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ISIN
US22532R1014
CUSIP
22532R101
IPO Date
Dec 4, 2003

Highlights

Year Range
$25.50 - $26.96

Share Price Chart


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Credit-Enhanced Corts Trust Aon

Often compared with KTN:
KTN vs. WDO.TO

Performance

KTN Performance Chart

Credit-Enhanced Corts Trust Aon (KTN) is up 2.9% since the beginning of the year. At $26 per share, KTN is trading just below its 52-week high of $27. Investors who bought $1,000 worth of KTN shares 5 years ago would now be looking at an investment worth $801.


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S&P 500 Index

Returns By Period

Credit-Enhanced Corts Trust Aon (KTN) has returned 2.90% so far this year and -2.30% over the past 12 months. Over the last ten years, KTN has returned -2.18% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


Credit-Enhanced Corts Trust Aon

1D
0.00%
1M
0.39%
YTD
2.90%
6M
-0.83%
1Y
-2.30%
3Y*
-1.42%
5Y*
-4.33%
10Y*
-2.18%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

KTN Monthly Returns History

Based on dividend-adjusted daily data since Dec 4, 2003, KTN's average daily return is +0.01%, while the average monthly return is +0.05%. At this rate, an investment would double in approximately 115.6 years.

Historically, 54% of months were positive and 46% were negative. The best month was Dec 2008 with a return of +17.0%, while the worst month was Sep 2008 at -20.8%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, KTN closed higher 43% of trading days. The best single day was Oct 14, 2008 with a return of +28.2%, while the worst single day was Oct 6, 2008 at -14.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.55%0.31%1.44%-0.38%0.19%0.77%2.90%
20251.62%-2.92%1.65%1.25%-0.17%-1.97%-0.65%0.31%0.18%1.85%0.49%-4.64%-3.17%
2024-1.23%1.06%0.11%0.98%1.57%-3.05%-0.90%0.89%1.72%1.45%-0.55%-3.07%-1.17%
20234.49%-1.94%0.40%3.04%-3.67%-1.51%-0.78%-0.04%0.00%-1.83%3.34%-1.91%-0.75%
2022-1.61%-1.48%-2.33%2.62%-5.14%-5.32%0.65%1.73%-2.51%-0.06%0.64%-3.07%-15.08%
2021-1.38%-0.06%-1.15%0.70%3.84%-4.34%-0.76%0.51%1.85%-1.17%-0.81%-1.88%-4.79%

Benchmark Metrics

Credit-Enhanced Corts Trust Aon has an annualized alpha of 0.73%, beta of 0.08, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since December 04, 2003.

  • This stock participated in 46.03% of S&P 500 Index downside but only 22.04% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.08 may look defensive, but with R2 of 0.01 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
  • R2 of 0.01 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
0.73%
Beta
0.08
0.01
Upside Capture
22.04%
Downside Capture
46.03%

Return for Risk

Risk / Return Rank

KTN ranks 27 for risk / return — below 27% of stocks on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


KTN Risk / Return Rank: 2727
Overall Rank
KTN Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
KTN Sortino Ratio Rank: 2424
Sortino Ratio Rank
KTN Omega Ratio Rank: 2222
Omega Ratio Rank
KTN Calmar Ratio Rank: 2727
Calmar Ratio Rank
KTN Martin Ratio Rank: 2929
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Credit-Enhanced Corts Trust Aon (KTN) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


KTNBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-2.32

Sortino ratioReturn per unit of downside risk

-3.05

Omega ratioGain probability vs. loss probability

0.95

1.37

-0.42

Calmar ratioReturn relative to maximum drawdown

-0.43

2.78

-3.22

Martin ratioReturn relative to average drawdown

-0.72

12.44

-13.16

Dividends

Dividend History


Credit-Enhanced Corts Trust Aon doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Credit-Enhanced Corts Trust Aon. 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 Credit-Enhanced Corts Trust Aon was 53.25%, occurring on Oct 13, 2008. Recovery took 504 trading sessions.

The current Credit-Enhanced Corts Trust Aon drawdown is 24.34%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-53.25%Oct 2008
1y 9mo2y
3y 9moDec 2006 - Oct 2010
2025 bear market2025
-26.48%Dec 2025
9y 5mo
9y 11moJul 2016 - now
2004 correction2004
-13.19%May 2004
3mo 4d2y 6mo
2y 9moFeb 2004 - Dec 2006
2011 correction2011
-12.89%Jan 2011
1mo 3d1y 6mo
1y 7moDec 2010 - Aug 2012
2015 correction2015
-11.02%May 2015
1mo 1d1y 1mo
1y 2moApr 2015 - Jul 2016

Drawdown Indicators


KTNBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-53.25%

-56.78%

+3.53%

Max Drawdown (1Y)

Largest decline over 1 year

-5.34%

-9.10%

+3.76%

Max Drawdown (3Y)

Largest decline over 3 years

-8.57%

-18.90%

+10.33%

Max Drawdown (5Y)

Largest decline over 5 years

-23.55%

-25.43%

+1.88%

Max Drawdown (10Y)

Largest decline over 10 years

-26.48%

-33.92%

+7.44%

Current Drawdown

Current decline from peak

-24.34%

-1.80%

-22.54%

Average Drawdown

Average peak-to-trough decline

-10.97%

-10.71%

-0.26%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.21%

2.03%

+1.18%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Credit-Enhanced Corts Trust Aon over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Credit-Enhanced Corts Trust Aon is priced in the market compared to other companies in the undefined industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
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