KMLM vs WEAT

Comparison between KRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF (KMLM, ETF) and Teucrium Wheat Fund (WEAT, ETF).

5-Year PerformanceKMLM has outperformed WEAT, delivering a return of +4.1% compared to -8.1%

KMLM vs WEAT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KMLM(ETF)	WEAT(ETF)
Net Assets	$327M	$326M
Expense Ratio	0.90%	1.00%
Max Drawdown	36.50%	84.32%
Sharpe Ratio	0.76	-0.11
5Y Beta	0.02	-0.05

Net Assets

Winner

KMLM

$327M

WEAT

$326M

Expense Ratio

Winner

KMLM

0.90%

WEAT

1.00%

Max Drawdown

Winner

KMLM

36.50%

WEAT

84.32%

Sharpe Ratio

Winner

KMLM

0.76

WEAT

-0.11

5Y Beta

KMLM

0.02

Winner

WEAT

-0.05

KMLM vs WEAT - Historical Returns

Returns include dividend reinvestment.

Period	KMLM	WEAT
1 month	-6.83%	-12.36%
3 months	+0.21%	-2.53%
6 months	+9.64%	+8.82%
1 year	+12.07%	-0.49%
5 years(CAGR)	+4.06%	-8.05%
10 years(CAGR)	N/A	-6.98%
Max(CAGR)	+6.73%	-10.93%

Winner

KMLM

-6.83%

WEAT

-12.36%

Winner

KMLM

+0.21%

WEAT

-2.53%

Winner

KMLM

+9.64%

WEAT

+8.82%

Winner

KMLM

+12.07%

WEAT

-0.49%

5Y(CAGR)

Winner

KMLM

+4.06%

WEAT

-8.05%

10Y(CAGR)

KMLM

N/A

WEAT

-6.98%

Max(CAGR)

Winner

KMLM

+6.73%

WEAT

-10.93%

KMLM vs WEAT - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	KMLM	WEAT
2026	+7.70%	+11.70%
2025	-3.67%	-16.44%
2024	-1.15%	-17.04%
2023	-6.25%	-24.05%
2022	+29.44%	+9.77%
2021	+7.37%	+19.77%
2020	+5.40%	+5.63%
2019	N/A	-2.17%
2018	N/A	-2.47%
2017	N/A	-12.54%
2016	N/A	-23.13%
2015	N/A	-27.11%
2014	N/A	-13.30%
2013	N/A	-28.50%
2012	N/A	-5.08%
2011	N/A	-8.83%

KMLM vs WEAT 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 WEAT was -84.32%, occurring on Dec 17, 2025. This drawdown has not yet recovered.

The current KMLM drawdown is -15.73%. The current WEAT drawdown is -82.38%.

Rank	KMLM	WEAT
#1	-27.61% Oct 14, 2022 - Jun 20, 2025	-84.32% Sep 14, 2012 - Dec 17, 2025
#2	-14.93% Jun 13, 2022 - Sep 26, 2022	-25.21% Sep 20, 2011 - Jul 18, 2012
#3	-9.11% May 12, 2021 - Feb 4, 2022	-6.14% Aug 9, 2012 - Aug 21, 2012
#4	-6.19% Mar 8, 2022 - Mar 24, 2022	-5.20% Aug 21, 2012 - Sep 14, 2012
#5	-6.02% Sep 27, 2022 - Oct 10, 2022	-4.62% Jul 18, 2012 - Aug 9, 2012
#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