ZAPRvsKHPIETF Comparison
ETF 1
ZAPR
Innovator Equity Defined Protection ETF - 1 Yr April
This fund is part of
Options Strategies
-0.06%
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: Technology, Finance and Consumer Non-Cyclicals. ZAPR is less expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.96% for KHPI. ZAPR is up 4.14% year-to-date (YTD) with +$24M in YTD flows. KHPI performs better with 7.85% YTD performance, and +$152M 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.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
ZAPR vs KHPI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 08/06/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ZAPR KHPI | +0.56%+1.91% | +1.13%+3.69% | +4.14%+7.85% | +6.51%+12.89% | n/an/a | n/an/a |
| Flows | ZAPR KHPI | -$668K+$17M | -$19M+$49M | +$24M+$152M | +$21M+$254M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ZAPR KHPI | +1.86%+7.59% | +1.59%+6.99% | n/an/a | n/an/a |
| Max drawdown | ZAPR KHPI | -0.49%-2.78% | -0.49%-6.36% | n/an/a | n/an/a |
| Max drawdown duration | ZAPR KHPI | 24d37d | 24d50d | n/an/a | n/an/a |
Trading data
ZAPR | KHPI | |
Last sale 8/7/2026 at 4:06 PM | $26.91 | $26.25 |
| Previous close 08/06/2026 | $26.85 | $26.25 |
| Consolidated volume 08/06/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 8/7/2026 at 4:06 PM
Live
Closed
ZAPR | KHPI | |
|---|---|---|
| Last price | $26.91 | $26.25 |
| 1D performance | +0.24% | +0.00% |
| AuM | $64.44 M | $424.33 M |
| E/R | 0.79% | 0.96% |
Characteristics
ZAPR | KHPI | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Innovator | Kensington Asset Management |
| Benchmark | - | - |
| N° of holdings | 496 | 496 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 1, 2025 | September 3, 2024 |
| ESG | No | No |
Advertisement
Exposure
Countries
ZAPR
USA
105.05%
Other
-5.05%
KHPI
USA
95.65%
Other
4.35%
Sectors
ZAPR
Technology
49.43%
Finance
14.02%
Consumer Non-Cycl.
9.47%
Healthcare
9.36%
Industrials
8.58%
Other
9.14%
KHPI
Technology
45.01%
Finance
12.77%
Consumer Non-Cycl.
8.62%
Healthcare
8.52%
Industrials
7.81%
Other
17.26%
Advertisement
Diversification
ZAPR
Total weight of top 15 holdings out of 15
46.44%
KHPI
Total weight of top 15 holdings out of 15
42.29%
Top 15 holdings
Data as of June 30, 2026
ZAPR
NVIDIA Corp.
8.11%
Apple, Inc.
7.11%
Microsoft Corp.
4.64%
Amazon.com, Inc.
3.90%
Alphabet, Inc.
3.51%
Broadcom Inc.
2.99%
Alphabet, Inc.
2.79%
Micron Technology, Inc.
2.18%
Meta Platforms, Inc.
2.07%
Tesla, Inc.
1.98%
Eli Lilly & Co.
1.59%
Advanced Micro Devices, Inc.
1.58%
Berkshire Hathaway, Inc.
1.53%
JPMorgan Chase & Co.
1.36%
Intel Corp.
1.10%
KHPI
NVIDIA Corp.
7.38%
Apple, Inc.
6.47%
Microsoft Corp.
4.22%
Amazon.com, Inc.
3.55%
Alphabet, Inc.
3.19%
Broadcom Inc.
2.72%
Alphabet, Inc.
2.54%
Micron Technology, Inc.
1.98%
Meta Platforms, Inc.
1.88%
Tesla, Inc.
1.80%
Eli Lilly & Co.
1.45%
Advanced Micro Devices, Inc.
1.44%
Berkshire Hathaway, Inc.
1.40%
JPMorgan Chase & Co.
1.23%
Intel Corp.
1.01%
Frequently asked questions about ZAPR and KHPI
How have the ZAPR and KHPI ETFs performed in 2026?
As of August 6, 2026, ZAPR is up 4.14% year-to-date (YTD), while KHPI has returned 7.85%. 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 +$24M in flows, compared to +$152M for KHPI.
Which ETF is more volatile: ZAPR or KHPI?
Over the past year, ZAPR had a volatility of 1.59%, while KHPI experienced 6.99%.
Which ETF is bigger: ZAPR or KHPI?
As of August 6, 2026, ZAPR holds $64.44 M in assets under management (AUM), while KHPI manages $424.33 M.
What sectors do the ZAPR and KHPI ETFs invest in?
ZAPR leans toward sectors like Technology, Finance and Consumer Non-Cyclicals. Meanwhile, KHPI focuses on Technology, Finance and Consumer Non-Cyclicals.
What are the top holdings of the ZAPR ETF and KHPI ETF?
ZAPR top holdings include NVIDIA Corp., Apple, Inc. and Microsoft Corp.. KHPI holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..
Which ETF is more diversified: ZAPR or KHPI?
ZAPR holds 503 securities with 46.44% of its assets in the top 15. KHPI has 503 securities and a top 15 weight of 42.29%.
Advertisement
Advertisement
