IGI vs KSPY

Comparison between Western Asset Investment Grade Defined Opportunity Trust Inc (IGI, ETF) and KRANESHARES HEDGEYE HEDGED EQUITY INDEX ETF (KSPY, ETF).

IGI vs KSPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IGI(ETF)	KSPY(ETF)
Net Assets	$104M	$104M
Expense Ratio	N/A	0.88%
Max Drawdown	37.46%	11.67%
Sharpe Ratio	-0.23	1.59
5Y Beta	0.13	0.57
5Y Dividends CAGR	2.72%	N/A

Net Assets

Winner

IGI

$104M

KSPY

$104M

Expense Ratio

IGI

N/A

KSPY

0.88%

Max Drawdown

IGI

37.46%

Winner

KSPY

11.67%

Sharpe Ratio

IGI

-0.23

Winner

KSPY

1.59

5Y Beta

Winner

IGI

0.13

KSPY

0.57

5Y Dividends CAGR

IGI

2.72%

KSPY

N/A

IGI vs KSPY - Historical Returns

Returns include dividend reinvestment.

Period	IGI	KSPY
1 month	-0.09%	+1.13%
3 months	-0.81%	+4.53%
6 months	-0.66%	+6.61%
1 year	+2.08%	+16.56%
5 years(CAGR)	-1.48%	N/A
10 years(CAGR)	+1.61%	N/A
Max(CAGR)	+4.09%	+12.44%

IGI

-0.09%

Winner

KSPY

+1.13%

IGI

-0.81%

Winner

KSPY

+4.53%

IGI

-0.66%

Winner

KSPY

+6.61%

IGI

+2.08%

Winner

KSPY

+16.56%

5Y(CAGR)

IGI

-1.48%

KSPY

N/A

10Y(CAGR)

IGI

+1.61%

KSPY

N/A

Max(CAGR)

IGI

+4.09%

Winner

KSPY

+12.44%

IGI vs KSPY - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	IGI	KSPY
2026	-0.54%	+7.26%
2025	+6.25%	+14.13%
2024	-2.08%	+3.43%
2023	+8.33%	N/A
2022	-21.47%	N/A
2021	+1.86%	N/A
2020	+2.02%	N/A
2019	+30.79%	N/A
2018	-10.67%	N/A
2017	+17.39%	N/A
2016	+7.25%	N/A
2015	+2.91%	N/A
2014	+11.47%	N/A
2013	-7.47%	N/A
2012	+11.77%	N/A
2011	+16.98%	N/A
2010	+7.42%	N/A
2009	+1.53%	N/A

IGI vs KSPY Drawdown Comparison

The maximum drawdown for IGI was -31.83%, occurring on Sep 30, 2022. This drawdown has not yet recovered.

The maximum drawdown for KSPY was -11.67%, occurring on Apr 8, 2025. Recovery took 87 trading sessions.

The current IGI drawdown is -14.09%. The current KSPY drawdown is -0.29%.

Rank	IGI	KSPY
#1	-31.83% Sep 21, 2021 - Sep 30, 2022	-11.67% Feb 19, 2025 - Jun 25, 2025
#2	-29.54% Jan 10, 2020 - Jun 16, 2020	-4.87% Jul 16, 2024 - Sep 19, 2024
#3	-20.24% Dec 29, 2017 - Jun 7, 2019	-4.46% Feb 9, 2026 - Apr 14, 2026
#4	-18.01% Jan 10, 2013 - Dec 30, 2014	-3.04% Nov 10, 2025 - Dec 5, 2025
#5	-13.15% Sep 27, 2016 - Aug 1, 2017	-2.51% Dec 26, 2024 - Jan 22, 2025
#6	-12.89% Aug 14, 2020 - Sep 13, 2021	-1.94% Jun 15, 2026 - Jul 6, 2026
#7	-11.87% Oct 20, 2010 - Jun 1, 2011	-1.84% Jun 2, 2026 - Jun 15, 2026
#8	-10.70% Oct 9, 2012 - Dec 21, 2012	-1.73% Dec 16, 2024 - Dec 24, 2024
#9	-9.94% Aug 19, 2011 - Dec 16, 2011	-1.61% Feb 2, 2026 - Feb 6, 2026
#10	-8.13% Jan 23, 2012 - May 31, 2012	-1.47% Jan 12, 2026 - Jan 26, 2026
#11	-7.92% Dec 1, 2015 - Mar 31, 2016	-1.37% Oct 9, 2025 - Oct 20, 2025
#12	-6.19% Jun 17, 2020 - Jul 24, 2020	-1.20% Dec 11, 2025 - Dec 22, 2025
#13	-6.09% Aug 3, 2009 - Dec 2, 2009	-1.05% Jul 29, 2025 - Aug 4, 2025
#14	-5.90% May 1, 2015 - Oct 2, 2015	-0.86% Oct 28, 2024 - Nov 6, 2024
#15	-5.72% Aug 1, 2017 - Dec 20, 2017	-0.72% Dec 26, 2025 - Jan 6, 2026

Correlation

Correlation between IGI and KSPY is 0.52 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.52

-101

Dividend Comparison (2009 - 2026)

IGI vs KSPY dividend yield comparison.

Year	IGI	KSPY
2026	2.67%	0.00%
2025	5.16%	6.16%
2024	5.19%	1.31%
2023	4.59%	0.00%
2022	4.90%	0.00%
2021	3.65%	0.00%
2020	3.78%	0.00%
2019	4.42%	0.00%
2018	5.50%	0.00%
2017	4.64%	0.00%
2016	5.83%	0.00%
2015	5.95%	0.00%
2014	5.71%	0.00%
2013	7.47%	0.00%
2012	5.72%	0.00%
2011	6.36%	0.00%
2010	6.44%	0.00%
2009	2.64%	0.00%