KCCA vs MSFO

Comparison between KRANESHARES CALIFORNIA CARBON ALLOWANCE STRATEGY ETF (KCCA, ETF) and YIELDMAX(R) MSFT OPTION INCOME STRATEGY ETF (MSFO, ETF).

KCCA vs MSFO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KCCA(ETF)	MSFO(ETF)
Net Assets	$114M	$114M
Expense Ratio	0.95%	1.03%
Max Drawdown	54.18%	57.17%
Sharpe Ratio	0.47	-0.01
5Y Beta	-0.09	0.76

Net Assets

Winner

KCCA

$114M

MSFO

$114M

Expense Ratio

Winner

KCCA

0.95%

MSFO

1.03%

Max Drawdown

Winner

KCCA

54.18%

MSFO

57.17%

Sharpe Ratio

Winner

KCCA

0.47

MSFO

-0.01

5Y Beta

Winner

KCCA

-0.09

MSFO

0.76

KCCA vs MSFO - Holdings Comparison

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

KCCA's top 25 holdings weight is 81.29%. MSFO's top 25 holdings weight is 3.06%.

Rank	KCCA	MSFO
#1	KRANESHARES SUST ULTRA SHRT DUR IDX ETF (KCSH) - 78.46%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 3.06%
#2	STATE STREET INSTL US GOVT MMKT PREMIER (GVMXX) - 2.83%	N/A
#3	N/A	N/A
#4	N/A	N/A
#5	N/A	N/A
#6	N/A	N/A
#7	N/A	N/A
#8	N/A	N/A
#9	N/A	N/A
#10	N/A	N/A
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	2	1

KCCA vs MSFO - Historical Returns

Returns include dividend reinvestment.

Period	KCCA	MSFO
1 month	+2.34%	+24.62%
3 months	+8.18%	+12.69%
6 months	+12.31%	+18.89%
1 year	+11.28%	-0.06%
5 years(CAGR)	-2.10%	N/A
Max(CAGR)	-2.10%	+15.31%

KCCA

+2.34%

Winner

MSFO

+24.62%

KCCA

+8.18%

Winner

MSFO

+12.69%

KCCA

+12.31%

Winner

MSFO

+18.89%

Winner

KCCA

+11.28%

MSFO

-0.06%

5Y(CAGR)

KCCA

-2.10%

MSFO

N/A

Max(CAGR)

KCCA

-2.10%

Winner

MSFO

+15.31%

KCCA vs MSFO - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	KCCA	MSFO
2026	-0.70%	+3.86%
2025	-11.72%	+15.23%
2024	-15.68%	+11.85%
2023	+36.55%	+18.32%
2022	-19.70%	N/A
2021	+8.91%	N/A

KCCA vs MSFO 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 MSFO was -29.58%, occurring on Jun 25, 2026. This drawdown has not yet recovered.

The current KCCA drawdown is -28.32%. The current MSFO drawdown is -6.78%.

Rank	KCCA	MSFO
#1	-41.11% Feb 5, 2024 - Apr 14, 2025	-29.58% Oct 28, 2025 - Jun 25, 2026
#2	-34.85% Nov 15, 2021 - Jan 5, 2024	-19.13% Jul 5, 2024 - May 27, 2025
#3	-7.15% Oct 5, 2021 - Oct 22, 2021	-7.30% Apr 11, 2024 - May 20, 2024
#4	-2.08% Oct 25, 2021 - Oct 29, 2021	-6.81% Sep 14, 2023 - Oct 24, 2023
#5	-1.69% Jan 19, 2024 - Feb 1, 2024	-6.35% Aug 4, 2025 - Oct 27, 2025
#6	-1.40% Nov 1, 2021 - Nov 9, 2021	-3.72% Feb 8, 2024 - Mar 1, 2024
#7	-1.32% Jan 8, 2024 - Jan 17, 2024	-3.65% Oct 25, 2023 - Nov 1, 2023
#8	-0.16% Jan 17, 2024 - Jan 19, 2024	-3.35% May 24, 2024 - Jun 11, 2024
#9	N/A	-2.73% Nov 28, 2023 - Dec 22, 2023
#10	N/A	-2.48% Mar 4, 2024 - Mar 12, 2024
#11	N/A	-2.01% Dec 29, 2023 - Jan 8, 2024
#12	N/A	-1.70% Mar 22, 2024 - Apr 9, 2024
#13	N/A	-1.58% Jul 31, 2025 - Aug 4, 2025
#14	N/A	-1.43% Jan 29, 2024 - Feb 2, 2024
#15	N/A	-1.23% Jun 30, 2025 - Jul 3, 2025

Correlation

Correlation between KCCA and MSFO is -0.53 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.53

-101