KCCA vs JHCB

Comparison between KRANESHARES CALIFORNIA CARBON ALLOWANCE STRATEGY ETF (KCCA, ETF) and JOHN HANCOCK CORPORATE BOND ETF (JHCB, ETF).

5-Year PerformanceJHCB has outperformed KCCA, delivering a return of +0.6% compared to -2.7%

KCCA vs JHCB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KCCA(ETF)	JHCB(ETF)
Net Assets	$107M	$107M
Expense Ratio	0.91%	0.29%
Max Drawdown	54.18%	25.82%
Sharpe Ratio	0.87	0.25
5Y Beta	-0.11	0.12
5Y Dividends CAGR	N/A	62.08%

Net Assets

KCCA

$107M

Winner

JHCB

$107M

Expense Ratio

KCCA

0.91%

Winner

JHCB

0.29%

Max Drawdown

KCCA

54.18%

Winner

JHCB

25.82%

Sharpe Ratio

Winner

KCCA

0.87

JHCB

0.25

5Y Beta

Winner

KCCA

-0.11

JHCB

0.12

5Y Dividends CAGR

KCCA

N/A

JHCB

62.08%

KCCA vs JHCB - Historical Returns

Returns include dividend reinvestment.

Period	KCCA	JHCB
1 month	+11.60%	-0.04%
3 months	+9.89%	-0.60%
6 months	+2.69%	-0.20%
1 year	+16.64%	+5.06%
5 years(CAGR)	-2.72%	+0.58%
Max(CAGR)	-2.72%	+0.97%

Winner

KCCA

+11.60%

JHCB

-0.04%

Winner

KCCA

+9.89%

JHCB

-0.60%

Winner

KCCA

+2.69%

JHCB

-0.20%

Winner

KCCA

+16.64%

JHCB

+5.06%

5Y(CAGR)

KCCA

-2.72%

Winner

JHCB

+0.58%

Max(CAGR)

KCCA

-2.72%

Winner

JHCB

+0.97%

KCCA vs JHCB - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	KCCA	JHCB
2026	-3.14%	+0.04%
2025	-11.72%	+8.02%
2024	-15.68%	+3.54%
2023	+36.55%	+8.49%
2022	-19.70%	-15.13%
2021	+8.91%	+3.41%

KCCA vs JHCB 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 JHCB was -22.60%, occurring on Oct 20, 2022. Recovery took 1055 trading sessions.

The current KCCA drawdown is -30.08%. The current JHCB drawdown is -1.34%.

Rank	KCCA	JHCB
#1	-41.11% Feb 5, 2024 - Apr 14, 2025	-22.60% Aug 3, 2021 - Oct 15, 2025
#2	-34.85% Nov 15, 2021 - Jan 5, 2024	-3.16% Feb 20, 2026 - Mar 27, 2026
#3	-7.15% Oct 5, 2021 - Oct 22, 2021	-1.55% Oct 28, 2025 - Feb 12, 2026
#4	-2.08% Oct 25, 2021 - Oct 29, 2021	-1.00% May 7, 2021 - May 25, 2021
#5	-1.69% Jan 19, 2024 - Feb 1, 2024	-0.76% Jul 7, 2021 - Jul 15, 2021
#6	-1.40% Nov 1, 2021 - Nov 9, 2021	-0.74% Apr 15, 2021 - May 6, 2021
#7	-1.32% Jan 8, 2024 - Jan 17, 2024	-0.69% Jun 18, 2021 - Jul 2, 2021
#8	-0.16% Jan 17, 2024 - Jan 19, 2024	-0.67% Jun 11, 2021 - Jun 18, 2021
#9	N/A	-0.50% Jul 19, 2021 - Aug 2, 2021
#10	N/A	-0.34% Apr 1, 2021 - Apr 6, 2021
#11	N/A	-0.26% Apr 8, 2021 - Apr 13, 2021
#12	N/A	-0.26% Jun 2, 2021 - Jun 4, 2021
#13	N/A	-0.21% Apr 6, 2021 - Apr 8, 2021
#14	N/A	-0.19% May 26, 2021 - Jun 2, 2021
#15	N/A	-0.14% Oct 22, 2025 - Oct 24, 2025

Correlation

Correlation between KCCA and JHCB is -0.37 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.37

-101