Data as of Nov 4, 2026.

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Income ETFs

KHPI vs YSPC: Dividend Yield & Total Return

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KHPI and YSPC both write options for income.

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Net assets: $401m on Jun 30, 2026 for Kensington Hedged Premium Income ETF, and $42m on Nov 3, 2026 for YieldMax SPCX Option Income Strategy ETF.

At a glance
9.0%
KHPI cash paid, 1 year
16.7%
YSPC cash paid, since launch, Jul 15, 2026
+9.5%
KHPI total return, 1 year
−2.1%
YSPC total return, since launch, Jul 15, 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.
YSPC · since launch to Nov 4, 2026 2.6 pts behind SPCX
YSPC
−2.1%
SPCX
+0.5%

2.6 pts behind SPCX

YSPC since launch: paid 16.7%, price −18.2%, total −2.1%, SPCX +0.5%, −2.6 pts. Data to Nov 4, 2026.

SPCX

+0.5%

YSPC

−2.1%

2.6 pts behind SPCX

Total return, distributions reinvested

2.6 pts behind SPCX

YSPC since launch: paid 16.7%, price −18.2%, total −2.1%, SPCX +0.5%, −2.6 pts. Data to Nov 4, 2026.

SPCX

+0.5%

YSPC

−2.1%

2.6 pts behind SPCX

16.7% of it arrived as cash. Both charts share one scale, with zero at the line. YSPC since launch: paid 16.7%, price −18.2%, total −2.1%, SPCX +0.5%, −2.6 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

KHPI costs 0.03 points a year less.

Points (pts) are percentage points.

KHPI vs YSPC: Dividend Yield & Total Return
MeasureKHPIYSPC
Paid and earned
Total return, 1 year+9.5%not published
Price changerose 0.1% (1 year)fell 18.2% (since Jul 15, 2026)
Return of capital, issuer estimate100% of the Nov 2, 2026 payment
Against its benchmark
BenchmarkS&P 500, measured through SPYSpace Exploration Technologies (SPCX)
Cost and size
Expense ratio0.98%1.01%
Net assets, KHPI as of Jun 30, 2026 and YSPC as of Nov 3, 2026$401m$42m
Holdings
Holdings in common0%

Method

Risk and return

Jul 24, 2026 to Oct 30, 2026 · 14 weekly returns
KHPI YSPC
Return
Total return edge YSPC +2.3% +10.7%
Price return edge KHPI −0.7% −7.5%
Risk
Max drawdown edge KHPI −1.4% −13.9%
Reading

From Jul 2026 to Oct 2026, YSPC returned more: +10.7% to +2.3%. KHPI fell less at its worst: −1.4% to −13.9%.

Full scorecard

3 measures, with how each is measured
Open ↓
Risk and return: KHPI vs YSPC: Dividend Yield & Total Return
MeasureKHPIYSPCEdgeHow it is measured
Return
Total return+2.3%+10.7%YSPCPrice change plus distributions, reinvested.
Price return−0.7%−7.5%KHPIPrice change alone, distributions left out.
Risk
Max drawdown−1.4%−13.9%KHPIDeepest fall from a high to the low after it.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 14 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, KHPI and YSPC 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 YSPC
Only in one fund ↓
Only in KHPI
Vanguard S&P 500 ETF 100.06%
Only in YSPC
United States Treasury Note/Bond 2.375% 05/15/2027 29.45%
United States Treasury Note/Bond 3.375% 09/15/2027 13.87%
SPCX 11/20/2026 165.01 C 0.32%
SPCX US 11/06/26 C145 0.13%
SPCX US 11/06/26 C146 0.11%
SPCX US 11/06/26 C141 -0.11%
SPCX US 11/06/26 C140 -0.72%
SPCX 11/20/2026 165.01 P -21.73%
Check overlap with more funds →

Side by side

KHPI Kensington Hedged Premium Income ETF · Covered call on SPY, paying monthly YSPC YieldMax SPCX Option Income Strategy ETF · Synthetic covered call on SPCX, paying weekly
Issuer Kensington YieldMax
Strategy covered call synthetic covered call
Benchmark S&P 500 (SPY) Space Exploration Technologies (SPCX)
Pays monthly weekly
Payout rate, annualized 9.1% 60.1%
Expense ratio 0.98% 1.01%
Cash paid, 1 year 9.0% 16.7% (since launch, Jul 15, 2026)
Price change, 1 year +0.1% −18.2% (since launch, Jul 15, 2026)
Total return, 1 year +9.5% −2.1% (since launch, Jul 15, 2026)
Benchmark return, 1 year +14.8% +0.5% (since launch, Jul 15, 2026)
Ahead or behind −5.3 pts −2.6 pts (since launch, Jul 15, 2026)
Return of capital, latest estimate 100% not published
Age 2.2 years 112 days
Net assets, KHPI as of Jun 30, 2026 and YSPC as of Nov 3, 2026 $401m $42m

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 YSPC: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowKHPIYSPCKHPIYSPCKHPIYSPC
3 months+0.8%+11.7%2.2%18.2%+0.9 pts−13.8 pts
6 months+4.6%–4.5%–−0.5 pts–
1 year+9.5%–9.0%–−5.3 pts–
Since launchNot the same days: KHPI Sep 2024 · YSPC Jul 2026+26.2%−2.1%19.9%16.7%−17.0 pts−2.5 pts

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Client brief

No client brief for this pair: ETFIQ prints no one-year total return for YSPC; 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.

YSPC

Over the period from its first trade on Jul 15, 2026 to Nov 4, 2026, YSPC paid 16.7% of its starting value in cash distributions while its price fell 18.2%. With every distribution reinvested, the fund returned −2.1%. Space Exploration Technologies (SPCX) returned +0.5% over the same days, so a holder was behind by 2.6 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 60.1%, paid weekly.

Questions people ask

Which is cheaper, KHPI or YSPC?
KHPI charges 0.98% a year and YSPC charges 1.01%, so KHPI is cheaper. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, KHPI against YSPC, data as of Nov 4, 2026. https://etfiq.com/compare/income/khpi-vs-yspc

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.