Dividend-adjusted total return · S&P 500 uses VOO · Dec 2, 2020 – Nov 5, 2026KMLMS&P 500 · VOO
KraneShares Mount Lucas Managed Futures Index Strategy ETFKMLM
$29.09
−0.4% last session
+12.1% YTD
Data as of 11/5/20264:00 PM ET · End-of-day
| Returns | 1D | 1M | 3M | YTD | 1Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|
| Total return | −0.4% | −7.4% | +3.1% | +12.1% | +16.0% | −4.8% | +26.3% | +48.6% |
| S&P 500 · VOO | −4.4% | −5.7% | −4.9% | +8.4% | +9.8% | +82.2% | +71.6% | — |
Key Statistics
Open all fund facts →- AUM
- $586M
- Expense ratio
- 0.90%
- Distribution yield
- 4.5%
- NAV
- $29.30
- Volume
- 2.4M
- Avg. volume 30D
- 400K
- High today
- $29.48
- Low today
- $28.95
- Previous close
- $29.22
- 52-week high
- $31.74
- 52-week low
- $25.77
- Our risk indicator
- 4/5
KMLM in One Breath
KMLM Among Its Peers
YTDEnd-of-day Nov 6, 2026 · 1 ETFs by YTD
$10,000 in KMLM
5Y$10,000 in KMLM became
$12,626
In the S&P 500 (VOO)
$17,156
Total return, dividends in · Oct 28, 2021 – Nov 5, 2026 · S&P 500 uses VOO
KMLM’s Top Holdings
TodayCashCash42.9%B 11/17/2615.3%B 12/15/2614.4%B 12/29/2614.4%B 12/01/2613.6%
CashCash42.9%B 11/17/2615.3%B 12/15/2614.4%B 12/29/2614.4%B 12/01/2613.6%
KraneShares KMLM · 31 holdings · top 5 shown · tile size = share of the fund · as of Nov 5, 2026
What KMLM Holds
TodayAll holdings100.7%
Cash 42.9 · B 11/17/26 15.3 · B 12/15/26 14.4 · B 12/29/26 14.4 · B 12/01/26 13.6
KraneShares KMLM · share of the fund · as of Nov 5, 2026
Cash’s Share of KMLM
Today42.9%
$429 of every $1,000 in KMLM is Cash
Cash held by KMLM
$251M
KraneShares KMLM · each square = $10 of $1,000 · as of Nov 5, 2026
KMLM’s Size vs Its Peers
Today$586Mthe largest ETF
AUM · KMLM and the 0 largest peers · Nov 6, 2026
KMLM Fee per $100 vs Peers
TodayExpense ratio · peers · Nov 6, 2026
Inside KMLM
5 holdings · as of Nov 5, 2026KMLM
KraneShares Mount Lucas Managed Futures Index Strategy ETF
TodayAll holdings100.7%CashCASH42.9%B 11/17/2615.3%B 12/15/2614.4%B 12/29/2614.4%B 12/01/2613.6%
All holdings100.7%CashCASH42.9%B 11/17/2615.3%B 12/15/2614.4%B 12/29/2614.4%B 12/01/2613.6%
| # | Ticker | Company | Weight ▼ |
|---|---|---|---|
| 1 | — | CASH | 42.91% |
| 2 | — | B 11/17/26 | 15.34% |
| 3 | — | B 12/15/26 | 14.44% |
| 4 | — | B 12/29/26 | 14.42% |
| 5 | — | B 12/01/26 | 13.61% |
KraneShares KMLM · current holdings by weight · as of Nov 5, 2026 · each tile is one holding
All KMLM Holdings
31 holdings · as of Nov 5, 2026KMLM
KMLM’s Holdings
Today| # | |||||
|---|---|---|---|---|---|
| 1 | —Cash | 42.91% | $4,291.16 | 251.5M | $251.5M |
| 2 | —B 11/17/26 | 15.34% | $1,533.90 | 90.0M | $89.9M |
| 3 | —B 12/15/26 | 14.44% | $1,444.26 | 85.0M | $84.6M |
| 4 | —B 12/29/26 | 14.42% | $1,441.87 | 85.0M | $84.5M |
| 5 | —B 12/01/26 | 13.61% | $1,361.41 | 80.0M | $79.8M |
| 6 | —Soybean Future Mar27 | 0.00% | $0.00 | 673 | $0 |
| 7 | —CAN 10yr Bond FUT Dec26 | 0.00% | $0.00 | -1,869 | $0 |
| 8 | —Corn Future Dec26 | 0.00% | $0.00 | -1,336 | $0 |
| 9 | —Sugar #11 (world) Mar27 | 0.00% | $0.00 | 1,931 | $0 |
