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Data as of . Every figure is the themes desk's own, on published data.

KWEB vs PAVE

KraneShares CSI China Internet ETF and Global X U.S. Infrastructure Development ETF, side by side on the themes desk.

0% of the two portfolios are the same securities at the same weight.

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KWEB and PAVE on the themes desk fields, as of Sep 4, 2026. Source: ETFIQ.
KWEB
KraneShares CSI China Internet ETF
PAVE
Global X U.S. Infrastructure Development ETF
IssuerKraneSharesGlobal X
ThemeInternet and e-commerceInfrastructure
In the S&P 5000.0%62.1%
Active share vs the S&P 500100.0%97.2%
In the Nasdaq-1007.9%6.2%
Holdings33100
Top ten, share of the fund60.2%32.3%
Expense ratio0.69%0.47%
Fee for the differing part0.69%0.48%
Total return, 1 year−27.2%+19.3%
vs the S&P 500−47.2 pts−0.7 pts
vs the Nasdaq-100−52.8 pts−6.3 pts
Below its high−69.8%−7.9%

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.

PAVE in plain words

By weight, 62% of PAVE's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 32% of the fund across 100 positions, as filed for May 31, 2026. Over the year to Sep 4, 2026 the fund returned +19.3% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 0.7 pts. It sits 7.9% below its all-time high of Jun 25, 2026.

Questions people ask

Do KWEB and PAVE hold the same stocks?
By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, KWEB or PAVE?
KWEB has 0% of its weight in S&P 500 names and PAVE has 62%, so KWEB differs more from the index.
Which is cheaper, KWEB or PAVE?
KWEB charges 0.69% a year and PAVE charges 0.47%, so PAVE is cheaper. Fees come from each fund's prospectus.

Other comparisons

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

ETFIQ is an independent publisher of exchange-traded fund data. It is not a fund issuer, broker-dealer or investment adviser, and it makes no recommendations; every figure here is stated arithmetic on published data. Standards and sources