23-Jan-2026
No headlines found.
KraneShares U.S. Hedged Equity ETF (KSPY) Joins LPL Financial's No-Transaction-Fee Platform
Globe Newswire (Thu, 8-Jan 8:30 AM ET)
The Fund seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific equity securities index. The Fund's current index is the Hedgeye Hedged Equity Index (the "Underlying Index"). The Underlying Index is designed to track the performance of a portfolio of large cap securities that is subject to downside hedging and seeks to exhibit less volatility than would a portfolio of large cap securities alone. The Underlying Index models an investment in the S&P 500 Index, the purchase and sale of put options on the S&P 500 Index, and the sale of call options on the S&P 500 Index. The Fund will utilize both European-style exchange-traded options on the S&P 500 Index and FLexible EXchange Options ("FLEX options") on an ETF that seeks to track the S&P 500 Index or a similar large cap securities index.
Kraneshares Hedgeye Hedged Equity Index ETF trades on the ARCA stock market under the symbol KSPY.
As of January 23, 2026, KSPY stock price climbed to $27.85 with 14,099 million shares trading.
KSPY has a beta of 0.54, meaning it tends to be less sensitive to market movements. KSPY has a correlation of 0.86 to the broad based SPY ETF.
KSPY has a market cap of $54.31 million. This is considered a Micro Cap stock.
KSPY has underperformed the market in the last year with a return of +12.8%, while the SPY ETF gained +14.2%. In the last 3 month period, KSPY fell short of the market, returning +2.9%, while SPY returned +2.9%. However, in the most recent 2 weeks KSPY has outperformed the stock market by returning +0.2%, while SPY returned -0.7%.
KSPY support price is $27.65 and resistance is $27.93 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KSPY shares will trade within this expected range on the day.