KLIP and FEPI are both covered call ETFs tracking the same benchmark, but with different approaches. KLIP offers ~25%+ yield with a focus on speculative investor seeking exposure to chinese tech with income, while FEPI provides ~7.2% yield targeting tech-bullish income investors who want to monetize their tech exposure. 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
KraneShares China Internet & Covered Call ETF
4.4
Overall Score
REX FANG & Innovation Equity Premium Income ETF
5.1
Overall Score
| Criteria | KLIP | FEPI |
|---|---|---|
| Overall Score | 4.4 5.1 | |
| Total Return (25%) | 1.8 6.8 | |
| Downside Protection (25%) | 7.9 — | |
| Upside Participation (25%) | 3.7 8.1 | |
| Consistency (15%) | 4.9 5.6 | |
| Expense Ratio (5%) | 0.6 4.4 | |
| Liquidity (5%) | 5.1 5.9 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | KLIP | FEPI |
|---|---|---|
| Expense Ratio | 0.950% | 0.650% |
| Inception Date | Jan 11, 2023 | Jan 1, 2022 |
| Issuer | KraneShares | REX Shares |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 2/5 stars | 3/5 stars |
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
A compelling option for investors who believe in mega-cap tech and want income on top. Concentration risk must be accepted.
Investor Profile:
Tech-bullish income investors who want to monetize their tech exposure