IBGC vs KMLI

Comparison between iShares iBonds Dec 2046 Term Treasury ETF (IBGC, ETF) and KraneShares 2x Long MELI Daily ETF (KMLI, ETF).

IBGC vs KMLI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IBGC(ETF)	KMLI(ETF)
Net Assets	$8.80M	$8.80M
Expense Ratio	0.07%	N/A
Max Drawdown	4.67%	75.82%
Sharpe Ratio	-0.67	-0.73
5Y Beta	0.24	2.33

Net Assets

IBGC

$8.80M

KMLI

$8.80M

Expense Ratio

IBGC

0.07%

KMLI

N/A

Max Drawdown

Winner

IBGC

4.67%

KMLI

75.82%

Sharpe Ratio

Winner

IBGC

-0.67

KMLI

-0.73

5Y Beta

Winner

IBGC

0.24

KMLI

2.33

IBGC vs KMLI - Historical Returns

Returns include dividend reinvestment.

Period	IBGC	KMLI
1 month	-2.00%	+29.39%
3 months	-2.01%	-10.72%
6 months	N/A	-33.01%
1 year	N/A	-56.50%
Max(CAGR)	-2.01%	-53.49%

IBGC

-2.00%

Winner

KMLI

+29.39%

Winner

IBGC

-2.01%

KMLI

-10.72%

IBGC

N/A

KMLI

-33.01%

IBGC

N/A

KMLI

-56.50%

Max(CAGR)

Winner

IBGC

-2.01%

KMLI

-53.49%

IBGC vs KMLI - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	IBGC	KMLI
2026	-0.65%	-28.09%
2025	N/A	-37.96%

IBGC vs KMLI Drawdown Comparison

The maximum drawdown for IBGC was -4.29%, occurring on May 19, 2026. Recovery took 49 trading sessions.

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

The current IBGC drawdown is -3.57%. The current KMLI drawdown is -64.41%.

Rank	IBGC	KMLI
#1	-4.29% Apr 14, 2026 - Jun 24, 2026	-73.22% Jun 30, 2025 - May 15, 2026
#2	-3.57% Jun 29, 2026 - Jul 21, 2026	-5.01% Jun 16, 2025 - Jun 24, 2025
#3	-0.44% Apr 8, 2026 - Apr 14, 2026	N/A
#4	-0.36% Mar 26, 2026 - Mar 30, 2026	N/A
#5	-0.24% Mar 31, 2026 - Apr 2, 2026	N/A
#6	-0.20% Apr 2, 2026 - Apr 8, 2026	N/A
#7	-0.00% Jun 24, 2026 - Jun 26, 2026	N/A

Correlation

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

-0.69

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