---
ticker: "KSPY"
name: "KraneShares Hedgeye Hedged Equity Index ETF"
url: "https://etf.net/etf/KSPY"
grade: "C"
score: 41
graded_at: "2026-10-12"
category: "S&P 500 Option Income"
category_rank: "38 of 52"
methodology: "https://etf.net/methodology"
---

# KSPY: KraneShares Hedgeye Hedged Equity Index ETF

Grade **C**, Score 41 of 100. Rank 38 of 52 in S&P 500 Option Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 22 | 41 of 52 |
| Mission | Not scored | — |
| Risk | 77 | 5 of 52 |
| Tradability | 52 | 22 of 52 |
| Holdings | 38 | 33 of 41 |
| Durability | 35 | 47 of 52 |

## Top holdings

The fund holds 3 positions. These are the largest 3, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | SPY | State Street Spdr S&P 500 Etf Trust | 100.25% |
| 2 | — | Spxw Us 10/30/26 P7770 | 1.07% |
| 3 | — | Cash | 0.10% |

Source: etf.net, https://etf.net/etf/KSPY. Please cite the page URL.