All charts and data below are with dividends reinvested. (Inflation adjustment is OFF !)

Total Real Returns

KMLM: Total Return Chart (with Dividends Reinvested)

KMLM total return snapshot: KMLM returned +20.86% over the past year and +19.08% YTD, with dividends reinvested. Since Dec. 2, 2020, KMLM is up +50.18% in nominal total return, or +7.25%/yr, and is currently −11.68% below its total-return high on Oct. 14, 2022.

Data ending Fri Sep. 25, 2026

Growth of $10,000

Wed 2020-12-02💬 to Fri 2026-09-25 Overall
Return 		Exponential
Trendline
KMLM × 		+50.18%
+7.25%/yr 		+1.71%/yr
R2=0.078
KFA Mount Lucas Index Strategy ETF Exchange-Traded Fund

Growth of $10,000 Summary

Wed 2020-12-02💬 to Fri 2026-09-25 Start
Value 		End
Value
KMLM × 		$10,000.00
2020-12-02 		$15,017.86
2026-09-25

This Year’s Performance

through 2026-09-25

  YTD YoY
KMLM × 		+19.08% +20.86%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
KMLM × 		−11.68%
on 2026-09-25
from 2022-10-14 peak 		−31.01%
on 2025-06-20
from 2022-10-14 peak

Rolling Returns

Period ending Fri 2026-09-25 1 yr 2 yr 3 yr 5 yr 10 yr
KMLM × 		+20.86% +12.82%
+6.22%/yr 		+1.00%
+0.33%/yr 		+32.75%
+5.83%/yr 		—

Annual Returns

Year KMLM
2026 (YTD) +19.08%
2025 −2.98%
2024 −1.70%
2023 −5.66%
2022 +24.24%
2021 +7.04%
2020 +5.40%