KraneShares KSPY ETF added to LPL Financial's fee-free platform

KraneShares announced that its U.S. Hedged Equity ETF (NYSE: KSPY) has been added to LPL Financial's No-Transaction-Fee platform, providing access for LPL's more than 22,000 financial advisors and their clients.

LPL Financial operates as the largest independent broker-dealer in the United States. The company's NTF platform allows advisors to offer selected ETFs and mutual funds without transaction charges for investors.

KSPY uses Hedgeye's Risk Range signals to adjust its portfolio exposure between equity positions and options strategies. The fund can modify its market exposure daily based on where the S&P 500 trades relative to predetermined risk ranges. When the S&P 500 approaches or falls below buy signals, the portfolio moves toward full equity exposure. When the index nears or exceeds sell signals, exposure decreases toward zero.

According to the press release, the S&P 500 has closed within Hedgeye's daily published Risk Range 83% of the time since the signals began publication in 2015.

KraneShares joined LPL's NTF platform in January 2025 and now offers 16 ETFs on the platform. The funds span categories including China-focused investments, carbon markets, emerging technologies, and income solutions.

The company has established a strategic partnership with InspereX to enhance distribution through LPL's advisor network. KraneShares focuses on China-focused and climate-focused ETFs, along with strategies covering emerging markets, carbon allowances, options income, and technology sectors including artificial intelligence and electric vehicles.

The information is based on a press release statement from KraneShares.

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