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HICOX vs. KMLM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HICOX and KMLM is -0.23. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0
Correlation: -0.2

Performance

HICOX vs. KMLM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Colorado Bond Shares A Tax Exempt Fund (HICOX) and KFA Mount Lucas Index Strategy ETF (KMLM). The values are adjusted to include any dividend payments, if applicable.

15.00%20.00%25.00%30.00%NovemberDecember2025FebruaryMarchApril
15.22%
21.35%
HICOX
KMLM

Key characteristics

Sharpe Ratio

HICOX:

1.34

KMLM:

-1.42

Sortino Ratio

HICOX:

1.76

KMLM:

-1.91

Omega Ratio

HICOX:

1.33

KMLM:

0.78

Calmar Ratio

HICOX:

1.45

KMLM:

-0.54

Martin Ratio

HICOX:

7.49

KMLM:

-1.72

Ulcer Index

HICOX:

0.71%

KMLM:

8.97%

Daily Std Dev

HICOX:

3.97%

KMLM:

10.86%

Max Drawdown

HICOX:

-8.07%

KMLM:

-28.64%

Current Drawdown

HICOX:

-2.67%

KMLM:

-28.64%

Returns By Period

In the year-to-date period, HICOX achieves a -0.95% return, which is significantly higher than KMLM's -6.65% return.


HICOX

YTD

-0.95%

1M

-2.25%

6M

-0.36%

1Y

5.30%

5Y*

4.38%

10Y*

4.00%

KMLM

YTD

-6.65%

1M

-3.67%

6M

-6.49%

1Y

-14.86%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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


HICOX vs. KMLM - Expense Ratio Comparison

HICOX has a 0.55% expense ratio, which is lower than KMLM's 0.90% expense ratio.


KMLM
KFA Mount Lucas Index Strategy ETF
Expense ratio chart for KMLM: current value is 0.90%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
KMLM: 0.90%
Expense ratio chart for HICOX: current value is 0.55%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
HICOX: 0.55%

Risk-Adjusted Performance

HICOX vs. KMLM — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HICOX
The Risk-Adjusted Performance Rank of HICOX is 8888
Overall Rank
The Sharpe Ratio Rank of HICOX is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of HICOX is 8484
Sortino Ratio Rank
The Omega Ratio Rank of HICOX is 8989
Omega Ratio Rank
The Calmar Ratio Rank of HICOX is 9191
Calmar Ratio Rank
The Martin Ratio Rank of HICOX is 9191
Martin Ratio Rank

KMLM
The Risk-Adjusted Performance Rank of KMLM is 11
Overall Rank
The Sharpe Ratio Rank of KMLM is 00
Sharpe Ratio Rank
The Sortino Ratio Rank of KMLM is 00
Sortino Ratio Rank
The Omega Ratio Rank of KMLM is 00
Omega Ratio Rank
The Calmar Ratio Rank of KMLM is 33
Calmar Ratio Rank
The Martin Ratio Rank of KMLM is 22
Martin 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.

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.


Sharpe ratio
The chart of Sharpe ratio for HICOX, currently valued at 1.34, compared to the broader market-1.000.001.002.003.00
HICOX: 1.34
KMLM: -1.42
The chart of Sortino ratio for HICOX, currently valued at 1.76, compared to the broader market-2.000.002.004.006.008.00
HICOX: 1.76
KMLM: -1.91
The chart of Omega ratio for HICOX, currently valued at 1.33, compared to the broader market0.501.001.502.002.503.00
HICOX: 1.33
KMLM: 0.78
The chart of Calmar ratio for HICOX, currently valued at 1.45, compared to the broader market0.002.004.006.008.0010.00
HICOX: 1.45
KMLM: -0.54
The chart of Martin ratio for HICOX, currently valued at 7.49, compared to the broader market0.0010.0020.0030.0040.0050.00
HICOX: 7.49
KMLM: -1.72

The current HICOX Sharpe Ratio is 1.34, which is higher than the KMLM Sharpe Ratio of -1.42. The chart below compares the historical Sharpe Ratios of HICOX and KMLM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.005.00NovemberDecember2025FebruaryMarchApril
1.34
-1.42
HICOX
KMLM

Dividends

HICOX vs. KMLM - Dividend Comparison

HICOX's dividend yield for the trailing twelve months is around 5.15%, more than KMLM's 0.88% yield.


TTM20242023202220212020201920182017201620152014
HICOX
Colorado Bond Shares A Tax Exempt Fund
5.15%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
0.88%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 -28.64%. Use the drawdown chart below to compare losses from any high point for HICOX and KMLM. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-2.67%
-28.64%
HICOX
KMLM

Volatility

HICOX vs. KMLM - Volatility Comparison

Colorado Bond Shares A Tax Exempt Fund (HICOX) has a higher volatility of 2.85% compared to KFA Mount Lucas Index Strategy ETF (KMLM) at 2.47%. This indicates that HICOX's price experiences larger fluctuations and is considered to be riskier than KMLM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%NovemberDecember2025FebruaryMarchApril
2.85%
2.47%
HICOX
KMLM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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