KIQQ vs SPY

KIQQ vs SPY

Which is better, KIQQ or SPY?

Option Writing against Large Cap Blend.

SPY has a lower expense ratio.

Lower Fees: SPY

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

MetricKIQQSPY
Expense Ratio0.79%0.09%Best
AUM$2M$804.7B
Dividend Yield6.61%0.98%
Holdings106505
YTD Return+4.01%+10.96%Best
1Y Return-+15.52%
3Y Return (annualized)-+20.73%
5Y Return (annualized)-+12.53%
Fund FamilyKraneSharesState Street Investment Management
CategoryAlternativeEquity
StyleOption WritingLarge Cap Blend
InceptionJan 6, 2026Jan 22, 1993

Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.

KIQQ vs SPY 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

KIQQ vs SPY Performance

KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF (KIQQ) is an ETF from KraneShares and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, KIQQ is up 4.01% versus a gain of 10.96% for SPY.

Past performance does not guarantee future results.

Fees and Cost Over Time

KIQQ charges 0.79% per year while SPY charges 0.09%. On a $10,000 position that is $79 vs $9 annually, a gap of $70 per year that compounds over a long holding period. On income, KIQQ currently yields 6.61% against 0.98% for SPY.

Holdings Overlap

SPY already in KIQQ53.9%

At least 53.9% of SPY's money is in holdings KIQQ also owns.

Only one direction is shown: for KIQQ, our book for it lists positions totalling 107.0% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.

The two portfolios partly overlap.

87 positions in common, counted across the 102 positions we hold weights for in KIQQ and 504 in SPY, against full books of 106 and 505.

Top Shared Holdings

StockWeight in KIQQWeight in SPYDifference
NVDANvidia Corp9.25%8.01%1.24%
AAPLApple, Inc7.85%7.26%0.59%
MSFTMicrosoft Corp6.38%5.66%0.72%
AMZNAmazon.Com Inc4.76%3.79%0.97%
MUMicron Technology, Inc.5.07%1.60%3.47%
GOOGLAlphabet Inc,class A3.32%2.99%0.33%
AVGOBroadcom Inc3.04%2.66%0.38%
GOOGAlphabet Inc3.09%2.39%0.70%
METAMeta Platforms Inc2.87%1.93%0.94%
AMDAdvanced Micro Devices Inc3.64%1.14%2.50%

53.9% of SPY is already inside KIQQ.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

KIQQSPY

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, KIQQ or SPY?

KIQQ has an expense ratio of 0.79% while SPY charges 0.09%. SPY is the cheaper option, by $70 a year on a $10,000 investment.

What is the holdings overlap between KIQQ and SPY?

At least 53.9% of SPY's money is in holdings KIQQ also owns. Our book for KIQQ is partial, so the real figure is this or higher. They hold 87 positions in common, counted across the 102 positions we hold weights for in KIQQ and 504 in SPY.

Which pays a higher dividend, KIQQ or SPY?

KIQQ yields 6.61% while SPY yields 0.98%, so KIQQ currently pays the higher dividend yield.

Is SPY better than KIQQ?

SPY has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.