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KraneShares KWEB Covered Call Strategy ETF

KLIP USUSExchange-Traded Fund
$23.06
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About this fund

KraneShares KWEB Covered Call Strategy ETF (KLIP) is a Thematic and Technology ETF managed by Krane Funds Advisors LLC, listed on NYSE Arca, quoted in USD. It charges a 0.94% net expense ratio and holds $93.21M in assets as of Sep 27, 2026. The fund launched on Jan 11, 2023.

Benchmark
CSI Overseas China InternetPrice return, USD
Distribution
Monthly
AUM
$93.21M
Expense Ratio
0.94%
Yield (12-mo)
7.56%
Morningstar Rating
Benchmark
CSI Overseas China Internet
52-Week Range
Avg Daily Vol
32.0K
Inception
Jan 11, 2023

Risk metrics

vs benchmark CSI Overseas China Internet · Price return, USD

3-year risk statistics are not currently available for this fund.

Risk statistics are 3-year, month-end-based.

Trailing returns

As of Sep 27, 2026
1D
-0.48%
1W
-0.57%
1M
-3.73%
3M
+5.33%
6M
-4.78%
YTD
-12.19%
1Y
-14.69%
3Y ann.
+4.56%
5Y ann.
—
10Y ann.
—

Calendar-year returns

Morningstar daily closes

Trading & liquidity

as of Sep 25, 2026

Avg Vol (1W)
22.3K
Avg Vol (1M)
29.3K
Avg Vol (3M)
32.0K
Avg Vol (1Y)
40.9K
Avg Spread
0.343%

Average daily share volume over each trailing window. Spread is the average bid-ask spread as a percentage of price — lower means cheaper to trade.

Top 10 holdings

Source: Morningstar

Fees & expenses

Net expense
0.94%
Gross expense
0.94%
Management fee
0.25%

Distributions

12-month yield

7.56%

Recent payments per share (USD)

Aug 28, 2026
0.4733 USD
Jul 30, 2026
0.4910 USD
Jun 29, 2026
0.4591 USD
Dec 30, 2025
0.2828 USD

Classification

Asset class
Equity
Issuer
Krane Funds Advisors LLC
Branding
Kraneshares

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  • USCQQQUS

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Frequently asked questions

What is KLIP's expense ratio?
KraneShares KWEB Covered Call Strategy ETF charges a net expense ratio of 0.940%.
How large is KraneShares KWEB Covered Call Strategy ETF?
KLIP holds $93.21M in assets under management.
What index does KLIP track?
KraneShares KWEB Covered Call Strategy ETF tracks CSI Overseas China Internet as its primary benchmark.
When did KLIP launch?
KraneShares KWEB Covered Call Strategy ETF launched on January 11, 2023.
What currency does KLIP trade in?
KLIP trades in USD on NYSE Arca.

Fund information

Ticker
KLIP
Performance ID
0P0001PYRT
Inception
Jan 11, 2023
Domicile
USA
Base currency
USD
Listing currency
USD
AUM
$93.21M
Avg daily volume (3M)
32.0K

Charting by TradingView.

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