KraneShares China Internet and Covered Call Strategy ETF (KLIP) belongs to the Options Trading category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with KLIP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to KLIP
KLIP charges 0.95% annually. There are 130 ETFs in the Options Trading category with lower expense ratios, going as low as 0.29%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Hedged Equity ETF | 0.29% | 137.24M | Oct 2023 | KLIP vs PHEQ | |
| iShares 20+ Year Treasury Bond BuyWrite Strategy E... | 0.35% | 1.97B | Jun 2022 | KLIP vs TLTW | |
| Amplify BlackSwan ISWN ETF | 0.49% | 36.93M | Jan 2021 | KLIP vs ISWN | |
| PGIM US Large-Cap Buffer 20 ETF - April | 0.50% | — | Mar 2024 | KLIP vs PBAP | |
| iShares Large Cap Moderate Buffer ETF | 0.50% | 166.70M | Jun 2023 | KLIP vs IVVM |
Best Risk-Adjusted Alternatives to KLIP
KLIP has a PortfoliosLab risk / return rank of 12. There are 134 ETFs in the Options Trading category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 99 | — | Mar 2024 | KLIP vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.67M | Mar 2023 | KLIP vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 198.32M | May 2020 | KLIP vs APRW | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | 98 | — | Apr 2024 | KLIP vs XAPR | |
| PGIM US Large-Cap Buffer 12 ETF - April | 98 | — | Mar 2024 | KLIP vs APRP |
Top Performing KLIP Alternatives (YTD)
KLIP is at -5.93% YTD. There are 140 ETFs in the Options Trading category with higher YTD returns, going as high as 103.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 103.59% | 367.33M | Sep 2023 | KLIP vs AMDY | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | 19.50% | 189.73M | Sep 2023 | KLIP vs QQQY | |
| LHA Market State Tactical Q ETF | 17.64% | 32.01M | Mar 2022 | KLIP vs MSTQ | |
| YieldMax NVDA Option Income Strategy ETF | 15.63% | 1.45B | May 2023 | KLIP vs NVDY | |
| Defiance R2000 Enhanced Options & 0DTE Income ETF | 13.80% | 99.00M | Oct 2023 | KLIP vs IWMY |
Lowest Volatility Alternatives to KLIP
KLIP has 15.70% 1-year volatility. There are 138 ETFs in the Options Trading category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 40 Barrier ETF - October | 0.00% | 7.17M | Sep 2023 | KLIP vs OCTQ | |
| Innovator Premium Income 40 Barrier ETF - April | 0.00% | 19.28M | Mar 2023 | KLIP vs APRQ | |
| Innovator U.S. Equity Accelerated ETF - October | 0.00% | 3.39M | Sep 2021 | KLIP vs XDOC | |
| Innovator Premium Income 9 Buffer ETF - October | 0.00% | 5.96M | Sep 2023 | KLIP vs HOCT | |
| Innovator Premium Income 40 Barrier ETF - July | 0.00% | 6.82M | Jun 2023 | KLIP vs JULQ |
Lowest Drawdown Alternatives to KLIP
KLIP has a 1-year max drawdown of -15.97%. There are 131 ETFs in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 30 Barrier ETF - April | -0.20% | 32.67M | Mar 2023 | KLIP vs APRJ | |
| Innovator Premium Income 15 Buffer ETF - April | -0.24% | — | Mar 2024 | KLIP vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 15.66M | Jun 2023 | KLIP vs JULJ | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | -0.66% | — | Apr 2024 | KLIP vs XAPR | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.75% | 198.32M | May 2020 | KLIP vs APRW |
Other ETFs from CICC
The 10 most viewed CICC ETFs shown here include KWEB, KMLM, KRBN and span 7 categories. AUM among these funds goes as high as $6B.
Often Compared With KLIP
Investors most often compare KLIP with FXP, XPP, YANG. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare KLIP with Any Fund or Stock
Compare KLIP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair KLIP with funds that move differently
KraneShares China Internet and Covered Call Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to KLIP.
Explore KLIP Diversifiers