KMLM vs VALQ

Comparison between KRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF (KMLM, ETF) and AMERICAN CENTURY U.S. QUALITY VALUE ETF (VALQ, ETF).

5-Year PerformanceVALQ has outperformed KMLM, delivering a return of +8.4% compared to +4.0%

KMLM vs VALQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KMLM(ETF)	VALQ(ETF)
Net Assets	$307M	$306M
Expense Ratio	0.90%	0.29%
Max Drawdown	36.50%	38.19%
Sharpe Ratio	0.76	0.98
5Y Beta	0.03	0.69
P/E Ratio	N/A	19.57
Forward P/E	N/A	15.50
PEG Ratio	N/A	0.50
5Y Dividends CAGR	N/A	10.43%
5Y EPS CAGR	N/A	12.20%
Debt to Equity	N/A	78.11%
P/S Ratio	N/A	1.94
P/B Ratio	N/A	4.37

Net Assets

Winner

KMLM

$307M

VALQ

$306M

Expense Ratio

KMLM

0.90%

Winner

VALQ

0.29%

Max Drawdown

Winner

KMLM

36.50%

VALQ

38.19%

Sharpe Ratio

KMLM

0.76

Winner

VALQ

0.98

5Y Beta

Winner

KMLM

0.03

VALQ

0.69

P/E Ratio

KMLM

N/A

VALQ

19.57

Forward P/E

KMLM

N/A

VALQ

15.50

PEG Ratio

KMLM

N/A

VALQ

0.50

5Y Dividends CAGR

KMLM

N/A

VALQ

10.43%

5Y EPS CAGR

KMLM

N/A

VALQ

12.20%

Debt to Equity

KMLM

N/A

VALQ

78.11%

P/S Ratio

KMLM

N/A

VALQ

1.94

P/B Ratio

KMLM

N/A

VALQ

4.37

KMLM vs VALQ - Historical Returns

Returns include dividend reinvestment.

Period	KMLM	VALQ
1 month	-3.83%	+3.52%
3 months	+4.03%	+1.47%
6 months	+12.47%	+4.62%
1 year	+11.83%	+15.38%
5 years(CAGR)	+4.01%	+8.44%
10 years(CAGR)	N/A	+8.72%
Max(CAGR)	+6.94%	+8.72%

KMLM

-3.83%

Winner

VALQ

+3.52%

Winner

KMLM

+4.03%

VALQ

+1.47%

Winner

KMLM

+12.47%

VALQ

+4.62%

KMLM

+11.83%

Winner

VALQ

+15.38%

5Y(CAGR)

KMLM

+4.01%

Winner

VALQ

+8.44%

10Y(CAGR)

KMLM

N/A

VALQ

+8.72%

Max(CAGR)

KMLM

+6.94%

Winner

VALQ

+8.72%

KMLM vs VALQ - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	KMLM	VALQ
2026	+8.74%	+4.01%
2025	-3.67%	+10.83%
2024	-1.15%	+16.88%
2023	-6.25%	+13.99%
2022	+29.44%	-7.93%
2021	+7.37%	+28.72%
2020	+5.40%	+0.66%
2019	N/A	+24.50%
2018	N/A	-10.45%

KMLM vs VALQ 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 VALQ was -38.19%, occurring on Mar 23, 2020. Recovery took 227 trading sessions.

The current KMLM drawdown is -14.93%. The current VALQ drawdown is -1.50%.

Rank	KMLM	VALQ
#1	-27.61% Oct 14, 2022 - Jun 20, 2025	-38.19% Feb 12, 2020 - Jan 6, 2021
#2	-14.93% Jun 13, 2022 - Sep 26, 2022	-20.19% Apr 20, 2022 - Dec 11, 2023
#3	-9.11% May 12, 2021 - Feb 4, 2022	-18.24% Sep 20, 2018 - Sep 11, 2019
#4	-6.19% Mar 8, 2022 - Mar 24, 2022	-15.62% Feb 19, 2025 - Aug 13, 2025
#5	-6.02% Sep 27, 2022 - Oct 10, 2022	-9.45% Jan 26, 2018 - Aug 17, 2018
#6	-5.93% Feb 24, 2021 - Apr 26, 2021	-8.36% Jan 4, 2022 - Apr 20, 2022
#7	-4.58% Apr 18, 2022 - May 4, 2022	-7.85% Feb 6, 2026 - Jun 1, 2026
#8	-3.99% Mar 25, 2022 - Apr 8, 2022	-6.61% Mar 28, 2024 - Jul 16, 2024
#9	-3.60% May 6, 2022 - May 17, 2022	-6.11% Dec 2, 2024 - Feb 19, 2025
#10	-3.57% May 17, 2022 - Jun 6, 2022	-5.70% Sep 2, 2021 - Nov 12, 2021
#11	-3.46% Jan 5, 2021 - Jan 14, 2021	-5.30% Nov 15, 2021 - Dec 23, 2021
#12	-2.85% Feb 24, 2022 - Mar 2, 2022	-5.02% Jul 16, 2024 - Aug 19, 2024
#13	-2.05% Jan 14, 2021 - Feb 8, 2021	-4.62% Oct 27, 2025 - Nov 28, 2025
#14	-1.72% Feb 14, 2022 - Feb 23, 2022	-4.24% Jan 17, 2020 - Feb 12, 2020
#15	-1.50% Dec 23, 2020 - Dec 29, 2020	-4.01% May 10, 2021 - Jul 23, 2021