KLIP vs DDFN

Comparison between KRANESHARES KWEB COVERED CALL STRATEGY ETF (KLIP, ETF) and Innovator Equity Dual Directional 15 Buffer ETF November (DDFN, ETF).

KLIP vs DDFN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KLIP(ETF)	DDFN(ETF)
Net Assets	$112M	$112M
Expense Ratio	0.95%	0.79%
Max Drawdown	68.00%	3.40%
Sharpe Ratio	-0.36	0.79
5Y Beta	0.60	0.37

Net Assets

KLIP

$112M

Winner

DDFN

$112M

Expense Ratio

KLIP

0.95%

Winner

DDFN

0.79%

Max Drawdown

KLIP

68.00%

Winner

DDFN

3.40%

Sharpe Ratio

KLIP

-0.36

Winner

DDFN

0.79

5Y Beta

KLIP

0.60

Winner

DDFN

0.37

KLIP vs DDFN - Historical Returns

Returns include dividend reinvestment.

Period	KLIP	DDFN
1 month	-4.39%	+0.55%
3 months	-2.59%	+4.52%
6 months	-11.08%	+4.61%
1 year	-2.74%	N/A
Max(CAGR)	+5.96%	+8.25%

KLIP

-4.39%

Winner

DDFN

+0.55%

KLIP

-2.59%

Winner

DDFN

+4.52%

KLIP

-11.08%

Winner

DDFN

+4.61%

KLIP

-2.74%

DDFN

N/A

Max(CAGR)

KLIP

+5.96%

Winner

DDFN

+8.25%

KLIP vs DDFN - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	KLIP	DDFN
2026	-11.57%	+4.00%
2025	+17.75%	+0.64%
2024	+5.42%	N/A
2023	+10.60%	N/A

KLIP vs DDFN Drawdown Comparison

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

The maximum drawdown for DDFN was -3.40%, occurring on Mar 30, 2026. Recovery took 43 trading sessions.

The current KLIP drawdown is -14.11%. The current DDFN drawdown is -0.42%.

Rank	KLIP	DDFN
#1	-18.58% Mar 17, 2025 - Jun 16, 2025	-3.40% Feb 9, 2026 - Apr 13, 2026
#2	-15.93% Jan 29, 2026 - Mar 30, 2026	-1.63% Nov 12, 2025 - Nov 26, 2025
#3	-10.26% Jan 27, 2023 - Jul 13, 2023	-1.19% Jun 2, 2026 - Jun 10, 2026
#4	-9.53% Dec 29, 2023 - Mar 13, 2024	-0.88% Jan 6, 2026 - Jan 27, 2026
#5	-9.27% May 16, 2024 - Feb 7, 2025	-0.74% Dec 11, 2025 - Dec 22, 2025
#6	-6.63% Oct 27, 2025 - Jan 28, 2026	-0.68% Nov 3, 2025 - Nov 12, 2025
#7	-6.24% Jul 31, 2023 - Sep 1, 2023	-0.62% Feb 3, 2026 - Feb 6, 2026
#8	-5.55% Oct 6, 2025 - Oct 27, 2025	-0.52% Dec 26, 2025 - Jan 6, 2026
#9	-4.58% Oct 11, 2023 - Nov 6, 2023	-0.31% Apr 17, 2026 - Apr 24, 2026
#10	-3.20% Dec 21, 2023 - Dec 29, 2023	-0.26% May 14, 2026 - May 20, 2026
#11	-3.19% Sep 1, 2023 - Oct 10, 2023	-0.25% Apr 24, 2026 - Apr 30, 2026
#12	-2.62% Nov 24, 2023 - Dec 21, 2023	-0.24% Dec 5, 2025 - Dec 10, 2025
#13	-2.43% Apr 11, 2024 - Apr 22, 2024	-0.21% Nov 28, 2025 - Dec 4, 2025
#14	-2.34% Jan 13, 2023 - Jan 23, 2023	-0.21% Jan 27, 2026 - Feb 2, 2026
#15	-2.13% Feb 21, 2025 - Mar 5, 2025	-0.20% Apr 15, 2026 - Apr 17, 2026

Correlation

Correlation between KLIP and DDFN is -0.55 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.55

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