KWEB vs VOO
KraneShares CSI China Internet ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | KWEB | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.69% | 0.03% | |
| AUM | $5.4B | $997.4B | |
| Dividend Yield | 7.43% | 1.08% | |
| Holdings | 34 | 509 | |
| YTD Return | -24.19% | +14.27% | |
| 1Y Return | -21.75% | +21.79% | |
| 3Y Return (annualized) | +2.36% | +22.19% | |
| 5Y Return (annualized) | -6.92% | +13.28% | |
| Volatility (annualized) | 33.5% | 14.2% | |
| Max Drawdown | -80.9% | -34.3% | |
| Fund Family | KraneShares | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jul 31, 2013 | Sep 7, 2010 |
KWEB vs VOO Performance
KraneShares CSI China Internet ETF (KWEB) is a ETF from KraneShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year KWEB returned -21.75% while VOO returned +21.79%. Year to date, KWEB is down 24.19% versus a gain of 14.27% for VOO.
Over three years, KWEB compounded at +2.36% per year against +22.19% for VOO; over five years the annualized figures are -6.92% and +13.28% respectively. Across the full 13-year window we track, VOO has the edge at +13.59% annualized vs +2.18%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KWEB has been the more volatile fund, with annualized monthly volatility of 33.5% compared with 14.2% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -80.9% for KWEB and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.29. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
KWEB charges 0.69% per year while VOO charges 0.03%. On a $10,000 position that is $69 vs $3 annually, a gap of $66 per year that compounds over a long holding period. On income, KWEB currently yields 7.43% against 1.08% for VOO.
Holdings Overlap
KWEB and VOO share 0 holdings out of 536 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, KWEB or VOO?
KWEB has an expense ratio of 0.69% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $66 per year of difference.
Which performed better, KWEB or VOO?
Over the past year KWEB returned -21.75% vs +21.79% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (13 years), KWEB annualized +2.18% vs +13.59% for VOO. Past performance does not guarantee future results.
Which is riskier, KWEB or VOO?
KWEB has been the more volatile fund at 33.5% annualized versus 14.2% for VOO. Worst drawdown: KWEB -80.9% vs VOO -34.3%.
Should I hold both KWEB and VOO?
KWEB and VOO have a monthly-return correlation of 0.29, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between KWEB and VOO?
KWEB and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 536 unique securities.
Which pays a higher dividend, KWEB or VOO?
KWEB yields 7.43% while VOO yields 1.08%, so KWEB currently pays the higher dividend yield.
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