KraneShares China Internet and Covered Call Strategy ETF (KLIP) Alternatives

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 funds that fit a different role in your portfolio.

Cheapest Alternatives to KLIP

KLIP charges 0.95% annually. Among ETFs in the Options Trading category, these options have the lowest expense ratios among KLIP alternatives.

Symbol	Name	Expense Ratio	Inception
PHEQ	Parametric Hedged Equity ETF	0.29%	Oct 16, 2023	KLIP vs PHEQ
TLTW	iShares 20+ Year Treasury Bond BuyWrite Strategy E...	0.35%	Jun 18, 2022	KLIP vs TLTW
ISWN	Amplify BlackSwan ISWN ETF	0.49%	Jan 25, 2021	KLIP vs ISWN
IVVB	iShares Large Cap Deep Buffer ETF	0.50%	Jun 28, 2023	KLIP vs IVVB
IVVM	iShares Large Cap Moderate Buffer ETF	0.50%	Jun 28, 2023	KLIP vs IVVM

Best Risk-Adjusted Alternatives to KLIP

Among ETFs in the Options Trading category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
AAPR	Innovator Equity Defined Protection ETF - 2 Yr To ...	91	Mar 28, 2024	KLIP vs AAPR
EOCT	Innovator Emerging Markets Power Buffer ETF - Octo...	90	Sep 30, 2021	KLIP vs EOCT
QFLR	Innovator Nasdaq-100 Managed Floor ETF	90	Jan 24, 2024	KLIP vs QFLR
FLJJ	Allianzim U.S. Large Cap 6 Month Floor5 Jan/Jul ET...	90	Jan 31, 2024	KLIP vs FLJJ
XAPR	FT Cboe Vest U.S. Equity Enhance & Moderate Buffer...	88	Apr 18, 2024	KLIP vs XAPR

Top Performing KLIP Alternatives (YTD)

KLIP alternatives from the Options Trading category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
APRT	AllianzIM U.S. Large Cap Buffer10 Apr ETF	2.08%	May 28, 2020	KLIP vs APRT
APRP	PGIM US Large-Cap Buffer 12 ETF - April	1.89%	Mar 28, 2024	KLIP vs APRP
GMAR	FT Cboe Vest U.S. Equity Moderate Buffer ETF - Mar...	1.83%	Mar 16, 2023	KLIP vs GMAR
DMAR	FT Cboe Vest U.S. Equity Deep Buffer ETF - March	1.79%	Mar 18, 2021	KLIP vs DMAR
APRW	AllianzIM U.S. Large Cap Buffer20 Apr ETF	1.48%	May 28, 2020	KLIP vs APRW

Lowest Volatility Alternatives to KLIP

KLIP alternatives from the Options Trading category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
APRD	Innovator Premium Income 10 Barrier ETF - April	0.00%	Mar 31, 2023	KLIP vs APRD
APRQ	Innovator Premium Income 40 Barrier ETF - April	0.00%	Mar 31, 2023	KLIP vs APRQ
JULQ	Innovator Premium Income 40 Barrier ETF - July	0.00%	Jun 30, 2023	KLIP vs JULQ
HOCT	Innovator Premium Income 9 Buffer ETF - October	0.00%	Sep 29, 2023	KLIP vs HOCT
OCTQ	Innovator Premium Income 40 Barrier ETF - October	0.00%	Sep 29, 2023	KLIP vs OCTQ

Lowest Drawdown Alternatives to KLIP

KLIP alternatives from the Options Trading category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
AJAN	Innovator Equity Defined Protection ETF - 2 Yr To ...	-3.34%	Dec 29, 2023	KLIP vs AJAN
CAOS	Alpha Architect Tail Risk ETF	-3.60%	Aug 14, 2013	KLIP vs CAOS
JULJ	Innovator Premium Income 30 Barrier ETF - July	-3.62%	Jun 30, 2023	KLIP vs JULJ
LAPR	Innovator Premium Income 15 Buffer ETF - April	-3.81%	Mar 28, 2024	KLIP vs LAPR
FLJJ	Allianzim U.S. Large Cap 6 Month Floor5 Jan/Jul ET...	-3.86%	Jan 31, 2024	KLIP vs FLJJ

