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

In the year to Sep 4, 2026, with distributions reinvested, KWEB returned −27.2% and VOO returned +20.1%, so VOO returned more. One year is one year; the longer windows are in the table.

Which is cheaper, KWEB or VOO?

KWEB charges 0.69% a year and VOO charges 0.03%, so VOO is cheaper. Fees come from each fund's prospectus.

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

By their latest filed holdings, 0% of KWEB and 100% of VOO by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

Are KWEB and VOO the same kind of fund?

No. KWEB is a thematic ETF and VOO 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.

ETFIQetfiq.com · independent ETF data

KWEB vs VOO

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

KraneShares CSI China Internet ETF and Vanguard 500 Index Fund.

What they hold in common

By the books each fund has filed, KWEB and VOO hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in KWEB	Only in VOO
Tencent Holdings Limited 10.47%	NVIDIA Corp 7.53%
PDD Holdings Inc. 7.94%	Apple Inc 6.61%
Alibaba Group Holding Limited 7.72%	Microsoft Corp 4.31%
NETEASE, INC. 6.99%	Amazon.com Inc 3.63%
MEITUAN 6.84%	Alphabet Inc 3.26%
BAIDU, INC. 4.20%	Broadcom Inc 2.78%
Full Truck Alliance Co Ltd 4.17%	Alphabet Inc 2.60%
KUAISHOU TECHNOLOGY 4.09%	Micron Technology Inc 2.02%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for Jun 30, 2026.

KWEB and VOO on the fields both publish, as of Sep 4, 2026. Source: ETFIQ.
	KWEB KraneShares CSI China Internet ETF	VOO Vanguard 500 Index Fund
Where it sits	Themes desk	Core fund
Issuer	KraneShares	Vanguard
What it is	Internet and e-commerce	S&P 500
Total return, 1 year	−27.2%	+20.1%
S&P 500 over the same days	+20.0%	+20.0%
Gap to the S&P 500	−47.2 pts	+0.1 pts
Expense ratio	0.69%	0.03%
Already in the S&P 500	0.0%	100.0%
Holdings	33	506

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.

VOO in plain words

VOO is a index equity fund tracking S&P 500. Over the year to Sep 4, 2026 it returned +20.1% with distributions reinvested, against +20.0% for the S&P 500 and +25.6% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 506 positions, with the top ten at 36.5%.

Questions people ask

Which returned more over the last year, KWEB or VOO?: In the year to Sep 4, 2026, with distributions reinvested, KWEB returned −27.2% and VOO returned +20.1%, so VOO returned more. One year is one year; the longer windows are in the table.
Which is cheaper, KWEB or VOO?: KWEB charges 0.69% a year and VOO charges 0.03%, so VOO is cheaper. Fees come from each fund's prospectus.
How much do KWEB and VOO overlap with the S&P 500?: By their latest filed holdings, 0% of KWEB and 100% of VOO by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
Are KWEB and VOO the same kind of fund?: No. KWEB is a thematic ETF and VOO is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

KWEB against VOO, ETFIQ, data as of Sep 4, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

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

A comparison is not a recommendation. Standards and sources