KHPI vs SDTY
Kensington Hedged Premium Income ETF vs YieldMax S&P 500 0DTE Covered Call Strategy ETF
Which is better, KHPI or SDTY?
SDTY has been ahead.
KHPI has a lower expense ratio. SDTY 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 | KHPI | SDTY |
|---|---|---|
| Expense Ratio | 0.98%Best | 1.08% |
| AUM | $443M | $29M |
| Dividend Yield | 9.00% | 28.74% |
| Holdings | 7 | 12 |
| YTD Return | +0.58% | +11.19%Best |
| 1Y Return | +2.47% | +16.63%Best |
| Volatility (annualized) | 9.0%Best | 13.3% |
| Max Drawdown | -10.5%Best | -16.3% |
| $10,000 over 1.7 years | $10,874 | $13,460Best |
| Fund Family | Kensington Funds | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Sep 4, 2024 | Feb 5, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Feb 6, 2025 to Oct 14, 2026 (1.7 years).
KHPI vs SDTY 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 1.7 years both funds cover.
KHPI vs SDTY Performance
Kensington Hedged Premium Income ETF (KHPI) is an ETF from Kensington Funds and YieldMax S&P 500 0DTE Covered Call Strategy ETF (SDTY) is an ETF from YieldMax ETF. Over the past year KHPI returned +2.47% while SDTY returned +16.63%. Year to date, KHPI is up 0.58% versus a gain of 11.19% for SDTY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SDTY has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 9.0% 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 -10.5% for KHPI and -16.3% for SDTY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
KHPI charges 0.98% per year while SDTY charges 1.08%. On a $10,000 position that is $98 vs $108 annually, a gap of $10 per year that compounds over a long holding period. On income, KHPI currently yields 9.00% against 28.74% for SDTY.
Holdings Overlap
We hold position weights for 1 holding in KHPI and 1 in SDTY, totalling 100.2% and 10.8% 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 KHPI and 1 in SDTY, against full books of 7 and 12.
You are not choosing between two funds in isolation.
Whichever of KHPI and SDTY 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, KHPI or SDTY?
KHPI has an expense ratio of 0.98% while SDTY charges 1.08%. KHPI is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, KHPI or SDTY?
Over the past year KHPI returned +2.47% vs +16.63% for SDTY, so SDTY leads on 1-year performance. Over the longest common window we track (2 years), KHPI annualized +5.05% vs +19.10% for SDTY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KHPI or SDTY?
SDTY has been the more volatile fund at 13.3% annualized versus 9.0% for KHPI. Worst drawdown: KHPI -10.5% vs SDTY -16.3%.
Should I hold both KHPI and SDTY?
KHPI and SDTY have a monthly-return correlation of 0.89, 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, KHPI or SDTY?
KHPI yields 9.00% while SDTY yields 28.74%, so SDTY currently pays the higher dividend yield.
Is SDTY better than KHPI?
KHPI has a lower expense ratio. SDTY 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.