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Data as of .

APRH vs KHPI: which paid, and which earned it?

Over the year KHPI paid 9.1% of its price in cash against APRH’s 5.9%, and returned more with it reinvested.

Innovator Premium Income 20 Barrier ETF -- April and Kensington Hedged Premium Income ETF.

5.9%APRH cash paid, 1 year
9.1%KHPI cash paid, 1 year
+6.5%APRH total return, 1 year
+11.0%KHPI total return, 1 year

ETFIQ Return Stability Score: KHPI scores higher

Was the payout funded by returns, or by your own capital?

APRH 46KHPI 55.53.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

APRH10.1 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%APRH+6.5%5.9% of it arrived as cash10.1 pts behind SPYTotal return, distributions reinvestedSPY+16.6%APRH+6.5%10.1 pts behind SPY
KHPI5.5 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%KHPI+11.0%9.1% of it arrived as cash5.5 pts behind SPYTotal return, distributions reinvestedSPY+16.6%KHPI+11.0%9.1% cash5.5 pts behind SPY

What they hold in common

By the books each fund has filed, APRH and KHPI hold 0% of their money in the same securities at the same weight.

Only in each
Only in APRHOnly in KHPI
TREASURY BILL 94.03%Vanguard S&P 500 ETF 100.00%
TREASURY BILL 2.00%
TREASURY BILL 1.99%
TREASURY BILL 1.98%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.

Performance, window by window

APRH and KHPI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
APRHKHPIAPRHKHPIAPRHKHPI
3 months+1.3%+1.9%2.1%2.2%−0.9 pts−0.3 pts
6 months+5.1%+11.3%3.7%4.7%−12.9 pts−6.8 pts
1 year+6.5%+11.0%5.9%9.1%−10.1 pts−5.5 pts
3 years+22.5%not published19.7%not published−55.9 ptsnot published
Since launch+28.3%+24.6%22.2%18.4%−65.3 pts−17.7 pts
Open the live comparison on ETFIQ
APRH and KHPI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
APRH
Innovator Premium Income 20 Barrier ETF -- April
Defined income on SPY, paying quarterly
KHPI
Kensington Hedged Premium Income ETF
Covered call on SPY, paying monthly
IssuerInnovatorKensington
Strategydefined incomecovered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY), used as a default proxy
Paysquarterlymonthly
Payout rate, annualized8.3%9.0%
Expense ratio0.79%0.98%
Cash paid, 1 year5.9%9.1%
Price change, 1 year+0.3%+1.5%
Total return, 1 year+6.5%+11.0%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−10.1 pts−5.5 pts
Return of capital, latest estimatenot publishednot published
Age1264 days743 days
Net assets$25m$401m

APRH in plain words

Over the year to Sep 18, 2026, APRH paid 5.9% of its starting value in cash distributions while its price rose 0.3%. With every distribution reinvested, the fund returned +6.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 10.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.3%, paid quarterly.

KHPI in plain words

Over the year to Sep 18, 2026, KHPI paid 9.1% of its starting value in cash distributions while its price rose 1.5%. With every distribution reinvested, the fund returned +11.0%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 5.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.0%, paid monthly.

Questions people ask

Which paid more, APRH or KHPI?
Over the year to Sep 18, 2026, APRH paid 5.9% of its starting price in cash and KHPI paid 9.1%, so KHPI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, APRH or KHPI?
With every distribution reinvested, APRH returned +6.5% and KHPI returned +11.0% over the year to Sep 18, 2026, so KHPI returned more.
Which is cheaper, APRH or KHPI?
APRH charges 0.79% a year and KHPI charges 0.98%, so APRH is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

APRH against KHPI, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, APRH against KHPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/aprh-vs-khpi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources