CPLB vs KMLM

Comparison between NYLI MACKAY CORE PLUS BOND ETF (CPLB, ETF) and KRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF (KMLM, ETF).

5-Year PerformanceKMLM has outperformed CPLB, delivering a return of +4.0% compared to +0.7%

CPLB vs KMLM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CPLB(ETF)	KMLM(ETF)
Net Assets	$308M	$307M
Expense Ratio	0.30%	0.90%
Max Drawdown	23.33%	36.50%
Sharpe Ratio	0.26	0.76
5Y Beta	0.04	0.03

Net Assets

Winner

CPLB

$308M

KMLM

$307M

Expense Ratio

Winner

CPLB

0.30%

KMLM

0.90%

Max Drawdown

Winner

CPLB

23.33%

KMLM

36.50%

Sharpe Ratio

CPLB

0.26

Winner

KMLM

0.76

5Y Beta

CPLB

0.04

Winner

KMLM

0.03

CPLB vs KMLM - Historical Returns

Returns include dividend reinvestment.

Period	CPLB	KMLM
1 month	-0.22%	-3.83%
3 months	-0.99%	+4.03%
6 months	+0.67%	+12.47%
1 year	+4.83%	+11.83%
5 years(CAGR)	+0.72%	+4.01%
Max(CAGR)	+0.72%	+6.94%

Winner

CPLB

-0.22%

KMLM

-3.83%

CPLB

-0.99%

Winner

KMLM

+4.03%

CPLB

+0.67%

Winner

KMLM

+12.47%

CPLB

+4.83%

Winner

KMLM

+11.83%

5Y(CAGR)

CPLB

+0.72%

Winner

KMLM

+4.01%

Max(CAGR)

CPLB

+0.72%

Winner

KMLM

+6.94%

CPLB vs KMLM - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	CPLB	KMLM
2026	+0.54%	+8.74%
2025	+7.64%	-3.67%
2024	+4.53%	-1.15%
2023	+6.60%	-6.25%
2022	-14.05%	+29.44%
2021	+0.38%	+7.37%
2020	N/A	+5.40%

CPLB vs KMLM Drawdown Comparison

The maximum drawdown for CPLB was -18.96%, occurring on Oct 24, 2022. Recovery took 1026 trading sessions.

The maximum drawdown for KMLM was -27.61%, occurring on Jun 20, 2025. This drawdown has not yet recovered.

The current CPLB drawdown is -1.62%. The current KMLM drawdown is -14.93%.

Rank	CPLB	KMLM
#1	-18.96% Aug 3, 2021 - Sep 4, 2025	-27.61% Oct 14, 2022 - Jun 20, 2025
#2	-2.60% Feb 27, 2026 - Mar 27, 2026	-14.93% Jun 13, 2022 - Sep 26, 2022
#3	-1.06% Oct 27, 2025 - Nov 26, 2025	-9.11% May 12, 2021 - Feb 4, 2022
#4	-0.77% Nov 26, 2025 - Jan 7, 2026	-6.19% Mar 8, 2022 - Mar 24, 2022
#5	-0.63% Jul 8, 2021 - Jul 19, 2021	-6.02% Sep 27, 2022 - Oct 10, 2022
#6	-0.54% Sep 15, 2025 - Oct 13, 2025	-5.93% Feb 24, 2021 - Apr 26, 2021
#7	-0.52% Jan 14, 2026 - Jan 26, 2026	-4.58% Apr 18, 2022 - May 4, 2022
#8	-0.31% Jan 26, 2026 - Feb 5, 2026	-3.99% Mar 25, 2022 - Apr 8, 2022
#9	-0.30% Sep 8, 2025 - Sep 10, 2025	-3.60% May 6, 2022 - May 17, 2022
#10	-0.26% Jul 19, 2021 - Jul 27, 2021	-3.57% May 17, 2022 - Jun 6, 2022
#11	-0.23% Jan 7, 2026 - Jan 12, 2026	-3.46% Jan 5, 2021 - Jan 14, 2021
#12	-0.21% Feb 10, 2026 - Feb 12, 2026	-2.85% Feb 24, 2022 - Mar 2, 2022
#13	-0.19% Oct 21, 2025 - Oct 24, 2025	-2.05% Jan 14, 2021 - Feb 8, 2021
#14	-0.19% Oct 16, 2025 - Oct 20, 2025	-1.72% Feb 14, 2022 - Feb 23, 2022
#15	-0.14% Sep 11, 2025 - Sep 15, 2025	-1.50% Dec 23, 2020 - Dec 29, 2020

Correlation

Correlation between CPLB and KMLM is -0.69 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.69

-101