KHPI vs UXJL
Kensington Hedged Premium Income ETF vs FT Vest US Equity Uncapped Accelerator ETF - July
Which is better, KHPI or UXJL?
UXJL has been ahead.
UXJL has a lower expense ratio. UXJL led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91.
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 | UXJL |
|---|---|---|
| Expense Ratio | 0.98% | 0.85%Best |
| AUM | $443M | $6M |
| Dividend Yield | 9.00% | 0.00% |
| Holdings | 7 | 8 |
| YTD Return | +0.58% | +13.31%Best |
| 1Y Return | +2.47% | +16.73%Best |
| Volatility (annualized) | 8.1%Best | 13.8% |
| Max Drawdown | -8.1%Best | -10.3% |
| $10,000 over 1.2 years | $10,483 | $12,315Best |
| Fund Family | Kensington Funds | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Sep 4, 2024 | Jul 18, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jul 21, 2025 to Oct 14, 2026 (1.2 years).
KHPI vs UXJL 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 1.2 years both funds cover.
KHPI vs UXJL Performance
Kensington Hedged Premium Income ETF (KHPI) is an ETF from Kensington Funds and FT Vest US Equity Uncapped Accelerator ETF - July (UXJL) is an ETF from First Trust Portfolios (US). Over the past year KHPI returned +2.47% while UXJL returned +16.73%. Year to date, KHPI is up 0.58% versus a gain of 13.31% for UXJL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UXJL has been the more volatile fund, with annualized monthly volatility of 13.8% compared with 8.1% 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 -8.1% for KHPI and -10.3% for UXJL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
KHPI charges 0.98% per year while UXJL charges 0.85%. On a $10,000 position that is $98 vs $85 annually, a gap of $13 per year that compounds over a long holding period. On income, KHPI currently yields 9.00% against 0.00% for UXJL.
You are not choosing between two funds in isolation.
Whichever of KHPI and UXJL 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 UXJL?
KHPI has an expense ratio of 0.98% while UXJL charges 0.85%. UXJL is the cheaper option, by $13 a year on a $10,000 investment.
Which performed better, KHPI or UXJL?
Over the past year KHPI returned +2.47% vs +16.73% for UXJL, so UXJL leads on 1-year performance. Over the longest common window we track (1 years), KHPI annualized +4.01% vs +18.95% for UXJL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KHPI or UXJL?
UXJL has been the more volatile fund at 13.8% annualized versus 8.1% for KHPI. Worst drawdown: KHPI -8.1% vs UXJL -10.3%.
Should I hold both KHPI and UXJL?
KHPI and UXJL have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, KHPI or UXJL?
KHPI yields 9.00% while UXJL yields 0.00%, so KHPI currently pays the higher dividend yield.
Is UXJL better than KHPI?
UXJL has a lower expense ratio. UXJL led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. Which one suits a particular account depends on what it is for. This is information, not a recommendation.