ZAPRvsKHPIETF Comparison
ETF 1
ZAPR
Innovator Equity Defined Protection ETF - 1 Yr April
This fund is part of
Options Strategies
+0%
VS
Innovator Equity Defined Protection ETF - 1 Yr April (ZAPR) 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, Communication Services and Consumer Discretionary. ZAPR is less expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.96% for KHPI. ZAPR is up 3.19% year-to-date (YTD) with +$25M in YTD flows. KHPI performs better with 5.28% YTD performance, and +$137M in YTD flows. Run a side-by-side ETF comparison of ZAPR 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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ZAPR vs KHPI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 06/18/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ZAPR KHPI | +0.19%+1.62% | +2.30%+7.40% | +3.19%+5.28% | +6.95%+14.17% | n/an/a | n/an/a |
| Flows | ZAPR KHPI | -$14M+$24M | +$26M+$61M | +$25M+$137M | +$21M+$247M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ZAPR KHPI | +2.04%+9.32% | +1.54%+6.93% | n/an/a | n/an/a |
| Max drawdown | ZAPR KHPI | -0.49%-2.85% | -0.49%-6.36% | n/an/a | n/an/a |
| Max drawdown duration | ZAPR KHPI | 16d19d | 16d50d | n/an/a | n/an/a |
Trading data
ZAPR | KHPI | |
Last sale 6/18/2026 at 1:30 PM | $26.60 | $26.06 |
| Previous close 06/18/2026 | $26.59 | $25.93 |
| Consolidated volume 06/18/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 6/18/2026 at 1:30 PM
Live
Closed
ZAPR | KHPI | |
|---|---|---|
| Last price | $26.60 | $26.06 |
| 1D performance | +0.06% | +0.52% |
| AuM | $64.52 M | $404.84 M |
| E/R | 0.79% | 0.96% |
Characteristics
ZAPR | KHPI | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Innovator | Kensington Asset Management |
| Benchmark | - | - |
| N° of holdings | 478 | 478 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 1, 2025 | September 3, 2024 |
| ESG | No | No |
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Exposure
Countries
ZAPR
USA
103.24%
Other
-3.24%
KHPI
USA
96.7%
Other
3.3%
Sectors
ZAPR
Information Techn.
38.04%
Communication Ser.
11.71%
Consumer Discreti.
10.78%
Financials
10.39%
Health Care
8.93%
Industrials
8.62%
Other
11.53%
KHPI
Information Techn.
35.63%
Communication Ser.
10.97%
Consumer Discreti.
10.1%
Financials
9.74%
Health Care
8.36%
Industrials
8.07%
Other
17.13%
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Diversification
ZAPR
Total weight of top 15 holdings out of 15
46.73%
KHPI
Total weight of top 15 holdings out of 15
43.77%
Top 15 holdings
Data as of April 30, 2026
ZAPR
NVIDIA
8.37%
APPLE
6.88%
MICROSOFT-T
5.23%
AMAZON.COM INC
4.47%
ALPHABET INC-CL
3.87%
BROADCOM LIMITED
3.42%
ALPHABET INC-CL
3.08%
META PLATFORMS
2.31%
TESLA
1.85%
BERKSHIRE HATHWAY
1.50%
JPMORGAN CHASE
1.36%
LILLY
1.28%
EXXON
1.11%
MICRON TECHNOLOGY
1.00%
WALMART INC
1.00%
KHPI
NVIDIA
7.84%
APPLE
6.44%
MICROSOFT-T
4.90%
AMAZON.COM INC
4.19%
ALPHABET INC-CL
3.62%
BROADCOM LIMITED
3.20%
ALPHABET INC-CL
2.89%
META PLATFORMS
2.16%
TESLA
1.74%
BERKSHIRE HATHWAY
1.40%
JPMORGAN CHASE
1.28%
LILLY
1.20%
EXXON
1.04%
MICRON TECHNOLOGY
0.94%
WALMART INC
0.94%
Frequently asked questions about ZAPR and KHPI
How have the ZAPR and KHPI ETFs performed in 2026?
As of June 18, 2026, ZAPR is up 3.19% year-to-date (YTD), while KHPI has returned 5.28%. That puts KHPI better performer ahead so far this year.
Which ETF is attracting more investor money: ZAPR or KHPI?
Year-to-date, the ZAPR ETF saw +$25M in flows, compared to +$137M for KHPI.
Which ETF is more volatile: ZAPR or KHPI?
Over the past year, ZAPR had a volatility of 1.54%, while KHPI experienced 6.93%.
Which ETF is bigger: ZAPR or KHPI?
As of June 18, 2026, ZAPR holds $64.52 M in assets under management (AUM), while KHPI manages $404.84 M.
What sectors do the ZAPR and KHPI ETFs invest in?
ZAPR leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, KHPI focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the ZAPR ETF and KHPI ETF?
ZAPR top holdings include NVIDIA, APPLE and MICROSOFT-T. KHPI holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: ZAPR or KHPI?
ZAPR holds 503 securities with 46.73% of its assets in the top 15. KHPI has 503 securities and a top 15 weight of 43.77%.
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