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

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.


-0.50.00.51.0
Correlation: 0.4

Performance

KWEB vs. KLIP - Performance Comparison

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

-20.00%-10.00%0.00%10.00%20.00%30.00%December2025FebruaryMarchAprilMay
2.83%
19.62%
KWEB
KLIP

Key characteristics

Sharpe Ratio

KWEB:

0.58

KLIP:

0.17

Sortino Ratio

KWEB:

1.13

KLIP:

0.36

Omega Ratio

KWEB:

1.14

KLIP:

1.05

Calmar Ratio

KWEB:

0.33

KLIP:

0.18

Martin Ratio

KWEB:

1.56

KLIP:

0.66

Ulcer Index

KWEB:

15.81%

KLIP:

5.17%

Daily Std Dev

KWEB:

42.53%

KLIP:

20.66%

Max Drawdown

KWEB:

-80.92%

KLIP:

-18.61%

Current Drawdown

KWEB:

-63.37%

KLIP:

-5.28%

Returns By Period

In the year-to-date period, KWEB achieves a 14.91% return, which is significantly higher than KLIP's 4.11% return.


KWEB

YTD

14.91%

1M

-3.89%

6M

8.06%

1Y

15.19%

5Y*

-3.63%

10Y*

0.22%

KLIP

YTD

4.11%

1M

-3.69%

6M

5.38%

1Y

2.34%

5Y*

N/A

10Y*

N/A

*Annualized

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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.


Expense ratio chart for KLIP: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
KLIP: 0.95%
Expense ratio chart for KWEB: current value is 0.76%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
KWEB: 0.76%

Risk-Adjusted Performance

KWEB vs. KLIP — Risk-Adjusted Performance Rank

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

KWEB
The Risk-Adjusted Performance Rank of KWEB is 5959
Overall Rank
The Sharpe Ratio Rank of KWEB is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of KWEB is 7070
Sortino Ratio Rank
The Omega Ratio Rank of KWEB is 6565
Omega Ratio Rank
The Calmar Ratio Rank of KWEB is 4747
Calmar Ratio Rank
The Martin Ratio Rank of KWEB is 5151
Martin Ratio Rank

KLIP
The Risk-Adjusted Performance Rank of KLIP is 3030
Overall Rank
The Sharpe Ratio Rank of KLIP is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of KLIP is 2828
Sortino Ratio Rank
The Omega Ratio Rank of KLIP is 2929
Omega Ratio Rank
The Calmar Ratio Rank of KLIP is 3333
Calmar Ratio Rank
The Martin Ratio Rank of KLIP is 3232
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.

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.


The chart of Sharpe ratio for KWEB, currently valued at 0.58, compared to the broader market-1.000.001.002.003.004.00
KWEB: 0.58
KLIP: 0.17
The chart of Sortino ratio for KWEB, currently valued at 1.13, compared to the broader market-2.000.002.004.006.008.00
KWEB: 1.13
KLIP: 0.36
The chart of Omega ratio for KWEB, currently valued at 1.14, compared to the broader market0.501.001.502.002.50
KWEB: 1.14
KLIP: 1.05
The chart of Calmar ratio for KWEB, currently valued at 0.81, compared to the broader market0.002.004.006.008.0010.0012.00
KWEB: 0.81
KLIP: 0.18
The chart of Martin ratio for KWEB, currently valued at 1.56, compared to the broader market0.0020.0040.0060.00
KWEB: 1.56
KLIP: 0.66

The current KWEB Sharpe Ratio is 0.58, which is higher than the KLIP Sharpe Ratio of 0.17. The chart below compares the historical Sharpe Ratios of KWEB 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.


Rolling 12-month Sharpe Ratio-0.500.000.501.00December2025FebruaryMarchAprilMay
0.58
0.17
KWEB
KLIP

Dividends

KWEB vs. KLIP - Dividend Comparison

KWEB's dividend yield for the trailing twelve months is around 3.05%, less than KLIP's 42.56% yield.


TTM20242023202220212020201920182017201620152014
KWEB
KraneShares CSI China Internet ETF
3.05%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
42.56%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.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-12.25%
-5.28%
KWEB
KLIP

Volatility

KWEB vs. KLIP - Volatility Comparison

KraneShares CSI China Internet ETF (KWEB) has a higher volatility of 16.26% compared to KraneShares China Internet and Covered Call Strategy ETF (KLIP) at 14.11%. 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.


5.00%10.00%15.00%December2025FebruaryMarchAprilMay
16.26%
14.11%
KWEB
KLIP