Data as of .
ARKW vs KWEB: which is really different?
ARKW and KWEB hold 0% of their weight in the same names, and ARKW returned more over the year.
ETFIQ Off-Index Score: KWEB scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
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, ARKW and KWEB hold 0% of their money in the same securities at the same weight.
| Only in ARKW | Only in KWEB |
|---|---|
| TESLA INC 7.52% | TENCENT HOLDINGS LTD 9.96% |
| ROBINHOOD MARKETS INC - A 5.11% | ALIBABA GROUP HOLDING LTD 8.70% |
| CIRCLE INTERNET GROUP INC 4.69% | PDD HOLDINGS INC 8.17% |
| SPACE EXPLORATION TECHN-CL A 4.59% | MEITUAN-CLASS B 7.09% |
| ADVANCED MICRO DEVICES 4.13% | LENOVO GROUP LTD 6.63% |
| COINBASE GLOBAL INC -CLASS A 4.03% | NETEASE INC 6.26% |
| ARK BITCOIN ETF HOLDCO (ARKW) 3.84% | KE HOLDINGS INC-CL A 4.23% |
| AMAZON.COM INC 3.72% | JD.COM INC-CLASS A 3.87% |
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 dated Sep 18, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| ARKW | KWEB | ARKW | KWEB | ARKW | KWEB | |
| 3 months | +8.4% | −1.6% | +6.2 pts | −3.9 pts | +10.9 pts | +0.9 pts |
| 6 months | +27.8% | −12.0% | +9.8 pts | −30.1 pts | +3.6 pts | −36.3 pts |
| 1 year | −5.3% | −37.3% | −21.8 pts | −53.8 pts | −27.0 pts | −59.0 pts |
| 3 years | +188.1% | +0.7% | +109.7 pts | −77.7 pts | +89.9 pts | −97.5 pts |
| Since launch | +867.7% | +21.7% | +495.5 pts | −436.7 pts | +168.5 pts | −928.1 pts |
| ARKW ARK Next Generation Internet ETF Holds 43 stocks in internet and e-commerce, 50% of its weight in S&P 500 companies | KWEB KraneShares CSI China Internet ETF Holds 46 stocks in internet and e-commerce, 0% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | ARK | KraneShares |
| Theme | Internet and e-commerce | Internet and e-commerce |
| In the S&P 500 | 50.0% | 0.0% |
| Active share vs the S&P 500 | 81.1% | 100.0% |
| In the Nasdaq-100 | 42.7% | 8.2% |
| Holdings | 43 | 46 |
| Top ten, share of the fund | 43.8% | 61.7% |
| Expense ratio | 0.76% | 0.69% |
| Fee for the differing part | 0.94% | 0.69% |
| Total return, 1 year | −5.3% | −37.3% |
| vs the S&P 500 | −21.8 pts | −53.8 pts |
| vs the Nasdaq-100 | −27.0 pts | −59.0 pts |
| Below its high | −13.7% | −71.2% |
| Net assets | $1.9bn | $4.7bn |
ARKW in plain words
By weight, 50% of ARKW's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 81%. The top ten holdings are 44% of the fund across 43 positions, as published by its issuer for Sep 21, 2026. Over the year to Sep 18, 2026 the fund returned −5.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 21.8 pts. It sits 13.7% below its all-time high of Feb 12, 2021.
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 62% of the fund across 46 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned −37.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 53.8 pts. It sits 71.2% below its all-time high of Feb 17, 2021.
Questions people ask
- Do ARKW and KWEB 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, ARKW or KWEB?
- ARKW has 50% of its weight in S&P 500 names and KWEB has 0%, so KWEB differs more from the index.
- Which is cheaper, ARKW or KWEB?
- ARKW charges 0.76% a year and KWEB charges 0.69%, so KWEB 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, ARKW against KWEB, data as of Sep 18, 2026. https://etfiq.com/compare/themes/arkw-vs-kweb Free to use with attribution; the underlying files are at Open data.