KSPY vs VOO
KraneShares Hedgeye Hedged Equity Index ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | KSPY | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.88% | 0.03% | |
| AUM | $124M | $997.4B | |
| Dividend Yield | 5.73% | 1.08% | |
| Holdings | 5 | 509 | |
| YTD Return | +8.06% | +13.20% | |
| 1Y Return | +14.98% | +21.62% | |
| 3Y Return (annualized) | - | +22.16% | |
| 5Y Return (annualized) | - | +13.42% | |
| Volatility (annualized) | 5.7% | 14.1% | |
| Max Drawdown | -11.7% | -34.3% | |
| Fund Family | KraneShares | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jul 16, 2024 | Sep 7, 2010 |
KSPY vs VOO Performance
KraneShares Hedgeye Hedged Equity Index ETF (KSPY) is a ETF from KraneShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year KSPY returned +14.98% while VOO returned +21.62%. Year to date, KSPY is up 8.06% versus a gain of 13.20% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 5.7% for KSPY. 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 -11.7% for KSPY and -34.3% for VOO. 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 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
KSPY charges 0.88% per year while VOO charges 0.03%. On a $10,000 position that is $88 vs $3 annually, a gap of $85 per year that compounds over a long holding period. On income, KSPY currently yields 5.73% against 1.08% for VOO.
Holdings Overlap
KSPY and VOO share 0 holdings out of 506 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, KSPY or VOO?
KSPY has an expense ratio of 0.88% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $85 per year of difference.
Which performed better, KSPY or VOO?
Over the past year KSPY returned +14.98% vs +21.62% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), KSPY annualized +12.46% vs +13.51% for VOO. Past performance does not guarantee future results.
Which is riskier, KSPY or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 5.7% for KSPY. Worst drawdown: KSPY -11.7% vs VOO -34.3%.
Should I hold both KSPY and VOO?
KSPY and VOO have a monthly-return correlation of 0.87, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between KSPY and VOO?
KSPY and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, KSPY or VOO?
KSPY yields 5.73% while VOO yields 1.08%, so KSPY currently pays the higher dividend yield.
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