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KSPYvsSPYMETF Comparison

ETF 1

KSPY

KraneShares Hedgeye Hedged Equity Index ETF

This fund is part of

Options Strategies

-0.16%

Full KSPY fund page

VS

ETF 2

SPYM

State Street SPDR Portfolio S&P 500 ETF

This fund is part of

US Large Cap

-0.42%

Full SPYM fund page

KraneShares Hedgeye Hedged Equity Index ETF (KSPY) belongs to the Options Strategies segment. State Street SPDR Portfolio S&P 500 ETF (SPYM) is part of the US Large Cap segment. Both ETFs have the same top 3 sector exposures: Information Technology, Financials and Communication Services. KSPY is more expensive with a Total Expense Ratio (TER) of 0.88%, versus 0.02% for SPYM. KSPY is up 2.88% year-to-date (YTD) with +$37M in YTD flows. SPYM performs better with 4.66% YTD performance, and +$32.56B in YTD flows. Run a side-by-side ETF comparison of KSPY and SPYM 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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KSPY vs SPYM performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 04/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	KSPY SPYM	+5.02%+12.61%	+0.96%+2.60%	+2.88%+4.66%	+19.81%+30.69%	n/a+78.28%	n/a+83.26%
Flows	KSPY SPYM	+$11M+$8.06B	+$38M+$24.97B	+$37M+$32.56B	+$74M+$52.15B	-+$89.37B	-+$96.63B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	KSPY SPYM	+9.62%+15.26%	+7.14%+12.46%	n/a+14.91%	n/a+16.94%
Max drawdown	KSPY SPYM	-4.44%-8.88%	-4.44%-8.89%	n/a-18.74%	n/a-24.50%
Max drawdown duration	KSPY SPYM	48d75d	48d76d	n/a126d	n/a708d

Trading data

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	KSPY	SPYM
Last sale 4/28/2026 at 7:28 PM	$28.22
Previous close 04/28/2026	$28.27
Consolidated volume 04/28/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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

Main metrics

Last update 4/28/2026 at 7:28 PM

Live

Closed

	KSPY	SPYM
Last price	$28.22	–
1D performance	-0.19%	–
AuM	$93.26 M	$135.60 B
E/R	0.88%	0.02%

Characteristics

	KSPY	SPYM
Management strategy	Passive	Passive
Provider	KraneShares	State Street Investment Management
Benchmark	Hedgeye Hedged Equity Index	S&P 500 Index
N° of holdings	478	478
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	July 16, 2024	November 8, 2005
ESG	No	No

More KSPY data on Trackinsight

More SPYM data on Trackinsight

Exposure

Countries

KSPY

USA

95.91%

Other

4.09%

SPYM

USA

96.87%

Other

3.13%

Sectors

KSPY

Information Techn.

33.57%

Financials

10.28%

Communication Ser.

10.12%

Consumer Discreti.

9.91%

Health Care

9.22%

Industrials

8.24%

Other

18.66%

SPYM

Information Techn.

33.91%

Financials

10.38%

Communication Ser.

10.22%

Consumer Discreti.

10.01%

Health Care

9.32%

Industrials

8.32%

Other

17.84%

Diversification

KSPY

Total weight of top 15 holdings out of 15

42.05%

SPYM

Total weight of top 15 holdings out of 15

42.47%

Top 15 holdings

Data as of March 31, 2026

KSPY

NVIDIA

7.50%

APPLE

6.59%

MICROSOFT-T

4.86%

AMAZON.COM INC

3.60%

ALPHABET INC-CL

2.96%

BROADCOM LIMITED

2.60%

ALPHABET INC-CL

2.37%

META PLATFORMS

2.21%

TESLA

1.85%

BERKSHIRE HATHWAY

1.55%

JPMORGAN CHASE

1.40%

LILLY

1.29%

EXXON

1.25%

JOHNSON&JOHNSON

1.04%

WALMART INC

0.96%

SPYM

NVIDIA

7.57%

APPLE

6.66%

MICROSOFT-T

4.91%

AMAZON.COM INC

3.64%

ALPHABET INC-CL

2.99%

BROADCOM LIMITED

2.62%

ALPHABET INC-CL

2.40%

META PLATFORMS

2.24%

TESLA

1.87%

BERKSHIRE HATHWAY

1.57%

JPMORGAN CHASE

1.42%

LILLY

1.30%

EXXON

1.27%

JOHNSON&JOHNSON

1.05%

WALMART INC

0.97%

Frequently asked questions about KSPY and SPYM

How have the KSPY and SPYM ETFs performed in 2026?

As of April 27, 2026, KSPY is up 2.88% year-to-date (YTD), while SPYM has returned 4.66%. That puts SPYM better performer ahead so far this year.

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

Year-to-date, the KSPY ETF saw +$37M in flows, compared to +$32.56B for SPYM.

Which ETF is more volatile: KSPY or SPYM?

Over the past year, KSPY had a volatility of 7.14%, while SPYM experienced 12.46%.

Which ETF is bigger: KSPY or SPYM?

As of April 27, 2026, KSPY holds $93.26 M in assets under management (AUM), while SPYM manages $135.60 B.

What sectors do the KSPY and SPYM ETFs invest in?

KSPY leans toward sectors like Information Technology, Financials and Communication Services. Meanwhile, SPYM focuses on Information Technology, Financials and Communication Services.

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

KSPY top holdings include NVIDIA, APPLE and MICROSOFT-T. SPYM holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: KSPY or SPYM?

KSPY holds 502 securities with 42.05% of its assets in the top 15. SPYM has 503 securities and a top 15 weight of 42.47%.

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March 25, 2026

SPYM

KSPYvsSPYMETF Comparison

KraneShares Hedgeye Hedged Equity Index ETF

State Street SPDR Portfolio S&P 500 ETF

KSPY vs SPYM 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 KSPY and SPYM ETFs performed in 2026?

As of April 27, 2026, KSPY is up 2.88% year-to-date (YTD), while SPYM has returned 4.66%. That puts SPYM better performer ahead so far this year.

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

Year-to-date, the KSPY ETF saw +$37M in flows, compared to +$32.56B for SPYM.

Which ETF is more volatile: KSPY or SPYM?

Over the past year, KSPY had a volatility of 7.14%, while SPYM experienced 12.46%.

Which ETF is bigger: KSPY or SPYM?

As of April 27, 2026, KSPY holds $93.26 M in assets under management (AUM), while SPYM manages $135.60 B.

What sectors do the KSPY and SPYM ETFs invest in?

KSPY leans toward sectors like Information Technology, Financials and Communication Services. Meanwhile, SPYM focuses on Information Technology, Financials and Communication Services.

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

KSPY top holdings include NVIDIA, APPLE and MICROSOFT-T. SPYM holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: KSPY or SPYM?

KSPY holds 502 securities with 42.05% of its assets in the top 15. SPYM has 503 securities and a top 15 weight of 42.47%.

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