Ahern notes a boutique ETF provider like his shop can better educate prospective investors on its offerings.
“The lack of assets in China Internet ETFs is the result of ETF issuers having bigger lineups,” he said. “We want to help people better understand Chinese capital markets.”
For its part, KFYP is also heavy on Chinese tech and Internet names. Baidu (NasdaqGM: BIDU), China’s largest Internet search provider, and Tencent Holdings, the country’s largest Internet firm, combine for almost 29% of that ETF’s weight. Those two stocks combine for 18.3% of KWEB’s weight.
KraneShares CSI China Internet ETF
ETF Trends editorial team contributed to this post.