- Available history
- 11.2 years
- Last trading day
- 04/02/2026
- TER
- –
Basic info
- Symbol
- KWEB
- Type
- ETF
- Region
- US
- Sector
- Diversified
- Available history
- 11.2 years
- Last trading day
- 04/02/2026
- TER
- –
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- CPI YoY
- 2.4%
- Fed Rate
- 3.75%
- US 10Y
- 4.35%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core CPI
- 2.5%
- US 2Y
- 3.84%
- ISM PMI
- –
Score overview
The overall score combines Performance, Stability and Trend into one comparable value.
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- CPI YoY
- 2.4%
- Fed Rate
- 3.75%
- US 10Y
- 4.35%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core CPI
- 2.5%
- US 2Y
- 3.84%
- ISM PMI
- –
Analysis summary
Technical asset picture
KraneShares CSI China Internet ETF (KWEB) currently has a total score of 15 points, placing it in the very weak range. The score is made up of Performance (12), Stability (24) and Trend (9). All three sub-scores are currently below average.
Performance scores 12 points (very weak). Least weak metric: 3Y return at -9.2 %. Main drag: 5Y return at -62.8 %.
Stability scores 24 points (weak). Least weak metric: volatility (365d, annualized) at 29.9 %. Main drag: Sortino ratio (90d) at -2.30. Higher Stability points are better and typically reflect calmer swings and smaller drawdowns-but prices can still fall.
Trend scores 9 points (very weak). Trend signals are mostly negative right now. Least weak metric: 12M momentum at -14.4 %. Main drag: trend strength at -0.92.
Overall, the picture is very weak: none of the three dimensions shows a clear strength. On a metric level, volatility (365d, annualized) stands out, while Sortino ratio (90d) is the main weak spot.
Current market backdrop
The backdrop currently looks mixed and rather restrictive.
A strong US dollar currently paints a mixed risk picture.
High US real yields and elevated long yields lean toward a restrictive rate backdrop.
What that typically means here
For tech, growth, and communication-services assets, higher real yields and a stronger US dollar typically lean headwind.
Note: DXY is used here as the latest available reading; ISM PMI was not used actively in the effect logic.
Historical evaluation and qualitative market context only, not investment advice.
Price chart
Use the chart to read recent price behavior before drilling into metrics.
Scores and metrics
Explore the overall score, the three pillar scores, and the metrics behind them.