Until those big index providers officially accommodate Alibaba, ETF investors are left to access the stock via funds such as KWEB and the Renaissance IPO ETF (NYSEArca: IPO). IPO, which was the second ETF to add Alibaba following the company’s September initial public offering, currently has a 7% weight to the stock.
IPO is up 0.1% today, extending a run that has seen the ETF climb 6.4% this year. That run has been buoyed by, among other holdings, Zoetis (NYSE: ZTS), Twitter (NYSE: TWTR) and JD.com. [IPO ETF Holding up Nicely]
TheEmerging Markets Internet & Ecommerce ETF (NYSEArca: EMQQ), which debuted in November, is trading slightly lower today. The ETF’s underlying index, the Emerging Markets Internet & Ecommerce Index, has an 8% weight to Alibaba.
Although it is not a dedicated China Internet ETF, EMQQ does feature significant allocations to some of the Chinese Internet names that have endured Alibaba’s slide, including a combined 11.5% weight to JD.com and Vipshop.
KraneShares CSI China Internet Fund
