KLIP vs QYLD
KraneShares KWEB Covered Call Strategy ETF against Global X NASDAQ 100 Covered Call ETF. Headline yields tell you almost nothing here — below is what each fund actually distributed, what happened to the share price, and the total return that combination produced.
Over the last 12 months QYLD delivered a total return of +22.2% versus -7.3% for KLIP — that is price change plus every distribution actually paid. KLIP advertises a higher headline yield, but headline yield is not what landed in your account.
Prices and 1-year performance as of Sep 3, 2026; distributions through Aug 28, 2026.
- Distributions received (12mo)
- +21.1%
- Share price change
- -28.4%
- Total return
- -7.3%
$6.78 paid per share across 12 distributions.
- Distributions received (12mo)
- +12.7%
- Share price change
- +9.5%
- Total return
- +22.2%
$2.12 paid per share across 12 distributions.
Side by side
| Metric | KLIP | QYLD |
|---|---|---|
| 1-year total return | -7.3% | +22.2%win |
| Headline distribution yield | 29.52%higher | 11.70% |
| Paid per share (12mo) | $6.78higher | $2.12 |
| Share price change (1y) | -28.4% | +9.5%better |
| Payout trend (last 3 vs prior 3) | -8.1% | +3.2%better |
| Expense ratio | 0.94% | 0.60%cheaper |
| Distribution frequency | Monthly | Monthly |
| Payouts in last 12mo | 12 | 12 |
| Fund size | $101M | $8.1Bbigger |
| Share price | $22.97 | $18.33 |
| Next ex-distribution | Sep 28, 2026 | Sep 24, 2026 |
| Last distribution | $0.47 · Aug 28, 2026 | $0.18 · Aug 24, 2026 |
| Fund family | KraneShares | Global X |
Distribution history
Last 12 declared payouts per share. Shrinking bars mean the option premium isn't holding up.
- •You want a more moderate 29.52% option-income stream without giving up most of the underlying growth.
- •You are comfortable with a negative 12-month total return (-7.3%) in exchange for the income stream.
- •You prefer a lower 0.94% annual fee.
- •Monthly distributions fit how you draw income.
- •Fund size of $101M matters to you for liquidity.
- •You want a more moderate 11.70% option-income stream without giving up most of the underlying growth.
- •Its last 12 months were net positive (+22.2%) after distributions.
- •You prefer a lower 0.60% annual fee.
- •Monthly distributions fit how you draw income.
- •Fund size of $8.1B matters to you for liquidity.
Other comparisons
Next step
Frequently asked
Is KLIP or QYLD the better investment?
Measured on 12-month total return — share-price change plus every distribution paid — QYLD came out ahead: +22.2% versus -7.3%. Past total return is not a forecast, but it is a far better guide than headline yield.
What is the yield of KLIP vs QYLD?
KLIP currently shows a distribution yield of 29.52% and QYLD shows 11.70%. Over the trailing 12 months KLIP actually paid $6.78 per share and QYLD paid $2.12 per share.
Does KLIP lose value over time?
KLIP's share price changed -28.4% over the last 12 months. That decline means part of the distribution was funded from capital rather than option premium.
Which fund charges more, KLIP or QYLD?
KLIP charges 0.94% a year and QYLD charges 0.60%. Fees come straight out of the option premium that funds your distribution.
How often do KLIP and QYLD pay?
KLIP pays monthly (12 distributions in the last 12 months) and QYLD pays monthly (12 distributions). Paying more often does not increase total return — it just splits the same amount into smaller cheques.
Disclaimer: The information provided on this website/service is for informational purposes only and does not constitute financial, investment, or legal advice. Investing in stocks involves high risk, including the loss of principal. We are not responsible for any financial losses or damages resulting from your reliance on this data. Always consult with a qualified financial professional before making investment decisions.
Trademark Notice: Twylight Crow's Dividend Tracker (formerly indexed as DiviDrip) is an independent portfolio utility. This tool is not affiliated with, authorized, endorsed by, or in any way officially connected to Dividrip.com or its international affiliates.