KraneShares U.S. Hedged Equity ETF (KSPY) Added to LPL Financial's No-Transaction-Fee Platform
NEW YORK, Jan. 08, 2026 (GLOBE NEWSWIRE) — KraneShares, a prominent innovator in the exchange-traded fund (ETF) market, has announced that the KraneShares Hedgeye Hedged Equity Index ETF (NYSE: KSPY) is now available on LPL Financial's No-Transaction-Fee (NTF) platform. This strategic move enhances accessibility for over 22,000 financial advisors and their clientele, amplifying investment opportunities without the burden of transaction fees.
About LPL Financial's No-Transaction-Fee Platform
LPL Financial stands as the largest independent broker-dealer in the United States, offering comprehensive investment and business solutions for financial advisors. By including KSPY in its NTF platform, LPL Financial enables advisors to provide a curated selection of ETFs and mutual funds at no transaction cost, potentially lowering overall investment expenses for clients.
KSPY: Innovative Risk Management Strategy
The KSPY ETF utilizes Hedgeye’s Risk Range™ Signals to manage downside risk while maximizing upside potential. This approach incorporates:
- Dynamic Adjustments: KSPY adapts its investment strategy based on daily assessments of the S&P 500's positioning within Hedgeye’s established Risk Ranges.
- Three Unique Options Strategies: These strategies allow KSPY to toggle between different investment positions, enhancing responsiveness to market conditions.
- Proven Track Record: Since its inception, S&P 500 has consistently stayed within Hedgeye's published Risk Range 83% of the time, showcasing the model's reliability.
When market conditions are favorable, KSPY aims for a delta close to 100% to capitalize on upward market movements. Conversely, it reduces exposure to nearly 0% during downturns, prioritizing capital preservation.
Expert Insight on KSPY's Functionality
Jonathan Shelon, CFA and COO at KraneShares, emphasizes that “unlike traditional hedged equity ETFs, KSPY does the work for you.” He highlights the fund’s unique capability to automatically adjust based on market conditions, which is essential in today’s rapidly changing financial landscape.
Broader Offerings from KraneShares on the NTF Platform
Since joining the LPL NTF platform in January 2025, KraneShares has expanded its offerings to 16 ETFs, covering various sectors such as:
- China Themes: KWEB (China Internet), KURE (China Healthcare)
- Carbon Markets: KRB
- U.S. Equity & Fixed Income: KVLE, IVOL, BNDD, KSPY
- Emerging Technologies: AGIX (AI & Technology), KOID (Humanoid & Embodied AI)
This diverse range allows investors to engage with transformative sectors while benefiting from KraneShares' expertise.
KraneShares’ Commitment to Innovation
KraneShares is recognized as a specialist investment manager focusing on delivering innovative and high-conviction strategies to global investors. Known for its focus on China and climate-related ETFs, the firm also engages with emerging markets and disruptive technologies.
Important Considerations
Investors should carefully consider the KSPY ETF's objectives, risks, charges, and expenses before investing. Detailed information is available through the fund's prospectus, which can be accessed at www.kraneshares.com/etf/kspy.
Risk Disclosures
Investing in KSPY involves risks, including the potential loss of principal. The fund may experience volatility due to concentrated investments and the use of derivatives. It is crucial to understand these factors and consult financial advisors for tailored advice.