KPRO vs VOO
KraneShares 100% KWEB Defined Outcome January 2026 ETF vs Vanguard S&P 500 ETF
Which is better, KPRO or VOO?
Option Writing against Large Cap Blend.
VOO has a lower expense ratio. VOO 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 | KPRO | VOO |
|---|---|---|
| Expense Ratio | 1.00% | 0.03%Best |
| AUM | $3M | $997.4B |
| Dividend Yield | 0.00% | 1.04% |
| Holdings | 4 | 509 |
| YTD Return | -7.82% | +12.50%Best |
| 1Y Return | -13.60% | +17.58%Best |
| 3Y Return (annualized) | - | +21.27% |
| 5Y Return (annualized) | - | +12.95% |
| Volatility (annualized) | 8.1%Best | 12.0% |
| Max Drawdown | -15.6%Best | -18.7% |
| $10,000 over 2.6 years | $10,652 | $15,853Best |
| Fund Family | KraneShares | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Blend |
| Inception | Feb 7, 2024 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 8, 2024 to Sep 11, 2026 (2.6 years).
KPRO vs VOO 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 2.6 years both funds cover.
KPRO vs VOO Performance
KraneShares 100% KWEB Defined Outcome January 2026 ETF (KPRO) is an ETF from KraneShares and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year KPRO returned -13.60% while VOO returned +17.58%. Year to date, KPRO is down 7.82% versus a gain of 12.50% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 12.0% compared with 8.1% for KPRO. 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 -15.6% for KPRO and -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.19. They move largely independently of each other.
Fees and Cost Over Time
KPRO charges 1.00% per year while VOO charges 0.03%. On a $10,000 position that is $100 vs $3 annually, a gap of $97 per year that compounds over a long holding period. On income, KPRO currently yields 0.00% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 1 holding in KPRO and 505 in VOO, totalling 84.3% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 62 days apart, KPRO as of Aug 31, 2026 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 1 positions we hold weights for in KPRO and 505 in VOO, against full books of 4 and 509.
You are not choosing between two funds in isolation.
Whichever of KPRO and VOO 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, KPRO or VOO?
KPRO has an expense ratio of 1.00% while VOO charges 0.03%. VOO is the cheaper option, by $97 a year on a $10,000 investment.
Which performed better, KPRO or VOO?
Over the past year KPRO returned -13.60% vs +17.58% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KPRO or VOO?
VOO has been the more volatile fund at 12.0% annualized versus 8.1% for KPRO. Worst drawdown: KPRO -15.6% vs VOO -18.7%.
Should I hold both KPRO and VOO?
KPRO and VOO have a monthly-return correlation of 0.19, 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, KPRO or VOO?
KPRO yields 0.00% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than KPRO?
VOO has a lower expense ratio. VOO 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.