Data as of Nov 4, 2026.

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Income ETFs

KHPI vs KIQQ: Dividend Yield & Total Return

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KHPI and KIQQ both write options for income.

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Net assets: $401m on Jun 30, 2026 for Kensington Hedged Premium Income ETF, and $2.4m on Nov 4, 2026 for KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF.

At a glance
9.0%
KHPI cash paid, 1 year
6.9%
KIQQ cash paid, since launch, Jan 7, 2026
+9.5%
KHPI total return, 1 year
+0.9%
KIQQ total return, since launch, Jan 7, 2026
KHPI · 1 year to Nov 4, 2026 5.3 pts behind SPY
KHPI
+9.5%
SPY
+14.8%

5.3 pts behind SPY

KHPI over 1 year: paid 9.0%, price +0.1%, total +9.5%, SPY +14.8%, −5.3 pts. Data to Nov 4, 2026.

SPY

+14.8%

KHPI

+9.5%

9.0% of it arrived as cash

5.3 pts behind SPY

Total return, distributions reinvested

5.3 pts behind SPY

KHPI over 1 year: paid 9.0%, price +0.1%, total +9.5%, SPY +14.8%, −5.3 pts. Data to Nov 4, 2026.

SPY

+14.8%

KHPI

+9.5%

9.0% cash

5.3 pts behind SPY

9.0% of it arrived as cash. Total return, distributions reinvested. KHPI over 1 year: paid 9.0%, price +0.1%, total +9.5%, SPY +14.8%, −5.3 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.
KIQQ · since launch to Nov 4, 2026 10.4 pts behind QQQ
KIQQ
+0.9%
QQQ
+11.3%

10.4 pts behind QQQ

KIQQ since launch: paid 6.9%, price −6.0%, total +0.9%, QQQ +11.3%, −10.4 pts. Data to Nov 4, 2026.

QQQ

+11.3%

KIQQ

+0.9%

10.4 pts behind QQQ

Total return, distributions reinvested

10.4 pts behind QQQ

KIQQ since launch: paid 6.9%, price −6.0%, total +0.9%, QQQ +11.3%, −10.4 pts. Data to Nov 4, 2026.

QQQ

+11.3%

KIQQ

+0.9%

10.4 pts behind QQQ

6.9% of it arrived as cash. Both charts share one scale, with zero at the line. KIQQ since launch: paid 6.9%, price −6.0%, total +0.9%, QQQ +11.3%, −10.4 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

KIQQ costs 0.19 points a year less.

Points (pts) are percentage points.

KHPI vs KIQQ: Dividend Yield & Total Return
MeasureKHPIKIQQ
Paid and earned
Total return, 1 year+9.5%not published
Price changerose 0.1% (1 year)fell 6.0% (since Jan 7, 2026)
Return of capital, issuer estimate100% of the Nov 2, 2026 payment99% of the Sep 30, 2026 payment
Against its benchmark
BenchmarkS&P 500, measured through SPYNasdaq-100, measured through QQQ
Cost and size
Expense ratio0.98%0.79%
Net assets, KHPI as of Jun 30, 2026 and KIQQ as of Nov 4, 2026$401m$2.4m
Holdings
Holdings in common0%

Method

Risk and return

Jan 16, 2026 to Oct 30, 2026 · 41 weekly returns
KHPI KIQQ
Return
Total return edge KHPI +7.6% +0.8%
Price return edge KHPI −0.2% −6.1%
Risk
Max drawdown edge KHPI −5.9% −8.5%
Reading

From Jan 2026 to Oct 2026, KHPI returned more: +7.6% to +0.8%. KHPI fell less at its worst: −5.9% to −8.5%.

Full scorecard

3 measures, with how each is measured
Open ↓
Risk and return: KHPI vs KIQQ: Dividend Yield & Total Return
MeasureKHPIKIQQEdgeHow it is measured
Return
Total return+7.6%+0.8%KHPIPrice change plus distributions, reinvested.
Price return−0.2%−6.1%KHPIPrice change alone, distributions left out.
Risk
Max drawdown−5.9%−8.5%KHPIDeepest fall from a high to the low after it.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 41 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, KHPI and KIQQ hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 4, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first KHPI KIQQ
Only in one fund ↓
Only in KHPI
Vanguard S&P 500 ETF 100.06%
Only in KIQQ
+NDXDBHIO/-FED FUNDS 97.94%
APPLE INC 9.00%
NVIDIA CORP 8.54%
MICROSOFT CORP 7.18%
AMAZON.COM INC 4.97%
MICRON TECHNOLOGY INC 4.32%
ADVANCED MICRO DEVICES 3.92%
TESLA INC 3.55%
Check overlap with more funds →

Side by side

KHPI Kensington Hedged Premium Income ETF · Covered call on SPY, paying monthly KIQQ KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF · Buffer with income on QQQ, paying monthly
Issuer Kensington KraneShares
Strategy covered call buffer with income
Benchmark S&P 500 (SPY) Nasdaq-100 (QQQ)
Pays monthly monthly
Payout rate, annualized 9.1% 7.5%
Expense ratio 0.98% 0.79%
Cash paid, 1 year 9.0% 6.9% (since launch, Jan 7, 2026)
Price change, 1 year +0.1% −6.0% (since launch, Jan 7, 2026)
Total return, 1 year +9.5% +0.9% (since launch, Jan 7, 2026)
Benchmark return, 1 year +14.8% +11.3% (since launch, Jan 7, 2026)
Ahead or behind −5.3 pts −10.4 pts (since launch, Jan 7, 2026)
Return of capital, latest estimate 100% 99%
Age 2.2 years 301 days
Net assets, KHPI as of Jun 30, 2026 and KIQQ as of Nov 4, 2026 $401m $2.4m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: KHPI vs KIQQ: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowKHPIKIQQKHPIKIQQKHPIKIQQ
3 months+0.8%−3.7%2.2%1.7%+0.9 pts−0.2 pts
6 months+4.6%−4.4%4.5%3.7%−0.5 pts−4.0 pts
1 year+9.5%–9.0%–−5.3 pts–
Since launchNot the same days: KHPI Sep 2024 · KIQQ Jan 2026+26.2%+0.9%19.9%6.9%−17.0 pts−10.4 pts

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Client brief

No client brief for this pair: ETFIQ prints no one-year total return for KIQQ; the two funds' holdings are dated 127 days apart.

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About each fund
KHPI

Over the year to Nov 4, 2026, KHPI paid 9.0% of its starting value in cash distributions while its price rose 0.1%. With every distribution reinvested, the fund returned +9.5%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 5.3 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 9.1%, paid monthly. Kensington estimates that 100% of the distribution paid Nov 2, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

KIQQ

Over the period from its first trade on Jan 7, 2026 to Nov 4, 2026, KIQQ paid 6.9% of its starting value in cash distributions while its price fell 6.0%. With every distribution reinvested, the fund returned +0.9%. Nasdaq-100 (QQQ) returned +11.3% over the same days, so a holder was behind by 10.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 7.5%, paid monthly. KraneShares estimates that 99% of the distribution paid Sep 30, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, KHPI or KIQQ?
KHPI charges 0.98% a year and KIQQ charges 0.79%, so KIQQ is cheaper. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, KHPI against KIQQ, data as of Nov 4, 2026. https://etfiq.com/compare/income/khpi-vs-kiqq

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