KLIP vs QQQI: Which Covered Call ETF Is Better?

KLIP and QQQI 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 QQQI provides ~14% yield targeting investor seeking nasdaq exposure with high income and optimized tax treatment. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.

Compare ETFs

Compare covered call ETFs with the same benchmark side by side

Step 1: Select Benchmark

Step 2: Select ETFs to Compare

KLIP

KraneShares China Internet & Covered Call ETF

NasdaqInception: Jan 11, 2023

4.9

Overall Score

QQQI

NEOS Nasdaq 100 High Income ETF

NasdaqInception: Jan 30, 2024

6.6

Overall Score

CriteriaKLIPQQQI
Overall Score
4.9
6.6
Total Return (25%)
1.8
7.9
Downside Protection (25%)
9.9
5.7
Upside Participation (25%)
3.4
7.8
Consistency (15%)
5.4
4.8
Expense Ratio (5%)
0.6
4.0
Liquidity (5%)
5.1
6.5
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Compare Across All Time Windows

Since Inception

3 Years

Pro only

1 Year

Pro only

3 Months

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Key Metrics

MetricKLIPQQQI
Expense Ratio0.950%0.680%
Inception DateJan 11, 2023Jan 30, 2024
IssuerKraneSharesNEOS
Distribution FrequencyMonthlyMonthly
Maturity Rating2/5 stars2/5 stars

Verdicts

KLIP

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

QQQI

Ranked #1 in our model but interpret with caution — only 2 maturity stars, no 2022-style correction in its history

Investor Profile:

Investor seeking Nasdaq exposure with high income and optimized tax treatment

Full scores for these funds

See where these rank against every QQQ fund

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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