KMLM vs SPXS
Comparison between KRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF (KMLM, ETF) and DIREXION DAILY S&P 500(R) BEAR 3X SHARES (SPXS, ETF).
5-Year PerformanceKMLM has outperformed SPXS, delivering a return of +6.1% compared to -33.1%
KMLM vs SPXS - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
KMLM vs SPXS - Historical Returns
Returns include dividend reinvestment.
KMLM vs SPXS - Annual Returns (2008 - 2026)
Returns include dividend reinvestment.
| Year | KMLM | SPXS |
|---|---|---|
| 2026 | +12.80% | -23.78% |
| 2025 | -3.67% | -41.98% |
| 2024 | -1.15% | -43.78% |
| 2023 | -6.25% | -46.63% |
| 2022 | +29.44% | +38.60% |
| 2021 | +7.37% | -59.75% |
| 2020 | +5.40% | -69.64% |
| 2019 | N/A | -56.42% |
| 2018 | N/A | +5.66% |
| 2017 | N/A | -43.20% |
| 2016 | N/A | -38.78% |
| 2015 | N/A | -18.14% |
| 2014 | N/A | -39.64% |
| 2013 | N/A | -57.52% |
| 2012 | N/A | -39.97% |
| 2011 | N/A | -30.76% |
| 2010 | N/A | -46.06% |
| 2009 | N/A | -67.89% |
| 2008 | N/A | -43.19% |
KMLM vs SPXS Drawdown Comparison
The maximum drawdown for KMLM was -27.61%, occurring on Jun 20, 2025. This drawdown has not yet recovered.
The maximum drawdown for SPXS was -100.00%, occurring on Jun 2, 2026. This drawdown has not yet recovered.
The current KMLM drawdown is -11.75%. The current SPXS drawdown is -100.00%.
| Rank | KMLM | SPXS |
|---|---|---|
| #1 | -27.61% Oct 14, 2022 - Jun 20, 2025 | -100.00% Nov 20, 2008 - Jun 2, 2026 |
| #2 | -14.93% Jun 13, 2022 - Sep 26, 2022 | N/A |
| #3 | -9.11% May 12, 2021 - Feb 4, 2022 | N/A |
| #4 | -6.19% Mar 8, 2022 - Mar 24, 2022 | N/A |
| #5 | -6.02% Sep 27, 2022 - Oct 10, 2022 | N/A |
| #6 | -5.93% Feb 24, 2021 - Apr 26, 2021 | N/A |
| #7 | -4.58% Apr 18, 2022 - May 4, 2022 | N/A |
| #8 | -3.99% Mar 25, 2022 - Apr 8, 2022 | N/A |
| #9 | -3.60% May 6, 2022 - May 17, 2022 | N/A |
| #10 | -3.57% May 17, 2022 - Jun 6, 2022 | N/A |
| #11 | -3.46% Jan 5, 2021 - Jan 14, 2021 | N/A |
| #12 | -2.85% Feb 24, 2022 - Mar 2, 2022 | N/A |
| #13 | -2.05% Jan 14, 2021 - Feb 8, 2021 | N/A |
| #14 | -1.72% Feb 14, 2022 - Feb 23, 2022 | N/A |
| #15 | -1.50% Dec 23, 2020 - Dec 29, 2020 | N/A |
Correlation
Correlation between KMLM and SPXS is -0.29 which considered as a very weak or no correlation - the stocks move independently of each other.
Dividend Comparison (2018 - 2026)
KMLM vs SPXS dividend yield comparison.
| Year | KMLM | SPXS |
|---|---|---|
| 2026 | 0.00% | 2.34% |
| 2025 | 5.02% | 4.93% |
| 2024 | 0.82% | 6.18% |
| 2023 | 0.00% | 5.66% |
| 2022 | 13.22% | 0.00% |
| 2021 | 6.94% | 0.00% |
| 2020 | 0.00% | 0.51% |
| 2019 | 0.00% | 1.74% |
| 2018 | 0.00% | 0.58% |
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