KLIP vs MGF

Comparison between KRANESHARES KWEB COVERED CALL STRATEGY ETF (KLIP, ETF) and MFS Government Markets Income Trust (MGF, ETF).

KLIP vs MGF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KLIP(ETF)	MGF(ETF)
Net Assets	$99M	$99M
Expense Ratio	0.95%	N/A
Max Drawdown	70.24%	64.96%
Sharpe Ratio	-0.51	-0.24
5Y Beta	0.59	0.06
5Y Dividends CAGR	N/A	-7.73%

Net Assets

KLIP

$99M

Winner

MGF

$99M

Expense Ratio

KLIP

0.95%

MGF

N/A

Max Drawdown

KLIP

70.24%

Winner

MGF

64.96%

Sharpe Ratio

KLIP

-0.51

Winner

MGF

-0.24

5Y Beta

KLIP

0.59

Winner

MGF

0.06

5Y Dividends CAGR

KLIP

N/A

MGF

-7.73%

KLIP vs MGF - Historical Returns

Returns include dividend reinvestment.

Period	KLIP	MGF
1 month	+4.48%	+0.35%
3 months	-3.11%	-0.77%
6 months	-12.34%	-2.53%
1 year	-5.77%	-0.14%
5 years(CAGR)	N/A	-1.14%
10 years(CAGR)	N/A	+1.33%
Max(CAGR)	+5.85%	+4.18%

Winner

KLIP

+4.48%

MGF

+0.35%

KLIP

-3.11%

Winner

MGF

-0.77%

KLIP

-12.34%

Winner

MGF

-2.53%

KLIP

-5.77%

Winner

MGF

-0.14%

5Y(CAGR)

KLIP

N/A

MGF

-1.14%

10Y(CAGR)

KLIP

N/A

MGF

+1.33%

Max(CAGR)

Winner

KLIP

+5.85%

MGF

+4.18%

KLIP vs MGF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	KLIP	MGF
2026	-11.34%	-1.59%
2025	+17.75%	+5.18%
2024	+5.42%	+4.18%
2023	+10.60%	+3.78%
2022	N/A	-15.17%
2021	N/A	+0.65%
2020	N/A	+7.32%
2019	N/A	+9.81%
2018	N/A	-0.14%
2017	N/A	+3.45%
2016	N/A	+2.52%
2015	N/A	-0.31%
2014	N/A	+6.04%
2013	N/A	-10.52%
2012	N/A	+5.17%
2011	N/A	+10.17%
2010	N/A	-0.19%
2009	N/A	+0.72%
2008	N/A	+26.75%
2007	N/A	+9.08%
2006	N/A	+6.49%
2005	N/A	+2.69%
2004	N/A	+3.30%
2003	N/A	+2.74%
2002	N/A	+15.23%
2001	N/A	+6.43%
2000	N/A	+17.98%
1999	N/A	-4.21%

KLIP vs MGF Drawdown Comparison

The maximum drawdown for KLIP was -21.42%, occurring on Jun 25, 2026. This drawdown has not yet recovered.

The maximum drawdown for MGF was -22.85%, occurring on Oct 24, 2022. This drawdown has not yet recovered.

The current KLIP drawdown is -13.89%. The current MGF drawdown is -6.49%.

Rank	KLIP	MGF
#1	-21.42% Jan 29, 2026 - Jun 25, 2026	-22.85% Sep 17, 2021 - Oct 24, 2022
#2	-18.58% Mar 17, 2025 - Jun 16, 2025	-21.63% Sep 8, 2008 - Nov 28, 2008
#3	-10.26% Jan 27, 2023 - Jul 13, 2023	-19.20% Sep 5, 2012 - Aug 18, 2016
#4	-9.53% Dec 29, 2023 - Mar 13, 2024	-15.76% Dec 23, 2008 - Aug 21, 2009
#5	-9.27% May 16, 2024 - Feb 7, 2025	-15.30% Aug 23, 2010 - Jan 13, 2012
#6	-6.63% Oct 27, 2025 - Jan 28, 2026	-9.35% Mar 9, 2020 - Apr 13, 2020
#7	-6.24% Jul 31, 2023 - Sep 1, 2023	-9.12% Sep 23, 2009 - Mar 10, 2010
#8	-5.55% Oct 6, 2025 - Oct 27, 2025	-8.88% Mar 19, 2004 - Jan 18, 2005
#9	-4.58% Oct 11, 2023 - Nov 6, 2023	-8.02% May 27, 2008 - Sep 8, 2008
#10	-3.20% Dec 21, 2023 - Dec 29, 2023	-7.46% Mar 16, 2010 - Jun 7, 2010
#11	-3.19% Sep 1, 2023 - Oct 10, 2023	-7.25% May 23, 2003 - Feb 12, 2004
#12	-2.62% Nov 24, 2023 - Dec 21, 2023	-6.95% Aug 18, 2016 - Jan 31, 2019
#13	-2.43% Apr 11, 2024 - Apr 22, 2024	-6.19% Nov 14, 2007 - Jan 15, 2008
#14	-2.34% Jan 13, 2023 - Jan 23, 2023	-6.19% Nov 3, 1999 - Apr 10, 2000
#15	-2.13% Feb 21, 2025 - Mar 5, 2025	-6.15% Nov 2, 2001 - Feb 11, 2002

Correlation

Correlation between KLIP and MGF is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85

-101

Dividend Comparison (2000 - 2026)

KLIP vs MGF dividend yield comparison.

Year	KLIP	MGF
2026	13.30%	3.96%
2025	25.14%	7.65%
2024	54.26%	7.80%
2023	61.22%	7.82%
2022	0.00%	8.44%
2021	0.00%	7.71%
2020	0.00%	7.58%
2019	0.00%	7.50%
2018	0.00%	7.81%
2017	0.00%	7.92%
2016	0.00%	8.10%
2015	0.00%	8.05%
2014	0.00%	7.85%
2013	0.00%	8.24%
2012	0.00%	7.37%
2011	0.00%	7.33%
2010	0.00%	7.69%
2009	0.00%	6.96%
2008	0.00%	6.57%
2007	0.00%	5.92%
2006	0.00%	5.43%
2005	0.00%	5.00%
2004	0.00%	4.86%
2003	0.00%	5.25%
2002	0.00%	6.10%
2001	0.00%	6.50%
2000	0.00%	3.05%