KSPY vs IGI

Comparison between KRANESHARES HEDGEYE HEDGED EQUITY INDEX ETF (KSPY, ETF) and Western Asset Investment Grade Defined Opportunity Trust Inc (IGI, ETF).

KSPY vs IGI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KSPY(ETF)	IGI(ETF)
Net Assets	$104M	$104M
Expense Ratio	0.88%	N/A
Max Drawdown	11.67%	37.46%
Sharpe Ratio	1.59	-0.23
5Y Beta	0.57	0.13
5Y Dividends CAGR	N/A	2.72%

Net Assets

KSPY

$104M

Winner

IGI

$104M

Expense Ratio

KSPY

0.88%

IGI

N/A

Max Drawdown

Winner

KSPY

11.67%

IGI

37.46%

Sharpe Ratio

Winner

KSPY

1.59

IGI

-0.23

5Y Beta

KSPY

0.57

Winner

IGI

0.13

5Y Dividends CAGR

KSPY

N/A

IGI

2.72%

KSPY vs IGI - Historical Returns

Returns include dividend reinvestment.

Period	KSPY	IGI
1 month	+1.13%	-0.09%
3 months	+4.53%	-0.81%
6 months	+6.61%	-0.66%
1 year	+16.56%	+2.08%
5 years(CAGR)	N/A	-1.48%
10 years(CAGR)	N/A	+1.61%
Max(CAGR)	+12.44%	+4.09%

Winner

KSPY

+1.13%

IGI

-0.09%

Winner

KSPY

+4.53%

IGI

-0.81%

Winner

KSPY

+6.61%

IGI

-0.66%

Winner

KSPY

+16.56%

IGI

+2.08%

5Y(CAGR)

KSPY

N/A

IGI

-1.48%

10Y(CAGR)

KSPY

N/A

IGI

+1.61%

Max(CAGR)

Winner

KSPY

+12.44%

IGI

+4.09%

KSPY vs IGI - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	KSPY	IGI
2026	+7.26%	-0.54%
2025	+14.13%	+6.25%
2024	+3.43%	-2.08%
2023	N/A	+8.33%
2022	N/A	-21.47%
2021	N/A	+1.86%
2020	N/A	+2.02%
2019	N/A	+30.79%
2018	N/A	-10.67%
2017	N/A	+17.39%
2016	N/A	+7.25%
2015	N/A	+2.91%
2014	N/A	+11.47%
2013	N/A	-7.47%
2012	N/A	+11.77%
2011	N/A	+16.98%
2010	N/A	+7.42%
2009	N/A	+1.53%

KSPY vs IGI Drawdown Comparison

The maximum drawdown for KSPY was -11.67%, occurring on Apr 8, 2025. Recovery took 87 trading sessions.

The maximum drawdown for IGI was -31.83%, occurring on Sep 30, 2022. This drawdown has not yet recovered.

The current KSPY drawdown is -0.29%. The current IGI drawdown is -14.09%.

Rank	KSPY	IGI
#1	-11.67% Feb 19, 2025 - Jun 25, 2025	-31.83% Sep 21, 2021 - Sep 30, 2022
#2	-4.87% Jul 16, 2024 - Sep 19, 2024	-29.54% Jan 10, 2020 - Jun 16, 2020
#3	-4.46% Feb 9, 2026 - Apr 14, 2026	-20.24% Dec 29, 2017 - Jun 7, 2019
#4	-3.04% Nov 10, 2025 - Dec 5, 2025	-18.01% Jan 10, 2013 - Dec 30, 2014
#5	-2.51% Dec 26, 2024 - Jan 22, 2025	-13.15% Sep 27, 2016 - Aug 1, 2017
#6	-1.94% Jun 15, 2026 - Jul 6, 2026	-12.89% Aug 14, 2020 - Sep 13, 2021
#7	-1.84% Jun 2, 2026 - Jun 15, 2026	-11.87% Oct 20, 2010 - Jun 1, 2011
#8	-1.73% Dec 16, 2024 - Dec 24, 2024	-10.70% Oct 9, 2012 - Dec 21, 2012
#9	-1.61% Feb 2, 2026 - Feb 6, 2026	-9.94% Aug 19, 2011 - Dec 16, 2011
#10	-1.47% Jan 12, 2026 - Jan 26, 2026	-8.13% Jan 23, 2012 - May 31, 2012
#11	-1.37% Oct 9, 2025 - Oct 20, 2025	-7.92% Dec 1, 2015 - Mar 31, 2016
#12	-1.20% Dec 11, 2025 - Dec 22, 2025	-6.19% Jun 17, 2020 - Jul 24, 2020
#13	-1.05% Jul 29, 2025 - Aug 4, 2025	-6.09% Aug 3, 2009 - Dec 2, 2009
#14	-0.86% Oct 28, 2024 - Nov 6, 2024	-5.90% May 1, 2015 - Oct 2, 2015
#15	-0.72% Dec 26, 2025 - Jan 6, 2026	-5.72% Aug 1, 2017 - Dec 20, 2017

Correlation

Correlation between KSPY and IGI is 0.52 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.52

-101

Dividend Comparison (2009 - 2026)

KSPY vs IGI dividend yield comparison.

Year	KSPY	IGI
2026	0.00%	2.67%
2025	6.16%	5.16%
2024	1.31%	5.19%
2023	0.00%	4.59%
2022	0.00%	4.90%
2021	0.00%	3.65%
2020	0.00%	3.78%
2019	0.00%	4.42%
2018	0.00%	5.50%
2017	0.00%	4.64%
2016	0.00%	5.83%
2015	0.00%	5.95%
2014	0.00%	5.71%
2013	0.00%	7.47%
2012	0.00%	5.72%
2011	0.00%	6.36%
2010	0.00%	6.44%
2009	0.00%	2.64%