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AAEQvsKSPYETF Comparison

ETF 1

AAEQ

Alpha Architect US Equity 2 ETF

This fund is part of

US All Cap

-0.24%

Full AAEQ fund page

VS

ETF 2

KSPY

KraneShares Hedgeye Hedged Equity Index ETF

This fund is part of

Options Strategies

-0.07%

Full KSPY fund page

Alpha Architect US Equity 2 ETF (AAEQ) belongs to the US All Cap segment. KraneShares Hedgeye Hedged Equity Index ETF (KSPY) is part of the Options Strategies segment. Both ETFs have the same top 3 sector exposures: Technology, Finance and Consumer Non-Cyclicals. AAEQ is less expensive with a Total Expense Ratio (TER) of 0.09%, versus 0.88% for KSPY. AAEQ is up 11.43% year-to-date (YTD) with -$14M in YTD flows. KSPY performs worse with 8.52% YTD performance, and +$60M in YTD flows. Run a side-by-side ETF comparison of AAEQ and KSPY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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AAEQ vs KSPY performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 08/05/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	AAEQ KSPY	+2.70%+1.36%	+6.36%+4.67%	+11.43%+8.52%	n/a+17.36%	n/an/a	n/an/a
Flows	AAEQ KSPY	-$2M+$15M	-$1M+$23M	-$14M+$60M	-+$96M	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	AAEQ KSPY	+13.87%+8.00%	n/a+7.71%	n/an/a	n/an/a
Max drawdown	AAEQ KSPY	-4.43%-2.25%	n/a-4.44%	n/an/a	n/an/a
Max drawdown duration	AAEQ KSPY	63d18d	n/a48d	n/an/a	n/an/a

Trading data

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	AAEQ	KSPY
Last sale 8/5/2026 at 2:21 PM	$55.37	$29.81
Previous close 08/05/2026	$55.08	$29.87
Consolidated volume 08/05/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of July 31, 2026

1-year trailing difference

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AAEQ

is actively managed and doesn’t replicate an index

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	AAEQ	KSPY
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 8/5/2026 at 2:21 PM

Live

Closed

	AAEQ	KSPY
Last price	$55.37	$29.81
1D performance	+0.53%	-0.20%
AuM	$511.83 M	$122.21 M
E/R	0.09%	0.88%

Characteristics

	AAEQ	KSPY
Management strategy	Active	Passive
Provider	Alpha Architect	KraneShares
Benchmark	-	Hedgeye Hedged Equity Index
N° of holdings	347	496
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	December 10, 2025	July 16, 2024
ESG	No	No

More AAEQ data on Trackinsight

More KSPY data on Trackinsight

Exposure

Countries

AAEQ

USA

97.82%

Other

2.18%

KSPY

USA

97.34%

Other

2.66%

Sectors

AAEQ

Technology

46.81%

Finance

12.65%

Consumer Non-Cycl.

9.37%

Healthcare

8.85%

Industrials

7.38%

Other

14.94%

KSPY

Technology

45.73%

Finance

13.14%

Consumer Non-Cycl.

8.76%

Healthcare

8.66%

Industrials

7.94%

Other

15.77%

Diversification

AAEQ

Total weight of top 15 holdings out of 15

45.97%

KSPY

Total weight of top 15 holdings out of 15

43.07%

Top 15 holdings

Data as of June 30, 2026

AAEQ

NVIDIA Corp.

7.58%

Apple, Inc.

7.23%

Microsoft Corp.

4.92%

Amazon.com, Inc.

3.98%

Alphabet, Inc.

3.43%

Broadcom Inc.

2.86%

Alphabet, Inc.

2.74%

Micron Technology, Inc.

2.14%

Meta Platforms, Inc.

2.08%

Tesla, Inc.

1.72%

Eli Lilly & Co.

1.68%

Berkshire Hathaway, Inc.

1.60%

JPMorgan Chase & Co.

1.49%

Advanced Micro Devices, Inc.

1.45%

Johnson & Johnson

1.07%

KSPY

NVIDIA Corp.

7.50%

Apple, Inc.

6.58%

Microsoft Corp.

4.29%

Amazon.com, Inc.

3.61%

Alphabet, Inc.

3.24%

Broadcom Inc.

2.77%

Alphabet, Inc.

2.58%

Micron Technology, Inc.

2.01%

Meta Platforms, Inc.

1.91%

Tesla, Inc.

1.83%

Eli Lilly & Co.

1.47%

Advanced Micro Devices, Inc.

1.47%

Berkshire Hathaway, Inc.

1.42%

JPMorgan Chase & Co.

1.36%

Intel Corp.

1.02%

Frequently asked questions about AAEQ and KSPY

How have the AAEQ and KSPY ETFs performed in 2026?

As of August 5, 2026, AAEQ is up 11.43% year-to-date (YTD), while KSPY has returned 8.52%. That puts AAEQ better performer ahead so far this year.

Which ETF is attracting more investor money: AAEQ or KSPY?

Year-to-date, the AAEQ ETF saw -$14M in flows, compared to +$60M for KSPY.

Which ETF is bigger: AAEQ or KSPY?

As of August 5, 2026, AAEQ holds $511.83 M in assets under management (AUM), while KSPY manages $122.21 M.

What sectors do the AAEQ and KSPY ETFs invest in?

AAEQ leans toward sectors like Technology, Finance and Consumer Non-Cyclicals. Meanwhile, KSPY focuses on Technology, Finance and Consumer Non-Cyclicals.

AAEQvsKSPYETF Comparison

Alpha Architect US Equity 2 ETF

KraneShares Hedgeye Hedged Equity Index ETF

AAEQ vs KSPY performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the AAEQ and KSPY ETFs performed in 2026?

As of August 5, 2026, AAEQ is up 11.43% year-to-date (YTD), while KSPY has returned 8.52%. That puts AAEQ better performer ahead so far this year.

Which ETF is attracting more investor money: AAEQ or KSPY?

Year-to-date, the AAEQ ETF saw -$14M in flows, compared to +$60M for KSPY.

Which ETF is bigger: AAEQ or KSPY?

As of August 5, 2026, AAEQ holds $511.83 M in assets under management (AUM), while KSPY manages $122.21 M.

What sectors do the AAEQ and KSPY ETFs invest in?

AAEQ leans toward sectors like Technology, Finance and Consumer Non-Cyclicals. Meanwhile, KSPY focuses on Technology, Finance and Consumer Non-Cyclicals.

What are the top holdings of the AAEQ ETF and KSPY ETF?

AAEQ top holdings include NVIDIA Corp., Apple, Inc. and Microsoft Corp.. KSPY holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..

Which ETF is more diversified: AAEQ or KSPY?

AAEQ holds 348 securities with 45.97% of its assets in the top 15. KSPY has 501 securities and a top 15 weight of 43.07%.

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