KEUA vs. ISCMF
Compare and contrast key facts about KraneShares European Carbon Allowance Strategy ETF (KEUA) and iShares Diversified Commodity Swap UCITS ETF (ISCMF).
KEUA and ISCMF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KEUA is a passively managed fund by KraneShares that tracks the performance of the S&P Carbon Credit EUA Index. It was launched on Oct 4, 2021. ISCMF is a passively managed fund by iShares that tracks the performance of the Bloomberg Commodity Index. It was launched on Mar 4, 2022. Both KEUA and ISCMF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
KEUA vs. ISCMF - Performance Comparison
Loading graphics...
KEUA vs. ISCMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
KEUA KraneShares European Carbon Allowance Strategy ETF | -19.02% | 32.81% | -14.52% | -3.14% | 0.10% |
ISCMF iShares Diversified Commodity Swap UCITS ETF | 17.84% | 19.65% | 3.13% | -9.58% | -5.08% |
Returns By Period
In the year-to-date period, KEUA achieves a -19.02% return, which is significantly lower than ISCMF's 17.84% return.
KEUA
- 1D
- 0.00%
- 1M
- -0.46%
- YTD
- -19.02%
- 6M
- -8.94%
- 1Y
- 8.03%
- 3Y*
- -6.52%
- 5Y*
- —
- 10Y*
- —
ISCMF
- 1D
- 0.00%
- 1M
- 7.22%
- YTD
- 17.84%
- 6M
- 26.76%
- 1Y
- 29.86%
- 3Y*
- 12.27%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
KEUA vs. ISCMF - Expense Ratio Comparison
KEUA has a 0.87% expense ratio, which is higher than ISCMF's 0.19% expense ratio.
Return for Risk
KEUA vs. ISCMF — Risk / Return Rank
KEUA
ISCMF
KEUA vs. ISCMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares European Carbon Allowance Strategy ETF (KEUA) and iShares Diversified Commodity Swap UCITS ETF (ISCMF). 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.
| KEUA | ISCMF | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.11 | 1.79 | -1.68 |
Sortino ratioReturn per unit of downside risk | 0.34 | 3.44 | -3.10 |
Omega ratioGain probability vs. loss probability | 1.04 | 2.36 | -1.31 |
Calmar ratioReturn relative to maximum drawdown | 0.05 | 5.25 | -5.20 |
Martin ratioReturn relative to average drawdown | 0.15 | 12.35 | -12.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| KEUA | ISCMF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.11 | 1.79 | -1.68 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.03 | 0.40 | -0.37 |
Correlation
The correlation between KEUA and ISCMF is -0.04. 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.
Dividends
KEUA vs. ISCMF - Dividend Comparison
KEUA's dividend yield for the trailing twelve months is around 2.83%, while ISCMF has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
KEUA KraneShares European Carbon Allowance Strategy ETF | 2.83% | 2.29% | 7.71% | 5.67% |
ISCMF iShares Diversified Commodity Swap UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
KEUA vs. ISCMF - Drawdown Comparison
The maximum KEUA drawdown since its inception was -49.21%, which is greater than ISCMF's maximum drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for KEUA and ISCMF.
Loading graphics...
Drawdown Indicators
| KEUA | ISCMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.21% | -25.42% | -23.79% |
Max Drawdown (1Y)Largest decline over 1 year | -23.06% | -5.69% | -17.37% |
Current DrawdownCurrent decline from peak | -28.26% | -2.55% | -25.71% |
Average DrawdownAverage peak-to-trough decline | -23.35% | -13.97% | -9.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.25% | 2.42% | +5.83% |
Volatility
KEUA vs. ISCMF - Volatility Comparison
The current volatility for KraneShares European Carbon Allowance Strategy ETF (KEUA) is 5.87%, while iShares Diversified Commodity Swap UCITS ETF (ISCMF) has a volatility of 9.72%. This indicates that KEUA experiences smaller price fluctuations and is considered to be less risky than ISCMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| KEUA | ISCMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.87% | 9.72% | -3.85% |
Volatility (6M)Calculated over the trailing 6-month period | 20.60% | 13.85% | +6.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.55% | 16.72% | +10.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.09% | 14.05% | +27.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.09% | 14.05% | +27.04% |