KMLI vs IBGC

Comparison between KraneShares 2x Long MELI Daily ETF (KMLI, ETF) and iShares iBonds Dec 2046 Term Treasury ETF (IBGC, ETF).

KMLI vs IBGC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KMLI(ETF)	IBGC(ETF)
Net Assets	$8.80M	$8.80M
Expense Ratio	N/A	0.07%
Max Drawdown	75.82%	4.67%
Sharpe Ratio	-0.73	-0.67
5Y Beta	2.33	0.24

Net Assets

KMLI

$8.80M

IBGC

$8.80M

Expense Ratio

KMLI

N/A

IBGC

0.07%

Max Drawdown

KMLI

75.82%

Winner

IBGC

4.67%

Sharpe Ratio

KMLI

-0.73

Winner

IBGC

-0.67

5Y Beta

KMLI

2.33

Winner

IBGC

0.24

KMLI vs IBGC - Historical Returns

Returns include dividend reinvestment.

Period	KMLI	IBGC
1 month	+29.39%	-2.00%
3 months	-10.72%	-2.01%
6 months	-33.01%	N/A
1 year	-56.50%	N/A
Max(CAGR)	-53.49%	-2.01%

Winner

KMLI

+29.39%

IBGC

-2.00%

KMLI

-10.72%

Winner

IBGC

-2.01%

KMLI

-33.01%

IBGC

N/A

KMLI

-56.50%

IBGC

N/A

Max(CAGR)

KMLI

-53.49%

Winner

IBGC

-2.01%

KMLI vs IBGC - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	KMLI	IBGC
2026	-28.09%	-0.65%
2025	-37.96%	N/A

KMLI vs IBGC Drawdown Comparison

The maximum drawdown for KMLI was -73.22%, occurring on May 15, 2026. This drawdown has not yet recovered.

The maximum drawdown for IBGC was -4.29%, occurring on May 19, 2026. Recovery took 49 trading sessions.

The current KMLI drawdown is -64.41%. The current IBGC drawdown is -3.57%.

Rank	KMLI	IBGC
#1	-73.22% Jun 30, 2025 - May 15, 2026	-4.29% Apr 14, 2026 - Jun 24, 2026
#2	-5.01% Jun 16, 2025 - Jun 24, 2025	-3.57% Jun 29, 2026 - Jul 21, 2026
#3	N/A	-0.44% Apr 8, 2026 - Apr 14, 2026
#4	N/A	-0.36% Mar 26, 2026 - Mar 30, 2026
#5	N/A	-0.24% Mar 31, 2026 - Apr 2, 2026
#6	N/A	-0.20% Apr 2, 2026 - Apr 8, 2026
#7	N/A	-0.00% Jun 24, 2026 - Jun 26, 2026

Correlation

Correlation between KMLI and IBGC is -0.69 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.69

-101