MGF vs KLIP

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

MGF vs KLIP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

MGF

$99M

KLIP

$99M

Expense Ratio

MGF

N/A

KLIP

0.95%

Max Drawdown

Winner

MGF

64.96%

KLIP

70.24%

Sharpe Ratio

Winner

MGF

-0.24

KLIP

-0.51

5Y Beta

Winner

MGF

0.06

KLIP

0.59

5Y Dividends CAGR

MGF

-7.73%

KLIP

N/A

MGF vs KLIP - Historical Returns

Returns include dividend reinvestment.

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

MGF

+0.35%

Winner

KLIP

+4.48%

Winner

MGF

-0.77%

KLIP

-3.11%

Winner

MGF

-2.53%

KLIP

-12.34%

Winner

MGF

-0.14%

KLIP

-5.77%

5Y(CAGR)

MGF

-1.14%

KLIP

N/A

10Y(CAGR)

MGF

+1.33%

KLIP

N/A

Max(CAGR)

MGF

+4.18%

Winner

KLIP

+5.85%

MGF vs KLIP - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

MGF vs KLIP Drawdown Comparison

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

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

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

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

Correlation

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

0.85

-101

Dividend Comparison (2000 - 2026)

MGF vs KLIP dividend yield comparison.

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