KRMA vs. ILCB

Last updated Jul 14, 2026

KRMA (Global X Conscious Companies ETF) and ILCB (iShares Morningstar U.S. Equity ETF) are both Large Cap Growth Equities funds - KRMA tracks the Concinnity Conscious Companies Index GTR Index while ILCB tracks the Morningstar US Large-Mid Cap Index. Both are passively managed. Over the past 10 years, KRMA returned 13.65%/yr vs 14.51%/yr for ILCB. Their correlation of 0.90 suggests significant overlap in exposure. KRMA charges 0.43%/yr vs 0.03%/yr for ILCB.

Performance

KRMA vs. ILCB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Conscious Companies ETF (KRMA) and iShares Morningstar U.S. Equity ETF (ILCB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with KRMA having a 10.58% return and ILCB slightly lower at 10.55%. Over the past 10 years, KRMA has underperformed ILCB with an annualized return of 13.65%, while ILCB has yielded a comparatively higher 14.51% annualized return.

KRMA

• 1D: -0.32%
• 1M: 1.46%
• 6M: 8.62%
• YTD: 10.58%
• 1Y: 20.02%
• 3Y*: 16.75%
• 5Y*: 9.94%
• 10Y*: 13.65%

ILCB

• 1D: -0.79%
• 1M: 1.29%
• 6M: 8.41%
• YTD: 10.55%
• 1Y: 21.38%
• 3Y*: 20.28%
• 5Y*: 12.53%
• 10Y*: 14.51%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KRMA vs. ILCB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KRMA Global X Conscious Companies ETF	10.58%	13.98%	18.12%	22.08%	-18.96%	27.71%	17.53%	30.07%	-3.89%	22.92%
ILCB iShares Morningstar U.S. Equity ETF	10.55%	17.70%	24.96%	26.91%	-19.48%	24.07%	19.40%	32.68%	-8.51%	22.09%

Correlation

The correlation between KRMA and ILCB is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jul 12, 2016	0.90

The correlation between KRMA and ILCB has been stable across timeframes, ranging from 0.90 to 0.95 - a consistent structural relationship.

KRMA vs. ILCB - Sectors Allocation Comparison

Sectors	KRMA	ILCB
Technology	41.0%	37.9%
Financial Services	12.5%	11.7%
Consumer Cyclical	11.1%	9.4%
Healthcare	9.4%	9.0%
Communication Services	8.8%	9.8%
Industrials	5.9%	8.4%
Consumer Defensive	3.6%	4.4%
Energy	2.4%	3.1%
Basic Materials	2.0%	1.8%
Real Estate	2.0%	1.7%
Utilities	1.0%	2.6%

Return for Risk

KRMA vs. ILCB — Risk / Return Rank

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

KRMA

KRMA Risk / Return Rank: 59
KRMA Sharpe Ratio Rank: 60
KRMA Sortino Ratio Rank: 58
KRMA Omega Ratio Rank: 57
KRMA Calmar Ratio Rank: 59
KRMA Martin Ratio Rank: 61

ILCB

ILCB Risk / Return Rank: 64
ILCB Sharpe Ratio Rank: 65
ILCB Sortino Ratio Rank: 64
ILCB Omega Ratio Rank: 64
ILCB Calmar Ratio Rank: 60
ILCB Martin Ratio Rank: 70

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.

KRMA vs. ILCB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Conscious Companies ETF (KRMA) and iShares Morningstar U.S. Equity ETF (ILCB). 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.

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.

	KRMA	ILCB	Difference
Sharpe ratio: Return per unit of total volatility	1.58	1.70	-0.11
Sortino ratio: Return per unit of downside risk	2.20	2.35	-0.14
Omega ratio: Gain probability vs. loss probability	1.28	1.31	-0.03
Calmar ratio: Return relative to maximum drawdown	2.33	2.36	-0.03
Martin ratio: Return relative to average drawdown	8.58	10.22	-1.64

KRMA vs. ILCB - Sharpe Ratio Comparison

The current KRMA Sharpe Ratio is 1.58, which is comparable to the ILCB Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of KRMA and ILCB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KRMA vs. ILCB - Drawdown Comparison

The maximum KRMA drawdown since its inception was -36.16%, smaller than the maximum ILCB drawdown of -51.53%. Use the drawdown chart below to compare losses from any high point for KRMA and ILCB.

