KNCT vs GCAL
Comparison between INVESCO NEXT GEN CONNECTIVITY ETF (KNCT, ETF) and GOLDMAN SACHS DYNAMIC CALIFORNIA MUNICIPAL INCOME ETF (GCAL, ETF).
KNCT vs GCAL - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
KNCT
$173M
GCAL
$173M
Expense Ratio
KNCT
0.40%
Winner
GCAL
0.30%
Max Drawdown
KNCT
57.18%
Winner
GCAL
5.11%
Sharpe Ratio
Winner
KNCT
1.88
GCAL
0.95
5Y Beta
KNCT
1.20
Winner
GCAL
0.01
P/E Ratio
KNCT
35.45
GCAL
N/A
Forward P/E
KNCT
18.85
GCAL
N/A
PEG Ratio
KNCT
0.08
GCAL
N/A
5Y Dividends CAGR
KNCT
65.14%
GCAL
N/A
5Y EPS CAGR
KNCT
24.07%
GCAL
N/A
Debt to Equity
KNCT
47.54%
GCAL
N/A
P/S Ratio
KNCT
6.34
GCAL
N/A
P/B Ratio
KNCT
7.65
GCAL
N/A
KNCT vs GCAL - Historical Returns
Returns include dividend reinvestment.
1M
KNCT
-6.77%
Winner
GCAL
-1.08%
3M
Winner
KNCT
+17.55%
GCAL
-0.50%
6M
Winner
KNCT
+38.13%
GCAL
+0.16%
1Y
Winner
KNCT
+63.69%
GCAL
+5.35%
5Y(CAGR)
KNCT
+17.03%
GCAL
N/A
10Y(CAGR)
KNCT
+19.40%
GCAL
N/A
Max(CAGR)
Winner
KNCT
+13.39%
GCAL
+3.47%
KNCT vs GCAL - Annual Returns (2005 - 2026)
Returns include dividend reinvestment.
| Year | KNCT | GCAL |
|---|---|---|
| 2026 | +40.95% | +0.65% |
| 2025 | +28.77% | +4.44% |
| 2024 | +21.30% | +1.65% |
| 2023 | +27.92% | N/A |
| 2022 | -28.14% | N/A |
| 2021 | +24.57% | N/A |
| 2020 | +37.18% | N/A |
| 2019 | +27.44% | N/A |
| 2018 | +5.34% | N/A |
| 2017 | +15.63% | N/A |
| 2016 | +20.74% | N/A |
| 2015 | +0.56% | N/A |
| 2014 | +12.71% | N/A |
| 2013 | +21.29% | N/A |
| 2012 | +3.25% | N/A |
| 2011 | -9.67% | N/A |
| 2010 | +43.61% | N/A |
| 2009 | +63.13% | N/A |
| 2008 | -36.85% | N/A |
| 2007 | +1.86% | N/A |
| 2006 | +11.49% | N/A |
| 2005 | +3.65% | N/A |
KNCT vs GCAL Drawdown Comparison
The maximum drawdown for KNCT was -57.18%, occurring on Nov 21, 2008. Recovery took 683 trading sessions.
The maximum drawdown for GCAL was -4.39%, occurring on Apr 11, 2025. Recovery took 130 trading sessions.
The current KNCT drawdown is -12.61%. The current GCAL drawdown is -1.54%.
| Rank | KNCT | GCAL |
|---|---|---|
| #1 | -57.18% Jul 19, 2007 - Apr 6, 2010 | -4.39% Mar 3, 2025 - Sep 8, 2025 |
| #2 | -34.55% Nov 9, 2021 - Jul 8, 2024 | -2.24% Feb 27, 2026 - Jun 26, 2026 |
| #3 | -31.91% Feb 14, 2011 - Aug 8, 2013 | -1.97% Dec 4, 2024 - Feb 25, 2025 |
| #4 | -31.71% Feb 6, 2020 - Jun 1, 2020 | -1.92% Oct 1, 2024 - Dec 2, 2024 |
| #5 | -30.00% Jun 18, 2015 - Sep 19, 2016 | -1.54% Jul 2, 2026 - Jul 23, 2026 |
| #6 | -26.16% Apr 5, 2006 - Jan 11, 2007 | -0.80% Aug 5, 2024 - Sep 4, 2024 |
| #7 | -22.36% Sep 14, 2018 - Feb 27, 2019 | -0.45% Sep 17, 2025 - Oct 8, 2025 |
| #8 | -21.40% Feb 18, 2025 - Jun 10, 2025 | -0.40% Nov 11, 2025 - Nov 25, 2025 |
| #9 | -17.04% Apr 26, 2010 - Sep 13, 2010 | -0.36% Jan 16, 2026 - Jan 30, 2026 |
| #10 | -14.61% Jun 2, 2026 - Jul 17, 2026 | -0.35% Nov 26, 2025 - Dec 18, 2025 |
| #11 | -14.58% Apr 29, 2019 - Jan 13, 2020 | -0.27% Oct 24, 2025 - Nov 10, 2025 |
| #12 | -14.06% Feb 12, 2021 - Jul 9, 2021 | -0.16% Sep 16, 2024 - Sep 27, 2024 |
| #13 | -13.45% Mar 20, 2014 - Nov 28, 2014 | -0.14% Dec 24, 2025 - Dec 29, 2025 |
| #14 | -13.07% Jul 16, 2024 - Oct 11, 2024 | -0.10% Oct 22, 2025 - Oct 24, 2025 |
| #15 | -11.22% Sep 2, 2020 - Nov 27, 2020 | -0.09% Feb 25, 2025 - Feb 28, 2025 |
Correlation
Correlation between KNCT and GCAL is 0.87 which considered as a strong positive correlation - the stocks tend to move together.
0.87
-101
Dividend Comparison (2010 - 2026)
KNCT vs GCAL dividend yield comparison.
| Year | KNCT | GCAL |
|---|---|---|
| 2026 | 0.37% | 1.82% |
| 2025 | 0.86% | 3.06% |
| 2024 | 1.38% | 1.41% |
| 2023 | 0.60% | 0.00% |
| 2022 | 2.24% | 0.00% |
| 2021 | 0.55% | 0.00% |
| 2020 | 0.18% | 0.00% |
| 2019 | 0.44% | 0.00% |
| 2018 | 1.22% | 0.00% |
| 2017 | 0.66% | 0.00% |
| 2016 | 0.44% | 0.00% |
| 2013 | 0.64% | 0.00% |
| 2012 | 0.24% | 0.00% |
| 2010 | 0.41% | 0.00% |
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