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MVPLvsKSPYETF Comparison

ETF 1

MVPL

Miller Value Partners Leverage ETF

This fund is part of

Alternatives

+0.05%

Full MVPL fund page

VS

ETF 2

KSPY

KraneShares Hedgeye Hedged Equity Index ETF

This fund is part of

Options Strategies

-0.04%

Full KSPY fund page

Miller Value Partners Leverage ETF (MVPL) belongs to the Alternatives segment. KraneShares Hedgeye Hedged Equity Index ETF (KSPY) is part of the Options Strategies segment. Both ETFs have the same top 3 sector exposures: Information Technology, Financials and Communication Services. MVPL is more expensive with a Total Expense Ratio (TER) of 1.39%, versus 0.88% for KSPY. MVPL is up 8.28% year-to-date (YTD) with +$352K in YTD flows. KSPY performs worse with 2.77% YTD performance, and +$37M in YTD flows. Run a side-by-side ETF comparison of MVPL 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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MVPL 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 04/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	MVPL KSPY	+18.65%+3.14%	+4.50%+1.04%	+8.28%+2.77%	+51.73%+19.30%	n/an/a	n/an/a
Flows	MVPL KSPY	-+$6M	+$352K+$38M	+$352K+$37M	+$11M+$74M	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	MVPL KSPY	+22.80%+9.62%	+21.96%+7.16%	n/an/a	n/an/a
Max drawdown	MVPL KSPY	-12.22%-4.44%	-12.70%-4.44%	n/an/a	n/an/a
Max drawdown duration	MVPL KSPY	77d48d	168d48d	n/an/a	n/an/a

Trading data

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	MVPL	KSPY
Last sale 4/27/2026 at 1:30 PM	$39.23	$28.27
Previous close 04/27/2026	$39.13	$28.24
Consolidated volume 04/27/2026
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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MVPL

is actively managed and doesn’t replicate an index

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

Main metrics

Last update 4/27/2026 at 1:30 PM

Live

Closed

	MVPL	KSPY
Last price	$39.23	$28.27
1D performance	+0.24%	+0.10%
AuM	$22.73 M	$93.16 M
E/R	1.39%	0.88%

Characteristics

	MVPL	KSPY
Management strategy	Active	Passive
Provider	Miller Value Funds	KraneShares
Benchmark	-	Hedgeye Hedged Equity Index
N° of holdings	478	478
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	February 28, 2024	July 16, 2024
ESG	No	No

More MVPL data on Trackinsight

More KSPY data on Trackinsight

Exposure

Countries

MVPL

USA

96.4%

Other

3.6%

KSPY

USA

95.91%

Other

4.09%

Sectors

MVPL

Information Techn.

33.74%

Financials

10.33%

Communication Ser.

10.17%

Consumer Discreti.

9.96%

Health Care

9.27%

Industrials

8.28%

Other

18.25%

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%

Diversification

MVPL

Total weight of top 15 holdings out of 15

42.26%

KSPY

Total weight of top 15 holdings out of 15

42.05%

Top 15 holdings

Data as of March 31, 2026

MVPL

NVIDIA

7.53%

APPLE

6.62%

MICROSOFT-T

4.89%

AMAZON.COM INC

3.62%

ALPHABET INC-CL

2.98%

BROADCOM LIMITED

2.61%

ALPHABET INC-CL

2.39%

META PLATFORMS

2.22%

TESLA

1.86%

BERKSHIRE HATHWAY

1.56%

JPMORGAN CHASE

1.41%

LILLY

1.30%

EXXON

1.26%

JOHNSON&JOHNSON

1.05%

WALMART INC

0.97%

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%

Frequently asked questions about MVPL and KSPY

How have the MVPL and KSPY ETFs performed in 2026?

As of April 27, 2026, MVPL is up 8.28% year-to-date (YTD), while KSPY has returned 2.77%. That puts MVPL better performer ahead so far this year.

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

Year-to-date, the MVPL ETF saw +$352K in flows, compared to +$37M for KSPY.

Which ETF is more volatile: MVPL or KSPY?

Over the past year, MVPL had a volatility of 21.96%, while KSPY experienced 7.16%.

Which ETF is bigger: MVPL or KSPY?

As of April 27, 2026, MVPL holds $22.73 M in assets under management (AUM), while KSPY manages $93.16 M.

What sectors do the MVPL and KSPY ETFs invest in?

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

MVPLvsKSPYETF Comparison

Miller Value Partners Leverage ETF

KraneShares Hedgeye Hedged Equity Index ETF

MVPL 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 MVPL and KSPY ETFs performed in 2026?

As of April 27, 2026, MVPL is up 8.28% year-to-date (YTD), while KSPY has returned 2.77%. That puts MVPL better performer ahead so far this year.

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

Year-to-date, the MVPL ETF saw +$352K in flows, compared to +$37M for KSPY.

Which ETF is more volatile: MVPL or KSPY?

Over the past year, MVPL had a volatility of 21.96%, while KSPY experienced 7.16%.

Which ETF is bigger: MVPL or KSPY?

As of April 27, 2026, MVPL holds $22.73 M in assets under management (AUM), while KSPY manages $93.16 M.

What sectors do the MVPL and KSPY ETFs invest in?

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

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

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

Which ETF is more diversified: MVPL or KSPY?

MVPL holds 502 securities with 42.26% of its assets in the top 15. KSPY has 502 securities and a top 15 weight of 42.05%.

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