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KHPIvsSPYETF Comparison
Kensington Hedged Premium Income ETF (KHPI) belongs to the Options Strategies segment. SPDR S&P 500 ETF Trust (SPY) is part of the US Large Cap segment. KHPI's top 3 sector exposures are Information Technology, Communication Services and Consumer Discretionary. In contrast, SPY's top sector exposures are Information Technology, Communication Services and Financials. KHPI is more expensive with a Total Expense Ratio (TER) of 0.96%, versus 0.0945% for SPY. KHPI is down -0.98% year-to-date (YTD) with +$75M in YTD flows. SPY performs worse with -2.87% YTD performance, and -$23.66B in YTD flows. Run a side-by-side ETF comparison of KHPI and SPY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
KHPI vs SPY performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | KHPI SPY | -1.38%-2.86% | -1.03%-2.43% | -0.98%-2.87% | +12.77%+21.51% | n/a+78.83% | n/a+78.92% |
| Flows | KHPI SPY | +$29M-$7.47B | +$92M-$29.32B | +$75M-$23.66B | +$219M-$39.53B | -+$47.16B | -+$67.44B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | KHPI SPY | +5.86%+11.76% | +9.50%+18.17% | n/a+14.79% | n/a+16.81% |
| Max drawdown | KHPI SPY | -2.64%-4.79% | -6.95%-13.71% | n/a-18.74% | n/a-24.50% |
| Max drawdown duration | KHPI SPY | 16d45d | 45d45d | n/a126d | n/a708d |
KHPI | SPY | |
Last sale 3/13/2026 at 1:30 PM | $25.05 | $662.29 |
| Previous close 03/12/2026 | $25.16 | $666.06 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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KHPI | SPY | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
KHPI | SPY | |
|---|---|---|
| Last price | $25.05 | $662.29 |
| 1D performance | -0.44% | -0.57% |
| AuM | $329.16 M | $669.05 B |
| E/R | 0.96% | 0.0945% |
KHPI | SPY | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Kensington Asset Management | SPDR |
| Benchmark | - | S&P 500 Index |
| N° of holdings | 479 | 479 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 3, 2024 | January 22, 1993 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the KHPI and SPY ETFs performed in 2026?
As of March 13, 2026, KHPI is down -0.98% year-to-date (YTD), while SPY has lost -2.87%. That puts KHPI better performer ahead so far this year.
Which ETF is attracting more investor money: KHPI or SPY?
Year-to-date, the KHPI ETF saw +$75M in flows, compared to -$23.66B for SPY.
Which ETF is more volatile: KHPI or SPY?
Over the past year, KHPI had a volatility of 9.5%, while SPY experienced 18.17%.
Which ETF is bigger: KHPI or SPY?
As of March 13, 2026, KHPI holds $329.16 M in assets under management (AUM), while SPY manages $669.05 B.
What sectors do the KHPI and SPY ETFs invest in?
KHPI leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, SPY focuses on Information Technology, Communication Services and Financials.
What are the top holdings of the KHPI ETF and SPY ETF?
KHPI top holdings include NVIDIA, APPLE and MICROSOFT-T. SPY holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: KHPI or SPY?
KHPI holds 503 securities with 43.79% of its assets in the top 15. SPY has 502 securities and a top 15 weight of 44.02%.
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