PAB vs KCCA

Comparison between PGIM ACTIVE AGGREGATE BOND ETF (PAB, ETF) and KRANESHARES CALIFORNIA CARBON ALLOWANCE STRATEGY ETF (KCCA, ETF).

5-Year PerformancePAB has outperformed KCCA, delivering a return of +0.1% compared to -2.7%

PAB vs KCCA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PAB(ETF)	KCCA(ETF)
Net Assets	$107M	$107M
Expense Ratio	0.19%	0.91%
Max Drawdown	23.81%	54.18%
Sharpe Ratio	0.25	0.87
5Y Beta	0.03	-0.11

Net Assets

PAB

$107M

Winner

KCCA

$107M

Expense Ratio

Winner

PAB

0.19%

KCCA

0.91%

Max Drawdown

Winner

PAB

23.81%

KCCA

54.18%

Sharpe Ratio

PAB

0.25

Winner

KCCA

0.87

5Y Beta

PAB

0.03

Winner

KCCA

-0.11

PAB vs KCCA - Historical Returns

Returns include dividend reinvestment.

Period	PAB	KCCA
1 month	-0.17%	+11.60%
3 months	-1.04%	+9.89%
6 months	+0.23%	+2.69%
1 year	+4.80%	+16.64%
5 years(CAGR)	+0.10%	-2.72%
Max(CAGR)	+0.15%	-2.72%

PAB

-0.17%

Winner

KCCA

+11.60%

PAB

-1.04%

Winner

KCCA

+9.89%

PAB

+0.23%

Winner

KCCA

+2.69%

PAB

+4.80%

Winner

KCCA

+16.64%

5Y(CAGR)

Winner

PAB

+0.10%

KCCA

-2.72%

Max(CAGR)

Winner

PAB

+0.15%

KCCA

-2.72%

PAB vs KCCA - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	PAB	KCCA
2026	-0.01%	-3.14%
2025	+7.63%	-11.72%
2024	+2.32%	-15.68%
2023	+5.72%	+36.55%
2022	-13.50%	-19.70%
2021	+0.90%	+8.91%

PAB vs KCCA Drawdown Comparison

The maximum drawdown for PAB was -19.27%, occurring on Oct 24, 2022. Recovery took 1140 trading sessions.

The maximum drawdown for KCCA was -41.11%, occurring on Apr 14, 2025. This drawdown has not yet recovered.

The current PAB drawdown is -1.94%. The current KCCA drawdown is -30.08%.

Rank	PAB	KCCA
#1	-19.27% Aug 2, 2021 - Feb 17, 2026	-41.11% Feb 5, 2024 - Apr 14, 2025
#2	-2.86% Feb 27, 2026 - May 19, 2026	-34.85% Nov 15, 2021 - Jan 5, 2024
#3	-0.82% May 6, 2021 - May 25, 2021	-7.15% Oct 5, 2021 - Oct 22, 2021
#4	-0.77% Jul 19, 2021 - Aug 2, 2021	-2.08% Oct 25, 2021 - Oct 29, 2021
#5	-0.74% Jul 8, 2021 - Jul 19, 2021	-1.69% Jan 19, 2024 - Feb 1, 2024
#6	-0.61% Jun 10, 2021 - Jun 18, 2021	-1.40% Nov 1, 2021 - Nov 9, 2021
#7	-0.57% Jun 18, 2021 - Jul 2, 2021	-1.32% Jan 8, 2024 - Jan 17, 2024
#8	-0.44% Apr 15, 2021 - May 6, 2021	-0.16% Jan 17, 2024 - Jan 19, 2024
#9	-0.35% May 25, 2021 - Jun 4, 2021	N/A
#10	-0.21% Feb 17, 2026 - Feb 23, 2026	N/A
#11	-0.12% Jun 4, 2021 - Jun 8, 2021	N/A
#12	-0.12% Feb 23, 2026 - Feb 26, 2026	N/A

Correlation

Correlation between PAB and KCCA is -0.41 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.41

-101