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Kensington Hedged Premium Income ETF (KHPI): ETF

ETF traded on BATS under symbol KHPI. Quoted in usd.

Kensington Hedged Premium Income ETF logo

Kensington Hedged Premium Income ETF

+0.72%$25.92
BATS:KHPIEquity
AUM $454.55M·YTD --·Yield --
Kensington Hedged Premium Income ETF logoBATS:KHPI$25.92+0.72%
About KHPI

KHPIs core strategy involves purchasing other S&P 500 ETFs and implementing a monthly call option strategy for income and a quarterly put option strategy for downside protection. Using ETFs allows for dividends, while the use of index options provides preferred tax treatment. The fund is flexible in choosing S&P 500 ETFs and options, actively managing risk-to-reward ratios. Variations in market conditions, interest rates, and volatility will influence option costs and strategies. KHPI aims to balance premium income, downside protection, and upside potential for current income and capital appreciation. Expected performance includes outperformance when the S&P 500 is flat or declines due to monthly premiums, and underperformance when the S&P 500 rises due to the sacrifice of upside potential for reduced volatility and additional income.

Largest holdings

  1. VOO Vanguard S&P 500 ETF99.95%
  2. SPX 12/18/2026 7267.98 P1.11%
  3. SPX 11/20/2026 7889.22 C0.12%
  4. US BANK MMDA - USBGFS 9 09/01/20370.00%
  5. Cash & Other-0.05%
  6. SPX 12/18/2026 6120.4 P-0.19%
  7. SPX 11/20/2026 7659.44 C-0.93%
Full holdings, sectors and countries
Dividend History
Benchmark Comparison
Compared against
Performance Returns
Drawdown Chart
Analyst Coverage
Savings Plan Calculator
Total Invested
$70,000
Final Portfolio
$106,774
Total Return
+$36,774
(+52.5%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$454.55M
NAV$25.71
Premium/Discount+0.82%
Expense Ratio0.98%
Market Cap--
Shares Outstanding--
Inception DateSep. 4, 2024
Fund Details
IssuerKensington
Asset ClassEquity
Beta--
SectorFinancial Services
DomicileUS
52-Week Range
$23.95$26.55
Current: $25.92
Volume
Volume114.55K
Avg Volume93.14K
Vol/Avg1.23x

30d

112.22K

60d

106.94K

90d

96.79K

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