JEPQ and KLIP are both covered call ETFs tracking the same benchmark, but with different approaches. JEPQ offers ~10.5% yield with a focus on investor seeking tech exposure with income, moderate volatility tolerance, 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
JPMorgan Nasdaq Equity Premium Income ETF
6.5
Overall Score
KraneShares China Internet & Covered Call ETF
4.9
Overall Score
| Criteria | JEPQ | KLIP |
|---|---|---|
| Overall Score | 6.5 4.9 | |
| Total Return (25%) | 6.4 1.8 | |
| Downside Protection (25%) | 5.8 9.9 | |
| Upside Participation (25%) | 7.1 3.4 | |
| Consistency (15%) | 5.3 5.4 | |
| Expense Ratio (5%) | 8.1 0.6 | |
| Liquidity (5%) | 8.3 5.1 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | JEPQ | KLIP |
|---|---|---|
| Expense Ratio | 0.350% | 0.950% |
| Inception Date | May 3, 2022 | Jan 11, 2023 |
| Issuer | JPMorgan | KraneShares |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 3/5 stars | 2/5 stars |
The best income/growth compromise in the Nasdaq covered call segment
Investor Profile:
Investor seeking tech exposure with income, moderate volatility tolerance
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
Both funds are scored on total return, downside protection, upside participation, distribution consistency, cost and liquidity, against the same benchmark and the same window.
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