QYLD and KLIP are both covered call ETFs tracking the same benchmark, but with different approaches. QYLD offers ~11.5% yield with a focus on retired investor seeking maximum cash flow, accepting capital erosion, 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
Global X Nasdaq 100 Covered Call ETF
5.2
Overall Score
KraneShares China Internet & Covered Call ETF
4.4
Overall Score
| Criteria | QYLD | KLIP |
|---|---|---|
| Overall Score | 5.2 4.4 | |
| Total Return (25%) | 2.0 1.8 | |
| Downside Protection (25%) | 8.3 7.9 | |
| Upside Participation (25%) | 5.0 3.7 | |
| Consistency (15%) | 4.8 4.9 | |
| Expense Ratio (5%) | 5.0 0.6 | |
| Liquidity (5%) | 7.9 5.1 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | QYLD | KLIP |
|---|---|---|
| Expense Ratio | 0.600% | 0.950% |
| Inception Date | Dec 11, 2013 | Jan 11, 2023 |
| Issuer | Global X | KraneShares |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 5/5 stars | 2/5 stars |
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
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