HICOX vs. KMLM
Compare and contrast key facts about Colorado Bond Shares A Tax Exempt Fund (HICOX) and KFA Mount Lucas Index Strategy ETF (KMLM).
HICOX is managed by Freedom Funds. It was launched on Jun 3, 1987. KMLM is an actively managed fund by CICC. It was launched on Dec 2, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HICOX or KMLM.
Correlation
The correlation between HICOX and KMLM is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HICOX vs. KMLM - Performance Comparison
Key characteristics
HICOX:
1.25
KMLM:
-1.08
HICOX:
1.76
KMLM:
-1.32
HICOX:
1.32
KMLM:
0.85
HICOX:
1.47
KMLM:
-0.35
HICOX:
5.74
KMLM:
-1.53
HICOX:
0.94%
KMLM:
6.69%
HICOX:
4.03%
KMLM:
10.38%
HICOX:
-8.07%
KMLM:
-29.10%
HICOX:
-2.07%
KMLM:
-28.45%
Returns By Period
In the year-to-date period, HICOX achieves a -0.33% return, which is significantly higher than KMLM's -6.41% return.
HICOX
-0.33%
0.57%
0.83%
5.01%
4.47%
4.09%
KMLM
-6.41%
-1.54%
-5.23%
-11.11%
N/A
N/A
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HICOX vs. KMLM - Expense Ratio Comparison
HICOX has a 0.55% expense ratio, which is lower than KMLM's 0.90% expense ratio.
Risk-Adjusted Performance
HICOX vs. KMLM — Risk-Adjusted Performance Rank
HICOX
KMLM
HICOX vs. KMLM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Colorado Bond Shares A Tax Exempt Fund (HICOX) and KFA Mount Lucas Index Strategy ETF (KMLM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
HICOX vs. KMLM - Dividend Comparison
HICOX's dividend yield for the trailing twelve months is around 5.51%, more than KMLM's 0.87% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HICOX Colorado Bond Shares A Tax Exempt Fund | 5.51% | 5.44% | 4.97% | 4.43% | 3.84% | 4.00% | 4.07% | 4.03% | 4.69% | 4.73% | 4.13% | 4.79% |
KMLM KFA Mount Lucas Index Strategy ETF | 0.87% | 0.82% | 0.00% | 8.12% | 6.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HICOX vs. KMLM - Drawdown Comparison
The maximum HICOX drawdown since its inception was -8.07%, smaller than the maximum KMLM drawdown of -29.10%. Use the drawdown chart below to compare losses from any high point for HICOX and KMLM. For additional features, visit the drawdowns tool.
Volatility
HICOX vs. KMLM - Volatility Comparison
The current volatility for Colorado Bond Shares A Tax Exempt Fund (HICOX) is 2.09%, while KFA Mount Lucas Index Strategy ETF (KMLM) has a volatility of 2.79%. This indicates that HICOX experiences smaller price fluctuations and is considered to be less risky than KMLM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.