KIQQ vs. KLXY

Last updated Jun 6, 2026

KIQQ (KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF) and KLXY (Kraneshares Global Luxury Index ETF) are both exchange-traded funds - KIQQ is a Derivative Income fund actively managed by KraneShares, while KLXY is a Consumer Discretionary Equities fund tracking the Solactive Global Luxury Index - Benchmark TR Net. KIQQ is actively managed, while KLXY is passively managed. At a 0.09 correlation, their price movements are largely independent. KIQQ charges 0.79%/yr vs 0.69%/yr for KLXY.

Performance

KIQQ vs. KLXY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF (KIQQ) and Kraneshares Global Luxury Index ETF (KLXY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KIQQ

• 1D: -3.57%
• 1M: 0.99%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KLXY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

KIQQ vs. KLXY - Yearly Performance Comparison

	2026 (YTD)
KIQQ KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF	6.53%
KLXY Kraneshares Global Luxury Index ETF	-0.47%

Correlation

The correlation between KIQQ and KLXY is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 8, 2026	0.09

Return for Risk

KIQQ vs. KLXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF (KIQQ) and Kraneshares Global Luxury Index ETF (KLXY). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	KIQQ	KLXY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.16	—	—

Drawdowns

Drawdown Indicators

	KIQQ	KLXY	Difference
Max Drawdown Largest peak-to-trough decline	-8.89%	—	—
Current Drawdown Current decline from peak	-4.01%	—	—
Average Drawdown Average peak-to-trough decline	-2.44%	—	—

Volatility

Volatility by Period

	KIQQ	KLXY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.55%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.55%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.55%	—	—

KIQQ vs. KLXY - Expense Ratio Comparison

KIQQ has a 0.79% expense ratio, which is higher than KLXY's 0.69% expense ratio.

Dividends

KIQQ vs. KLXY - Dividend Comparison

KIQQ's dividend yield for the trailing twelve months is around 3.66%, more than KLXY's 0.85% yield.

Position	TTM	2025	2024	2023
KIQQ KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF	3.66%	0.00%	0.00%	0.00%
KLXY Kraneshares Global Luxury Index ETF	0.85%	0.84%	0.74%	0.15%

Frequently Asked Questions

Can I hold both KIQQ and KLXY in my portfolio?

KIQQ and KLXY have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KIQQ or KLXY?

On fees, KLXY is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KIQQ or KLXY?

KLXY is cheaper with a 0.69% expense ratio, compared with 0.79% for KIQQ.

Which ETF pays a higher dividend yield, KIQQ or KLXY?

KIQQ has the higher dividend yield at 3.66%, compared with 0.85% for KLXY.

What is the main difference between KIQQ and KLXY?

KIQQ is categorized as Derivative Income, while KLXY is Consumer Discretionary Equities. Their fees differ too: 0.79% for KIQQ and 0.69% for KLXY.