Correlation
The correlation between KPRO and KLIP is 0.29, 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.
KPRO vs. KLIP
Compare and contrast key facts about KraneShares 100% KWEB Defined Outcome January 2026 ETF (KPRO) and KraneShares China Internet and Covered Call Strategy ETF (KLIP).
KPRO and KLIP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KPRO is an actively managed fund by KraneShares. It was launched on Feb 7, 2024. KLIP is managed by CICC. It was launched on Jan 12, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KPRO or KLIP.
Performance
KPRO vs. KLIP - Performance Comparison
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Key characteristics
KPRO:
1.56
KLIP:
0.19
KPRO:
2.50
KLIP:
0.39
KPRO:
1.31
KLIP:
1.06
KPRO:
2.98
KLIP:
0.21
KPRO:
7.92
KLIP:
0.86
KPRO:
1.42%
KLIP:
4.58%
KPRO:
7.22%
KLIP:
20.69%
KPRO:
-3.77%
KLIP:
-18.61%
KPRO:
-1.08%
KLIP:
-3.82%
Returns By Period
In the year-to-date period, KPRO achieves a 4.04% return, which is significantly lower than KLIP's 5.72% return.
KPRO
4.04%
0.12%
6.80%
11.55%
N/A
N/A
N/A
KLIP
5.72%
3.17%
8.18%
5.18%
N/A
N/A
N/A
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KPRO vs. KLIP - Expense Ratio Comparison
Both KPRO and KLIP have an expense ratio of 0.95%.
Risk-Adjusted Performance
KPRO vs. KLIP — Risk-Adjusted Performance Rank
KPRO
KLIP
KPRO vs. KLIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares 100% KWEB Defined Outcome January 2026 ETF (KPRO) 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.
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Dividends
KPRO vs. KLIP - Dividend Comparison
KPRO's dividend yield for the trailing twelve months is around 3.55%, less than KLIP's 39.90% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
KPRO KraneShares 100% KWEB Defined Outcome January 2026 ETF | 3.55% | 3.69% | 0.00% |
KLIP KraneShares China Internet and Covered Call Strategy ETF | 39.90% | 54.85% | 61.22% |
Drawdowns
KPRO vs. KLIP - Drawdown Comparison
The maximum KPRO drawdown since its inception was -3.77%, smaller than the maximum KLIP drawdown of -18.61%. Use the drawdown chart below to compare losses from any high point for KPRO and KLIP.
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Volatility
KPRO vs. KLIP - Volatility Comparison
The current volatility for KraneShares 100% KWEB Defined Outcome January 2026 ETF (KPRO) is 1.11%, while KraneShares China Internet and Covered Call Strategy ETF (KLIP) has a volatility of 2.64%. This indicates that KPRO experiences smaller price fluctuations and is considered to be less risky than KLIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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