CQQQvsKLIPETF Comparison
VS
ETF 2
KLIP
KraneShares China Internet and Covered Call Strategy ETF
This fund is part of
Options Strategies
-0.35%
Invesco China Technology ETF (CQQQ) belongs to the China Blended Cap segment. KraneShares China Internet and Covered Call Strategy ETF (KLIP) is part of the Options Strategies segment. CQQQ's top 3 sector exposures are Technology, Consumer Services and Consumer Non-Cyclicals. In contrast, KLIP's top sector exposures are Technology, Consumer Non-Cyclicals and Consumer Services. CQQQ is less expensive with a Total Expense Ratio (TER) of 0.65%, versus 0.94% for KLIP. CQQQ is down -11.41% year-to-date (YTD) with +$320M in YTD flows. KLIP performs worse with -12.23% YTD performance, and +$6M in YTD flows. Run a side-by-side ETF comparison of CQQQ and KLIP below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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CQQQ vs KLIP performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/15/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | CQQQ KLIP | -10.80%-4.71% | -13.87%-3.93% | -11.41%-12.23% | -14.03%-13.85% | +23.73%+14.40% | -30.36%n/a |
| Flows | CQQQ KLIP | -$162M-$584K | +$2M-$9M | +$320M+$6M | +$1.62B+$26M | +$2.19B+$129M | +$2.19B- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | CQQQ KLIP | +29.91%+13.88% | +29.50%+16.34% | +29.58%+17.11% | +32.74%n/a |
| Max drawdown | CQQQ KLIP | -19.19%-8.77% | -24.05%-21.36% | -27.20%-21.36% | -61.50%n/a |
| Max drawdown duration | CQQQ KLIP | 77d32d | 344d228d | 375d228d | 1759dn/a |
Trading data
CQQQ | KLIP | |
Last sale 9/16/2026 at 1:30 PM | $46.17 | $22.08 |
| Previous close 09/15/2026 | $46.11 | $22.20 |
| Consolidated volume 09/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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KLIP
is actively managed and doesn’t replicate an indexCQQQ | KLIP | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/16/2026 at 1:30 PM
Live
Closed
CQQQ | KLIP | |
|---|---|---|
| Last price | $46.17 | $22.08 |
| 1D performance | +0.13% | -0.54% |
| AuM | $2.74 B | $93.06 M |
| E/R | 0.65% | 0.94% |
Characteristics
CQQQ | KLIP | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | Invesco | KraneShares |
| Benchmark | FTSE China Incl A 25% Technology Capped Index | - |
| N° of holdings | 174 | 33 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 8, 2009 | January 12, 2023 |
| ESG | No | No |
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Exposure
Countries
CQQQ
China
86.93%
Ireland
11.22%
Other
1.85%
KLIP
China
88.99%
Ireland
8.68%
Other
2.33%
Sectors
CQQQ
Technology
63.97%
Consumer Services
12.58%
Consumer Non-Cycl.
11.22%
Other
12.22%
KLIP
Technology
42.88%
Consumer Non-Cycl.
29.8%
Consumer Services
15.55%
Other
11.77%
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Diversification
CQQQ
Total weight of top 15 holdings out of 15
64.9%
KLIP
Total weight of top 15 holdings out of 15
84.3%
Top 15 holdings
Data as of July 31, 2026
CQQQ
Meituan
12.24%
PDD Holdings, Inc.
11.22%
Tencent Holdings Ltd.
10.36%
Baidu, Inc.
8.03%
Kuaishou Technology
4.88%
Hua Hong Grace Semiconductor Ltd.
3.50%
Cambricon Technologies Corp. Ltd.
2.10%
Hygon Information Technology Co., Ltd.
1.93%
Horizon Robotics
1.76%
SenseTime Group, Inc.
1.66%
Bilibili, Inc.
1.54%
NAURA Technology Group Co., Ltd.
1.50%
Sunny Optical Technology (Group) Co., Ltd.
1.46%
Tencent Music Entertainment Group
1.42%
Kingboard Laminates Holdings Ltd.
1.31%
KLIP
Tencent Holdings Ltd.
10.79%
Alibaba Group Holding Ltd.
9.07%
PDD Holdings, Inc.
8.68%
Meituan
8.62%
NetEase, Inc.
6.68%
JD.com, Inc.
4.64%
Full Truck Alliance Co., Ltd.
4.54%
KE Holdings, Inc.
4.20%
Trip.com Group Ltd.
4.06%
Kuaishou Technology
4.01%
JD Health International, Inc.
3.93%
Kanzhun Ltd.
3.84%
Bilibili, Inc.
3.82%
Baidu, Inc.
3.78%
TAL Education Group
3.63%
Frequently asked questions about CQQQ and KLIP
How have the CQQQ and KLIP ETFs performed in 2026?
As of September 15, 2026, CQQQ is down -11.41% year-to-date (YTD), while KLIP has lost -12.23%. That puts CQQQ better performer ahead so far this year.
Which ETF is attracting more investor money: CQQQ or KLIP?
Year-to-date, the CQQQ ETF saw +$320M in flows, compared to +$6M for KLIP.
Which ETF is more volatile: CQQQ or KLIP?
Over the past year, CQQQ had a volatility of 29.5%, while KLIP experienced 16.34%.
Which ETF is bigger: CQQQ or KLIP?
As of September 15, 2026, CQQQ holds $2.74 B in assets under management (AUM), while KLIP manages $93.06 M.
What sectors do the CQQQ and KLIP ETFs invest in?
CQQQ leans toward sectors like Technology, Consumer Services and Consumer Non-Cyclicals. Meanwhile, KLIP focuses on Technology, Consumer Non-Cyclicals and Consumer Services.
What are the top holdings of the CQQQ ETF and KLIP ETF?
CQQQ top holdings include Meituan, PDD Holdings, Inc. and Tencent Holdings Ltd.. KLIP holds in its top three: Tencent Holdings Ltd., Alibaba Group Holding Ltd. and PDD Holdings, Inc..
Which ETF is more diversified: CQQQ or KLIP?
CQQQ holds 180 securities with 64.9% of its assets in the top 15. KLIP has 33 securities and a top 15 weight of 84.3%.
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Latest news about CQQQ & KLIP
Rising Dragon: Top ETFs to Capitalize on China's Surging Stock Market
October 4, 2024
KLIP
Bridging the Gap: Unpacking the Divergence Between Chinese and US Markets
February 19, 2024
CQQQ
China's Stock Market Struggles Amid Evergrande Crisis
February 5, 2024
CQQQ
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KraneShares China Internet & Covered Call Strategy ETF (NYSE Arca: KLIP)
February 25, 2023
KLIP
KraneShares China Internet & Covered Call Strategy ETF (NYSE Arca: KLIP)
February 25, 2023
KLIP
Generate Income With This China Internet Covered Call ETF
February 14, 2023
KLIP
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