All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

KMLM: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

KMLM real return snapshot: after CPI-U inflation, KMLM returned +17.01% over the past year and +15.23% YTD, with dividends reinvested. Since Dec. 2, 2020, KMLM is up +16.71% in real purchasing-power return, or +2.68%/yr, and is currently −21.58% below its real total-return high on Oct. 14, 2022.

Data ending Fri Oct. 9, 2026

Growth of $10,000

Wed 2020-12-02💬 to Fri 2026-10-09 Overall
Return 		Exponential
Trendline
KMLM × 		+16.71%
+2.68%/yr 		−2.22%/yr
R2=0.168
KFA Mount Lucas Index Strategy ETF Exchange-Traded Fund

Growth of $10,000 Summary

Wed 2020-12-02💬 to Fri 2026-10-09 Start
Value 		End
Value
KMLM × 		$10,000.00
2020-12-02 		$11,670.96
2026-10-09

This Year’s Performance

through 2026-10-09

  YTD YoY
KMLM × 		+15.23% +17.01%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
KMLM × 		−21.58%
on 2026-10-09
from 2022-10-14 peak 		−36.33%
on 2025-06-20
from 2022-10-14 peak

Rolling Returns

Period ending Fri 2026-10-09 1 yr 2 yr 3 yr 5 yr 10 yr
KMLM × 		+17.01% +10.97%
+5.34%/yr 		−5.29%
−1.80%/yr 		+4.60%
+0.90%/yr 		—

Annual Returns

Year KMLM
2026 (YTD) +15.23%
2025 −5.51%
2024 −4.45%
2023 −8.72%
2022 +16.70%
2021 +0.00%
2020 +5.31%