GPIQ and KLIP are both covered call ETFs tracking the same benchmark, but with different approaches. GPIQ offers ~9.8% yield with a focus on sophisticated investor seeking the best structured nasdaq covered call, while KLIP provides ~25%+ yield targeting speculative investor seeking exposure to chinese tech with income. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.
Compare covered call ETFs with the same benchmark side by side
Goldman Sachs Nasdaq-100 Premium Income ETF
6.7
Overall Score
KraneShares China Internet & Covered Call ETF
4.4
Overall Score
| Criteria | GPIQ | KLIP |
|---|---|---|
| Overall Score | 6.7 4.4 | |
| Total Return (25%) | 8.3 1.8 | |
| Downside Protection (25%) | 4.4 7.9 | |
| Upside Participation (25%) | 8.4 3.7 | |
| Consistency (15%) | 5.0 4.9 | |
| Expense Ratio (5%) | 8.9 0.6 | |
| Liquidity (5%) | 5.3 5.1 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | GPIQ | KLIP |
|---|---|---|
| Expense Ratio | 0.290% | 0.950% |
| Inception Date | Oct 24, 2023 | Jan 11, 2023 |
| Issuer | Goldman Sachs | KraneShares |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 2/5 stars | 2/5 stars |
Structurally superior to JEPQ — Goldman built this product well
Investor Profile:
Sophisticated investor seeking the best structured Nasdaq covered call
High yield masks extreme risk — China regulatory and geopolitical risk makes this unsuitable as a core holding
Investor Profile:
Speculative investor seeking exposure to Chinese tech with income