KLIP

KraneShares China Internet & Covered Call ETF

KWEBIssuer: KraneSharesInception: January 11, 2023

6.7

Overall Score

Strategy & Profile

KraneShares China Internet covered call ETF — holds Chinese internet stocks (Alibaba, Tencent, JD.com) and sells calls to generate income. Very high yield driven by extreme underlying volatility.

TTM Yield: ~25%+

Strengths

  • ✓Very high yield from Chinese tech volatility
  • ✓Unique China internet exposure

Weaknesses

  • ✗Extreme geopolitical risk
  • ✗NAV erosion risk is high
  • ✗Very low upside participation
  • ✗Benchmark QQQ is not the right comparison

Investor Profile

Speculative investor seeking exposure to Chinese tech with income

Verdict

High yield masks extreme risk — China regulatory and geopolitical risk makes this unsuitable as a core holding

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Key Metrics

Expense Ratio

0.950%

Inception Date

January 11, 2023

Benchmark

KWEB

Category

Covered Call - Nasdaq

Distribution Frequency

Monthly

Maturity Rating

2/5 stars

Scores calculated using CoveredRank methodology. Every formula is published and reproducible.

See full methodology→

Disclaimer: CoveredRank provides independent educational content only. This is not financial advice. Please consult with a qualified financial advisor before making investment decisions. Past performance does not guarantee future results.