KraneShares KWEB Covered Call Strategy ETF (KLIP)Derivative Income | Exchange Traded Fund | NYSEArca
23.40 USD
+0.21
(0.898%)
⇧
(Aug. 28, 2026, 3:59 p.m.
EDT)
After hours: 23.40 |
Hot Take ↕ | Aug. 22, 2026, 2:09 a.m. EDT
The most critical signal here is the structural deterioration of the underlying asset. The price has fallen nearly 38% over the last two years, with two consecutive years of negative returns. While the headline yield is massive at 15.7%, this is a classic 'yield trap' where the payout is driven entirely by a collapsing share price rather than robust cash generation. The recent price action shows the stock trading flat to slightly lower, failing to find support. Options flow confirms this bearish sentiment, with traders buying puts to hedge against further drops. Despite the attractive yield, the long-term outlook is weak because the business generating the income is clearly under severe stress, making this a poor investment for capital preservation or growth. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.057115 |
| MSTL | 0.057971 |
| AutoTheta | 0.064548 |
| AutoARIMA | 0.073432 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 49% |
| H-stat | 1.34 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.001 |
| Excess Kurtosis | 1.18 |
| Attribute | Value |
|---|---|
| Trailing P/E | 12.83 |
As of Aug. 22, 2026, 2:09 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put volume relative to open interest, specifically targeting downside protection near the $22 strike. This flow suggests a fear of further declines rather than a bullish breakout, while call activity remains negligible.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 2.02% | 26.57% | 35.78% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-28 | 0.473 | 2.021799 |
| 2026-07-30 | 0.491 | 2.035655 |
| 2026-06-29 | 0.459 | 2.028281 |
| 2026-05-28 | 0.508 | 2.073469 |
| 2026-04-29 | 0.525 | 2.041213 |
| 2026-03-30 | 0.515 | 2.046087 |
| 2026-02-26 | 0.584 | 2.082739 |
| 2026-01-29 | 0.635 | 2.035909 |
| 2025-12-30 | 0.619 | 2.028178 |
| 2025-11-26 | 0.635 | 2.051696 |
| 2025-10-30 | 0.668 | 2.056650 |
| 2025-09-29 | 0.669 | 2.033435 |
| 2025-08-28 | 0.660 | 2.039240 |
| 2025-07-30 | 0.653 | 2.050364 |
| 2025-06-27 | 0.644 | 2.027708 |
| 2025-05-29 | 0.636 | 2.033898 |
| 2025-04-29 | 0.622 | 2.027379 |
| 2025-03-28 | 0.683 | 2.075988 |
| 2025-02-27 | 0.671 | 2.053872 |
| 2025-01-30 | 0.666 | 2.032967 |
| 2024-12-30 | 0.669 | 2.064815 |
| 2024-11-27 | 1.665 | 5.124653 |
| 2024-10-30 | 1.833 | 5.336245 |
| 2024-09-27 | 1.185 | 3.206169 |
| 2024-08-29 | 1.137 | 3.137417 |
| 2024-07-30 | 1.206 | 3.234111 |
| 2024-06-27 | 1.380 | 3.549383 |
| 2024-05-30 | 1.524 | 3.595188 |
| 2024-04-26 | 1.581 | 3.619505 |
| 2024-03-26 | 1.836 | 4.220690 |
| 2024-02-27 | 1.851 | 4.205862 |
| 2024-01-29 | 1.719 | 3.916610 |
| 2023-12-27 | 1.875 | 3.968254 |
| 2023-11-28 | 2.031 | 4.056321 |
| 2023-10-27 | 2.091 | 4.214027 |
| 2023-09-27 | 2.241 | 4.370977 |
| 2023-08-29 | 2.502 | 4.641068 |
| 2023-07-27 | 2.496 | 4.446820 |
| 2023-06-28 | 2.505 | 4.462854 |
| 2023-05-26 | 2.586 | 4.619507 |
| 2023-05-25 | 2.589 | 4.497134 |
| 2023-04-26 | 3.099 | 5.235682 |
| 2023-03-29 | 3.294 | 5.174608 |
| 2023-02-24 | 3.480 | 5.426901 |
| 2023-01-27 | 1.680 | 2.261804 |
| Attribute | Value |
|---|---|
| All Time High | 75.9 |
| All Time Low | 12.08 |
| Ask | 23.42 |
| Ask Size | 400 |
| Average Daily Volume10 Day | 24,960 |
| Average Daily Volume3 Month | 36,485 |
| Average Volume | 36,485 |
| Average Volume10Days | 24,960 |
| Beta3 Year | 0.3 |
| Bid | 23.32 |
| Bid Size | 600 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 23.456 |
| Day Low | 23.3463 |
| Dividend Yield | 15.73 |
| Eps Trailing Twelve Months | 1.8237662 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 23.8741 |
| Fifty Day Average Change | -0.47909927 |
| Fifty Day Average Change Percent | -0.020067742 |
| Fifty Two Week Change Percent | -27.378761 |
| Fifty Two Week High | 33.56 |
| Fifty Two Week High Change | -10.165001 |
| Fifty Two Week High Change Percent | -0.30289036 |
| Fifty Two Week Low | 22.11 |
| Fifty Two Week Low Change | 1.2849998 |
| Fifty Two Week Low Change Percent | 0.05811849 |
| Fifty Two Week Range | 22.11 - 33.56 |
| First Trade Date Milliseconds | 1,673,533,800,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.208271 |
| Fullday Change Percent | 0.898234 |
| Fullday Price | 23.395 |
| Fund Family | KraneShares |
| Fund Inception Date | 1,673,395,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal circumstances, the fund invests at least 80% of its net assets in the component securities of the CSI Overseas China Internet Index or in instruments that have economic characteristics similar to those in the index and writes covered call options on the index or in instruments that have economic characteristics similar to writing covered call options on the index. Currently, the adviser intends to invest in KraneShares CSI China Internet ETF (“underlying fund”) and to write (sell) covered call options on the underlying fund. The fund is non-diversified. |
| Long Name | KraneShares KWEB Covered Call Strategy ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1814548257 |
| Nav Price | 23.76 |
| Net Assets | 101,352,952.0 |
| Net Expense Ratio | 0.94 |
| Open | 23.37 |
| Phone | 1-855-857-2638 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 23.395 |
| Post Market Time | 1,787,959,805 |
| Previous Close | 23.1867 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.208271 |
| Regular Market Change Percent | 0.898234 |
| Regular Market Day High | 23.456 |
| Regular Market Day Low | 23.3463 |
| Regular Market Day Range | 23.3463 - 23.456 |
| Regular Market Open | 23.37 |
| Regular Market Previous Close | 23.1867 |
| Regular Market Price | 23.395 |
| Regular Market Time | 1,787,947,186 |
| Regular Market Volume | 17,444 |
| Short Name | KRANESHARES KWEB COVERED CALL S |
| Source Interval | 15 |
| Symbol | KLIP |
| Three Year Average Return | 0.068352096 |
| Total Assets | 101,352,952 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 12.82785 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -1.17104 |
| Trailing Three Month Returns | -1.17104 |
| Triggerable | 1 |
| Two Hundred Day Average | 27.27432 |
| Two Hundred Day Average Change | -3.8793201 |
| Two Hundred Day Average Change Percent | -0.14223343 |
| Type Disp | ETF |
| Volume | 17,444 |
| Yield | 0.1573 |
| Ytd Return | -6.85385 |