{
 "ticker": "KLIP",
 "name": "KraneShares KWEB Covered Call Strategy ETF",
 "issuer": "KraneShares",
 "desk": "income",
 "url": "https://etfiq.com/funds/klip",
 "html": "https://etfiq.com/funds/klip",
 "markdown": "https://etfiq.com/funds/klip.md",
 "as_of": "2026-09-18",
 "verdict": "Over the year to Sep 18, 2026, KLIP paid 19.5% in cash and finished 22.5 points ahead of KWEB.",
 "key_facts": [
  {
   "key": "cash_paid_1_year_on_its_starting_price",
   "label": "Cash paid, 1 year, on its starting price",
   "value": "19.5%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "KLIP, cash paid, 1 year, on its starting price: 19.5%, as of Sep 18, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u221214.7%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "KLIP, total return, 1 year: \u221214.7%, as of Sep 18, 2026."
  },
  {
   "key": "against_kweb",
   "label": "Against KWEB",
   "value": "+22.5 pts",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "KLIP, against KWEB: +22.5 pts, as of Sep 18, 2026."
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "25.2%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "KLIP, latest payout, annualized: 25.2%, as of Sep 18, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$94m",
   "source": "issuer page, as of Sep 18, 2026",
   "as_of": "2026-09-18",
   "sentence": "KLIP, net assets: $94m (issuer page, as of Sep 18, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.94%",
   "source": "485BPOS XBRL, Jul 29, 2026",
   "as_of": "2026-09-18",
   "sentence": "KLIP, expense ratio: 0.94% (485BPOS XBRL, Jul 29, 2026)."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "covered call",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "China internet (KWEB)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "monthly",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$94m",
   "source": "issuer page, as of Sep 18, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "25.2%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.94%",
   "source": "485BPOS XBRL, Jul 29, 2026"
  },
  {
   "key": "cash_paid_last_12_months_over_today_s_price",
   "label": "Cash paid, last 12 months, over today\u2019s price",
   "value": "28.8%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jan 12, 2023",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Cash paid": "6.0%",
   "Price": "\u22125.7%",
   "Total return": "+0.2%",
   "KWEB": "\u22121.6%",
   "Ahead or behind": "+1.8 pts"
  },
  {
   "window": "6 months",
   "Cash paid": "11.5%",
   "Price": "\u221212.9%",
   "Total return": "\u22121.7%",
   "KWEB": "\u221212.0%",
   "Ahead or behind": "+10.3 pts"
  },
  {
   "window": "1 year",
   "Cash paid": "19.5%",
   "Price": "\u221232.5%",
   "Total return": "\u221214.7%",
   "KWEB": "\u221237.3%",
   "Ahead or behind": "+22.5 pts"
  },
  {
   "window": "3 years",
   "Cash paid": "69.6%",
   "Price": "\u221258.3%",
   "Total return": "+13.7%",
   "KWEB": "+0.7%",
   "Ahead or behind": "+13.0 pts"
  },
  {
   "window": "Since launch",
   "Cash paid": "80.0%",
   "Price": "\u221269.6%",
   "Total return": "+18.1%",
   "KWEB": "\u221219.5%",
   "Ahead or behind": "+37.6 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has KLIP paid over the last year?",
   "a": "Over the year to Sep 18, 2026, KLIP paid 19.5% of its starting price in cash distributions, while the price fell 32.5%."
  },
  {
   "q": "Is KLIP ahead of KWEB?",
   "a": "Over the year to Sep 18, 2026, with every distribution reinvested, KLIP returned \u221214.7% against \u221237.3% for China internet (KWEB), so a holder was ahead of it by 22.5 points."
  },
  {
   "q": "How often does KLIP pay, and how much?",
   "a": "KLIP pays monthly. The latest distribution annualizes to 25.2% at its price on Sep 18, 2026, which is not a promise; the next one can differ."
  },
  {
   "q": "What does KLIP cost?",
   "a": "The prospectus expense ratio is 0.94% a year."
  }
 ],
 "generated": "2026-09-21",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}