PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
American Century Diversified Corporate Bond ETF (K...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS0250721091
CUSIP025072109
IssuerAmerican Century Investments
Inception DateJan 11, 2018
RegionNorth America (U.S.)
CategoryCorporate Bonds, Actively Managed
Index TrackedNo Index (Active)
Asset ClassBond

Expense Ratio

The American Century Diversified Corporate Bond ETF has a high expense ratio of 0.29%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%0.29%

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


American Century Diversified Corporate Bond ETF

Popular comparisons: KORP vs. IEAC.AS

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in American Century Diversified Corporate Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%20.00%40.00%60.00%80.00%NovemberDecember2024FebruaryMarchApril
10.05%
80.89%
KORP (American Century Diversified Corporate Bond ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

American Century Diversified Corporate Bond ETF had a return of -1.86% year-to-date (YTD) and 2.38% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date-1.86%5.29%
1 month-1.23%-2.47%
6 months5.79%16.40%
1 year2.38%20.88%
5 years (annualized)1.26%11.60%
10 years (annualized)N/A10.43%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20240.22%-1.09%1.16%
2023-1.59%-0.85%4.06%3.09%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of KORP is 36, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.

The Risk-Adjusted Performance Rank of KORP is 3636
American Century Diversified Corporate Bond ETF(KORP)
The Sharpe Ratio Rank of KORP is 3838Sharpe Ratio Rank
The Sortino Ratio Rank of KORP is 3636Sortino Ratio Rank
The Omega Ratio Rank of KORP is 3434Omega Ratio Rank
The Calmar Ratio Rank of KORP is 3434Calmar Ratio Rank
The Martin Ratio Rank of KORP is 3838Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for American Century Diversified Corporate Bond ETF (KORP) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


KORP
Sharpe ratio
The chart of Sharpe ratio for KORP, currently valued at 0.46, compared to the broader market-1.000.001.002.003.004.005.000.46
Sortino ratio
The chart of Sortino ratio for KORP, currently valued at 0.71, compared to the broader market-2.000.002.004.006.008.000.71
Omega ratio
The chart of Omega ratio for KORP, currently valued at 1.08, compared to the broader market1.001.502.002.501.08
Calmar ratio
The chart of Calmar ratio for KORP, currently valued at 0.21, compared to the broader market0.002.004.006.008.0010.0012.000.21
Martin ratio
The chart of Martin ratio for KORP, currently valued at 1.42, compared to the broader market0.0020.0040.0060.001.42
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.79, compared to the broader market-1.000.001.002.003.004.005.001.79
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.61, compared to the broader market-2.000.002.004.006.008.002.61
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.31, compared to the broader market1.001.502.002.501.31
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.36, compared to the broader market0.002.004.006.008.0010.0012.001.36
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.21, compared to the broader market0.0020.0040.0060.007.21

Sharpe Ratio

The current American Century Diversified Corporate Bond ETF Sharpe ratio is 0.46. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
0.46
1.79
KORP (American Century Diversified Corporate Bond ETF)
Benchmark (^GSPC)

Dividends

Dividend History

American Century Diversified Corporate Bond ETF granted a 4.74% dividend yield in the last twelve months. The annual payout for that period amounted to $2.14 per share.


PeriodTTM202320222021202020192018
Dividend$2.14$2.06$1.31$0.96$1.71$1.64$1.57

Dividend yield

4.74%4.42%2.89%1.86%3.22%3.20%3.26%

Monthly Dividends

The table displays the monthly dividend distributions for American Century Diversified Corporate Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.18$0.19
2023$0.00$0.15$0.16$0.16$0.15$0.17$0.17$0.16$0.18$0.18$0.20$0.38
2022$0.00$0.07$0.09$0.08$0.09$0.10$0.10$0.10$0.12$0.12$0.12$0.31
2021$0.00$0.11$0.12$0.11$0.08$0.07$0.06$0.07$0.07$0.07$0.07$0.14
2020$0.00$0.11$0.11$0.11$0.10$0.09$0.10$0.09$0.09$0.15$0.18$0.58
2019$0.00$0.14$0.14$0.13$0.14$0.12$0.11$0.14$0.12$0.13$0.15$0.31
2018$0.18$0.12$0.14$0.13$0.12$0.13$0.13$0.05$0.15$0.41

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-6.51%
-4.42%
KORP (American Century Diversified Corporate Bond ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the American Century Diversified Corporate Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the American Century Diversified Corporate Bond ETF was 14.90%, occurring on Oct 20, 2022. The portfolio has not yet recovered.

The current American Century Diversified Corporate Bond ETF drawdown is 6.51%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-14.9%Aug 4, 2021307Oct 20, 2022
-12.7%Mar 6, 202011Mar 20, 202063Jun 19, 202074
-2.47%Jan 4, 202144Mar 8, 202182Jul 2, 2021126
-2.11%Jan 17, 201819Apr 25, 201882Jan 23, 2019101
-1.42%Sep 5, 20197Sep 13, 201914Oct 3, 201921

Volatility

Volatility Chart

The current American Century Diversified Corporate Bond ETF volatility is 1.84%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%NovemberDecember2024FebruaryMarchApril
1.84%
3.35%
KORP (American Century Diversified Corporate Bond ETF)
Benchmark (^GSPC)