ACEI vs KHPI
Innovator Equity Autocallable Income Strategy ETF vs Kensington Hedged Premium Income ETF
Which is better, ACEI or KHPI?
ACEI has been ahead.
ACEI has a lower expense ratio. ACEI led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ACEI | KHPI |
|---|---|---|
| Expense Ratio | 0.79%Best | 0.98% |
| AUM | $52M | $443M |
| Dividend Yield | 11.88% | 9.00% |
| Holdings | 26 | 7 |
| YTD Return | +7.65%Best | +0.58% |
| 1Y Return | +9.38%Best | +2.47% |
| Volatility (annualized) | 10.2% | 8.7%Best |
| Max Drawdown | -9.3% | -8.1%Best |
| $10,000 over 1.1 years | $10,755Best | $10,330 |
| Fund Family | Innovator ETFs Trust | Kensington Funds |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Sep 24, 2025 | Sep 4, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Sep 25, 2025 to Oct 14, 2026 (1.1 years).
ACEI vs KHPI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.1 years both funds cover.
ACEI vs KHPI Performance
Innovator Equity Autocallable Income Strategy ETF (ACEI) is an ETF from Innovator ETFs Trust and Kensington Hedged Premium Income ETF (KHPI) is an ETF from Kensington Funds. Over the past year ACEI returned +9.38% while KHPI returned +2.47%. Year to date, ACEI is up 7.65% versus a gain of 0.58% for KHPI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ACEI has been the more volatile fund, with annualized monthly volatility of 10.2% compared with 8.7% for KHPI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -9.3% for ACEI and -8.1% for KHPI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.49. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ACEI charges 0.79% per year while KHPI charges 0.98%. On a $10,000 position that is $79 vs $98 annually, a gap of $19 per year that compounds over a long holding period. On income, ACEI currently yields 11.88% against 9.00% for KHPI.
Holdings Overlap
We hold position weights for 1 holding in ACEI and 1 in KHPI, totalling 0.0% and 100.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in ACEI and 1 in KHPI, against full books of 26 and 7.
You are not choosing between two funds in isolation.
Whichever of ACEI and KHPI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ACEI or KHPI?
ACEI has an expense ratio of 0.79% while KHPI charges 0.98%. ACEI is the cheaper option, by $19 a year on a $10,000 investment.
Which performed better, ACEI or KHPI?
Over the past year ACEI returned +9.38% vs +2.47% for KHPI, so ACEI leads on 1-year performance. Over the longest common window we track (1 years), ACEI annualized +6.84% vs +3.00% for KHPI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACEI or KHPI?
ACEI has been the more volatile fund at 10.2% annualized versus 8.7% for KHPI. Worst drawdown: ACEI -9.3% vs KHPI -8.1%.
Should I hold both ACEI and KHPI?
ACEI and KHPI have a monthly-return correlation of 0.49, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ACEI or KHPI?
ACEI yields 11.88% while KHPI yields 9.00%, so ACEI currently pays the higher dividend yield.
Is KHPI better than ACEI?
ACEI has a lower expense ratio. ACEI led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.