KLIP and IQQQ 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 IQQQ provides ~9.1% yield targeting income investors seeking nasdaq-100 exposure with daily covered call overlay and tax efficiency. 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
ProShares Nasdaq-100 High Income ETF
5.7
Overall Score
| Criteria | KLIP | IQQQ |
|---|---|---|
| Overall Score | 4.4 5.7 | |
| Total Return (25%) | 1.8 8.0 | |
| Downside Protection (25%) | 7.9 0.3 | |
| Upside Participation (25%) | 3.7 8.9 | |
| Consistency (15%) | 4.9 5.9 | |
| Expense Ratio (5%) | 0.6 5.6 | |
| Liquidity (5%) | 5.1 5.4 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | KLIP | IQQQ |
|---|---|---|
| Expense Ratio | 0.950% | 0.550% |
| Inception Date | Jan 11, 2023 | Jan 1, 2022 |
| Issuer | KraneShares | ProShares |
| 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
Solid but faces stiff competition from QQQI. Tax efficiency is its main differentiator.
Investor Profile:
Income investors seeking Nasdaq-100 exposure with daily covered call overlay and tax efficiency