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KPO

The fund does not yet have enough measurable history for a letter. Young funds age in naturally as their record builds; nothing is wrong.Chicago Board Options Exchange

Managed Portfolio Series - Kensington Premium Opportunities Etf

Leveraged · Leveraged & Inverse · Kensington · Inception 2026-08-27

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$24.99+0.06 (+0.24%)

As of Sep 23, 2026, 2:23 PM EDT

History starts Aug 28, 2026.History starts Aug 28, 2026.History starts Aug 28, 2026.History starts Aug 28, 2026.
Intraday session: up, 13 prints from 24.93 to 24.99. Range 24.90 to 25.07. Use the arrow keys to read each point.$24.90$24.95$25.0510 AM12 PM2 PM4 PM
Expense ratio
0.95%
Fund size
$9M
1Y return
—
Yield · Last 12 months
—
Holdings
12
Volume · 30D
0M sh
NAV per share
$24.85
52W range
low $24.42high $25.15

KPO Holdings

As of Sep 20, 2026, 10:16 AM
Asset class
Stocks
Holdings
12
Top-10 weight
104%
Largest holding
United States Treasury Bill 03/11/202755.8%

Geography

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—United States Treasury Bill 03/11/202755.75%4,998,000$5M3
002—United States Treasury Bill 12/31/202643.25%3,845,000$4M9
003—Cash & Other2.40%211,397$211K674
004—XSP 12/18/2026 745.92 P1.75%116$154K1
005—XSP 10/16/2026 780.35 C0.51%116$44K1
006—US BANK MMDA - USBGFS 9 09/01/20370.17%15,260$15K161

Showing 1–6 of 6 holdings

KPO Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

KPO$10,184
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,236
Sep 15, 2026 to Sep 22, 2026. KPO $10,184. SPY $10,236. Use the arrow keys to read each point.$9,933$10,097$10,261Sep 15Sep 18Sep 22

Sep 15, 2026 – Sep 22, 2026

Returns run to the last market close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for KPO. Periods over one year show the average yearly return.
PeriodKPO
Year to dateFund launched this year—
1 monthFund is under 1 month old—
3 monthsFund is under 3 months old—
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for KPO
YearReturn barKPO
2026 YTD+0.2%

History from Aug 28, 2026

KPO in the news

ETF.net Research hasn’t filed on KPO yet — coverage lands here as it’s written.

KPO Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Aug 2026. No distributions yet.

KPO Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Aug 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Aug 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Aug 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.00
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

KPO Cost

Expense ratio0.95%
  • The middle half of Leveraged Long (2x & Other) funds
  • Median 0.99%

29 of the 93 Leveraged Long (2x & Other) funds charge less.

KPO costs $95.00 a year on $10,000. The median Leveraged Long (2x & Other) fund costs $99.00.