BGLD vs KHPI
FT Vest Gold Strategy Quarterly Buffer ETF vs Kensington Hedged Premium Income ETF
Which is better, BGLD or KHPI?
Each has led over a different period.
BGLD has a lower expense ratio. BGLD led over the full window, KHPI over 1Y.
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 | BGLD | KHPI |
|---|---|---|
| Expense Ratio | 0.91%Best | 0.98% |
| AUM | $53M | $443M |
| Dividend Yield | 0.00% | 9.00% |
| Holdings | 10 | 7 |
| YTD Return | -5.52% | +0.58%Best |
| 1Y Return | -4.00% | +2.47%Best |
| 3Y Return (annualized) | +18.05% | - |
| 5Y Return (annualized) | +11.14% | - |
| Volatility (annualized) | 11.5% | 8.5%Best |
| Max Drawdown | -12.4% | -10.6%Best |
| $10,000 over 2.1 years | $13,192Best | $11,577 |
| Fund Family | First Trust Portfolios (US) | Kensington Funds |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Jan 20, 2021 | Sep 4, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Sep 5, 2024 to Oct 14, 2026 (2.1 years).
BGLD 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 2.1 years both funds cover.
BGLD vs KHPI Performance
FT Vest Gold Strategy Quarterly Buffer ETF (BGLD) is an ETF from First Trust Portfolios (US) and Kensington Hedged Premium Income ETF (KHPI) is an ETF from Kensington Funds. Over the past year BGLD returned -4.00% while KHPI returned +2.47%. Year to date, BGLD is down 5.52% versus a gain of 0.58% for KHPI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BGLD has been the more volatile fund, with annualized monthly volatility of 11.5% compared with 8.5% 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 -12.4% for BGLD and -10.6% 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 0.13. They move largely independently of each other.
Fees and Cost Over Time
BGLD charges 0.91% per year while KHPI charges 0.98%. On a $10,000 position that is $91 vs $98 annually, a gap of $7 per year that compounds over a long holding period. On income, BGLD currently yields 0.00% against 9.00% for KHPI.
You are not choosing between two funds in isolation.
Whichever of BGLD 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, BGLD or KHPI?
BGLD has an expense ratio of 0.91% while KHPI charges 0.98%. BGLD is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, BGLD or KHPI?
Over the past year BGLD returned -4.00% vs +2.47% for KHPI, so KHPI leads on 1-year performance. Over the longest common window we track (2 years), BGLD annualized +14.10% vs +7.22% for KHPI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BGLD or KHPI?
BGLD has been the more volatile fund at 11.5% annualized versus 8.5% for KHPI. Worst drawdown: BGLD -12.4% vs KHPI -10.6%.
Should I hold both BGLD and KHPI?
BGLD and KHPI have a monthly-return correlation of 0.13, 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, BGLD or KHPI?
BGLD yields 0.00% while KHPI yields 9.00%, so KHPI currently pays the higher dividend yield.
Is KHPI better than BGLD?
BGLD has a lower expense ratio. BGLD led over the full window, KHPI over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.