KLIP vs. CHAU ETF Comparison
Comparison of KraneShares Trust KraneShares China Internet and Covered Call Strategy ETF (KLIP) to Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU)
KLIP
KraneShares Trust KraneShares China Internet and Covered Call Strategy ETF
KLIP Description
The fund invests 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.
Grade (RS Rating)
Last Trade
$11.33
Average Daily Volume
173,173
1
CHAU
Direxion Daily CSI 300 China A Share Bull 2X Shares
CHAU Description
The investment seeks daily investment results, before fees and expenses, of 200% of the performance of the CSI 300 Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in financial instruments that provide leveraged and unleveraged exposure to the CSI 300 Index ("index"). The index is a modified free-float market capitalization weighted index comprised of the largest and most liquid stocks in the Chinese A-share market.Grade (RS Rating)
Last Trade
$15.79
Average Daily Volume
2,290,150
1
Performance
Period | KLIP | CHAU |
---|---|---|
30 Days | 0.25% | -2.84% |
60 Days | -5.01% | 30.51% |
90 Days | -2.51% | 26.37% |
12 Months | -7.41% | 5.03% |
0 Overlapping Holdings
Symbol | Grade | Weight in KLIP | Weight in CHAU | Overlap |
---|
KLIP Overweight 1 Positions Relative to CHAU
Symbol | Grade | Weight | |
---|---|---|---|
KWEB | D | 95.94% |
KLIP Underweight 1 Positions Relative to CHAU
Symbol | Grade | Weight | |
---|---|---|---|
ASHR | C | -48.15% |
KLIP: Top Represented Industries & Keywords
CHAU: Top Represented Industries & Keywords