A broad China ETF like MCHI or FXI gives you the whole market. But many foreign investors specifically want internet, tech, or mainland A-shares. That is what sector and thematic China ETFs are for — at the cost of more concentration and volatility.
| ETF | Theme | Tracks | Expense | AUM | Yield | Holdings |
|---|---|---|---|---|---|---|
| KWEB KraneShares |
China internet Offshore · HK/US | CSI Overseas China Internet (Tencent, Alibaba, PDD, Meituan) | 0.69% | $5.2B | ~0.5% | 40 |
| CQQQ Invesco |
China tech Offshore · HK/US | FTSE China Inclusive Tech (internet + semis + hardware + EV) | 0.65% | $3.2B | ~2.1% | 182 |
| ASHR Xtrackers (DWS) |
A-shares Onshore · A-shares | CSI 300 (mainland large-caps in RMB) | 0.65% | $1.5B | ~2.1% | 300 |
Figures are indicative snapshots as of August 2026. Verify current fees, size and prices with the issuer and your broker before buying.
KWEB is the cleanest way to own Chinese internet platforms without picking individual ADRs. It is concentrated (~40 names) and tilted to the giants, so it moves hard in both directions. Best used as a satellite position on top of a broad core fund, not as your only China holding.
CQQQ is "tech" rather than "internet only." It still holds the internet names but also adds semiconductors, hardware and the EV supply chain (~182 holdings). If you want tech exposure that is not a single-theme bet, CQQQ is the more diversified of the two.
ASHR is the only one here that holds real mainland A-shares (the CSI 300) in renminbi. It is the most "onshore" of the group and the direct route if you specifically want the Shanghai/Shenzhen market rather than Hong Kong or US listings. Access note: EU and UK retail generally cannot buy the US-domiciled ASHR under PRIIPs — use a UCITS A-share fund instead.