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KraneShares China Internet and Covered Call Strate...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US5007674709

CUSIP

500767470

Issuer

CICC

Inception Date

Jan 12, 2023

Leveraged

1x

Distribution Policy

Distributing

Asset Class

Alternatives

Asset Class Size

Large-Cap

Asset Class Style

Growth

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
KLIP vs. NVDY KLIP vs. KWEB KLIP vs. FXP KLIP vs. XPP KLIP vs. FCA KLIP vs. QQQ KLIP vs. YANG KLIP vs. TSLA KLIP vs. VOO KLIP vs. VFIAX
Popular comparisons:
KLIP vs. NVDY KLIP vs. KWEB KLIP vs. FXP KLIP vs. XPP KLIP vs. FCA KLIP vs. QQQ KLIP vs. YANG KLIP vs. TSLA KLIP vs. VOO KLIP vs. VFIAX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in KraneShares China Internet and Covered Call Strategy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-4.43%
12.93%
KLIP (KraneShares China Internet and Covered Call Strategy ETF)
Benchmark (^GSPC)

Returns By Period

KraneShares China Internet and Covered Call Strategy ETF had a return of 0.44% year-to-date (YTD) and 1.71% in the last 12 months.


KLIP

YTD

0.44%

1M

-1.71%

6M

-4.43%

1Y

1.71%

5Y (annualized)

N/A

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of KLIP, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-8.60%6.32%3.80%3.20%-0.16%-4.53%0.48%0.40%4.30%-2.33%0.44%
20230.47%-5.84%3.24%-0.82%-4.93%6.74%6.13%-1.10%0.76%-0.62%5.77%1.28%10.66%

Expense Ratio

KLIP has a high expense ratio of 0.95%, indicating higher-than-average management fees.


Expense ratio chart for KLIP: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of KLIP is 9, indicating that it is in the bottom 9% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of KLIP is 99
Combined Rank
The Sharpe Ratio Rank of KLIP is 88
Sharpe Ratio Rank
The Sortino Ratio Rank of KLIP is 88
Sortino Ratio Rank
The Omega Ratio Rank of KLIP is 88
Omega Ratio Rank
The Calmar Ratio Rank of KLIP is 1212
Calmar Ratio Rank
The Martin Ratio Rank of KLIP is 99
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for KraneShares China Internet and Covered Call Strategy ETF (KLIP) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for KLIP, currently valued at 0.11, compared to the broader market0.002.004.000.112.54
The chart of Sortino ratio for KLIP, currently valued at 0.28, compared to the broader market-2.000.002.004.006.008.0010.000.283.40
The chart of Omega ratio for KLIP, currently valued at 1.04, compared to the broader market0.501.001.502.002.503.001.041.47
The chart of Calmar ratio for KLIP, currently valued at 0.20, compared to the broader market0.005.0010.0015.000.203.66
The chart of Martin ratio for KLIP, currently valued at 0.43, compared to the broader market0.0020.0040.0060.0080.00100.000.4316.26
KLIP
^GSPC

The current KraneShares China Internet and Covered Call Strategy ETF Sharpe ratio is 0.11. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of KraneShares China Internet and Covered Call Strategy ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
0.11
2.54
KLIP (KraneShares China Internet and Covered Call Strategy ETF)
Benchmark (^GSPC)

Dividends

Dividend History

KraneShares China Internet and Covered Call Strategy ETF provided a 56.66% dividend yield over the last twelve months, with an annual payout of $6.39 per share.


61.22%$0.00$2.00$4.00$6.00$8.00$10.002023
Dividends
Dividend Yield
PeriodTTM2023
Dividend$6.39$9.96

Dividend yield

56.66%61.22%

Monthly Dividends

The table displays the monthly dividend distributions for KraneShares China Internet and Covered Call Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.57$0.62$0.61$0.53$0.51$0.46$0.40$0.38$0.40$0.61$0.00$5.08
2023$0.56$1.16$1.10$1.03$0.86$0.84$0.83$0.83$0.75$0.70$0.68$0.63$9.96

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-6.10%
-0.88%
KLIP (KraneShares China Internet and Covered Call Strategy ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the KraneShares China Internet and Covered Call Strategy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the KraneShares China Internet and Covered Call Strategy ETF was 10.39%, occurring on Mar 15, 2023. Recovery took 82 trading sessions.

The current KraneShares China Internet and Covered Call Strategy ETF drawdown is 6.10%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-10.39%Jan 30, 202332Mar 15, 202382Jul 13, 2023114
-9.53%Jan 2, 202414Jan 22, 202441Mar 20, 202455
-9.33%May 20, 202452Aug 2, 2024
-6.24%Aug 1, 202314Aug 18, 202310Sep 1, 202324
-4.58%Oct 12, 20237Oct 20, 202311Nov 6, 202318

Volatility

Volatility Chart

The current KraneShares China Internet and Covered Call Strategy ETF volatility is 7.29%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
7.29%
3.96%
KLIP (KraneShares China Internet and Covered Call Strategy ETF)
Benchmark (^GSPC)