KCCA vs AGZD

Comparison between KRANESHARES CALIFORNIA CARBON ALLOWANCE STRATEGY ETF (KCCA, ETF) and WISDOMTREE INTEREST RATE HEDGED U.S. AGGREGATE BOND FUND (AGZD, ETF).

5-Year PerformanceAGZD has outperformed KCCA, delivering a return of +4.4% compared to -2.4%

KCCA vs AGZD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KCCA(ETF)	AGZD(ETF)
Net Assets	$117M	$116M
Expense Ratio	0.91%	0.23%
Max Drawdown	54.18%	14.53%
Sharpe Ratio	0.56	0.61
5Y Beta	-0.10	0.01
5Y Dividends CAGR	N/A	16.68%

Net Assets

Winner

KCCA

$117M

AGZD

$116M

Expense Ratio

KCCA

0.91%

Winner

AGZD

0.23%

Max Drawdown

KCCA

54.18%

Winner

AGZD

14.53%

Sharpe Ratio

KCCA

0.56

Winner

AGZD

0.61

5Y Beta

Winner

KCCA

-0.10

AGZD

0.01

5Y Dividends CAGR

KCCA

N/A

AGZD

16.68%

KCCA vs AGZD - Historical Returns

Returns include dividend reinvestment.

Period	KCCA	AGZD
1 month	-2.21%	+0.44%
3 months	+12.21%	+1.24%
6 months	+6.20%	+2.28%
1 year	+12.43%	+5.48%
5 years(CAGR)	-2.44%	+4.42%
10 years(CAGR)	N/A	+3.22%
Max(CAGR)	-2.44%	+2.52%

KCCA

-2.21%

Winner

AGZD

+0.44%

Winner

KCCA

+12.21%

AGZD

+1.24%

Winner

KCCA

+6.20%

AGZD

+2.28%

Winner

KCCA

+12.43%

AGZD

+5.48%

5Y(CAGR)

KCCA

-2.44%

Winner

AGZD

+4.42%

10Y(CAGR)

KCCA

N/A

AGZD

+3.22%

Max(CAGR)

KCCA

-2.44%

Winner

AGZD

+2.52%

KCCA vs AGZD - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	KCCA	AGZD
2026	-2.15%	+2.85%
2025	-11.72%	+4.67%
2024	-15.68%	+6.78%
2023	+36.55%	+7.36%
2022	-19.70%	+0.97%
2021	+8.91%	+0.66%
2020	N/A	+0.21%
2019	N/A	+4.45%
2018	N/A	+0.45%
2017	N/A	+2.82%
2016	N/A	+2.42%
2015	N/A	-0.79%
2014	N/A	+0.49%
2013	N/A	-0.07%

KCCA vs AGZD Drawdown Comparison

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

The maximum drawdown for AGZD was -8.46%, occurring on Mar 20, 2020. Recovery took 201 trading sessions.

The current KCCA drawdown is -29.37%. The current AGZD drawdown is -0.12%.

Rank	KCCA	AGZD
#1	-41.11% Feb 5, 2024 - Apr 14, 2025	-8.46% Feb 20, 2020 - Dec 4, 2020
#2	-34.85% Nov 15, 2021 - Jan 5, 2024	-4.55% Apr 8, 2014 - Feb 15, 2017
#3	-7.15% Oct 5, 2021 - Oct 22, 2021	-2.23% Apr 6, 2022 - Nov 18, 2022
#4	-2.08% Oct 25, 2021 - Oct 29, 2021	-1.88% Feb 22, 2023 - Jun 2, 2023
#5	-1.69% Jan 19, 2024 - Feb 1, 2024	-1.71% Mar 3, 2025 - May 28, 2025
#6	-1.40% Nov 1, 2021 - Nov 9, 2021	-1.52% Nov 10, 2021 - Apr 5, 2022
#7	-1.32% Jan 8, 2024 - Jan 17, 2024	-1.38% Feb 12, 2014 - Mar 5, 2014
#8	-0.16% Jan 17, 2024 - Jan 19, 2024	-1.03% Sep 18, 2018 - Feb 13, 2019
#9	N/A	-1.00% Jan 13, 2023 - Feb 14, 2023
#10	N/A	-0.95% Feb 2, 2018 - Jul 19, 2018
#11	N/A	-0.90% Sep 21, 2023 - Nov 6, 2023
#12	N/A	-0.88% Jan 8, 2025 - Mar 3, 2025
#13	N/A	-0.87% Jun 11, 2025 - Jul 8, 2025
#14	N/A	-0.79% Mar 11, 2021 - Oct 19, 2021
#15	N/A	-0.77% Nov 27, 2023 - Dec 11, 2023

Correlation

Correlation between KCCA and AGZD is -0.38 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.38

-101

Dividend Comparison (2013 - 2026)

KCCA vs AGZD dividend yield comparison.

Year	KCCA	AGZD
2026	0.00%	1.92%
2025	2.87%	4.12%
2024	30.58%	3.96%
2023	3.12%	6.07%
2022	0.24%	8.61%
2021	0.00%	1.66%
2020	0.00%	2.28%
2019	0.00%	2.83%
2018	0.00%	2.62%
2017	0.00%	2.31%
2016	0.00%	1.81%
2015	0.00%	1.66%
2014	0.00%	1.69%
2013	0.00%	0.05%