XXV vs. KHPI

Last updated Jul 12, 2026

XXV (Simplify Ancorato Target 25 Distribution ETF) and KHPI (Kensington Hedged Premium Income ETF) are both Derivative Income funds. Both are actively managed. A 0.63 correlation means they provide meaningful diversification when combined. XXV charges 0.85%/yr vs 0.96%/yr for KHPI.

Performance

XXV vs. KHPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Ancorato Target 25 Distribution ETF (XXV) and Kensington Hedged Premium Income ETF (KHPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XXV achieves a 4.69% return, which is significantly lower than KHPI's 6.12% return.

XXV

• 1D: -0.34%
• 1M: 0.71%
• 6M: 4.20%
• YTD: 4.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KHPI

• 1D: 0.12%
• 1M: 1.37%
• 6M: 5.46%
• YTD: 6.12%
• 1Y: 12.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XXV vs. KHPI - Yearly Performance Comparison

	2026 (YTD)	2025
XXV Simplify Ancorato Target 25 Distribution ETF	4.69%	4.06%
KHPI Kensington Hedged Premium Income ETF	6.12%	1.31%

Correlation

The correlation between XXV and KHPI is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.63

Return for Risk

XXV vs. KHPI — Risk / Return Rank

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

XXV

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

KHPI

KHPI Risk / Return Rank: 56
KHPI Sharpe Ratio Rank: 58
KHPI Sortino Ratio Rank: 59
KHPI Omega Ratio Rank: 59
KHPI Calmar Ratio Rank: 44
KHPI Martin Ratio Rank: 59

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.

XXV vs. KHPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Ancorato Target 25 Distribution ETF (XXV) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	XXV	KHPI	Difference
Sharpe ratio: Return per unit of total volatility	—	1.57	—
Sortino ratio: Return per unit of downside risk	—	2.25	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	1.80	—
Martin ratio: Return relative to average drawdown	—	8.23	—

Drawdowns

XXV vs. KHPI - Drawdown Comparison

The maximum XXV drawdown since its inception was -8.90%, smaller than the maximum KHPI drawdown of -10.58%. Use the drawdown chart below to compare losses from any high point for XXV and KHPI.

Drawdown Indicators

	XXV	KHPI	Difference
Max Drawdown Largest peak-to-trough decline	-8.90%	-10.58%	+1.68%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.55%	—
Current Drawdown Current decline from peak	-1.65%	0.00%	-1.65%
Average Drawdown Average peak-to-trough decline	-2.05%	-1.22%	-0.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.43%	—

Volatility

Volatility by Period

	XXV	KHPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.23%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.91%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.99%	7.52%	+5.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.99%	9.56%	+3.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.99%	9.56%	+3.43%

XXV vs. KHPI - Expense Ratio Comparison

XXV has a 0.85% expense ratio, which is lower than KHPI's 0.96% expense ratio.

Dividends

XXV vs. KHPI - Dividend Comparison

XXV's dividend yield for the trailing twelve months is around 15.13%, more than KHPI's 8.88% yield.

Position	TTM	2025	2024
KHPI Kensington Hedged Premium Income ETF	8.88%	8.90%	3.01%
XXV Simplify Ancorato Target 25 Distribution ETF	15.13%	2.36%	0.00%

Frequently Asked Questions

Can I hold both XXV and KHPI in my portfolio?

XXV and KHPI have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XXV or KHPI?

On fees, XXV is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XXV or KHPI?

XXV is cheaper with a 0.85% expense ratio, compared with 0.96% for KHPI.

Which ETF pays a higher dividend yield, XXV or KHPI?

XXV has the higher dividend yield at 15.13%, compared with 8.88% for KHPI.

What is the main difference between XXV and KHPI?

They also come from different issuers: Simplify and Kensington Asset Management. Their fees differ too: 0.85% for XXV and 0.96% for KHPI.