KMLM vs TEI

Comparison between KRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF (KMLM, ETF) and Templeton Emerging Markets Income Fund Inc (TEI, ETF).

5-Year PerformanceTEI has outperformed KMLM, delivering a return of +7.0% compared to +4.1%

KMLM vs TEI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KMLM(ETF)	TEI(ETF)
Net Assets	$327M	$327M
Expense Ratio	0.90%	N/A
Max Drawdown	36.50%	76.06%
Sharpe Ratio	0.76	1.31
5Y Beta	0.02	0.43
5Y Dividends CAGR	N/A	7.86%

Net Assets

KMLM

$327M

Winner

TEI

$327M

Expense Ratio

KMLM

0.90%

TEI

N/A

Max Drawdown

Winner

KMLM

36.50%

TEI

76.06%

Sharpe Ratio

KMLM

0.76

Winner

TEI

1.31

5Y Beta

Winner

KMLM

0.02

TEI

0.43

5Y Dividends CAGR

KMLM

N/A

TEI

7.86%

KMLM vs TEI - Historical Returns

Returns include dividend reinvestment.

Period	KMLM	TEI
1 month	-6.83%	+1.87%
3 months	+0.21%	+3.58%
6 months	+9.64%	+6.52%
1 year	+12.07%	+26.02%
5 years(CAGR)	+4.06%	+6.99%
10 years(CAGR)	N/A	+4.81%
Max(CAGR)	+6.73%	+8.55%

KMLM

-6.83%

Winner

TEI

+1.87%

KMLM

+0.21%

Winner

TEI

+3.58%

Winner

KMLM

+9.64%

TEI

+6.52%

KMLM

+12.07%

Winner

TEI

+26.02%

5Y(CAGR)

KMLM

+4.06%

Winner

TEI

+6.99%

10Y(CAGR)

KMLM

N/A

TEI

+4.81%

Max(CAGR)

KMLM

+6.73%

Winner

TEI

+8.55%

KMLM vs TEI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	KMLM	TEI
2026	+7.70%	+2.79%
2025	-3.67%	+44.74%
2024	-1.15%	+11.55%
2023	-6.25%	+6.58%
2022	+29.44%	-16.16%
2021	+7.37%	+3.72%
2020	+5.40%	-8.82%
2019	N/A	+2.13%
2018	N/A	-6.11%
2017	N/A	+6.64%
2016	N/A	+16.78%
2015	N/A	-4.20%
2014	N/A	-9.18%
2013	N/A	-13.66%
2012	N/A	+23.47%
2011	N/A	+1.47%
2010	N/A	+21.51%
2009	N/A	+60.21%
2008	N/A	-20.82%
2007	N/A	+6.33%
2006	N/A	+17.46%
2005	N/A	-4.45%
2004	N/A	+12.54%
2003	N/A	+29.10%
2002	N/A	+19.26%
2001	N/A	+25.59%
2000	N/A	+15.18%
1999	N/A	-0.70%

KMLM vs TEI 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 TEI was -51.48%, occurring on Nov 20, 2008. Recovery took 313 trading sessions.

The current KMLM drawdown is -15.73%. The current TEI drawdown is -4.81%.

Rank	KMLM	TEI
#1	-27.61% Oct 14, 2022 - Jun 20, 2025	-51.48% May 5, 2008 - Jul 31, 2009
#2	-14.93% Jun 13, 2022 - Sep 26, 2022	-44.66% Mar 8, 2013 - Jun 26, 2025
#3	-9.11% May 12, 2021 - Feb 4, 2022	-22.39% Mar 31, 2004 - Oct 14, 2004
#4	-6.19% Mar 8, 2022 - Mar 24, 2022	-19.35% Jul 17, 2007 - Feb 27, 2008
#5	-6.02% Sep 27, 2022 - Oct 10, 2022	-18.36% May 22, 2002 - Dec 20, 2002
#6	-5.93% Feb 24, 2021 - Apr 26, 2021	-18.17% Jun 8, 2011 - Jul 5, 2012
#7	-4.58% Apr 18, 2022 - May 4, 2022	-14.50% Feb 12, 2026 - Mar 27, 2026
#8	-3.99% Mar 25, 2022 - Apr 8, 2022	-13.64% Mar 9, 2005 - Oct 3, 2005
#9	-3.60% May 6, 2022 - May 17, 2022	-12.96% Jul 2, 2001 - Nov 7, 2001
#10	-3.57% May 17, 2022 - Jun 6, 2022	-12.55% Feb 28, 2006 - Sep 1, 2006
#11	-3.46% Jan 5, 2021 - Jan 14, 2021	-12.24% May 3, 2010 - Jul 9, 2010
#12	-2.85% Feb 24, 2022 - Mar 2, 2022	-12.14% Mar 10, 2003 - May 7, 2003
#13	-2.05% Jan 14, 2021 - Feb 8, 2021	-10.84% Oct 14, 2009 - Nov 18, 2009
#14	-1.72% Feb 14, 2022 - Feb 23, 2022	-10.57% Sep 8, 2000 - Jan 8, 2001
#15	-1.50% Dec 23, 2020 - Dec 29, 2020	-10.09% Jan 11, 2010 - Apr 1, 2010

Correlation

Correlation between KMLM and TEI is -0.28 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.28

-101

Dividend Comparison (1999 - 2026)

KMLM vs TEI dividend yield comparison.

Year	KMLM	TEI
2026	0.00%	3.68%
2025	5.02%	13.57%
2024	0.82%	11.11%
2023	0.00%	11.09%
2022	13.22%	11.88%
2021	6.94%	10.44%
2020	0.00%	7.34%
2019	0.00%	8.51%
2018	0.00%	9.27%
2017	0.00%	5.56%
2016	0.00%	7.33%
2015	0.00%	8.24%
2014	0.00%	10.53%
2013	0.00%	10.58%
2012	0.00%	10.79%
2011	0.00%	9.01%
2010	0.00%	7.58%
2009	0.00%	7.81%
2008	0.00%	15.76%
2007	0.00%	10.18%
2006	0.00%	7.74%
2005	0.00%	7.81%
2004	0.00%	7.27%
2003	0.00%	9.75%
2002	0.00%	10.73%
2001	0.00%	12.61%
2000	0.00%	13.31%
1999	0.00%	3.33%