TOTL vs. KDRN
TOTL (State Street DoubleLine Total Return Tactical ETF) and KDRN (Kingsbarn Tactical Bond ETF) are both Intermediate Core-Plus Bond funds. Both are actively managed. Over the past 3 years, TOTL returned 4.32%/yr vs 3.31%/yr for KDRN. A 0.77 correlation means they provide meaningful diversification when combined. TOTL charges 0.55%/yr vs 1.09%/yr for KDRN.
Performance
TOTL vs. KDRN - Performance Comparison
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Returns By Period
In the year-to-date period, TOTL achieves a 0.09% return, which is significantly lower than KDRN's 1.37% return.
TOTL
- 1D
- 0.15%
- 1M
- 0.54%
- YTD
- 0.09%
- 6M
- 0.07%
- 1Y
- 4.02%
- 3Y*
- 4.32%
- 5Y*
- 0.73%
- 10Y*
- 1.59%
KDRN
- 1D
- 0.02%
- 1M
- 0.34%
- YTD
- 1.37%
- 6M
- 1.09%
- 1Y
- 3.23%
- 3Y*
- 3.31%
- 5Y*
- —
- 10Y*
- —
TOTL vs. KDRN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TOTL State Street DoubleLine Total Return Tactical ETF | 0.09% | 7.68% | 3.15% | 5.55% | -11.59% | -0.69% |
KDRN Kingsbarn Tactical Bond ETF | 1.37% | 4.65% | 1.30% | 10.06% | -12.05% | 0.06% |
Correlation
The correlation between TOTL and KDRN is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Dec 21, 2021 | 0.77 |
The correlation between TOTL and KDRN has been stable across timeframes, ranging from 0.77 to 0.82 - a consistent structural relationship.
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Return for Risk
TOTL vs. KDRN — Risk / Return Rank
TOTL
KDRN
TOTL vs. KDRN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street DoubleLine Total Return Tactical ETF (TOTL) and Kingsbarn Tactical Bond ETF (KDRN). 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.
| TOTL | KDRN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.18 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.33 | 1.83 | -0.50 |
| Martin ratioReturn relative to average drawdown | 3.68 | 3.60 | +0.09 |
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Drawdowns
TOTL vs. KDRN - Drawdown Comparison
The maximum TOTL drawdown since its inception was -16.48%, which is greater than KDRN's maximum drawdown of -15.29%. Use the drawdown chart below to compare losses from any high point for TOTL and KDRN.
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Drawdown Indicators
| TOTL | KDRN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.48% | -15.29% | -1.19% |
Max Drawdown (1Y)Largest decline over 1 year | -3.04% | -1.77% | -1.27% |
Max Drawdown (3Y)Largest decline over 3 years | -6.60% | -4.94% | -1.66% |
Max Drawdown (5Y)Largest decline over 5 years | -16.48% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -16.48% | — | — |
Current DrawdownCurrent decline from peak | -1.54% | -0.67% | -0.87% |
Average DrawdownAverage peak-to-trough decline | -3.12% | -4.71% | +1.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.09% | 0.90% | +0.19% |
Volatility
TOTL vs. KDRN - Volatility Comparison
State Street DoubleLine Total Return Tactical ETF (TOTL) has a higher volatility of 1.19% compared to Kingsbarn Tactical Bond ETF (KDRN) at 0.60%. This indicates that TOTL's price experiences larger fluctuations and is considered to be riskier than KDRN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TOTL | KDRN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | 0.60% | +0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 2.62% | 1.95% | +0.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.47% | 3.35% | +0.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.61% | 6.56% | -0.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.79% | 6.56% | -1.77% |
TOTL vs. KDRN - Expense Ratio Comparison
TOTL has a 0.55% expense ratio, which is lower than KDRN's 1.09% expense ratio.
Dividends
TOTL vs. KDRN - Dividend Comparison
TOTL's dividend yield for the trailing twelve months is around 5.27%, more than KDRN's 3.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KDRN Kingsbarn Tactical Bond ETF | 3.33% | 2.54% | 2.83% | 2.84% | 2.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TOTL State Street DoubleLine Total Return Tactical ETF | 5.27% | 5.23% | 5.35% | 4.85% | 4.68% | 3.07% | 2.91% | 3.31% | 3.41% | 3.00% | 3.25% | 2.67% |
Frequently Asked Questions
TOTL and KDRN have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TOTL has higher volatility (1.19%) compared to KDRN (0.60%). In terms of maximum drawdown, TOTL dropped -16.48% vs KDRN's -15.29%.
On 3-year performance, TOTL leads with 4.32% vs 3.31% for KDRN. On fees, TOTL is cheaper at 0.55% per year. On volatility, KDRN has been the lower-risk option at 0.60%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, TOTL has performed better with a 4.32% return vs 3.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TOTL is cheaper with a 0.55% expense ratio, compared with 1.09% for KDRN.
TOTL has the higher dividend yield at 5.27%, compared with 3.33% for KDRN.
They also come from different issuers: State Street and Kingsbarn. Their fees differ too: 0.55% for TOTL and 1.09% for KDRN.
TOTL currently has the higher Sharpe Ratio (1.17 vs 0.97), 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.
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