KLIPvsKWEBETF Comparison
ETF 1
KLIP
KraneShares China Internet and Covered Call Strategy ETF
This fund is part of
Options Strategies
-0.16%
VS
KraneShares China Internet and Covered Call Strategy ETF (KLIP) and KraneShares CSI China Internet ETF (KWEB) have similar underlying exposures to countries and sectors. Both ETFs have the same top 3 sector exposures: Consumer Discretionary, Communication Services and Real Estate. KLIP is more expensive with a Total Expense Ratio (TER) of 0.95%, versus 0.7% for KWEB. KLIP is down -6.79% year-to-date (YTD) with +$9M in YTD flows. KWEB performs worse with -17.05% YTD performance, and -$223M in YTD flows. Run a side-by-side ETF comparison of KLIP and KWEB 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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KLIP vs KWEB performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/27/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | KLIP KWEB | +4.14%+0.39% | -11.68%-20.95% | -6.79%-17.05% | +7.66%-5.74% | +37.20%+14.94% | n/a-56.39% |
| Flows | KLIP KWEB | -$622K+$154M | +$4M-$580M | +$9M-$223M | +$40M+$1.55B | +$211M+$1.89B | -+$9.57B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | KLIP KWEB | +18.97%+24.49% | +14.49%+23.37% | +17.63%+30.39% | n/a+40.84% |
| Max drawdown | KLIP KWEB | -15.70%-23.73% | -15.70%-31.43% | -18.00%-31.43% | n/a-74.55% |
| Max drawdown duration | KLIP KWEB | 88d88d | 88d207d | 88d207d | n/a1825d |
Trading data
KLIP | KWEB | |
Last sale 4/29/2026 at 1:30 PM | $25.72 | $28.03 |
| Previous close 04/28/2026 | $26.27 | $28.11 |
| Consolidated volume 04/28/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of March 31, 2026
1-year trailing difference
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KLIP
is actively managed and doesn’t replicate an indexKLIP | KWEB | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 4/29/2026 at 1:30 PM
Live
Closed
KLIP | KWEB | |
|---|---|---|
| Last price | $25.72 | $28.03 |
| 1D performance | -2.08% | -0.28% |
| AuM | $113.27 M | $6.39 B |
| E/R | 0.95% | 0.7% |
Characteristics
KLIP | KWEB | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | KraneShares | KraneShares |
| Benchmark | - | CSI Overseas China Internet Index |
| N° of holdings | 24 | 24 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 12, 2023 | July 31, 2013 |
| ESG | No | No |
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Exposure
Countries
KLIP
Cayman Islands
70.29%
USA
27.38%
Other
2.33%
KWEB
Cayman Islands
69.08%
USA
26.91%
Other
4.01%
Sectors
KLIP
Consumer Discreti.
44.54%
Communication Ser.
35.64%
Other
19.82%
KWEB
Consumer Discreti.
43.77%
Communication Ser.
35.03%
Other
21.2%
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Diversification
KLIP
Total weight of top 15 holdings out of 15
79.73%
KWEB
Total weight of top 15 holdings out of 15
78.36%
Top 15 holdings
Data as of March 31, 2026
KLIP
TENCENT HOLDINGS
10.27%
ALIBABA GROUP HOLDING LTD
9.09%
PINDUODUO INC ADR
8.93%
MEITUAN
7.49%
NETEASE INC
6.01%
JD.COM INC
5.00%
KE HOLDINGS
4.42%
BAIDU
4.35%
JD HEALTH INTERNATIONAL
4.08%
US35969L1089
3.65%
TRIP.COM GROUP
3.62%
KUAISHOU TECHNOLOGY
3.39%
US8740801043
3.30%
BILIBILI
3.23%
US48553T1060
2.91%
KWEB
TENCENT HOLDINGS
10.09%
ALIBABA GROUP HOLDING LTD
8.93%
PINDUODUO INC ADR
8.78%
MEITUAN
7.36%
NETEASE INC
5.91%
JD.COM INC
4.91%
KE HOLDINGS
4.34%
BAIDU
4.28%
JD HEALTH INTERNATIONAL
4.01%
US35969L1089
3.59%
TRIP.COM GROUP
3.56%
KUAISHOU TECHNOLOGY
3.33%
US8740801043
3.24%
BILIBILI
3.17%
US48553T1060
2.86%
Frequently asked questions about KLIP and KWEB
How have the KLIP and KWEB ETFs performed in 2026?
As of April 27, 2026, KLIP is down -6.79% year-to-date (YTD), while KWEB has lost -17.05%. That puts KLIP better performer ahead so far this year.
Which ETF is attracting more investor money: KLIP or KWEB?
Year-to-date, the KLIP ETF saw +$9M in flows, compared to -$223M for KWEB.
Which ETF is more volatile: KLIP or KWEB?
Over the past year, KLIP had a volatility of 14.49%, while KWEB experienced 23.37%.
Which ETF is bigger: KLIP or KWEB?
As of April 27, 2026, KLIP holds $113.27 M in assets under management (AUM), while KWEB manages $6.39 B.
What sectors do the KLIP and KWEB ETFs invest in?
KLIP leans toward sectors like Consumer Discretionary and Communication Services. Meanwhile, KWEB focuses on Consumer Discretionary and Communication Services.
What are the top holdings of the KLIP ETF and KWEB ETF?
KLIP top holdings include TENCENT HOLDINGS, ALIBABA GROUP HOLDING LTD and PINDUODUO INC ADR. KWEB holds in its top three: TENCENT HOLDINGS, ALIBABA GROUP HOLDING LTD and PINDUODUO INC ADR.
Which ETF is more diversified: KLIP or KWEB?
KLIP holds 31 securities with 79.73% of its assets in the top 15. KWEB has 31 securities and a top 15 weight of 78.36%.
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KraneShares China Internet & Covered Call Strategy ETF (NYSE Arca: KLIP)
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