# KraneShares KWEB Covered Call Strategy ETF (KLIP)

> Source: Nexqual · https://nexqual.com/KLIP · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, KraneShares KWEB Covered Call Strategy ETF (KLIP), nexqual.com/KLIP" · informational, not investment advice.

**Price:** USD 21.23 (-0.66% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 21.37 · day 21.23–21.43 · 52w 21.23–33.56 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y -19.3% vs S&P 500 +14.0%; 5Y +16.5% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2023-01-09) |
|---|---|---|
| Total return | -19.3% | +16.5% |
| S&P 500 (SPY) | +14.0% | +76.9% |
| Per year | -19.4% | +4.1% |
| Volatility (annualized) | 16.7% | 16.4% |
| Max drawdown | -21.5% (Jan 2026→Jun 2026) | -20.9% (Jan 2026→Oct 2026) |

## Peers
OARK (YieldMax Innovation Option Inco) USD 27.27 +0.21% · APLY (YieldMax AAPL Option Income Str) USD 12.04 +0.42% · QQQY (Defiance Nasdaq 100 Weekly Dist) USD 21.03 -0.05% · IWMY (Defiance R2000 Weekly Distribut) USD 16.54 +0.06% · FBY (YieldMax META Option Income Str) USD 8.27 -1.08%

## More
Full page: https://nexqual.com/KLIP · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt