Prior to the IPO, S&P Dow Jones Indices said, “According to our published index rules, Alibaba Group Holding would be eligible for all standard S&P Dow Jones Global Benchmarks that include Chinese stocks. In particular, it will be screened for inclusion in the S&P China BMI, and therefore the S&P Emerging BMI and S&P Global BMI, according to the index’s standard IPO addition policy.” [Strategy With China ETFs]

While established ETFs wait to add Alibaba, a crop of newer funds have been quick to add the stock. For example, the Renaissance IPO ETF (NYSEArca: IPO) and the KraneShares CSI China Internet Fund (NasdaqGM: KWEB) added Alibaba after five and 11 trading days, respectively. IPO and KWEB now sport two of the largest weights Alibaba weights among all ETFs. Both funds debuted in 2013. [A Legitimate Alibaba ETF]

Several ETFs that have debuted in recent weeks came to market with decent exposure to Alibaba. For example, the First Trust International IPO ETF (NasdaqGM: FPXI) and EMQQ (NYSEArca: EMQQ), both of which launched this month, feature Alibaba among their top holdings.

Renaissance IPO ETF