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 +14.76% over the past year and +14.13% YTD, with dividends reinvested. Since Dec. 2, 2020, KMLM is up +15.60% in real purchasing-power return, or +2.50%/yr, and is currently −22.33% below its real total-return high on Oct. 14, 2022.

Data ending Thu Oct. 15, 2026

Growth of $10,000

Wed 2020-12-02💬 to Thu 2026-10-15 Overall
Return 		Exponential
Trendline
KMLM × 		+15.60%
+2.50%/yr 		−2.20%/yr
R2=0.165
KFA Mount Lucas Index Strategy ETF Exchange-Traded Fund

Growth of $10,000 Summary

Wed 2020-12-02💬 to Thu 2026-10-15 Start
Value 		End
Value
KMLM × 		$10,000.00
2020-12-02 		$11,559.74
2026-10-15

This Year’s Performance

through 2026-10-15

  YTD YoY
KMLM × 		+14.13% +14.76%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
KMLM × 		−22.33%
on 2026-10-15
from 2022-10-14 peak 		−36.33%
on 2025-06-20
from 2022-10-14 peak

Rolling Returns

Period ending Thu 2026-10-15 1 yr 2 yr 3 yr 5 yr 10 yr
KMLM × 		+14.76% +7.84%
+3.85%/yr 		−6.55%
−2.23%/yr 		+2.55%
+0.51%/yr 		—

Annual Returns

Year KMLM
2026 (YTD) +14.13%
2025 −5.51%
2024 −4.45%
2023 −8.72%
2022 +16.70%
2021 +0.00%
2020 +5.31%