TSPYvsKHPIETF Comparison
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TappAlpha SPY Growth & Daily Income ETF (TSPY) and Kensington Hedged Premium Income ETF (KHPI) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Financials and Communication Services. TSPY is less expensive with a Total Expense Ratio (TER) of 0.77%, versus 0.96% for KHPI. TSPY is up 3.09% year-to-date (YTD) with +$93M in YTD flows. KHPI performs worse with 2.4% YTD performance, and +$97M in YTD flows. Run a side-by-side ETF comparison of TSPY and KHPI 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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TSPY vs KHPI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/28/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TSPY KHPI | +11.34%+7.53% | +0.88%+1.40% | +3.09%+2.40% | +30.77%+17.92% | n/an/a | n/an/a |
| Flows | TSPY KHPI | -$3M+$16M | +$47M+$67M | +$93M+$97M | +$234M+$235M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TSPY KHPI | +15.02%+9.14% | +12.40%+7.03% | n/an/a | n/an/a |
| Max drawdown | TSPY KHPI | -9.44%-6.36% | -9.44%-6.36% | n/an/a | n/an/a |
| Max drawdown duration | TSPY KHPI | 73d50d | 73d50d | n/an/a | n/an/a |
Trading data
TSPY | KHPI | |
Last sale 4/28/2026 at 1:30 PM | $25.07 | $25.72 |
| Previous close 04/28/2026 | $25.13 | $25.76 |
| Consolidated volume 04/28/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 4/28/2026 at 1:30 PM
Live
Closed
TSPY | KHPI | |
|---|---|---|
| Last price | $25.07 | $25.72 |
| 1D performance | -0.24% | -0.14% |
| AuM | $259.25 M | $360.71 M |
| E/R | 0.77% | 0.96% |
Characteristics
TSPY | KHPI | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | TappAlpha | Kensington Asset Management |
| Benchmark | - | - |
| N° of holdings | 478 | 478 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | August 14, 2024 | September 3, 2024 |
| ESG | No | No |
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Exposure
Countries
TSPY
USA
97.6%
Other
2.4%
KHPI
USA
95.48%
Other
4.52%
Sectors
TSPY
Information Techn.
34.16%
Financials
10.46%
Communication Ser.
10.3%
Consumer Discreti.
10.08%
Health Care
9.39%
Industrials
8.38%
Other
17.23%
KHPI
Information Techn.
33.46%
Financials
10.11%
Communication Ser.
10.1%
Consumer Discreti.
9.88%
Health Care
9.2%
Industrials
8.21%
Other
19.04%
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Diversification
TSPY
Total weight of top 15 holdings out of 15
42.79%
KHPI
Total weight of top 15 holdings out of 15
41.85%
Top 15 holdings
Data as of March 31, 2026
TSPY
NVIDIA
7.63%
APPLE
6.71%
MICROSOFT-T
4.95%
AMAZON.COM INC
3.66%
ALPHABET INC-CL
3.01%
BROADCOM LIMITED
2.64%
ALPHABET INC-CL
2.41%
META PLATFORMS
2.25%
TESLA
1.88%
BERKSHIRE HATHWAY
1.58%
JPMORGAN CHASE
1.43%
LILLY
1.31%
EXXON
1.28%
JOHNSON&JOHNSON
1.06%
WALMART INC
0.98%
KHPI
NVIDIA
7.48%
APPLE
6.57%
MICROSOFT-T
4.85%
AMAZON.COM INC
3.59%
ALPHABET INC-CL
2.95%
BROADCOM LIMITED
2.59%
ALPHABET INC-CL
2.37%
META PLATFORMS
2.21%
TESLA
1.84%
BERKSHIRE HATHWAY
1.55%
JPMORGAN CHASE
1.32%
LILLY
1.29%
EXXON
1.25%
JOHNSON&JOHNSON
1.04%
WALMART INC
0.96%
Frequently asked questions about TSPY and KHPI
How have the TSPY and KHPI ETFs performed in 2026?
As of April 28, 2026, TSPY is up 3.09% year-to-date (YTD), while KHPI has returned 2.4%. That puts TSPY better performer ahead so far this year.
Which ETF is attracting more investor money: TSPY or KHPI?
Year-to-date, the TSPY ETF saw +$93M in flows, compared to +$97M for KHPI.
Which ETF is more volatile: TSPY or KHPI?
Over the past year, TSPY had a volatility of 12.4%, while KHPI experienced 7.03%.
Which ETF is bigger: TSPY or KHPI?
As of April 28, 2026, TSPY holds $259.25 M in assets under management (AUM), while KHPI manages $360.71 M.
What sectors do the TSPY and KHPI ETFs invest in?
TSPY leans toward sectors like Information Technology, Financials and Communication Services. Meanwhile, KHPI focuses on Information Technology, Financials and Communication Services.
What are the top holdings of the TSPY ETF and KHPI ETF?
TSPY top holdings include NVIDIA, APPLE and MICROSOFT-T. KHPI holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: TSPY or KHPI?
TSPY holds 502 securities with 42.79% of its assets in the top 15. KHPI has 503 securities and a top 15 weight of 41.85%.
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