Data as of . Every figure is the themes desk's own, on published data.
KWEB vs SKYY
0% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, KWEB and SKYY hold 0% of their money in the same securities at the same weight.
| Only in KWEB | Only in SKYY |
|---|---|
| Tencent Holdings Limited 10.47% | Nutanix, Inc. (Class A) 4.27% |
| PDD Holdings Inc. 7.94% | Everpure, Inc. (Class A) 4.09% |
| Alibaba Group Holding Limited 7.72% | Arista Networks, Inc. 3.97% |
| NETEASE, INC. 6.99% | Microsoft Corporation 3.62% |
| MEITUAN 6.84% | Amazon.com, Inc. 3.12% |
| BAIDU, INC. 4.20% | MongoDB, Inc. 2.99% |
| Full Truck Alliance Co Ltd 4.17% | Alphabet Inc. (Class A) 2.91% |
| KUAISHOU TECHNOLOGY 4.09% | Atlassian Corporation (Class A) 2.88% |
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 and Sep 4, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| KWEB | SKYY | KWEB | SKYY | KWEB | SKYY | |
| 3 months | −1.2% | +14.8% | −5.9 pts | +10.1 pts | −3.3 pts | +12.7 pts |
| 6 months | −12.3% | +42.8% | −27.5 pts | +27.6 pts | −32.5 pts | +22.6 pts |
| 1 year | −27.2% | +26.4% | −47.2 pts | +6.5 pts | −52.8 pts | +0.9 pts |
| 3 years | +0.5% | +98.2% | −77.4 pts | +20.2 pts | −93.0 pts | +4.7 pts |
| Since launch | +27.7% | +723.9% | −435.6 pts | +74.8 pts | −918.5 pts | −579.0 pts |
| KWEB KraneShares CSI China Internet ETF | SKYY First Trust Cloud Computing ETF | |
|---|---|---|
| Issuer | KraneShares | First Trust |
| Theme | Internet and e-commerce | Cloud and software |
| In the S&P 500 | 0.0% | 38.4% |
| Active share vs the S&P 500 | 100.0% | 86.5% |
| In the Nasdaq-100 | 7.9% | 19.9% |
| Holdings | 33 | 64 |
| Top ten, share of the fund | 60.2% | 32.7% |
| Expense ratio | 0.69% | 0.60% |
| Fee for the differing part | 0.69% | 0.69% |
| Total return, 1 year | −27.2% | +26.4% |
| vs the S&P 500 | −47.2 pts | +6.5 pts |
| vs the Nasdaq-100 | −52.8 pts | +0.9 pts |
| Below its high | −69.8% | −4.3% |
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.
SKYY in plain words
By weight, 38% of SKYY's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 86%. The top ten holdings are 33% of the fund across 64 positions, as filed for Sep 3, 2026. Over the year to Sep 4, 2026 the fund returned +26.4% with distributions reinvested against +20.0% for the S&P 500, so a holder was ahead by 6.5 pts.
Questions people ask
- Do KWEB and SKYY 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 SKYY?
- KWEB has 0% of its weight in S&P 500 names and SKYY has 38%, so KWEB differs more from the index.
- Which is cheaper, KWEB or SKYY?
- KWEB charges 0.69% a year and SKYY charges 0.60%, so SKYY is cheaper. Fees come from each fund's prospectus.
Other comparisons
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.
Cite this page. ETFIQ, KWEB against SKYY, data as of Sep 4, 2026. https://etfiq.com/compare/themes/KWEB-SKYY.html Free to use with attribution; the underlying files are at Open data.