Key stats
About KraneShares KWEB Covered Call Strategy ETF
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Inception date
Jan 12, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Krane Funds Advisors LLC
Distributor
SEI Investments Distribution Co.
ISIN
US5007672729
KLIP is a fund-of-fund that aims to provide some growth and a little yield from an index of China-based internet and internet-related stocks sectors. The fund utilizes a covered call strategy, it holds ETF shares of the reference index and writes one-month, at-the-money FLEX call options on the full portfolio value. The call options sold by the fund are European-style, meaning the options can only be exercised at the expiration date each month. The funds strategy should reduce volatility and help generate some income, compared to the reference index, but it may also cause a drag on the overall upside potential. Should the index rally, the fund is expected to underperform.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.00%
Mutual fund0.79%
Cash0.21%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
KLIP invests in funds. The fund's major sectors are ETF, with 99.00% stocks, and Mutual fund, with 0.79% of the basket. The assets are mostly located in the North America region.
KLIP last dividends amounted to 0.66 USD. The month before, the issuer paid 0.65 USD in dividends, which shows a 1.15% increase.
KLIP assets under management is 115.19 M USD. It's risen 9.29% over the last month.
KLIP fund flows account for −8.12 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, KLIP pays dividends to its holders with the dividend yield of 31.69%. The last dividend (Aug 29, 2025) amounted to 0.66 USD. The dividends are paid monthly.
KLIP shares are issued by China International Capital Corp. Ltd. under the brand KraneShares. The ETF was launched on Jan 12, 2023, and its management style is Passive.
KLIP expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
KLIP follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
KLIP invests in funds.
KLIP price has risen by 1.58% over the last month, and its yearly performance shows a −10.76% decrease. See more dynamics on KLIP price chart.
NAV returns, another gauge of an ETF dynamics, showed a 11.58% increase in three-month performance and has increased by 23.41% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 11.58% increase in three-month performance and has increased by 23.41% in a year.
KLIP trades at a premium (0.21%) meaning the ETF is trading at a higher price than the calculated NAV.