KraneSharesSystematic TrendKMLM · NYSE Arca

KraneShares Mount Lucas Managed Futures Index Strategy ETF (KMLM)

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Price: $30.69; —30 Oct 2026
Assets: $548.7M; Total net assets
Expense ratio: 0.90%; Category 1.78%
Yield: 4.20%; Trailing distributions

1Y return: 20.5%+4.4%; Category 16.1%
3Y CAGR: 0.2%-7.7%; Category 7.9%
5Y CAGR: 4.5%-2.0%; Category 6.5%

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KraneShares Mount Lucas Managed Futures Index Strategy ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-1.3%	+4.7%	+4.6%	+18.3%	+20.5%	+0.2%	+4.5%	—	+7.0%
Systematic Trend average	-0.3%	5.1%	2.6%	14.3%	16.1%	7.9%	6.5%	3.4%	8.6%
Difference	-1.0%	-0.4%	+2.0%	+4.0%	+4.4%	-7.7%	-2.0%	—	-1.6%

Holdings

The 1 largest positions make up 54.3% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
FGBLM26	Euro Bund Future June 26	54.27%

Asset mix

What the fund is invested in.

Cash295.5%
Other11.7%

ETF details

Issuer: KraneShares
Category: Alternatives · Systematic Trend
Ticker: KMLM
Exchange: NYSE Arca
Inception: 1 Dec 2020 (5.9 years)
Structure: Exchange Traded Fund
Expense ratio: 0.90% (category 1.78%)
Holdings turnover: 251% (category 108%)
Distribution yield: 4.20%
Beta, 3 years: -0.27
Total net assets: $548.7M

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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