KSPYKraneshares Hedgeye Hedged Equity Index ETF
Seeks to provide investment results that correspond to the price and yield performance of the Hedgeye Hedged Equity Index.
By KraneShares · Launched 2024
Annual Cost
0.88%
#4,628 of 5,854 · expensive
Fund Size
$104M
#2,964 of 5,854 · mid-size
Dividend YieldGoal
0.27%
Track Record
2 years
#3,590 of 5,854 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$11,696+17.0%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
AlternativeRegion
North americaStrategy
Long short
Index tracked
KraneShares Hedgeye Hedged Equity Index
What it actually holds
By weightConcentration
Top 4 holdings = 99.7% of fundconcentrated
SPDR S&P 500 ETF Trust
98.9%
N/ATQJ26P Y 6635 US Index
2.5%
2SPY 04/17/2026SPY
-0.4%
N/ATQJ26P Y 6455 US Index
-1.4%
Asset allocation
Stocks
99.6%
Cash
0.4%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
7.7%Low
Year-on-year price swings
Max drawdown
-11.7%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to provide investment results that correspond to the price and yield performance of the Hedgeye Hedged Equity Index.
- Strategy
- Invests primarily in equity securities and options on the S&P 500 Index to provide downside protection while seeking to exhibit less volatility than a standard large cap portfolio. The strategy includes utilizing European-style and FLEX options, with a market capitalization range of approximately $5.0 billion to $3.4 trillion, focusing on sectors like Information Technology, Financials, and Consumer Discretionary.
- Inception date
- July 15, 2024
- Fund family
- KraneShares
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Data updated on 2026-08-03