KCCA vs RGT

Comparison between KRANESHARES CALIFORNIA CARBON ALLOWANCE STRATEGY ETF (KCCA, ETF) and Royce Global Value Trust Inc (RGT, ETF).

5-Year PerformanceRGT has outperformed KCCA, delivering a return of +4.8% compared to -2.1%

KCCA vs RGT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KCCA(ETF)	RGT(ETF)
Net Assets	$114M	$115M
Expense Ratio	0.95%	N/A
Max Drawdown	54.18%	54.87%
Sharpe Ratio	0.47	1.26
5Y Beta	-0.09	0.75
5Y Dividends CAGR	N/A	61.54%

Net Assets

KCCA

$114M

Winner

RGT

$115M

Expense Ratio

KCCA

0.95%

RGT

N/A

Max Drawdown

Winner

KCCA

54.18%

RGT

54.87%

Sharpe Ratio

KCCA

0.47

Winner

RGT

1.26

5Y Beta

Winner

KCCA

-0.09

RGT

0.75

5Y Dividends CAGR

KCCA

N/A

RGT

61.54%

KCCA vs RGT - Historical Returns

Returns include dividend reinvestment.

Period	KCCA	RGT
1 month	+2.34%	+6.17%
3 months	+8.18%	+8.21%
6 months	+12.31%	+6.13%
1 year	+11.28%	+24.31%
5 years(CAGR)	-2.10%	+4.79%
10 years(CAGR)	N/A	+10.82%
Max(CAGR)	-2.10%	+7.85%

KCCA

+2.34%

Winner

RGT

+6.17%

KCCA

+8.18%

Winner

RGT

+8.21%

Winner

KCCA

+12.31%

RGT

+6.13%

KCCA

+11.28%

Winner

RGT

+24.31%

5Y(CAGR)

KCCA

-2.10%

Winner

RGT

+4.79%

10Y(CAGR)

KCCA

N/A

RGT

+10.82%

Max(CAGR)

KCCA

-2.10%

Winner

RGT

+7.85%

KCCA vs RGT - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	KCCA	RGT
2026	-0.70%	+18.61%
2025	-11.72%	+23.65%
2024	-15.68%	+14.62%
2023	+36.55%	+13.52%
2022	-19.70%	-33.74%
2021	+8.91%	+18.18%
2020	N/A	+22.45%
2019	N/A	+32.95%
2018	N/A	-17.79%
2017	N/A	+35.15%
2016	N/A	+12.93%
2015	N/A	-7.57%
2014	N/A	-9.15%
2013	N/A	+4.10%

KCCA vs RGT 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 RGT was -46.83%, occurring on Mar 18, 2020. Recovery took 104 trading sessions.

The current KCCA drawdown is -28.32%. The current RGT drawdown is -0.58%.

Rank	KCCA	RGT
#1	-41.11% Feb 5, 2024 - Apr 14, 2025	-46.83% Feb 20, 2020 - Jul 20, 2020
#2	-34.85% Nov 15, 2021 - Jan 5, 2024	-45.81% Dec 9, 2021 - Jan 12, 2026
#3	-7.15% Oct 5, 2021 - Oct 22, 2021	-34.94% Jul 2, 2014 - May 24, 2017
#4	-2.08% Oct 25, 2021 - Oct 29, 2021	-28.81% Jan 26, 2018 - Dec 26, 2019
#5	-1.69% Jan 19, 2024 - Feb 1, 2024	-12.81% Jan 29, 2026 - Jul 30, 2026
#6	-1.40% Nov 1, 2021 - Nov 9, 2021	-10.76% Aug 18, 2020 - Oct 12, 2020
#7	-1.32% Jan 8, 2024 - Jan 17, 2024	-8.34% Dec 17, 2020 - Mar 15, 2021
#8	-0.16% Jan 17, 2024 - Jan 19, 2024	-8.06% Oct 21, 2013 - May 23, 2014
#9	N/A	-7.64% Oct 13, 2020 - Nov 6, 2020
#10	N/A	-7.42% Sep 3, 2021 - Nov 4, 2021
#11	N/A	-7.09% Nov 8, 2021 - Dec 8, 2021
#12	N/A	-4.69% Oct 16, 2017 - Nov 24, 2017
#13	N/A	-4.03% Apr 19, 2021 - May 27, 2021
#14	N/A	-4.00% Jul 9, 2021 - Aug 2, 2021
#15	N/A	-3.81% Aug 2, 2017 - Sep 12, 2017

Correlation

Correlation between KCCA and RGT is -0.41 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.41

-101