Drawdown Indicators

	KRMA	ILCB	Difference
Max Drawdown Largest peak-to-trough decline	-36.16%	-51.53%	+15.37%
Max Drawdown (1Y) Largest decline over 1 year	-8.62%	-9.09%	+0.47%
Max Drawdown (3Y) Largest decline over 3 years	-19.41%	-19.05%	-0.36%
Max Drawdown (5Y) Largest decline over 5 years	-26.12%	-25.47%	-0.65%
Max Drawdown (10Y) Largest decline over 10 years	-36.16%	-35.30%	-0.86%
Current Drawdown Current decline from peak	-2.11%	-1.18%	-0.93%
Average Drawdown Average peak-to-trough decline	-4.90%	-6.22%	+1.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.34%	2.10%	+0.24%

Volatility

KRMA vs. ILCB - Volatility Comparison

The current volatility for Global X Conscious Companies ETF (KRMA) is 3.27%, while iShares Morningstar U.S. Equity ETF (ILCB) has a volatility of 4.11%. This indicates that KRMA experiences smaller price fluctuations and is considered to be less risky than ILCB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KRMA	ILCB	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.27%	4.11%	-0.84%
Volatility (6M) Calculated over the trailing 6-month period	10.01%	10.09%	-0.08%
Volatility (1Y) Calculated over the trailing 1-year period	12.72%	12.69%	+0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.24%	17.23%	+0.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.47%	18.17%	+0.30%

KRMA vs. ILCB - Expense Ratio Comparison

KRMA has a 0.43% expense ratio, which is higher than ILCB's 0.03% expense ratio.

Dividends

KRMA vs. ILCB - Dividend Comparison

KRMA's dividend yield for the trailing twelve months is around 2.38%, more than ILCB's 0.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ILCB iShares Morningstar U.S. Equity ETF	0.98%	1.11%	1.19%	1.43%	1.65%	1.16%	1.26%	2.25%	2.17%	1.81%	1.97%	2.44%
KRMA Global X Conscious Companies ETF	2.38%	2.59%	0.91%	1.16%	0.86%	1.07%	0.96%	1.52%	1.82%	1.21%	0.96%	0.00%

Frequently Asked Questions

Can I hold both KRMA and ILCB in my portfolio?

With a correlation of 0.94, KRMA and ILCB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, KRMA or ILCB?

ILCB has higher volatility (4.11%) compared to KRMA (3.27%). In terms of maximum drawdown, KRMA dropped -36.16% vs ILCB's -51.53%.

Which ETF is better, KRMA or ILCB?

On 10-year performance, ILCB leads with 14.51% vs 13.65% for KRMA. On fees, ILCB is cheaper at 0.03% per year. On volatility, KRMA has been the lower-risk option at 3.27%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KRMA or ILCB?

Over the 10-year period, ILCB has performed better with a 14.51% return vs 13.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KRMA or ILCB?

ILCB is cheaper with a 0.03% expense ratio, compared with 0.43% for KRMA.

Which ETF pays a higher dividend yield, KRMA or ILCB?

KRMA has the higher dividend yield at 2.38%, compared with 0.98% for ILCB.

What is the main difference between KRMA and ILCB?

KRMA tracks Concinnity Conscious Companies Index GTR Index, while ILCB tracks Morningstar US Large-Mid Cap Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.43% for KRMA and 0.03% for ILCB.

Which has better risk-adjusted returns?

ILCB currently has the higher Sharpe Ratio (1.70 vs 1.58), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.