{"schemaVersion":1,"ticker":"KLIP","asOf":"2026-10-30","desk":"income","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/klip/","methodology":"https://etfiq.com/methodology/","as_of":"2026-10-30","credit":"Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent","class":"mixed","license":"https://etfiq.com/license/","license_text":"Only the numbers in etfiq_fields are ETFIQ's, free to use with attribution: ETFIQ (etfiq.com). Every other number stays under its owner's terms: issuer_fields as the issuer published them, vendor_fields from an end-of-day data vendor.","fields_note":"Not yet classed field by field: only data ETFIQ computes is covered by its licence.","cite_as":"ETFIQ, Risk and return scorecard, KLIP against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/klip/"},"benchmark":{"ticker":"KWEB","name":"China internet (KWEB)","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"tax":{"estimate":{"label":"issuer's Rule 19a-1 estimate, latest distribution","returnOfCapital":100.0,"date":"2026-09-30","url":"https://kraneshares.com/resources/compliance/2026_09_30_klip_19a.notice.pdf"},"estimateWindow":{"label":"issuer's Rule 19a-1 estimates, weighted by amount","returnOfCapital":94.3,"from":"2025-11-28","to":"2026-09-30","notices":10,"distributions":12,"full":false}},"kind":"benchmark","a":"KLIP","b":"KWEB","window":{"from":"2023-01-20","to":"2026-10-30","firstReturn":"2023-01-27","weeklyReturns":197,"years":3.78,"short":false,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.04604186,"perWeek":0.0008854204,"days":946,"series":"13-week Treasury bill, coupon equivalent, average of daily yields","source":"U.S. Department of the Treasury, Daily Treasury Bill Rates","url":"https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_bill_rates"},"measures":{"total":{"a":0.11549242,"b":-0.2723725,"edge":"KLIP","lead":"KLIP"},"annualised":{"a":0.02926987,"b":-0.08050449,"edge":"KLIP","lead":"KLIP"},"price":{"a":-0.7239898,"b":-0.34748924,"edge":"KWEB","lead":"KWEB"},"volatility":{"a":0.1618502,"b":0.34447174,"edge":"KLIP","lead":"KLIP"},"downsideDeviation":{"a":0.12302766,"b":0.22461837,"edge":"KLIP","lead":"KLIP"},"maxDrawdown":{"a":-0.20143517,"b":-0.43466977,"edge":"KLIP","lead":"KLIP","aPeak":"2026-01-23","aTrough":"2026-10-30","bPeak":"2025-10-03","bTrough":"2026-10-30"},"excess":{"a":-0.00403228,"b":-0.07245389,"edge":"KLIP","lead":"KLIP"},"sharpe":{"a":-0.02491363,"b":-0.21033334,"edge":"KLIP","lead":"KLIP"},"sortino":{"a":-0.03277536,"b":-0.32256442,"edge":"KLIP","lead":"KLIP"},"calmar":{"a":0.14530667,"b":-0.1852084,"edge":"KLIP","lead":"KLIP"}},"relative":{"KLIP":{"on":"KWEB","beta":0.37510964,"r2":0.63737815,"alpha":0.02314588,"alphaT":0.46085949,"alphaLow":-0.07590469,"alphaHigh":0.12219644,"upsideCapture":0.25889681,"downsideCapture":0.62478045,"treynor":-0.01074959,"trackingError":0.23629359,"informationRatio":0.28956188,"upWeeks":88,"downWeeks":109,"treynorReference":-0.07245389,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"KWEB","lead":"KWEB"},"downsideCapture":{"edge":"KLIP","lead":"KLIP"},"treynor":{"edge":"KLIP","lead":"KLIP"},"informationRatio":{"edge":null,"lead":"KLIP","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"KLIP":{"kept":"2026-11-01","distributions":46,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":12,"agree":12},"vendor":{"weeks":197,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.11549242}},"KWEB":{"kept":"2026-11-01","distributions":4,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":12,"agree":12},"vendor":{"weeks":197,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":-0.2723725}}}}