BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

KSPYvsUMARETF Comparison

ETF 1

KSPY

KraneShares Hedgeye Hedged Equity Index ETF

This fund is part of

Options Strategies

+0.4%

Full KSPY fund page

VS

ETF 2

UMAR

Innovator U.S. Equity Ultra Buffer ETF - March

This fund is part of

Options Strategies

+0.4%

Full UMAR fund page

KraneShares Hedgeye Hedged Equity Index ETF (KSPY) and Innovator U.S. Equity Ultra Buffer ETF - March (UMAR) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. KSPY is more expensive with a Total Expense Ratio (TER) of 0.88%, versus 0.79% for UMAR. KSPY is up 5.53% year-to-date (YTD) with +$38M in YTD flows. UMAR performs worse with 5.13% YTD performance, and +$75M in YTD flows. Run a side-by-side ETF comparison of KSPY and UMAR below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

KSPY vs UMAR performance and flow charts

Performance

Cumulative Flows

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

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 06/12/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	KSPY UMAR	+1.29%+0.40%	+5.00%+5.38%	+5.53%+5.13%	+17.79%+13.23%	n/a+41.53%	n/a+44.52%
Flows	KSPY UMAR	+$1M-$11M	+$10M+$62M	+$38M+$75M	+$74M-$12M	-+$92M	-+$115M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	KSPY UMAR	+8.28%+6.86%	+7.15%+5.00%	n/a+6.71%	n/a+6.93%
Max drawdown	KSPY UMAR	-3.38%-2.80%	-4.44%-3.74%	n/a-7.40%	n/a-8.87%
Max drawdown duration	KSPY UMAR	21d21d	48d40d	n/a73d	n/a483d

Trading data

Create an account to view trading data

Join for free

	KSPY	UMAR
Last sale 6/15/2026 at 1:30 PM	$29.33	$42.23
Previous close 06/12/2026	$28.97	$41.99
Consolidated volume 06/12/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 29, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

UMAR

is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free

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

Main metrics

Last update 6/15/2026 at 1:30 PM

Live

Closed

	KSPY	UMAR
Last price	$29.33	$42.23
1D performance	+1.24%	+0.58%
AuM	$97.13 M	$202.66 M
E/R	0.88%	0.79%

Characteristics

	KSPY	UMAR
Management strategy	Passive	Active
Provider	KraneShares	Innovator
Benchmark	Hedgeye Hedged Equity Index	-
N° of holdings	478	478
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	July 16, 2024	March 2, 2020
ESG	No	No

More KSPY data on Trackinsight

More UMAR data on Trackinsight

Exposure

Countries

KSPY

USA

97.22%

Other

2.78%

UMAR

USA

97.29%

Other

2.71%

Sectors

KSPY

Information Techn.

35.78%

Communication Ser.

11%

Consumer Discreti.

10.14%

Financials

9.92%

Health Care

8.39%

Industrials

8.1%

Other

16.67%

UMAR

Information Techn.

35.85%

Communication Ser.

11.03%

Consumer Discreti.

10.16%

Financials

9.8%

Health Care

8.41%

Industrials

8.12%

Other

16.63%

Diversification

KSPY

Total weight of top 15 holdings out of 15

44.01%

UMAR

Total weight of top 15 holdings out of 15

44.03%

Top 15 holdings

Data as of April 30, 2026

KSPY

NVIDIA

7.87%

APPLE

6.46%

MICROSOFT-T

4.91%

AMAZON.COM INC

4.20%

ALPHABET INC-CL

3.63%

BROADCOM LIMITED

3.21%

ALPHABET INC-CL

2.90%

META PLATFORMS

2.17%

TESLA

1.74%

BERKSHIRE HATHWAY

1.41%

JPMORGAN CHASE

1.37%

LILLY

1.20%

EXXON

1.05%

MICRON TECHNOLOGY

0.94%

WALMART INC

0.94%

UMAR

NVIDIA

7.89%

APPLE

6.48%

MICROSOFT-T

4.93%

AMAZON.COM INC

4.21%

ALPHABET INC-CL

3.64%

BROADCOM LIMITED

3.22%

ALPHABET INC-CL

2.91%

META PLATFORMS

2.18%

TESLA

1.75%

BERKSHIRE HATHWAY

1.41%

JPMORGAN CHASE

1.28%

LILLY

1.20%

EXXON

1.05%

MICRON TECHNOLOGY

0.95%

WALMART INC

0.94%

Frequently asked questions about KSPY and UMAR

How have the KSPY and UMAR ETFs performed in 2026?

As of June 12, 2026, KSPY is up 5.53% year-to-date (YTD), while UMAR has returned 5.13%. That puts KSPY better performer ahead so far this year.

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

Year-to-date, the KSPY ETF saw +$38M in flows, compared to +$75M for UMAR.

Which ETF is more volatile: KSPY or UMAR?

Over the past year, KSPY had a volatility of 7.15%, while UMAR experienced 5%.

Which ETF is bigger: KSPY or UMAR?

As of June 12, 2026, KSPY holds $97.13 M in assets under management (AUM), while UMAR manages $202.66 M.

What sectors do the KSPY and UMAR ETFs invest in?

KSPY leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, UMAR focuses on Information Technology, Communication Services and Consumer Discretionary.

KSPYvsUMARETF Comparison

KraneShares Hedgeye Hedged Equity Index ETF

Innovator U.S. Equity Ultra Buffer ETF - March

KSPY vs UMAR 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 UMAR ETFs performed in 2026?

As of June 12, 2026, KSPY is up 5.53% year-to-date (YTD), while UMAR has returned 5.13%. That puts KSPY better performer ahead so far this year.

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

Year-to-date, the KSPY ETF saw +$38M in flows, compared to +$75M for UMAR.

Which ETF is more volatile: KSPY or UMAR?

Over the past year, KSPY had a volatility of 7.15%, while UMAR experienced 5%.

Which ETF is bigger: KSPY or UMAR?

As of June 12, 2026, KSPY holds $97.13 M in assets under management (AUM), while UMAR manages $202.66 M.

What sectors do the KSPY and UMAR ETFs invest in?

KSPY leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, UMAR focuses on Information Technology, Communication Services and Consumer Discretionary.

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

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

Which ETF is more diversified: KSPY or UMAR?

KSPY holds 503 securities with 44.01% of its assets in the top 15. UMAR has 503 securities and a top 15 weight of 44.03%.

The ETF Industry Is Evolving Fast