DALI vs KLIP

Comparison between FIRST TRUST DORSEY WRIGHT DALI EQUITY ETF (DALI, ETF) and KRANESHARES KWEB COVERED CALL STRATEGY ETF (KLIP, ETF).

DALI vs KLIP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DALI(ETF)	KLIP(ETF)
Net Assets	$114M	$114M
Expense Ratio	0.91%	0.95%
Max Drawdown	36.06%	67.78%
Sharpe Ratio	0.74	-0.26
5Y Beta	1.12	0.61
5Y Dividends CAGR	-13.63%	N/A

Net Assets

Winner

DALI

$114M

KLIP

$114M

Expense Ratio

Winner

DALI

0.91%

KLIP

0.95%

Max Drawdown

Winner

DALI

36.06%

KLIP

67.78%

Sharpe Ratio

Winner

DALI

0.74

KLIP

-0.26

5Y Beta

DALI

1.12

Winner

KLIP

0.61

5Y Dividends CAGR

DALI

-13.63%

KLIP

N/A

DALI vs KLIP - Holdings Comparison

DALI and KLIP have 0 common holdings. Overlap is 0.00%

DALI's top 25 holdings weight is 99.97%. KLIP's top 25 holdings weight is 101.75%.

Rank	DALI	KLIP
#1	FIRST TRUST DEV MKTS EX-US ALPHADEX® ETF (FDT) - 18.18%	KRANESHARES CSI CHINA INTERNET ETF (KWEB) - 101.74%
#2	FIRST TRUST EMERGING MRKTS ALPHADEX® ETF (FEM) - 17.02%	STATE STREET INSTL US GOVT MMKT PREMIER (GVMXX) - 0.01%
#3	FIRST TRUST ASIAPAC EX-JPN ALPHADEX® ETF (FPA) - 14.87%	N/A
#4	FIRST TRUST EUROZONE ALPHADEX® ETF (FEUZ) - 12.78%	N/A
#5	FIRST TRUST GERMANY ALPHADEX® ETF (FGM) - 12.76%	N/A
#6	FIRST TRUST EUROPE ALPHADEX® ETF (FEP) - 12.66%	N/A
#7	FIRST TRUST CHINA ALPHADEX® ETF (FCA) - 11.70%	N/A
#8	N/A	N/A
#9	N/A	N/A
#10	N/A	N/A
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	7	2

DALI vs KLIP - Historical Returns

Returns include dividend reinvestment.

Period	DALI	KLIP
1 month	-3.32%	-4.27%
3 months	+4.29%	-1.62%
6 months	+3.41%	-11.87%
1 year	+16.47%	-2.76%
5 years(CAGR)	+4.49%	N/A
10 years(CAGR)	+5.92%	N/A
Max(CAGR)	+5.92%	+5.70%

Winner

DALI

-3.32%

KLIP

-4.27%

Winner

DALI

+4.29%

KLIP

-1.62%

Winner

DALI

+3.41%

KLIP

-11.87%

Winner

DALI

+16.47%

KLIP

-2.76%

5Y(CAGR)

DALI

+4.49%

KLIP

N/A

10Y(CAGR)

DALI

+5.92%

KLIP

N/A

Max(CAGR)

Winner

DALI

+5.92%

KLIP

+5.70%

DALI vs KLIP - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	DALI	KLIP
2026	+1.64%	-12.41%
2025	+11.89%	+17.75%
2024	+20.16%	+5.42%
2023	-7.34%	+10.60%
2022	-8.39%	N/A
2021	+24.04%	N/A
2020	+4.46%	N/A
2019	+25.32%	N/A
2018	-14.81%	N/A

DALI vs KLIP Drawdown Comparison

The maximum drawdown for DALI was -36.06%, occurring on Mar 23, 2020. Recovery took 224 trading sessions.

The maximum drawdown for KLIP was -18.58%, occurring on Apr 8, 2025. Recovery took 63 trading sessions.

The current DALI drawdown is -5.59%. The current KLIP drawdown is -14.93%.

Rank	DALI	KLIP
#1	-36.06% Feb 19, 2020 - Jan 7, 2021	-18.58% Mar 17, 2025 - Jun 16, 2025
#2	-26.27% Mar 8, 2022 - Oct 24, 2025	-15.93% Jan 29, 2026 - Mar 30, 2026
#3	-25.44% Aug 29, 2018 - Jan 9, 2020	-10.26% Jan 27, 2023 - Jul 13, 2023
#4	-15.21% Nov 16, 2021 - Mar 7, 2022	-9.53% Dec 29, 2023 - Mar 13, 2024
#5	-12.54% Jan 22, 2026 - May 6, 2026	-9.27% May 16, 2024 - Feb 7, 2025
#6	-8.60% Feb 12, 2021 - Apr 9, 2021	-6.63% Oct 27, 2025 - Jan 28, 2026
#7	-7.62% Oct 27, 2025 - Dec 10, 2025	-6.24% Jul 31, 2023 - Sep 1, 2023
#8	-6.70% Apr 27, 2021 - Jun 8, 2021	-5.55% Oct 6, 2025 - Oct 27, 2025
#9	-5.59% May 11, 2026 - Jun 5, 2026	-4.58% Oct 11, 2023 - Nov 6, 2023
#10	-5.56% Sep 3, 2021 - Oct 21, 2021	-3.20% Dec 21, 2023 - Dec 29, 2023
#11	-5.27% Jan 22, 2021 - Feb 5, 2021	-3.19% Sep 1, 2023 - Oct 10, 2023
#12	-5.14% Jun 20, 2018 - Aug 21, 2018	-2.62% Nov 24, 2023 - Dec 21, 2023
#13	-4.99% Jun 29, 2021 - Jul 29, 2021	-2.43% Apr 11, 2024 - Apr 22, 2024
#14	-3.86% Dec 11, 2025 - Dec 24, 2025	-2.34% Jan 13, 2023 - Jan 23, 2023
#15	-3.37% Aug 12, 2021 - Aug 25, 2021	-2.13% Feb 21, 2025 - Mar 5, 2025