KHPI vs XFEB
Kensington Hedged Premium Income ETF vs FT Vest US Equity Enhance & Moderate Buffer ETF - February
Which is better, KHPI or XFEB?
XFEB has been ahead.
XFEB has a lower expense ratio. XFEB 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 | XFEB |
|---|---|---|
| Expense Ratio | 0.98% | 0.85%Best |
| AUM | $443M | $59M |
| Dividend Yield | 9.00% | 0.00% |
| Holdings | 7 | 12 |
| YTD Return | +0.58% | +7.33%Best |
| 1Y Return | +2.47% | +9.82%Best |
| Volatility (annualized) | 8.5% | 4.7%Best |
| Max Drawdown | -10.6% | -9.1%Best |
| $10,000 over 2.1 years | $11,577 | $12,111Best |
| Fund Family | Kensington Funds | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Sep 4, 2024 | Feb 20, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), 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).
KHPI vs XFEB 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.
KHPI vs XFEB Performance
Kensington Hedged Premium Income ETF (KHPI) is an ETF from Kensington Funds and FT Vest US Equity Enhance & Moderate Buffer ETF - February (XFEB) is an ETF from First Trust Portfolios (US). Over the past year KHPI returned +2.47% while XFEB returned +9.82%. Year to date, KHPI is up 0.58% versus a gain of 7.33% for XFEB.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KHPI has been the more volatile fund, with annualized monthly volatility of 8.5% compared with 4.7% for XFEB. 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 -10.6% for KHPI and -9.1% for XFEB. 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 XFEB 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 XFEB.
You are not choosing between two funds in isolation.
Whichever of KHPI and XFEB 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 XFEB?
KHPI has an expense ratio of 0.98% while XFEB charges 0.85%. XFEB is the cheaper option, by $13 a year on a $10,000 investment.
Which performed better, KHPI or XFEB?
Over the past year KHPI returned +2.47% vs +9.82% for XFEB, so XFEB leads on 1-year performance. Over the longest common window we track (2 years), KHPI annualized +7.22% vs +9.55% for XFEB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KHPI or XFEB?
KHPI has been the more volatile fund at 8.5% annualized versus 4.7% for XFEB. Worst drawdown: KHPI -10.6% vs XFEB -9.1%.
Should I hold both KHPI and XFEB?
KHPI and XFEB 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 XFEB?
KHPI yields 9.00% while XFEB yields 0.00%, so KHPI currently pays the higher dividend yield.
Is XFEB better than KHPI?
XFEB has a lower expense ratio. XFEB 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.