# KLIP ETF returns, drawdowns and dividends

> KLIP (KraneShares KWEB Covered Call Strategy ETF): 1-year total return -19.63%, price return -35.68%, max drawdown 36.49%, trailing yield 28.74%. Daily data through Oct. 26, 2026.

Source: https://findetfstock.com/etf/klip/ · Prices through: 2026-10-26 · Data: Yahoo Finance daily closes and ex-dividend amounts

KraneShares KWEB Covered Call Strategy ETF (option income ETF). Total assets: $91M, average daily dollar volume $663K (3 months), as of 2026-10-26 (Yahoo Finance; fund net assets, all share classes).

KLIP lost 19.63% over the past year with dividends reinvested (-35.68% on price alone), based on closing prices through Oct. 26, 2026. Over the last 3.8 years (since Jan. 12, 2023) it gained 17.60% with dividends reinvested, or +4.37% a year. Its largest fall from a peak over the past year was 36.49%, and it closed 71.98% below its highest close since Jan. 12, 2023 ($75.90 on Jan. 26, 2023). It pays dividends monthly: $6.11 per share over the last 12 months, a trailing yield of 28.74%. 

## Returns by period

| Period | Since | Total return | Price return |
|---|---|---|---|
| 1 month | 2026-09-25 | -5.05% | -5.05% |
| 3 months | 2026-07-24 | -8.35% | -11.96% |
| 6 months | 2026-04-24 | -11.64% | -20.13% |
| Year to date | 2025-12-31 | -16.63% | -29.10% |
| 1 year | 2025-10-24 | -19.63% | -35.68% |
| 3 years | 2023-10-26 | +8.52% (+2.76%/yr) | -58.78% (-25.57%/yr) |
| Since first close | 2023-01-12 | +17.60% (+4.37%/yr) | -71.27% (-28.06%/yr) |

Total return reinvests every dividend at the ex-dividend date close. Price return excludes dividends.

## Did the payouts keep up with the price?

Over the past year KLIP paid out 18.48% of its starting price in distributions, while its price changed -35.68%. Reinvesting every payment gave a total return of -19.63%. The distributions did not make up for the fall in price, so a holder ended the year with less than they started with, even counting every payment.

## Calendar-year returns

| Year | Total return | Price return |
|---|---|---|
| 2026 (year to date) | -16.63% | -29.10% |
| 2025 | +18.02% | -7.41% |
| 2024 | +3.42% | -33.62% |

## Drawdowns

| Measure | Value |
|---|---|
| Max drawdown, 1 year | 36.49% |
| Max drawdown, 3 years | 59.42% |
| Max drawdown, 5 years | 72.03% |
| Highest close since 2023-01-12 | $75.90 on 2023-01-26 (-71.98% from there) |
| 52-week closing range | $21.23 to $33.43 |

Deepest fall in the stored history: 72.03%, from 2023-01-26 to 2026-10-23, not yet recovered.

## Dividends

Trailing 12 months: $6.11 per share in 11 payments, yield 28.74%. Last ex-dividend date: 2026-08-28 ($0.47).

| Year | Dividends per share | Payments |
|---|---|---|
| 2026 (so far) | $4.19 | 8 |
| 2025 | $7.83 | 12 |
| 2024 | $17.59 | 12 |

Historical data for research and education, not investment advice. Methodology: https://findetfstock.com/methodology/