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KBUF vs. KLIP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between KBUF and KLIP is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

KBUF vs. KLIP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares 90% KWEB Defined Outcome January 2026 ETF (KBUF) and KraneShares China Internet and Covered Call Strategy ETF (KLIP). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

KBUF:

0.85

KLIP:

0.19

Sortino Ratio

KBUF:

1.34

KLIP:

0.39

Omega Ratio

KBUF:

1.16

KLIP:

1.06

Calmar Ratio

KBUF:

1.62

KLIP:

0.21

Martin Ratio

KBUF:

3.57

KLIP:

0.86

Ulcer Index

KBUF:

3.78%

KLIP:

4.58%

Daily Std Dev

KBUF:

15.88%

KLIP:

20.69%

Max Drawdown

KBUF:

-8.33%

KLIP:

-18.61%

Current Drawdown

KBUF:

-3.21%

KLIP:

-3.82%

Returns By Period

In the year-to-date period, KBUF achieves a 7.32% return, which is significantly higher than KLIP's 5.72% return.


KBUF

YTD

7.32%

1M

0.30%

6M

8.71%

1Y

14.27%

3Y*

N/A

5Y*

N/A

10Y*

N/A

KLIP

YTD

5.72%

1M

3.17%

6M

8.18%

1Y

5.18%

3Y*

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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KBUF vs. KLIP - Expense Ratio Comparison

Both KBUF and KLIP have an expense ratio of 0.95%.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

KBUF vs. KLIP — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KBUF
The Risk-Adjusted Performance Rank of KBUF is 7575
Overall Rank
The Sharpe Ratio Rank of KBUF is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of KBUF is 7474
Sortino Ratio Rank
The Omega Ratio Rank of KBUF is 6666
Omega Ratio Rank
The Calmar Ratio Rank of KBUF is 8989
Calmar Ratio Rank
The Martin Ratio Rank of KBUF is 7575
Martin Ratio Rank

KLIP
The Risk-Adjusted Performance Rank of KLIP is 2626
Overall Rank
The Sharpe Ratio Rank of KLIP is 2323
Sharpe Ratio Rank
The Sortino Ratio Rank of KLIP is 2323
Sortino Ratio Rank
The Omega Ratio Rank of KLIP is 2525
Omega Ratio Rank
The Calmar Ratio Rank of KLIP is 2828
Calmar Ratio Rank
The Martin Ratio Rank of KLIP is 3030
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.

KBUF vs. KLIP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares 90% KWEB Defined Outcome January 2026 ETF (KBUF) and KraneShares China Internet and Covered Call Strategy ETF (KLIP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current KBUF Sharpe Ratio is 0.85, which is higher than the KLIP Sharpe Ratio of 0.19. The chart below compares the historical Sharpe Ratios of KBUF and KLIP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

KBUF vs. KLIP - Dividend Comparison

KBUF's dividend yield for the trailing twelve months is around 3.29%, less than KLIP's 39.90% yield.


Drawdowns

KBUF vs. KLIP - Drawdown Comparison

The maximum KBUF drawdown since its inception was -8.33%, smaller than the maximum KLIP drawdown of -18.61%. Use the drawdown chart below to compare losses from any high point for KBUF and KLIP.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

KBUF vs. KLIP - Volatility Comparison

KraneShares 90% KWEB Defined Outcome January 2026 ETF (KBUF) has a higher volatility of 3.76% compared to KraneShares China Internet and Covered Call Strategy ETF (KLIP) at 2.64%. This indicates that KBUF's price experiences larger fluctuations and is considered to be riskier than KLIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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