KPRO vs VYM
KraneShares 100% KWEB Defined Outcome January 2026 ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | KPRO | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 1.04% | 0.04% | |
| AUM | $3M | $79.0B | |
| Dividend Yield | 0.00% | 2.86% | |
| Holdings | 4 | 568 | |
| YTD Return | -4.73% | +15.80% | |
| 1Y Return | -5.94% | +26.12% | |
| 3Y Return (annualized) | - | +18.25% | |
| 5Y Return (annualized) | - | +12.51% | |
| Volatility (annualized) | 8.1% | 14.6% | |
| Max Drawdown | -15.4% | -58.8% | |
| Fund Family | KraneShares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Feb 7, 2024 | Nov 10, 2006 |
KPRO vs VYM Performance
KraneShares 100% KWEB Defined Outcome January 2026 ETF (KPRO) is a ETF from KraneShares and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year KPRO returned -5.94% while VYM returned +26.12%. Year to date, KPRO is down 4.73% versus a gain of 15.80% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% 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 -15.4% for KPRO and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.27. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
KPRO charges 1.04% per year while VYM charges 0.04%. On a $10,000 position that is $104 vs $4 annually, a gap of $100 per year that compounds over a long holding period. On income, KPRO currently yields 0.00% against 2.86% for VYM.
Holdings Overlap
KPRO and VYM share 0 holdings out of 559 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, KPRO or VYM?
KPRO has an expense ratio of 1.04% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $100 per year of difference.
Which performed better, KPRO or VYM?
Over the past year KPRO returned -5.94% vs +26.12% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (3 years), KPRO annualized +3.92% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, KPRO or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 8.1% for KPRO. Worst drawdown: KPRO -15.4% vs VYM -58.8%.
Should I hold both KPRO and VYM?
KPRO and VYM have a monthly-return correlation of 0.27, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between KPRO and VYM?
KPRO and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 559 unique securities.
Which pays a higher dividend, KPRO or VYM?
KPRO yields 0.00% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.