KLIP vs. VOO
Compare and contrast key facts about KraneShares China Internet and Covered Call Strategy ETF (KLIP) and Vanguard S&P 500 ETF (VOO).
KLIP and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KLIP is managed by CICC. It was launched on Jan 12, 2023. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Performance
KLIP vs. VOO - Performance Comparison
Loading graphics...
KLIP vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
KLIP KraneShares China Internet and Covered Call Strategy ETF | -8.98% | 16.92% | 3.37% | 10.67% |
VOO Vanguard S&P 500 ETF | -4.42% | 17.82% | 24.98% | 21.66% |
Returns By Period
In the year-to-date period, KLIP achieves a -8.98% return, which is significantly lower than VOO's -4.42% return.
KLIP
- 1D
- 2.10%
- 1M
- -5.77%
- YTD
- -8.98%
- 6M
- -12.63%
- 1Y
- -1.25%
- 3Y*
- 7.62%
- 5Y*
- —
- 10Y*
- —
VOO
- 1D
- 2.86%
- 1M
- -5.01%
- YTD
- -4.42%
- 6M
- -1.84%
- 1Y
- 17.67%
- 3Y*
- 18.27%
- 5Y*
- 11.75%
- 10Y*
- 14.05%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
KLIP vs. VOO - Expense Ratio Comparison
KLIP has a 0.95% expense ratio, which is higher than VOO's 0.03% expense ratio.
Return for Risk
KLIP vs. VOO — Risk / Return Rank
KLIP
VOO
KLIP vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares China Internet and Covered Call Strategy ETF (KLIP) and Vanguard S&P 500 ETF (VOO). 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.
| KLIP | VOO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.06 | 0.98 | -1.04 |
Sortino ratioReturn per unit of downside risk | 0.05 | 1.50 | -1.45 |
Omega ratioGain probability vs. loss probability | 1.01 | 1.23 | -0.22 |
Calmar ratioReturn relative to maximum drawdown | -0.08 | 1.53 | -1.61 |
Martin ratioReturn relative to average drawdown | -0.26 | 7.29 | -7.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| KLIP | VOO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.06 | 0.98 | -1.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.70 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.78 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.83 | -0.48 |
Correlation
The correlation between KLIP and VOO is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
KLIP vs. VOO - Dividend Comparison
KLIP's dividend yield for the trailing twelve months is around 28.24%, more than VOO's 1.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KLIP KraneShares China Internet and Covered Call Strategy ETF | 28.24% | 25.14% | 54.26% | 61.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Drawdowns
KLIP vs. VOO - Drawdown Comparison
The maximum KLIP drawdown since its inception was -18.61%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for KLIP and VOO.
Loading graphics...
Drawdown Indicators
| KLIP | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.61% | -33.99% | +15.38% |
Max Drawdown (1Y)Largest decline over 1 year | -17.23% | -11.98% | -5.25% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.52% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.99% | — |
Current DrawdownCurrent decline from peak | -14.21% | -6.29% | -7.92% |
Average DrawdownAverage peak-to-trough decline | -3.34% | -3.72% | +0.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.18% | 2.52% | +2.66% |
Volatility
KLIP vs. VOO - Volatility Comparison
KraneShares China Internet and Covered Call Strategy ETF (KLIP) has a higher volatility of 7.16% compared to Vanguard S&P 500 ETF (VOO) at 5.29%. This indicates that KLIP's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| KLIP | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.16% | 5.29% | +1.87% |
Volatility (6M)Calculated over the trailing 6-month period | 13.48% | 9.44% | +4.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.76% | 18.10% | +1.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.19% | 16.82% | +1.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.19% | 17.99% | +0.20% |