FLAO vs KMLI

Comparison between ALLIANZIM U.S. EQUITY 6 MONTH FLOOR5 APR/OCT ETF (FLAO, ETF) and KraneShares 2x Long MELI Daily ETF (KMLI, ETF).

FLAO vs KMLI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLAO(ETF)	KMLI(ETF)
Net Assets	$8.50M	$8.50M
Expense Ratio	0.74%	N/A
Max Drawdown	10.12%	75.82%
Sharpe Ratio	0.04	-1.04
5Y Beta	0.40	2.48

Net Assets

FLAO

$8.50M

KMLI

$8.50M

Expense Ratio

FLAO

0.74%

KMLI

N/A

Max Drawdown

Winner

FLAO

10.12%

KMLI

75.82%

Sharpe Ratio

Winner

FLAO

0.04

KMLI

-1.04

5Y Beta

Winner

FLAO

0.40

KMLI

2.48

FLAO vs KMLI - Historical Returns

Returns include dividend reinvestment.

Period	FLAO	KMLI
1 month	+0.67%	+10.43%
3 months	+0.61%	-17.12%
6 months	-0.31%	-40.29%
1 year	+4.00%	-66.65%
Max(CAGR)	+5.69%	-64.08%

FLAO

+0.67%

Winner

KMLI

+10.43%

Winner

FLAO

+0.61%

KMLI

-17.12%

Winner

FLAO

-0.31%

KMLI

-40.29%

Winner

FLAO

+4.00%

KMLI

-66.65%

Max(CAGR)

Winner

FLAO

+5.69%

KMLI

-64.08%

FLAO vs KMLI - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	FLAO	KMLI
2026	-0.70%	-40.23%
2025	+3.45%	-37.96%
2024	+10.02%	N/A

FLAO vs KMLI Drawdown Comparison

The maximum drawdown for FLAO was -10.12%, occurring on Apr 8, 2025. Recovery took 199 trading sessions.

The maximum drawdown for KMLI was -73.22%, occurring on May 15, 2026. This drawdown has not yet recovered.

The current FLAO drawdown is -1.89%. The current KMLI drawdown is -70.42%.

Rank	FLAO	KMLI
#1	-10.12% Feb 19, 2025 - Dec 3, 2025	-73.22% Jun 30, 2025 - May 15, 2026
#2	-7.60% Feb 25, 2026 - Mar 30, 2026	-5.01% Jun 16, 2025 - Jun 24, 2025
#3	-4.99% Jul 16, 2024 - Aug 19, 2024	N/A
#4	-3.28% Aug 30, 2024 - Sep 16, 2024	N/A
#5	-2.75% Apr 1, 2024 - May 14, 2024	N/A
#6	-1.65% Dec 6, 2024 - Jan 21, 2025	N/A
#7	-1.38% Feb 2, 2026 - Feb 9, 2026	N/A
#8	-1.21% Jan 12, 2026 - Jan 26, 2026	N/A
#9	-1.12% Feb 9, 2026 - Feb 25, 2026	N/A
#10	-1.06% Oct 18, 2024 - Nov 6, 2024	N/A
#11	-1.06% Dec 11, 2025 - Dec 22, 2025	N/A
#12	-0.96% May 28, 2024 - Jun 5, 2024	N/A
#13	-0.77% Jan 23, 2025 - Feb 6, 2025	N/A
#14	-0.72% Nov 8, 2024 - Nov 22, 2024	N/A
#15	-0.63% May 21, 2024 - May 28, 2024	N/A

Correlation

Correlation between FLAO and KMLI is -0.35 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.35

-101