ETFs signal
KWEB

KWEB

KraneShares CSI China Internet ETF

ETFsPCXUSD-70.1% from ATH
Current Price

$25.88

Drawdown from ATH

-70.1%

Last Updated

Jun 17, 2026

Dipsern Grade90d

C

Marginal

Graded against KWEB's own history at this drawdown — not the market's.

What it means: KWEB's own history does not strongly favor buying at this level yet.

What to do: Consider watching and waiting for a deeper dip or a higher grade.

Median 90-Day Return
Historical Win Rate
Last 30 days-9.29%
May 5Jun 16
About KWEB

KraneShares CSI China Internet ETF

The fund will invest at least 80% of its net assets in instruments in its underlying index or in instruments that have economic characteristics similar to those in the underlying index. The index is designed to measure the equity market performance of investable publicly traded "China-based companies" whose primary business or businesses are in the Internet and Internet-related sectors, and are listed outside of Mainland China, as determined by the index provider. The fund is non-diversified.

The reading

How Dipsern reads KWEB right now.

Three plain-English paragraphs — current state, historical base rate, and interpretation — so you walk away with context, not a dashboard.

Snapshot

How is KWEB doing right now?

In plain terms: KWEB is 70.1% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

KraneShares CSI China Internet ETF (KWEB) sits 70.1% off its peak and is currently in a historic crash, last printing at $25.88. Historic crashes (60%+ drawdowns) are rare events. For some assets they marked generational entries; for others they were warning signs of permanent capital loss.

Historical base rate

What history says at this drawdown

Across all available history, KWEB has spent enough trading days in the 75%-to-70% drawdown band to build a large sample (400 observations). Dipsern segments these by drawdown depth and computes the rolling median forward 90-day return — that median is the primary signal you see in the full app, and it's substantially more robust than mean-based forecasts because it ignores fat-tail outliers in both directions.

Interpretation

What this means for KWEB

For broad-index ETFs the historical base rate is exceptionally stable; for narrow thematic ETFs (e.g., ARKK, cannabis, leveraged), drawdowns are deeper and the sample size at each band is smaller. Crash-level drawdowns are tail events with few historical analogs. The signal should be read as "here's what happened the last few times" rather than a base-rate forecast.

Comparable signals

Other ETFs at similar drawdown levels

Five tickers closest to KWEB's distance from all-time high. Same category, one tap away.

Teucrium Corn Fund

-67.9% from ATH

Invesco WilderHill Clean Energy ETF

-67.1% from ATH

Grayscale Ethereum Trust ETF

-74.5% from ATH

Fidelity Ethereum Fund

-63.1% from ATH

iShares Ethereum Trust ETF

-63.0% from ATH

Historical depth

Sample sizes by drawdown band

Dipsern segments the full drawdown range into 20 equal-width bands. The table shows the number of confirmed historical observations in each band for KWEB. Median forward returns, win rates, and prediction errors are available in the full analysis.

Drawdown BandObservationsMedian ReturnWin Rate
-85% to -80%4
-80% to -75%33
-75% to -70%Current400
-70% to -65%292
-65% to -60%223
-60% to -55%123
-55% to -50%76
-50% to -45%18
-45% to -40%35
-40% to -35%129
-35% to -30%192
-30% to -25%201
Methodology

Every grade is reproducible.

We segment 40+ years of KWEB's price history into 20 equal-width drawdown bands and compute forward median returns, win rates, and prediction error per band. No look-ahead bias. Pure NumPy. Open math, gated numbers.

Years of history

40+

Drawdown bands

20

Look-ahead bias

None

Data sources

4

Unlock KWEB's full analysis

See the Dipsern grade, median returns, win rates, prediction accuracy, 8 interactive charts, historical price paths, and a plain-English verdict for KWEB.

Dipsern is research and a second opinion — not a broker. You'd buy KWEB at your own broker.

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Signal computed Jun 17, 2026 using default parameters (90-day return period, 20 segments, 0.95 decay). Data sourced from Yahoo Finance, Binance, CoinGecko, and Steam Market.