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SPDFvsKSPYETF Comparison

ETF 1
SPDF

Defender Risk Adaptive 500 ETF

This fund is part of
Multi-Asset: Other
+0.3%
VS
ETF 2
KSPY

KraneShares Hedgeye Hedged Equity Index ETF

This fund is part of
Options Strategies
+0.4%

Defender Risk Adaptive 500 ETF (SPDF) belongs to the Multi-Asset: Other 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, Communication Services and Consumer Discretionary. SPDF is less expensive with a Total Expense Ratio (TER) of 0.69%, versus 0.88% for KSPY. Run a side-by-side ETF comparison of SPDF 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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SPDF vs KSPY performance and flow charts

Performance

-2.0-1.00.01.02.03.0%May 12May 19May 26Jun 2Jun 9

Cumulative Flows

0 M2 M4 M6 M8 M10 M12 MMay 12May 19May 26Jun 2Jun 9

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 06/12/2026
1M3MYTD1Y3Y5Y
Perf.
SPDF
KSPY
+0.40%+1.29%
n/a+5.00%
n/a+5.53%
n/a+17.79%
n/an/a
n/an/a
Flows
SPDF
KSPY
+$12M+$1M
-+$10M
-+$38M
-+$74M
--
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
SPDF
KSPY
n/a+8.28%
n/a+7.15%
n/an/a
n/an/a
Max drawdown
SPDF
KSPY
n/a-3.38%
n/a-4.44%
n/an/a
n/an/a
Max drawdown duration
SPDF
KSPY
n/a21d
n/a48d
n/an/a
n/an/a
Trading data

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SPDF
KSPY
Last sale
6/15/2026 at 1:30 PM
$27.67
$29.33
Previous close
06/12/2026
$27.14
$28.97
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

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SPDF
is actively managed and doesn’t replicate an index

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SPDF
KSPY
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 6/15/2026 at 1:30 PM
Live
Closed
SPDF
KSPY
Last price
$27.67
$29.33
1D performance
+1.97%
+1.24%
AuM$17.77 M$97.13 M
E/R0.69%0.88%
Characteristics
SPDF
KSPY
Management strategyActivePassive
ProviderTamarisk Capital ManagementKraneShares
Benchmark-Hedgeye Hedged Equity Index
N° of holdings478478
Asset class--
Trailing 12m distribution yield
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Inception dateApril 17, 2026July 16, 2024
ESGNoNo
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Exposure

Countries

SPDF
USA
96.67%
Other
3.33%
KSPY
USA
97.22%
Other
2.78%

Sectors

SPDF
Information Techn.
35.58%
Communication Ser.
10.94%
Consumer Discreti.
10.08%
Financials
9.86%
Health Care
8.35%
Industrials
8.05%
Other
17.13%
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%
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Diversification

SPDF

Total weight of top 15 holdings out of 15

43.76%
KSPY

Total weight of top 15 holdings out of 15

44.01%

Top 15 holdings

Data as of April 30, 2026
SPDF
NVIDIA
7.82%
APPLE
6.43%
MICROSOFT-T
4.89%
AMAZON.COM INC
4.18%
ALPHABET INC-CL
3.61%
BROADCOM LIMITED
3.19%
ALPHABET INC-CL
2.88%
META PLATFORMS
2.16%
TESLA
1.73%
BERKSHIRE HATHWAY
1.40%
JPMORGAN CHASE
1.36%
LILLY
1.19%
EXXON
1.04%
MICRON TECHNOLOGY
0.94%
WALMART INC
0.93%
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%
Frequently asked questions about SPDF and KSPY

Which ETF is bigger: SPDF or KSPY?

As of June 12, 2026, SPDF holds $17.77 M in assets under management (AUM), while KSPY manages $97.13 M.

What sectors do the SPDF and KSPY ETFs invest in?

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

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

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

Which ETF is more diversified: SPDF or KSPY?

SPDF holds 504 securities with 43.76% of its assets in the top 15. KSPY has 503 securities and a top 15 weight of 44.01%.

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