KSPYvsUMARETF Comparison
VS
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: Technology, Finance and Consumer Non-Cyclicals. KSPY is more expensive with a Total Expense Ratio (TER) of 0.88%, versus 0.79% for UMAR. KSPY is up 7.21% year-to-date (YTD) with +$60M in YTD flows. UMAR performs worse with 5.29% YTD performance, and +$64M 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
Historic performance and flows
Data as of 07/28/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | KSPY UMAR | +1.27%-0.19% | +4.32%+1.84% | +7.21%+5.29% | +15.77%+10.23% | n/a+38.34% | n/a+43.56% |
| Flows | KSPY UMAR | +$16M-$11M | +$23M-$22M | +$60M+$64M | +$96M-$24M | -+$82M | -+$107M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | KSPY UMAR | +7.35%+5.05% | +7.64%+5.07% | n/a+6.76% | n/a+6.96% |
| Max drawdown | KSPY UMAR | -2.25%-1.58% | -4.44%-3.74% | n/a-7.40% | n/a-8.87% |
| Max drawdown duration | KSPY UMAR | 18d27d | 48d40d | n/a73d | n/a483d |
Trading data
KSPY | UMAR | |
Last sale 7/30/2026 at 1:30 PM | $29.52 | $42.33 |
| Previous close 07/29/2026 | $29.24 | $42.11 |
| Consolidated volume 07/29/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of June 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
UMAR
is actively managed and doesn’t replicate an indexKSPY | UMAR | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 7/30/2026 at 1:30 PM
Live
Closed
KSPY | UMAR | |
|---|---|---|
| Last price | $29.52 | $42.33 |
| 1D performance | +0.97% | +0.53% |
| AuM | $120.76 M | $191.40 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 | 496 | 496 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | July 16, 2024 | March 2, 2020 |
| ESG | No | No |
Advertisement
Exposure
Countries
KSPY
USA
97.34%
Other
2.66%
UMAR
USA
98.39%
Other
1.61%
Sectors
KSPY
Technology
45.73%
Finance
13.14%
Consumer Non-Cycl.
8.76%
Healthcare
8.66%
Industrials
7.94%
Other
15.77%
UMAR
Technology
46.3%
Finance
13.13%
Consumer Non-Cycl.
8.87%
Healthcare
8.77%
Industrials
8.04%
Other
14.89%
Diversification
KSPY
Total weight of top 15 holdings out of 15
43.07%
UMAR
Total weight of top 15 holdings out of 15
43.5%
Top 15 holdings
Data as of June 30, 2026
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%
UMAR
NVIDIA Corp.
7.59%
Apple, Inc.
6.66%
Microsoft Corp.
4.34%
Amazon.com, Inc.
3.66%
Alphabet, Inc.
3.28%
Broadcom Inc.
2.80%
Alphabet, Inc.
2.62%
Micron Technology, Inc.
2.04%
Meta Platforms, Inc.
1.94%
Tesla, Inc.
1.86%
Eli Lilly & Co.
1.49%
Advanced Micro Devices, Inc.
1.48%
Berkshire Hathaway, Inc.
1.44%
JPMorgan Chase & Co.
1.27%
Intel Corp.
1.03%
Frequently asked questions about KSPY and UMAR
How have the KSPY and UMAR ETFs performed in 2026?
As of July 28, 2026, KSPY is up 7.21% year-to-date (YTD), while UMAR has returned 5.29%. 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 +$60M in flows, compared to +$64M for UMAR.
Which ETF is more volatile: KSPY or UMAR?
Over the past year, KSPY had a volatility of 7.64%, while UMAR experienced 5.07%.
Which ETF is bigger: KSPY or UMAR?
As of July 28, 2026, KSPY holds $120.76 M in assets under management (AUM), while UMAR manages $191.40 M.
What sectors do the KSPY and UMAR ETFs invest in?
KSPY leans toward sectors like Technology, Finance and Consumer Non-Cyclicals. Meanwhile, UMAR focuses on Technology, Finance and Consumer Non-Cyclicals.
What are the top holdings of the KSPY ETF and UMAR ETF?
KSPY top holdings include NVIDIA Corp., Apple, Inc. and Microsoft Corp.. UMAR holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..
Which ETF is more diversified: KSPY or UMAR?
KSPY holds 501 securities with 43.07% of its assets in the top 15. UMAR has 503 securities and a top 15 weight of 43.5%.
Advertisement
Advertisement
