Which returned more over the last year, KWEB or QQQ?

In the year to Sep 4, 2026, with distributions reinvested, KWEB returned −27.2% and QQQ returned +25.6%, so QQQ returned more. One year is one year; the longer windows are in the table.

Which is cheaper, KWEB or QQQ?

KWEB charges 0.69% a year and QQQ charges 0.18%, so QQQ is cheaper. Fees come from each fund's prospectus.

How much do KWEB and QQQ overlap with the S&P 500?

By their latest filed holdings, 0% of KWEB and 97% of QQQ by weight is stocks the S&P 500 already holds.

Are KWEB and QQQ the same kind of fund?

No. KWEB is a thematic ETF and QQQ is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Data as of Sep 4, 2026. Both funds on the fields they both publish, from the same sources.

KWEB vs QQQ

Name: ETFIQ comparison of KWEB and QQQ
Creator: ETFIQ
License: https://etfiq.com/standards/

KraneShares CSI China Internet ETF and Invesco QQQ Trust.

KWEB and QQQ on the fields both publish, as of Sep 4, 2026. Source: ETFIQ.
	KWEB KraneShares CSI China Internet ETF	QQQ Invesco QQQ Trust
Where it sits	Themes desk	Core fund
Issuer	KraneShares	Invesco
What it is	Internet and e-commerce	Nasdaq-100, book from QQQM
Total return, 1 year	−27.2%	+25.6%
S&P 500 over the same days	+20.0%	+20.0%
Gap to the S&P 500	−47.2 pts	+5.6 pts
Expense ratio	0.69%	0.18%
Already in the S&P 500	0.0%	96.7%
Holdings	33	101

KWEB in plain words

By weight, 0% of KWEB's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 60% of the fund across 33 positions, as filed for Jun 30, 2026. Over the year to Sep 4, 2026 the fund returned −27.2% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 47.2 pts. It sits 69.8% below its all-time high of Feb 17, 2021.

QQQ in plain words

QQQ is a index equity fund tracking Nasdaq-100, book from QQQM. Over the year to Sep 4, 2026 it returned +25.6% with distributions reinvested, against +20.0% for the S&P 500 and +25.6% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for May 31, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 47.5%. It sat 3.5% below its high of Jun 2, 2026 on Sep 4, 2026.

Questions people ask

Which returned more over the last year, KWEB or QQQ?: In the year to Sep 4, 2026, with distributions reinvested, KWEB returned −27.2% and QQQ returned +25.6%, so QQQ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, KWEB or QQQ?: KWEB charges 0.69% a year and QQQ charges 0.18%, so QQQ is cheaper. Fees come from each fund's prospectus.
How much do KWEB and QQQ overlap with the S&P 500?: By their latest filed holdings, 0% of KWEB and 97% of QQQ by weight is stocks the S&P 500 already holds.
Are KWEB and QQQ the same kind of fund?: No. KWEB is a thematic ETF and QQQ is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Other comparisons

Where to next

Cite this page. ETFIQ, KWEB against QQQ, data as of Sep 4, 2026. https://etfiq.com/compare/any/KWEB-QQQ.html Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. ETFIQ publishes the same fields for every fund and suggests no allocation. Standards and sources