# KraneShares KWEB Covered Call Strategy ETF (KLIP) — Overview

KLIP · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/klip

## Price

Last close $22.04 on Oct 15, 2026. 52-week range $21.50 – $33.43.

## Fund profile

KLIP follows a "covered call" or "buy-write" strategy.

| Metric | Value |
| --- | --- |
| Issuer | Krane Funds Advisors, LLC |
| Industry | Theme |
| Inception | Jan 11, 2023 |
| Assets under management | $90.6M |
| Expense ratio | 0.94% |
| Net asset value | $22.05 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is KraneShares KWEB Covered Call Strategy ETF (KLIP)?

KLIP follows a "covered call" or "buy-write" strategy.

### What is KLIP's expense ratio?

KraneShares KWEB Covered Call Strategy ETF charges an annual expense ratio of 0.94%. The fund is issued by Krane Funds Advisors, LLC.

### How large is KLIP?

KraneShares KWEB Covered Call Strategy ETF manages $90.6M in assets and has traded since Jan 11, 2023.

### How do I buy shares of KraneShares KWEB Covered Call Strategy ETF (KLIP)?

KLIP trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).