| 10 | —JPN 10Y Bond(ose) Dec26 | 0.00% | $0.00 | -195 | $0 |
| 11 | —NY Harb Ulsd FUT Dec26 | 0.00% | $0.00 | 213 | $0 |
| 12 | —Gasoline Rbob FUT Dec26 | 0.00% | $0.00 | 316 | $0 |
| 13 | —Live Cattle Futr Dec26 | 0.00% | $0.00 | 158 | $0 |
| 14 | —Wheat Future(cbt) Dec26 | 0.00% | $0.00 | 66 | $0 |
| 15 | —Long Gilt Future Dec26 | 0.00% | $0.00 | -1,368 | $0 |
KraneShares KMLM · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 5, 2026
How It Compares
KMLM
KraneShares Mount Lucas Managed Futures Index Strategy ETF’s Peers
TodayKMLM has no close peers in our data yet: […]
Similar peers · Today’s and past-year returns · as of Nov 6, 2026 · sorted by AUM
Head to Head
KMLM vs VOO
YTDKMLM · KraneShares Mount Lucas Managed Futures Index Strategy
+12.1%
VOO · S&P 500
+8.4%
Gap
3.7 pts
KraneShares KMLM and Vanguard VOO · Today total return · as of Nov 6, 2026
KMLM vs Its Peer Average
YTDKMLMAvsBPeer average
1D−0.4%[…]
1M−7.4%[…]
3M+3.1%[…]
YTD+12.1%[…]
1Y+16.0%[…]
3Y−4.8%[…]
5Y+26.3%[…]
0–0level
0 peers · each row scaled to its leader
The Details
KMLM
Risk
1Y4/5our risk indicator
CalmerBumpier
Volatility · 1Y13.63%
Deepest drop · 1Y−9.6%
Lowest point · 5Y−3.9%
52-week range
$29.09
$25.77−8.3% from the high$31.74
KraneShares KMLM · past-year price moves · as of Nov 6, 2026
KMLM
Fund Facts
Today2020launched Dec 1
Tracks[…]
Exchange · CUSIPAMEX · 500767652
StructureETF
Leverage1x
Cost on $10,000$90 a year
Go deeper
KraneShares KMLM · fund facts · as of Nov 6, 2026
KMLM
Payouts by Year
4Y$1.30per share, Dec 2025
Distribution yield4.5%
PaidOnce a year, in December
Latest ex-date · paidDec 22 · Dec 23, 2025
4 payouts added up$7.41 a share
KraneShares KMLM · distributions by ex-date · 2021–2025
All Fund FactsDocuments · trading · fees · every payout
Prospectus & Documents
SEC reported portfolio · 2026-06-30 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2026-03-31 ↗SEC reported portfolio · 2025-12-31 ↗SEC reported portfolio · 2025-09-30 ↗SEC reported portfolio · 2025-06-30 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-03-31 ↗SEC reported portfolio · 2024-12-31 ↗SEC reported portfolio · 2024-09-30 ↗SEC reported portfolio · 2024-06-30 ↗summary prospectus · SEC 497K ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2024-03-31 ↗SEC reported portfolio · 2023-12-31 ↗SEC reported portfolio · 2023-09-30 ↗SEC reported portfolio · 2023-06-30 ↗summary prospectus · SEC 497K ↗
Trading & Liquidity
Net asset value$29.30
Premium / discount[…]
Median spread · 30D[…]
Volume today2.4M
Average volume · 30D400K
Shares outstanding[…]
Options[…]
Fees & Costs
Net expense ratio0.90%
Gross expense ratio[…]
Management fee[…]
Cost on $10,000 a year$90.00
Our risk indicator4/5
Estimated yearly cost excludes trading costs and assumes constant assets.
Distributions
| Ex-date | Paid | Per share |
|---|---|---|
| Dec 22, 2025 | Dec 23, 2025 | $1.30 |
| Dec 17, 2024 | Dec 18, 2024 | $0.23 |
| Dec 28, 2022 | Dec 30, 2022 | $4.04 |
| Dec 29, 2021 | Dec 31, 2021 | $1.84 |
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