KCCA vs FMCX

Comparison between KRANESHARES CALIFORNIA CARBON ALLOWANCE STRATEGY ETF (KCCA, ETF) and FM FOCUS EQUITY ETF (FMCX, ETF).

KCCA vs FMCX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KCCA(ETF)	FMCX(ETF)
Net Assets	$118M	$118M
Expense Ratio	0.91%	0.71%
Max Drawdown	54.18%	18.54%
Sharpe Ratio	0.78	0.79
5Y Beta	-0.11	0.76
P/E Ratio	N/A	29.46
Forward P/E	N/A	23.39
PEG Ratio	N/A	0.71
5Y EPS CAGR	N/A	15.54%
Debt to Equity	N/A	-2.87%
P/S Ratio	N/A	3.76
P/B Ratio	N/A	5.21

Net Assets

KCCA

$118M

Winner

FMCX

$118M

Expense Ratio

KCCA

0.91%

Winner

FMCX

0.71%

Max Drawdown

KCCA

54.18%

Winner

FMCX

18.54%

Sharpe Ratio

KCCA

0.78

Winner

FMCX

0.79

5Y Beta

Winner

KCCA

-0.11

FMCX

0.76

P/E Ratio

KCCA

N/A

FMCX

29.46

Forward P/E

KCCA

N/A

FMCX

23.39

PEG Ratio

KCCA

N/A

FMCX

0.71

5Y EPS CAGR

KCCA

N/A

FMCX

15.54%

Debt to Equity

KCCA

N/A

FMCX

-2.87%

P/S Ratio

KCCA

N/A

FMCX

3.76

P/B Ratio

KCCA

N/A

FMCX

5.21

KCCA vs FMCX - Holdings Comparison

KCCA and FMCX have 0 common holdings. Overlap is 0.00%

KCCA's top 25 holdings weight is 80.75%. FMCX's top 25 holdings weight is 88.25%.

Rank	KCCA	FMCX
#1	KRANESHARES SUST ULTRA SHRT DUR IDX ETF (KCSH) - 75.88%	MICROSOFT CORP (MSFT) - 6.79%
#2	STATE STREET INSTL US GOVT MMKT PREMIER (GVMXX) - 4.87%	GE AEROSPACE (GE) - 5.53%
#3	N/A	KKR & CO INC ORDINARY SHARES (KKR) - 5.42%
#4	N/A	GOLDMAN SACHS FS GOVERNMENT INSTL (FGTXX) - 5.04%
#5	N/A	BERKSHIRE HATHAWAY INC CLASS A (BRK-A) - 4.82%
#6	N/A	O'REILLY AUTOMOTIVE INC (ORLY) - 4.39%
#7	N/A	DANAHER CORP (DHR) - 4.33%
#8	N/A	LINDE PLC (LIN) - 3.64%
#9	N/A	BROADCOM INC (AVGO) - 3.64%
#10	N/A	APPLIED MATERIALS INC (AMAT) - 3.53%
#11	N/A	VERALTO CORP (VLTO) - 3.44%
#12	N/A	AMAZON.COM INC (AMZN) - 3.33%
#13	N/A	BLACKLINE INC (BL) - 3.32%
#14	N/A	AUTOZONE INC (AZO) - 3.11%
#15	N/A	ASML HOLDING NV ADR (ASML) - 2.99%
#16	N/A	INTEL CORP (INTC) - 2.93%
#17	N/A	NIKE INC CLASS B (NKE) - 2.83%
#18	N/A	CHUBB LTD (CB) - 2.68%
#19	N/A	HONEYWELL INTERNATIONAL INC (HON) - 2.62%
#20	N/A	SALESFORCE INC (CRM) - 2.45%
#21	N/A	UNITEDHEALTH GROUP INC (UNH) - 2.44%
#22	N/A	UNION PACIFIC CORP (UNP) - 2.39%
#23	N/A	ORACLE CORP (ORCL) - 2.25%
#24	N/A	GE VERNOVA INC (GEV) - 2.22%
#25	N/A	POOL CORP (POOL) - 2.12%
Total Holdings	2	33

KCCA vs FMCX - Historical Returns

Returns include dividend reinvestment.

Period	KCCA	FMCX
1 month	+8.05%	+2.39%
3 months	+11.54%	+11.97%
6 months	+0.91%	+6.45%
1 year	+15.86%	+15.75%
5 years(CAGR)	-2.85%	+10.96%
Max(CAGR)	-2.85%	+10.96%

Winner

KCCA

+8.05%

FMCX

+2.39%

KCCA

+11.54%

Winner

FMCX

+11.97%

KCCA

+0.91%

Winner

FMCX

+6.45%

Winner

KCCA

+15.86%

FMCX

+15.75%

5Y(CAGR)

KCCA

-2.85%

Winner

FMCX

+10.96%

Max(CAGR)

KCCA

-2.85%

Winner

FMCX

+10.96%

KCCA vs FMCX - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	KCCA	FMCX
2026	-3.82%	+6.83%
2025	-11.72%	+11.52%
2024	-15.68%	+20.26%
2023	+36.55%	+22.02%
2022	-19.70%	-11.16%
2021	+8.91%	N/A

KCCA vs FMCX 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 FMCX was -17.70%, occurring on Apr 8, 2025. Recovery took 106 trading sessions.

The current KCCA drawdown is -30.57%. The current FMCX drawdown is -0.59%.

Rank	KCCA	FMCX
#1	-41.11% Feb 5, 2024 - Apr 14, 2025	-17.70% Jan 23, 2025 - Jun 26, 2025
#2	-34.85% Nov 15, 2021 - Jan 5, 2024	-17.33% Aug 16, 2022 - Jun 15, 2023
#3	-7.15% Oct 5, 2021 - Oct 22, 2021	-15.15% Apr 25, 2022 - Aug 15, 2022
#4	-2.08% Oct 25, 2021 - Oct 29, 2021	-12.59% Jan 12, 2026 - Apr 30, 2026
#5	-1.69% Jan 19, 2024 - Feb 1, 2024	-11.66% Jul 25, 2023 - Nov 30, 2023
#6	-1.40% Nov 1, 2021 - Nov 9, 2021	-6.71% Jul 16, 2024 - Aug 19, 2024
#7	-1.32% Jan 8, 2024 - Jan 17, 2024	-6.22% Oct 6, 2025 - Jan 9, 2026
#8	-0.16% Jan 17, 2024 - Jan 19, 2024	-6.01% Mar 21, 2024 - Jun 21, 2024
#9	N/A	-5.84% Dec 6, 2024 - Jan 22, 2025
#10	N/A	-4.26% Aug 30, 2024 - Sep 16, 2024
#11	N/A	-4.21% Jun 1, 2026 - Jun 10, 2026
#12	N/A	-3.86% Oct 18, 2024 - Nov 7, 2024
#13	N/A	-3.09% May 8, 2026 - Jun 1, 2026
#14	N/A	-2.62% Dec 15, 2023 - Jan 19, 2024
#15	N/A	-2.59% Jun 15, 2023 - Jun 30, 2023

Correlation

Correlation between KCCA and FMCX is -0.39 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.39

-101