SIOO vs. KHPI

Last updated Apr 2, 2026

Compare and contrast key facts about VistaShares Target 15 S&P 100 Distribution ETF (SIOO) and Kensington Hedged Premium Income ETF (KHPI).

SIOO and KHPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SIOO is a passively managed fund by VistaShares that tracks the performance of the S&P 100. It was launched on Dec 10, 2025. KHPI is an actively managed fund by Kensington Asset Management. It was launched on Sep 4, 2024.

Performance

SIOO vs. KHPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VistaShares Target 15 S&P 100 Distribution ETF (SIOO) and Kensington Hedged Premium Income ETF (KHPI). The values are adjusted to include any dividend payments, if applicable.

SIOO vs. KHPI - Yearly Performance Comparison

	2026 (YTD)	2025
SIOO VistaShares Target 15 S&P 100 Distribution ETF	-2.74%	0.77%
KHPI Kensington Hedged Premium Income ETF	-3.02%	-1.13%

Returns By Period

In the year-to-date period, SIOO achieves a -2.74% return, which is significantly higher than KHPI's -3.02% return.

SIOO

• 1D: 0.49%
• 1M: -2.12%
• YTD: -2.74%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KHPI

• 1D: 0.50%
• 1M: -4.24%
• YTD: -3.02%
• 6M: -0.73%
• 1Y: 10.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SIOO vs. KHPI - Expense Ratio Comparison

SIOO has a 0.59% expense ratio, which is lower than KHPI's 0.96% expense ratio.

KHPI

Kensington Hedged Premium Income ETF

SIOO

VistaShares Target 15 S&P 100 Distribution ETF

Return for Risk

SIOO vs. KHPI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KHPI

KHPI Risk / Return Rank: 58
KHPI Sharpe Ratio Rank: 51
KHPI Sortino Ratio Rank: 53
KHPI Omega Ratio Rank: 57
KHPI Calmar Ratio Rank: 61
KHPI Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SIOO vs. KHPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VistaShares Target 15 S&P 100 Distribution ETF (SIOO) and Kensington Hedged Premium Income ETF (KHPI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SIOO	KHPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.57	0.80	-1.37

Correlation

The correlation between SIOO and KHPI is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SIOO vs. KHPI - Dividend Comparison

SIOO's dividend yield for the trailing twelve months is around 5.27%, less than KHPI's 9.39% yield.

	TTM	2025	2024
SIOO VistaShares Target 15 S&P 100 Distribution ETF	5.27%	1.27%	0.00%
KHPI Kensington Hedged Premium Income ETF	9.39%	8.90%	3.01%

Drawdowns

SIOO vs. KHPI - Drawdown Comparison

The maximum SIOO drawdown since its inception was -6.86%, smaller than the maximum KHPI drawdown of -10.58%. Use the drawdown chart below to compare losses from any high point for SIOO and KHPI.

Drawdown Indicators

	SIOO	KHPI	Difference
Max Drawdown Largest peak-to-trough decline	-6.86%	-10.58%	+3.72%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.55%	—
Current Drawdown Current decline from peak	-3.40%	-4.71%	+1.31%
Average Drawdown Average peak-to-trough decline	-1.35%	-1.28%	-0.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.49%	—

Volatility

Volatility by Period

	SIOO	KHPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.26%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.28%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.47%	10.97%	+0.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.47%	9.78%	+1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.47%	9.78%	+1.69%