KCCA vs PGRO

Comparison between KRANESHARES CALIFORNIA CARBON ALLOWANCE STRATEGY ETF (KCCA, ETF) and Putnam Focused Large Cap Growth ETF (PGRO, ETF).

5-Year PerformancePGRO has outperformed KCCA, delivering a return of +13.3% compared to -2.7%

KCCA vs PGRO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KCCA(ETF)	PGRO(ETF)
Net Assets	$107M	$107M
Expense Ratio	0.91%	0.49%
Max Drawdown	54.18%	34.73%
Sharpe Ratio	0.87	0.97
5Y Beta	-0.11	1.23
P/E Ratio	N/A	39.92
Forward P/E	N/A	30.60
PEG Ratio	N/A	0.54
5Y EPS CAGR	N/A	35.13%
Debt to Equity	N/A	34.74%
P/S Ratio	N/A	8.22
P/B Ratio	N/A	14.98

Net Assets

KCCA

$107M

Winner

PGRO

$107M

Expense Ratio

KCCA

0.91%

Winner

PGRO

0.49%

Max Drawdown

KCCA

54.18%

Winner

PGRO

34.73%

Sharpe Ratio

KCCA

0.87

Winner

PGRO

0.97

5Y Beta

Winner

KCCA

-0.11

PGRO

1.23

P/E Ratio

KCCA

N/A

PGRO

39.92

Forward P/E

KCCA

N/A

PGRO

30.60

PEG Ratio

KCCA

N/A

PGRO

0.54

5Y EPS CAGR

KCCA

N/A

PGRO

35.13%

Debt to Equity

KCCA

N/A

PGRO

34.74%

P/S Ratio

KCCA

N/A

PGRO

8.22

P/B Ratio

KCCA

N/A

PGRO

14.98

KCCA vs PGRO - Holdings Comparison

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

KCCA's top 25 holdings weight is 85.06%. PGRO's top 25 holdings weight is 93.29%.

Rank	KCCA	PGRO
#1	KRANESHARES SUST ULTRA SHRT DUR IDX ETF (KCSH) - 78.63%	NVIDIA CORP (NVDA) - 15.23%
#2	STATE STREET INSTL US GOVT MMKT PREMIER (GVMXX) - 6.43%	APPLE INC (AAPL) - 10.01%
#3	N/A	MICROSOFT CORP (MSFT) - 7.58%
#4	N/A	BROADCOM INC (AVGO) - 7.28%
#5	N/A	ALPHABET INC CLASS A (GOOGL) - 6.13%
#6	N/A	AMAZON.COM INC (AMZN) - 4.92%
#7	N/A	META PLATFORMS INC CLASS A (META) - 4.19%
#8	N/A	ELI LILLY AND CO (LLY) - 3.91%
#9	N/A	TESLA INC (TSLA) - 3.14%
#10	N/A	ADVANCED MICRO DEVICES INC (AMD) - 2.82%
#11	N/A	COSTCO WHOLESALE CORP (COST) - 2.77%
#12	N/A	MASTERCARD INC CLASS A (MA) - 2.68%
#13	N/A	LAM RESEARCH CORP (LRCX) - 2.58%
#14	N/A	PUTNAM GOVERNMENT MONEY MARKET P (PGLXX) - 2.57%
#15	N/A	GE VERNOVA INC (GEV) - 2.55%
#16	N/A	VISA INC CLASS A (V) - 2.45%
#17	N/A	CADENCE DESIGN SYSTEMS INC (CDNS) - 1.80%
#18	N/A	TRANE TECHNOLOGIES PLC CLASS A (TT) - 1.56%
#19	N/A	ORACLE CORP (ORCL) - 1.48%
#20	N/A	CATERPILLAR INC (CAT) - 1.47%
#21	N/A	ABBVIE INC (ABBV) - 1.35%
#22	N/A	INTUITIVE SURGICAL INC (ISRG) - 1.32%
#23	N/A	VULCAN MATERIALS CO (VMC) - 1.22%
#24	N/A	LIVE NATION ENTERTAINMENT INC (LYV) - 1.20%
#25	N/A	SPOTIFY TECHNOLOGY SA (SPOT) - 1.08%
Total Holdings	2	34

KCCA vs PGRO - Historical Returns

Returns include dividend reinvestment.

Period	KCCA	PGRO
1 month	+11.60%	+1.83%
3 months	+9.89%	+9.95%
6 months	+2.69%	+4.07%
1 year	+16.64%	+20.66%
5 years(CAGR)	-2.72%	+13.26%
Max(CAGR)	-2.72%	+13.40%

Winner

KCCA

+11.60%

PGRO

+1.83%

KCCA

+9.89%

Winner

PGRO

+9.95%

KCCA

+2.69%

Winner

PGRO

+4.07%

KCCA

+16.64%

Winner

PGRO

+20.66%

5Y(CAGR)

KCCA

-2.72%

Winner

PGRO

+13.26%

Max(CAGR)

KCCA

-2.72%

Winner

PGRO

+13.40%

KCCA vs PGRO - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	KCCA	PGRO
2026	-3.14%	+5.50%
2025	-11.72%	+15.55%
2024	-15.68%	+36.33%
2023	+36.55%	+46.03%
2022	-19.70%	-31.86%
2021	+8.91%	+16.67%

KCCA vs PGRO 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 PGRO was -34.73%, occurring on Oct 14, 2022. Recovery took 542 trading sessions.

The current KCCA drawdown is -30.08%. The current PGRO drawdown is -4.65%.

Rank	KCCA	PGRO
#1	-41.11% Feb 5, 2024 - Apr 14, 2025	-34.73% Nov 19, 2021 - Jan 19, 2024
#2	-34.85% Nov 15, 2021 - Jan 5, 2024	-23.31% Dec 16, 2024 - Jun 26, 2025
#3	-7.15% Oct 5, 2021 - Oct 22, 2021	-16.34% Oct 29, 2025 - May 6, 2026
#4	-2.08% Oct 25, 2021 - Oct 29, 2021	-14.28% Jul 10, 2024 - Oct 22, 2024
#5	-1.69% Jan 19, 2024 - Feb 1, 2024	-8.19% Sep 7, 2021 - Nov 3, 2021
#6	-1.40% Nov 1, 2021 - Nov 9, 2021	-7.73% Mar 21, 2024 - May 15, 2024
#7	-1.32% Jan 8, 2024 - Jan 17, 2024	-4.65% Jun 1, 2026 - Jun 5, 2026
#8	-0.16% Jan 17, 2024 - Jan 19, 2024	-3.46% Oct 29, 2024 - Nov 6, 2024
#9	N/A	-3.35% Feb 9, 2024 - Feb 22, 2024
#10	N/A	-3.29% Sep 22, 2025 - Oct 24, 2025
#11	N/A	-2.92% May 14, 2026 - May 28, 2026
#12	N/A	-2.87% Nov 13, 2024 - Dec 2, 2024
#13	N/A	-2.69% Jul 12, 2021 - Jul 22, 2021
#14	N/A	-2.65% Aug 14, 2025 - Aug 28, 2025
#15	N/A	-2.50% Jun 18, 2024 - Jul 2, 2024

Correlation

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

-0.37

-101