IQHI vs KCCA

Comparison between NYLI MACKAY HIGH INCOME ETF (IQHI, ETF) and KRANESHARES CALIFORNIA CARBON ALLOWANCE STRATEGY ETF (KCCA, ETF).

IQHI vs KCCA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IQHI(ETF)	KCCA(ETF)
Net Assets	$116M	$117M
Expense Ratio	0.41%	0.91%
Max Drawdown	7.33%	54.18%
Sharpe Ratio	0.35	0.56
5Y Beta	0.15	-0.10

Net Assets

IQHI

$116M

Winner

KCCA

$117M

Expense Ratio

Winner

IQHI

0.41%

KCCA

0.91%

Max Drawdown

Winner

IQHI

7.33%

KCCA

54.18%

Sharpe Ratio

IQHI

0.35

Winner

KCCA

0.56

5Y Beta

IQHI

0.15

Winner

KCCA

-0.10

IQHI vs KCCA - Historical Returns

Returns include dividend reinvestment.

Period	IQHI	KCCA
1 month	-0.03%	-1.94%
3 months	+0.51%	+11.88%
6 months	+1.10%	+5.32%
1 year	+5.36%	+11.86%
5 years(CAGR)	N/A	-2.61%
Max(CAGR)	+8.72%	-2.61%

Winner

IQHI

-0.03%

KCCA

-1.94%

IQHI

+0.51%

Winner

KCCA

+11.88%

IQHI

+1.10%

Winner

KCCA

+5.32%

IQHI

+5.36%

Winner

KCCA

+11.86%

5Y(CAGR)

IQHI

N/A

KCCA

-2.61%

Max(CAGR)

Winner

IQHI

+8.72%

KCCA

-2.61%

IQHI vs KCCA - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	IQHI	KCCA
2026	+1.33%	-2.97%
2025	+8.31%	-11.72%
2024	+8.11%	-15.68%
2023	+11.98%	+36.55%
2022	+2.77%	-19.70%
2021	N/A	+8.91%

IQHI vs KCCA Drawdown Comparison

The maximum drawdown for IQHI was -4.19%, occurring on Feb 21, 2023. Recovery took 92 trading sessions.

The maximum drawdown for KCCA was -41.11%, occurring on Apr 14, 2025. This drawdown has not yet recovered.

The current IQHI drawdown is -0.54%. The current KCCA drawdown is -29.96%.

Rank	IQHI	KCCA
#1	-4.19% Feb 2, 2023 - Jun 15, 2023	-41.11% Feb 5, 2024 - Apr 14, 2025
#2	-3.97% Feb 28, 2025 - May 13, 2025	-34.85% Nov 15, 2021 - Jan 5, 2024
#3	-3.40% Sep 1, 2023 - Nov 14, 2023	-7.15% Oct 5, 2021 - Oct 22, 2021
#4	-2.46% Feb 20, 2026 - Apr 14, 2026	-2.08% Oct 25, 2021 - Oct 29, 2021
#5	-2.41% Dec 13, 2022 - Jan 9, 2023	-1.69% Jan 19, 2024 - Feb 1, 2024
#6	-1.92% Dec 27, 2023 - Feb 1, 2024	-1.40% Nov 1, 2021 - Nov 9, 2021
#7	-1.90% Mar 28, 2024 - May 15, 2024	-1.32% Jan 8, 2024 - Jan 17, 2024
#8	-1.68% Apr 17, 2026 - May 26, 2026	-0.16% Jan 17, 2024 - Jan 19, 2024
#9	-1.60% Oct 28, 2022 - Nov 10, 2022	N/A
#10	-1.38% Dec 6, 2024 - Jan 24, 2025	N/A
#11	-1.18% Jul 31, 2023 - Aug 29, 2023	N/A
#12	-1.16% Oct 27, 2025 - Nov 28, 2025	N/A
#13	-1.11% Jun 16, 2023 - Jul 12, 2023	N/A
#14	-1.08% Sep 22, 2025 - Oct 27, 2025	N/A
#15	-1.07% May 15, 2024 - Jun 4, 2024	N/A

Correlation

Correlation between IQHI and KCCA is -0.50 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.50

-101