KSPY vs FMN
Comparison between KRANESHARES HEDGEYE HEDGED EQUITY INDEX ETF (KSPY, ETF) and Federated Hermes Premier Municipal Income Fund (FMN, ETF).
KSPY vs FMN - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
KSPY
$97M
Winner
FMN
$97M
Expense Ratio
KSPY
0.88%
FMN
N/A
Max Drawdown
Winner
KSPY
11.67%
FMN
53.35%
Sharpe Ratio
Winner
KSPY
1.79
FMN
0.99
5Y Beta
KSPY
0.56
Winner
FMN
0.14
5Y Dividends CAGR
KSPY
N/A
FMN
-1.83%
KSPY vs FMN - Historical Returns
Returns include dividend reinvestment.
1M
Winner
KSPY
+1.17%
FMN
+0.39%
3M
Winner
KSPY
+4.96%
FMN
+2.92%
6M
Winner
KSPY
+5.56%
FMN
+4.17%
1Y
Winner
KSPY
+17.40%
FMN
+11.21%
5Y(CAGR)
KSPY
N/A
FMN
-1.66%
10Y(CAGR)
KSPY
N/A
FMN
+1.08%
Max(CAGR)
Winner
KSPY
+12.09%
FMN
+4.56%
KSPY vs FMN - Annual Returns (2002 - 2026)
Returns include dividend reinvestment.
| Year | KSPY | FMN |
|---|---|---|
| 2026 | +5.30% | +3.28% |
| 2025 | +14.13% | +5.99% |
| 2024 | +3.43% | +2.75% |
| 2023 | N/A | +8.90% |
| 2022 | N/A | -26.45% |
| 2021 | N/A | +5.35% |
| 2020 | N/A | +9.98% |
| 2019 | N/A | +16.36% |
| 2018 | N/A | -8.66% |
| 2017 | N/A | +5.78% |
| 2016 | N/A | -0.95% |
| 2015 | N/A | +8.93% |
| 2014 | N/A | +16.63% |
| 2013 | N/A | -14.07% |
| 2012 | N/A | +12.58% |
| 2011 | N/A | +21.89% |
| 2010 | N/A | -3.72% |
| 2009 | N/A | +71.67% |
| 2008 | N/A | -27.59% |
| 2007 | N/A | -8.55% |
| 2006 | N/A | +10.98% |
| 2005 | N/A | +9.47% |
| 2004 | N/A | +6.40% |
| 2003 | N/A | +0.62% |
| 2002 | N/A | +0.00% |
KSPY vs FMN Drawdown Comparison
The maximum drawdown for KSPY was -11.67%, occurring on Apr 8, 2025. Recovery took 87 trading sessions.
The maximum drawdown for FMN was -49.02%, occurring on Oct 10, 2008. Recovery took 558 trading sessions.
The current KSPY drawdown is -0.17%. The current FMN drawdown is -17.82%.
| Rank | KSPY | FMN |
|---|---|---|
| #1 | -11.67% Feb 19, 2025 - Jun 25, 2025 | -49.02% May 14, 2007 - Jul 30, 2009 |
| #2 | -4.87% Jul 16, 2024 - Sep 19, 2024 | -40.60% Sep 21, 2021 - Oct 30, 2023 |
| #3 | -4.46% Feb 9, 2026 - Apr 14, 2026 | -31.87% Mar 6, 2020 - Aug 12, 2020 |
| #4 | -3.04% Nov 10, 2025 - Dec 5, 2025 | -24.86% Oct 1, 2012 - May 28, 2015 |
| #5 | -2.51% Dec 26, 2024 - Jan 22, 2025 | -21.45% Sep 13, 2010 - Oct 21, 2011 |
| #6 | -1.84% Jun 2, 2026 - Jun 10, 2026 | -17.99% Aug 1, 2016 - Sep 30, 2019 |
| #7 | -1.73% Dec 16, 2024 - Dec 24, 2024 | -16.66% Oct 6, 2009 - Aug 5, 2010 |
| #8 | -1.61% Feb 2, 2026 - Feb 6, 2026 | -13.73% Sep 8, 2005 - Aug 21, 2006 |
| #9 | -1.47% Jan 12, 2026 - Jan 26, 2026 | -13.42% Mar 26, 2004 - Sep 7, 2004 |
| #10 | -1.37% Oct 9, 2025 - Oct 20, 2025 | -8.91% Mar 9, 2012 - Mar 30, 2012 |
| #11 | -1.20% Dec 11, 2025 - Dec 22, 2025 | -8.89% Dec 27, 2002 - Apr 25, 2003 |
| #12 | -1.05% Jul 29, 2025 - Aug 4, 2025 | -8.35% Jun 24, 2003 - Jan 9, 2004 |
| #13 | -0.86% Oct 28, 2024 - Nov 6, 2024 | -6.91% Aug 13, 2020 - Dec 30, 2020 |
| #14 | -0.72% Dec 26, 2025 - Jan 6, 2026 | -6.63% May 28, 2015 - Oct 16, 2015 |
| #15 | -0.61% Aug 14, 2025 - Aug 22, 2025 | -5.72% Feb 10, 2012 - Mar 9, 2012 |
Correlation
Correlation between KSPY and FMN is 0.55 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.55
-101
Dividend Comparison (2003 - 2026)
KSPY vs FMN dividend yield comparison.
| Year | KSPY | FMN |
|---|---|---|
| 2026 | 0.00% | 2.00% |
| 2025 | 6.16% | 4.64% |
| 2024 | 1.31% | 4.06% |
| 2023 | 0.00% | 4.03% |
| 2022 | 0.00% | 5.30% |
| 2021 | 0.00% | 4.31% |
| 2020 | 0.00% | 4.16% |
| 2019 | 0.00% | 4.40% |
| 2018 | 0.00% | 5.57% |
| 2017 | 0.00% | 5.21% |
| 2016 | 0.00% | 6.07% |
| 2015 | 0.00% | 5.92% |
| 2014 | 0.00% | 6.19% |
| 2013 | 0.00% | 6.86% |
| 2012 | 0.00% | 6.18% |
| 2011 | 0.00% | 6.71% |
| 2010 | 0.00% | 7.86% |
| 2009 | 0.00% | 6.95% |
| 2008 | 0.00% | 8.85% |
| 2007 | 0.00% | 6.04% |
| 2006 | 0.00% | 5.63% |
| 2005 | 0.00% | 6.61% |
| 2004 | 0.00% | 7.14% |
| 2003 | 0.00% | 6.51% |
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