Key stats
About KraneShares Hedgeye Hedged Equity Index ETF
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Inception date
Jul 16, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Krane Funds Advisors LLC
Distributor
SEI Investments Distribution Co.
ISIN
US5007673891
KSPY tracks an index that aims to provide S&P 500 exposure while actively managing volatility and downside risk. The index uses proprietary Risk Range Signals to analyze the trading range of the S&P 500 Index to toggle between three different option postures. The risk signals are based on a price, volume, and volatility of the S&P 500 and are used to indicate market entry and exit points for investing portfolio assets. The strategies, which can shift daily, range from providing downside risk management, generating option income, or potential income in exchange for capping upside appreciation. The fund uses FLEX and exchange-listed European-style options to employ the option strategy. However, up to 20% of the assets may be invested in derivatives that expose investors to counter party risk. Assets not invested in options are placed in an ETF tracking the S&P 500 Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.53%
Cash0.36%
Rights & Warrants0.11%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
KSPY last dividends amounted to 0.25 USD. The year before, the issuer paid 0.05 USD in dividends, which shows a 79.57% increase.
KSPY assets under management is 52.12 M USD. It's fallen 6.41% over the last month.
KSPY fund flows account for 43.76 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, KSPY pays dividends to its holders with the dividend yield of 0.18%. The last dividend (Dec 18, 2024) amounted to 0.34 USD. The dividends are paid annually.
KSPY shares are issued by China International Capital Corp. Ltd. under the brand KraneShares. The ETF was launched on Jul 16, 2024, and its management style is Passive.
KSPY expense ratio is 0.88% meaning you'd have to pay 0.88% of your investment to help manage the fund.
KSPY follows the Hedgeye Hedged Equity Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
KSPY invests in funds.
KSPY price has fallen by −0.90% over the last month, and its yearly performance shows a 9.53% increase. See more dynamics on KSPY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.04% over the last month, have fallen by −0.04% over the last month, showed a 3.80% increase in three-month performance and has increased by 10.94% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.04% over the last month, have fallen by −0.04% over the last month, showed a 3.80% increase in three-month performance and has increased by 10.94% in a year.
KSPY trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.