KMLI vs LMTL

Comparison between KraneShares 2x Long MELI Daily ETF (KMLI, ETF) and Direxion Daily LMT Bull 2X ETF (LMTL, ETF).

KMLI vs LMTL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KMLI(ETF)	LMTL(ETF)
Net Assets	$6.50M	$6.50M
Max Drawdown	75.82%	45.94%
Sharpe Ratio	-1.02	0.88
5Y Beta	2.49	0.30

Net Assets

KMLI

$6.50M

LMTL

$6.50M

Max Drawdown

KMLI

75.82%

Winner

LMTL

45.94%

Sharpe Ratio

KMLI

-1.02

Winner

LMTL

0.88

5Y Beta

KMLI

2.49

Winner

LMTL

0.30

KMLI vs LMTL - Holdings Comparison

KMLI and LMTL have 0 common holdings. Overlap is 0.00%

KMLI's top 25 holdings weight is -1.60%. LMTL's top 25 holdings weight is 13.02%.

Rank	KMLI	LMTL
#1	MERCADOLIBRE INC (MELI) - -1.60%	LOCKHEED MARTIN CORP (LMT) - 13.02%
#2	N/A	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	1	1

KMLI vs LMTL - Historical Returns

Returns include dividend reinvestment.

Period	KMLI	LMTL
1 month	-25.24%	+6.11%
3 months	-25.18%	-37.84%
6 months	-48.41%	+25.70%
1 year	-65.75%	+33.42%
Max(CAGR)	-66.49%	+41.56%

KMLI

-25.24%

Winner

LMTL

+6.11%

Winner

KMLI

-25.18%

LMTL

-37.84%

KMLI

-48.41%

Winner

LMTL

+25.70%

KMLI

-65.75%

Winner

LMTL

+33.42%

Max(CAGR)

KMLI

-66.49%

Winner

LMTL

+41.56%

KMLI vs LMTL - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	KMLI	LMTL
2026	-42.57%	+5.34%
2025	-37.96%	+20.59%

KMLI vs LMTL 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 LMTL was -45.74%, occurring on May 8, 2026. This drawdown has not yet recovered.

The current KMLI drawdown is -71.58%. The current LMTL drawdown is -41.94%.

Rank	KMLI	LMTL
#1	-73.22% Jun 30, 2025 - May 15, 2026	-45.74% Mar 2, 2026 - May 8, 2026
#2	-5.01% Jun 16, 2025 - Jun 24, 2025	-27.75% Oct 6, 2025 - Jan 6, 2026
#3	N/A	-10.20% Feb 2, 2026 - Feb 9, 2026
#4	N/A	-9.55% Jan 6, 2026 - Jan 9, 2026
#5	N/A	-8.00% Feb 19, 2026 - Mar 2, 2026
#6	N/A	-4.27% Aug 6, 2025 - Aug 13, 2025
#7	N/A	-4.03% Jan 22, 2026 - Jan 27, 2026
#8	N/A	-3.08% Feb 9, 2026 - Feb 13, 2026
#9	N/A	-2.79% Sep 5, 2025 - Sep 11, 2025
#10	N/A	-2.13% Jan 16, 2026 - Jan 21, 2026
#11	N/A	-2.01% Aug 28, 2025 - Sep 4, 2025
#12	N/A	-1.67% Aug 13, 2025 - Aug 20, 2025
#13	N/A	-0.65% Feb 13, 2026 - Feb 19, 2026
#14	N/A	-0.64% Sep 24, 2025 - Sep 26, 2025
#15	N/A	-0.54% Sep 16, 2025 - Sep 22, 2025

Correlation

Correlation between KMLI and LMTL is -0.38 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.38

-101