KWEB vs. KLIP
Compare and contrast key facts about KraneShares CSI China Internet ETF (KWEB) and KraneShares China Internet and Covered Call Strategy ETF (KLIP).
KWEB and KLIP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KWEB is a passively managed fund by CICC that tracks the performance of the CSI Overseas China Internet. It was launched on Jul 31, 2013. 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: KWEB or KLIP.
Correlation
The correlation between KWEB and KLIP is 0.43, 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.
Performance
KWEB vs. KLIP - Performance Comparison
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Key characteristics
KWEB:
0.24
KLIP:
0.15
KWEB:
0.77
KLIP:
0.37
KWEB:
1.10
KLIP:
1.05
KWEB:
0.18
KLIP:
0.19
KWEB:
0.84
KLIP:
0.68
KWEB:
15.98%
KLIP:
5.24%
KWEB:
42.10%
KLIP:
20.74%
KWEB:
-80.92%
KLIP:
-18.61%
KWEB:
-62.56%
KLIP:
-2.97%
Returns By Period
In the year-to-date period, KWEB achieves a 17.44% return, which is significantly higher than KLIP's 6.65% return.
KWEB
17.44%
13.67%
15.17%
10.10%
10.28%
-5.89%
-0.40%
KLIP
6.65%
10.02%
9.68%
3.08%
N/A
N/A
N/A
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KWEB vs. KLIP - Expense Ratio Comparison
KWEB has a 0.76% expense ratio, which is lower than KLIP's 0.95% expense ratio.
Risk-Adjusted Performance
KWEB vs. KLIP — Risk-Adjusted Performance Rank
KWEB
KLIP
KWEB vs. KLIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares CSI China Internet ETF (KWEB) 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
KWEB vs. KLIP - Dividend Comparison
KWEB's dividend yield for the trailing twelve months is around 2.98%, less than KLIP's 41.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KWEB KraneShares CSI China Internet ETF | 2.98% | 3.51% | 1.71% | 0.00% | 7.07% | 0.29% | 0.08% | 3.40% | 0.58% | 1.19% | 0.46% | 0.89% |
KLIP KraneShares China Internet and Covered Call Strategy ETF | 41.54% | 54.85% | 61.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
KWEB vs. KLIP - Drawdown Comparison
The maximum KWEB drawdown since its inception was -80.92%, which is greater than KLIP's maximum drawdown of -18.61%. Use the drawdown chart below to compare losses from any high point for KWEB and KLIP. For additional features, visit the drawdowns tool.
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Volatility
KWEB vs. KLIP - Volatility Comparison
KraneShares CSI China Internet ETF (KWEB) has a higher volatility of 9.14% compared to KraneShares China Internet and Covered Call Strategy ETF (KLIP) at 3.51%. This indicates that KWEB'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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