Other ETFs from CICC

Most popular CICC ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
KWEB	KraneShares CSI China Internet ETF	China Equities	4	-16.51%	Jul 31, 2013	KLIP vs KWEB
KMLM	KFA Mount Lucas Index Strategy ETF	Long-Short, Actively Managed	46	8.67%	Dec 2, 2020	KLIP vs KMLM
KRBN	KraneShares Global Carbon ETF	Commodities	21	-16.13%	Jul 30, 2020	KLIP vs KRBN
KBA	KraneShares Bosera MSCI China A Share ETF	China Equities	85	-2.07%	Mar 5, 2014	KLIP vs KBA
IVOL	Quadratic Interest Rate Volatility & Inflation Hed...	Inflation-Protected Bonds, Actively Managed	23	-1.46%	May 13, 2019	KLIP vs IVOL
KGRN	KraneShares MSCI China Clean Technology Index ETF	China Equities	27	6.02%	Oct 13, 2017	KLIP vs KGRN
KEMQ	KraneShares Emerging Markets Consumer Technology I...	Emerging Markets Equities	54	-8.14%	Oct 11, 2017	KLIP vs KEMQ
KURE	KraneShares MSCI All China Health Care Index ETF	China Equities	26	0.18%	Feb 1, 2018	KLIP vs KURE
KEMX	KraneShares MSCI Emerging Markets ex China Index E...	Foreign Large Cap Equities	94	9.35%	Apr 12, 2019	KLIP vs KEMX
KVLE	KFA Value Liner Dynamic Core Equity Index ETF	Large Cap Value Equities	32	-2.24%	Nov 24, 2020	KLIP vs KVLE

Often Compared With KLIP

What investors most often compare with KLIP, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
NVDY	YieldMax NVDA Option Income Strategy ETF	Options Trading	87	-1.61%	May 10, 2023	KLIP vs NVDY
XPP	ProShares Ultra FTSE China 50	Leveraged Equities, Leveraged, China Equities	10	-14.59%	Jun 2, 2009	KLIP vs XPP
FXP	ProShares UltraShort FTSE China 50	Leveraged Equities, Leveraged, China Equities	8	11.77%	Nov 8, 2007	KLIP vs FXP
YANG	Direxion Daily China 3x Bear Shares	Leveraged Equities, Leveraged, China Equities	8	16.89%	Dec 3, 2009	KLIP vs YANG
FCA	First Trust China AlphaDEX Fund	China Equities	92	10.86%	Apr 18, 2011	KLIP vs FCA
CN	Xtrackers MSCI All China Equity ETF	China Equities	—	—	Apr 30, 2014	KLIP vs CN
QQQ	Invesco QQQ ETF	Large Cap Growth Equities	69	-5.93%	Mar 10, 1999	KLIP vs QQQ
MILN	Global X Millennial Consumer ETF	Large Cap Growth Equities	7	-13.38%	May 4, 2016	KLIP vs MILN
ASDV.L	SPDR S&P Pan Asia Dividend Aristocrats UCITS	Asia Pacific Equities	76	1.33%	May 14, 2013	KLIP vs ASDV.L
VOO	Vanguard S&P 500 ETF	S&P 500	65	-4.42%	Sep 7, 2010	KLIP vs VOO
KPRO	KraneShares 100% KWEB Defined Outcome January 2026...	Options Trading	11	-3.52%	Feb 7, 2024	KLIP vs KPRO
GIAX	Nicholas Global Equity and Income ETF	Derivative Income	26	-8.92%	Jul 29, 2024	KLIP vs GIAX
CVLC	Calvert US Large-Cap Core Responsible Index ETF	Large Cap Blend Equities	58	-4.76%	Jan 30, 2023	KLIP vs CVLC
KBUF	KraneShares 90% KWEB Defined Outcome January 2026 ...	Options Trading	12	-8.06%	Feb 7, 2024	KLIP vs KBUF
VFIAX	Vanguard 500 Index Fund Admiral Shares	Large Cap Blend Equities	46	-7.06%	Nov 13, 2000	KLIP vs VFIAX
LOCT	Innovator Premium Income 15 Buffer ETF - October	Options Trading	59	-0.01%	Sep 29, 2023	KLIP vs LOCT
TSLA	Tesla, Inc.		69	-17.34%	—	KLIP vs TSLA
SPYI	NEOS S&P 500 High Income ETF	Derivative Income, S&P 500	69	-3.13%	Aug 29, 2022	KLIP vs SPYI
QQQI	NEOS Nasdaq-100 High Income ETF	Derivative Income	72	-4.41%	Jan 29, 2024	KLIP vs QQQI
XDOC	Innovator U.S. Equity Accelerated ETF - October	Options Trading	—	—	Sep 30, 2021	KLIP vs XDOC

Compare KLIP with Any Fund or Stock

Compare KLIP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

KraneShares China Internet and Covered Call Strategy ETF

Symbol name