KLIP vs. CWEB ETF Comparison
Comparison of KraneShares Trust KraneShares China Internet and Covered Call Strategy ETF (KLIP) to Direxion Daily CSI China Internet Index Bull 2X Shares (CWEB)
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
$11.27
Average Daily Volume
173,176
1
CWEB
Direxion Daily CSI China Internet Index Bull 2X Shares
CWEB Description
The Direxion Daily CSI China Internet Index Bull 2x Shares seeks daily investment results, before fees and expenses, of 200% of the performance of the CSI Overseas China Internet Index.Grade (RS Rating)
Last Trade
$34.88
Average Daily Volume
1,254,304
1
Performance
| Period | KLIP | CWEB |
|---|---|---|
| 30 Days | -1.71% | -13.38% |
| 60 Days | -5.84% | 21.84% |
| 90 Days | -3.63% | 24.00% |
| 12 Months | -8.38% | -0.10% |
1 Overlapping Holdings
| Symbol | Grade | Weight in KLIP | Weight in CWEB | Overlap | |
|---|---|---|---|---|---|
| KWEB | D | 95.94% | 51.49% | 51.49% |
KLIP Overweight 0 Positions Relative to CWEB
| Symbol | Grade | Weight |
|---|
KLIP Underweight 0 Positions Relative to CWEB
| Symbol | Grade | Weight |
|---|
KLIP: Top Represented Industries & Keywords
CWEB: Top Represented Industries & Keywords
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