Four funds dominate the "China tech ETF" search, but they own very different baskets and cost different fees. Here is what each one actually is, and where it fits.
| ETF | Ticker | Tracks | Holdings / AUM | Expense |
|---|---|---|---|---|
| KraneShares CSI China Internet | KWEB | CSI Overseas China Internet (platforms only) | ~40 names · $5B+ AUM | ~0.67% |
| Invesco China Technology | CQQQ | FTSE China Incl A 25% Tech Capped | ~170 stocks · $3.2B AUM | ~0.65% |
| iShares MSCI China Multisector Tech | TCHI | MSCI China Tech + related sectors | ~broad tech · ~$46M AUM | ~0.59% |
| iShares MSCI China Tech UCITS | CTEC | MSCI China Tech Sub-Industries (ESG screened) | accumulating · >$2B AUM | ~0.45% |
Pattern: KWEB is the concentrated internet bet; CQQQ is diversified tech; TCHI is the smallest and cheapest US-listed option; CTEC is the UCITS version for EU/UK investors and the lowest fee.
China tech funds are satellite, not core. They have delivered big rallies in policy- or AI-driven recoveries and steep corrections when regulation or trade friction bite. A common framework is a broad China ETF (MCHI or FXI) as the core, with a 2–5% sleeve in KWEB or CQQQ for tech conviction. Leveraged 3x products (YINN/YANG) are for short-term trades only — volatility decay makes them unsuitable to hold.