KRBN vs UDN

Comparison between KRANESHARES GLOBAL CARBON STRATEGY ETF (KRBN, ETF) and Invesco DB US Dollar Index Bearish Fund -1x Shares (UDN, ETF).

5-Year PerformanceKRBN has outperformed UDN, delivering a return of +7.0% compared to -0.9%

KRBN vs UDN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KRBN(ETF)	UDN(ETF)
Net Assets	$136M	$136M
Expense Ratio	0.90%	N/A
Max Drawdown	53.83%	44.56%
Sharpe Ratio	0.54	-0.53
5Y Beta	0.20	-0.01
5Y Dividends CAGR	N/A	38.18%

Net Assets

Winner

KRBN

$136M

UDN

$136M

Expense Ratio

KRBN

0.90%

UDN

N/A

Max Drawdown

KRBN

53.83%

Winner

UDN

44.56%

Sharpe Ratio

Winner

KRBN

0.54

UDN

-0.53

5Y Beta

KRBN

0.20

Winner

UDN

-0.01

5Y Dividends CAGR

KRBN

N/A

UDN

38.18%

KRBN vs UDN - Holdings Comparison

KRBN and UDN have 0 common holdings. Overlap is 0.00%

KRBN's top 25 holdings weight is 61.22%. UDN's top 25 holdings weight is 95.02%.

Rank	KRBN	UDN
#1	KRANESHARES SUST ULTRA SHRT DUR IDX ETF (KCSH) - 57.23%	INVESCO SHRT-TRM INV GOV&AGCY INSTL (AGPXX) - 95.02%
#2	STATE STREET INSTL US GOVT MMKT PREMIER (GVMXX) - 3.99%	N/A
#3	N/A	N/A
#4	N/A	N/A
#5	N/A	N/A
#6	N/A	N/A
#7	N/A	N/A
#8	N/A	N/A
#9	N/A	N/A
#10	N/A	N/A
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	2	1

KRBN vs UDN - Historical Returns

Returns include dividend reinvestment.

Period	KRBN	UDN
1 month	+0.87%	-1.42%
3 months	+11.37%	-0.55%
6 months	-2.64%	-0.43%
1 year	+11.66%	+0.16%
5 years(CAGR)	+7.03%	-0.89%
10 years(CAGR)	N/A	-0.53%
Max(CAGR)	+15.76%	-0.75%

Winner

KRBN

+0.87%

UDN

-1.42%

Winner

KRBN

+11.37%

UDN

-0.55%

KRBN

-2.64%

Winner

UDN

-0.43%

Winner

KRBN

+11.66%

UDN

+0.16%

5Y(CAGR)

Winner

KRBN

+7.03%

UDN

-0.89%

10Y(CAGR)

KRBN

N/A

UDN

-0.53%

Max(CAGR)

Winner

KRBN

+15.76%

UDN

-0.75%

KRBN vs UDN - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	KRBN	UDN
2026	-9.06%	-1.04%
2025	+22.00%	+13.17%
2024	-10.15%	-3.79%
2023	+8.14%	+5.97%
2022	-15.02%	-7.36%
2021	+101.38%	-7.03%
2020	+22.60%	+6.61%
2019	N/A	-0.26%
2018	N/A	-5.53%
2017	N/A	+10.51%
2016	N/A	-4.35%
2015	N/A	-9.04%
2014	N/A	-11.71%
2013	N/A	-0.44%
2012	N/A	+0.44%
2011	N/A	-0.52%
2010	N/A	-2.27%
2009	N/A	+6.00%
2008	N/A	-5.24%
2007	N/A	+11.41%

KRBN vs UDN Drawdown Comparison

The maximum drawdown for KRBN was -36.42%, occurring on Mar 7, 2022. This drawdown has not yet recovered.

The maximum drawdown for UDN was -41.68%, occurring on Sep 27, 2022. This drawdown has not yet recovered.

The current KRBN drawdown is -15.98%. The current UDN drawdown is -28.12%.

Rank	KRBN	UDN
#1	-36.42% Feb 4, 2022 - Mar 7, 2022	-41.68% Mar 17, 2008 - Sep 27, 2022
#2	-16.66% Sep 14, 2020 - Dec 2, 2020	-3.75% Nov 26, 2007 - Jan 30, 2008
#3	-14.19% Dec 8, 2021 - Feb 2, 2022	-2.48% Jan 30, 2008 - Feb 26, 2008
#4	-10.67% May 14, 2021 - Jun 30, 2021	-1.77% Jul 24, 2007 - Sep 6, 2007
#5	-10.09% Jul 1, 2021 - Aug 11, 2021	-1.54% Apr 30, 2007 - Jun 29, 2007
#6	-10.05% Oct 5, 2021 - Nov 10, 2021	-1.31% Sep 28, 2007 - Oct 18, 2007
#7	-8.38% Jan 7, 2021 - Feb 3, 2021	-1.06% Nov 8, 2007 - Nov 21, 2007
#8	-6.67% Aug 16, 2021 - Aug 27, 2021	-0.80% Oct 19, 2007 - Oct 25, 2007
#9	-6.18% Aug 28, 2020 - Sep 14, 2020	-0.62% Mar 10, 2008 - Mar 12, 2008
#10	-6.12% Mar 17, 2021 - Apr 12, 2021	-0.60% Mar 1, 2007 - Mar 13, 2007
#11	-5.30% Feb 12, 2021 - Mar 10, 2021	-0.55% Mar 21, 2007 - Apr 2, 2007
#12	-3.72% Sep 8, 2021 - Sep 24, 2021	-0.50% Oct 31, 2007 - Nov 6, 2007
#13	-3.65% Aug 5, 2020 - Aug 24, 2020	-0.39% Apr 2, 2007 - Apr 5, 2007
#14	-3.40% Aug 11, 2021 - Aug 16, 2021	-0.39% Apr 25, 2007 - Apr 30, 2007
#15	-3.24% Dec 15, 2020 - Dec 24, 2020	-0.38% Apr 5, 2007 - Apr 10, 2007

Correlation

Correlation between KRBN and UDN is -0.47 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.47

-101