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Data as of .

GIAX vs KLIP: which paid, and which earned it?

Over the year GIAX paid 23.4% of its price in cash against KLIP’s 19.5%, and returned more with it reinvested.

Nicholas Global Equity and Income ETF and KraneShares KWEB Covered Call Strategy ETF.

23.4%GIAX cash paid, 1 year
19.5%KLIP cash paid, 1 year
+15.4%GIAX total return, 1 year
−14.7%KLIP total return, 1 year

ETFIQ Return Stability Score: KLIP scores higher

Was the payout funded by returns, or by your own capital?

GIAX 38.7KLIP 55.53.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

GIAX2.1 pts behind ACWI · 1 year to Sep 18, 2026
ACWI+17.6%GIAX+15.4%23.4% as cash2.1 pts behind ACWITotal return, distributions reinvestedACWI+17.6%GIAX+15.4%2.1 pts behind ACWI
KLIP22.5 pts ahead of KWEB · 1 year to Sep 18, 2026
KWEB−37.3%KLIP−14.7%22.5 pts ahead of KWEBTotal return, distributions reinvestedKWEB−37.3%KLIP−14.7%22.5 pts ahead of KWEB

What they hold in common

By the books each fund has filed, GIAX and KLIP hold 0% of their money in the same securities at the same weight.

Only in each
Only in GIAXOnly in KLIP
Vanguard FTSE Developed Market 9.41%KraneShares CSI China Internet ETF 99.43%
Freedom 100 Emerging Markets E 8.58%Cash 2.18%
Vanguard Small-Cap ETF 7.23%2KWEB US 09/25/26 C26.66 -0.03%
Vanguard S&P 500 ETF 6.90%2KWEB US 10/02/26 C26.32 -0.15%
Vanguard Mid-Cap Growth ETF 5.67%2KWEB US 10/09/26 C26.05 -0.19%
Nebius Group NV 4.66%2KWEB US 10/23/26 C24.83 -0.54%
Alphabet Inc 4.59%2KWEB US 10/16/26 C24.6 -0.70%
Robinhood Markets Inc 4.29%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Sep 18, 2026.

Performance, window by window

GIAX and KLIP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
GIAXKLIPGIAXKLIPGIAXKLIP
3 months−5.1%+0.2%5.8%6.0%−6.1 pts+1.8 pts
6 months+25.3%−1.7%13.4%11.5%+7.9 pts+10.3 pts
1 year+15.4%−14.7%23.4%19.5%−2.1 pts+22.5 pts
3 yearsnot published+13.7%not published69.6%not published+13.0 pts
Since launch+34.6%+18.1%45.3%80.0%−11.8 pts+37.6 pts
Open the live comparison on ETFIQ
GIAX and KLIP on the same fields, as of Sep 18, 2026. Source: ETFIQ.
GIAX
Nicholas Global Equity and Income ETF
Option income on ACWI, paying weekly
KLIP
KraneShares KWEB Covered Call Strategy ETF
Covered call on KWEB, paying monthly
IssuerNicholasKraneShares
Strategyoption incomecovered call
BenchmarkAll-country world (ACWI)China internet (KWEB)
Paysweeklymonthly
Payout rate, annualized23.2%25.2%
Expense ratio1.03%0.94%
Cash paid, 1 year23.4%19.5%
Price change, 1 year−10.5%−32.5%
Total return, 1 year+15.4%−14.7%
Benchmark return, 1 year+17.6%−37.3%
Ahead or behind−2.1 pts+22.5 pts
Return of capital, latest estimatenot publishednot published
Age780 days1345 days
Net assets$86m$94m

GIAX in plain words

Over the year to Sep 18, 2026, GIAX paid 23.4% of its starting value in cash distributions while its price fell 10.5%. With every distribution reinvested, the fund returned +15.4%. All-country world (ACWI) returned +17.6% over the same days, so a holder was behind by 2.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 23.2%, paid weekly.

KLIP in plain words

Over the year to Sep 18, 2026, KLIP paid 19.5% of its starting value in cash distributions while its price fell 32.5%. With every distribution reinvested, the fund returned −14.7%. China internet (KWEB) returned −37.3% over the same days, so a holder was ahead by 22.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 25.2%, paid monthly.

Questions people ask

Which paid more, GIAX or KLIP?
Over the year to Sep 18, 2026, GIAX paid 23.4% of its starting price in cash and KLIP paid 19.5%, so GIAX paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, GIAX or KLIP?
With every distribution reinvested, GIAX returned +15.4% and KLIP returned −14.7% over the year to Sep 18, 2026, so GIAX returned more.
Which is cheaper, GIAX or KLIP?
GIAX charges 1.03% a year and KLIP charges 0.94%, so KLIP is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

GIAX against KLIP, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GIAX against KLIP, data as of Sep 18, 2026. https://etfiq.com/compare/income/giax-vs-klip Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources