---
ticker: "KLIP"
name: "KraneShares KWEB Covered Call Strategy ETF"
url: "https://etf.net/etf/KLIP"
grade: "D"
score: 34
graded_at: "2026-10-12"
category: "Index Option Income"
category_rank: "20 of 25"
methodology: "https://etf.net/methodology"
---

# KLIP: KraneShares KWEB Covered Call Strategy ETF

Grade **D**, Score 34 of 100. Rank 20 of 25 in Index Option Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 33 | 17 of 25 |
| Mission | 70 | 4 of 5 |
| Risk | 24 | 23 of 25 |
| Tradability | 40 | 18 of 25 |
| Holdings | 34 | 17 of 19 |
| Durability | 52 | 15 of 25 |

## Top holdings

The fund holds 2 positions. These are the largest 2, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | KWEB | KraneShares CSI China Internet ETF | 100.59% |
| 2 | — | Cash | 1.08% |

Source: etf.net, https://etf.net/etf/KLIP. Please cite the page URL.