KLIP and QYLD 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 QYLD provides ~11.5% yield targeting retired investor seeking maximum cash flow, accepting capital erosion. 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
4.9
Overall Score
Global X Nasdaq 100 Covered Call ETF
5.3
Overall Score
| Criteria | KLIP | QYLD |
|---|---|---|
| Overall Score | 4.9 5.3 | |
| Total Return (25%) | 1.8 2.0 | |
| Downside Protection (25%) | 9.9 8.5 | |
| Upside Participation (25%) | 3.4 5.0 | |
| Consistency (15%) | 5.4 4.9 | |
| Expense Ratio (5%) | 0.6 5.0 | |
| Liquidity (5%) | 5.1 7.9 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | KLIP | QYLD |
|---|---|---|
| Expense Ratio | 0.950% | 0.600% |
| Inception Date | Jan 11, 2023 | Dec 11, 2013 |
| Issuer | KraneShares | Global X |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 2/5 stars | 5/5 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
The yield is real but capital erodes — use with full understanding of the trade-off
Investor Profile:
Retired investor seeking maximum cash flow, accepting capital erosion
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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