HomeCompareKMLM vs SPHD

KMLM vs SPHD: Dividend Comparison 2026

KMLM yields 4.62% · SPHD yields 4.33%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 KMLM wins by $535.00 in total portfolio value
10 years
KMLM
KMLM
● Live price
4.62%
Share price
$28.20
Annual div
$1.30
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$27.1K
Annual income
$621.49
Full KMLM calculator →
SPHD
SPHD
● Live price
4.33%
Share price
$49.34
Annual div
$2.14
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$26.5K
Annual income
$571.32
Full SPHD calculator →

Portfolio growth — KMLM vs SPHD

📍 KMLM pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis PeriodKMLMSPHD
2008–2009
GFC
— No data— No data
2020 Q1–Q2
COVID
— No data— No data
2022 Q4
Rate Hike
— No data— No data
Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.
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Dividend Calendar Overlap

Combined, KMLM + SPHD cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
KMLM pays
SPHD pays
Both pay
Neither
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Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

KMLM
Annual income on $10K today (after 15% tax)
$392.89/yr
After 10yr DRIP, annual income (after tax)
$528.27/yr
SPHD
Annual income on $10K today (after 15% tax)
$367.92/yr
After 10yr DRIP, annual income (after tax)
$485.62/yr
At 15% tax rate, KMLM beats the other by $42.64/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of KMLM + SPHD for your $10,000?

KMLM: 50%SPHD: 50%
100% SPHD50/50100% KMLM
Portfolio after 10yr
$26.8K
Annual income
$596.40/yr
Blended yield
2.23%
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

KMLM buys
0
SPHD buys
0
No recent congressional trades found for KMLM or SPHD in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricKMLMSPHD
Forward yield4.62%4.33%
Annual dividend / share$1.30$2.14
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%0%
Portfolio after 10y$27.1K$26.5K
Annual income after 10y$621.49$571.32
Total dividends collected$5.5K$5.1K
Payment frequencyquarterlyquarterly
SectorStockETF

Year-by-year: KMLM vs SPHD ($10,000, DRIP)

YearKMLM PortfolioKMLM Income/yrSPHD PortfolioSPHD Income/yrGap
1← crossover$11,162$462.22$11,133$432.85+$29.00KMLM
2$12,426$482.19$12,363$450.36+$63.00KMLM
3$13,797$501.65$13,695$467.39+$102.00KMLM
4$15,284$520.58$15,138$483.90+$146.00KMLM
5$16,892$538.94$16,697$499.88+$195.00KMLM
6$18,632$556.70$18,382$515.31+$250.00KMLM
7$20,510$573.85$20,198$530.17+$312.00KMLM
8$22,536$590.36$22,157$544.46+$379.00KMLM
9$24,719$606.25$24,266$558.18+$453.00KMLM
10$27,071$621.49$26,536$571.32+$535.00KMLM

KMLM vs SPHD: Complete Analysis 2026

KMLMStock

KMLM focuses on total return using long and short positions, as determined by daily trading signals, in commodity, currency, and global fixed income futures. For tax purposes, KMLM does not hold futures but gets exposure through a wholly-owned Cayman Island subsidiary. On an annual basis, an index committee selects 22 different futures contracts from the three broad categories. Weighting to the three categories is based on historical volatility. The contracts within each category are equally weighted. The portfolio is rebalanced monthly and contracts are rolled on a market-by-market basis as contracts near their expiration. The fund may also invest in instruments not included in the index such as equities or derivatives including swaps, forwards, structured notes, and options. Before April 1, 2022, the fund was actively managed. It traded as KFA Mount Lucas Index Strategy ETF until November 10, 2022. On August 1, 2024, KFA was replaced with KraneShares in the fund name.

Full KMLM Calculator →

SPHDETF

The Invesco S&P 500 High Dividend Low Volatility ETF (Fund) is based on the S&P 500 Low Volatility High Dividend Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. Standard & Poor's compiles, maintains and calculates the Index, which is composed of 50 securities traded on the S&P 500 Index that historically have provided high dividend yields and low volatility. The Fund and the Index are rebalanced and reconstituted semi-annually, in January and July.

Full SPHD Calculator →
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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.