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KMLM ETF · KFA Mount Lucas Index Strategy ETF
The KMLM Exchange Traded Fund (ETF) is provided by KraneShares. It is built to track an index: KFAMLM Index. The KMLM ETF provides physical exposure, so by buying it you actually own parts of all the underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
LIVE
CLOSED
Last price
$27.87
1M perf.
+3.17%
1M flows
+€40M
AuM
€211M
E/R
0.9%
Rating
Not rated
ESG Consensus®
KMLM
$27.87
Performance & flows
December 11, 2025 → March 11, 2026
Create a free account to view the flows graph
KMLM
$27.65
+7.67%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +3.17% | +7.67% | +5.82% | +0.18% | +17.13% | +2.33% | +6.31% | +6.31% | |
| Flows |
Key fund info
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
Issuer
CUSIP
500767652
ISIN
US5007676522
AuM
€211M
E/R
0.9%
Replication rating
Not rated
ESG Consensus®
More details
NAV
3/11/2026
$27.64
1D NAV change
+0.36%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
N/A
Inception date
2/12/2020
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Investment strategy
KMLM is benchmarked to the KFA MLM Index, which consists of a portfolio of twenty-two liquid futures contracts traded on U.S. and foreign exchanges. The Index includes futures contracts on 11 commodities, 6 currencies, and 5 global bond markets. These three baskets are weighted by their relative historical volatility, and within each basket, the constituent markets are equal dollar weighted.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +7.67% | +5.82% | +0.18% | +17.13% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Integrates ESG criteria
No
SDG
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Enterprise
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Trackinsight replication rating:
Not rated
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
KFAMLM Index Total Return - USD
Index ticker
KFAMLM Index
Index dividend policy
NTR
Replication method
Replication model
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
KraneShares
KraneShares ID Card
Number of funds
46
Total AuM
€8.8B
Expense ratio range
0.3% - 1.26%
Average expense ratio
0.8404%
Top 5 funds by KraneShares
| AuM | ||
|---|---|---|
KWEB | KraneShares CSI China Internet ETF | €5.86B |
IVOL | Quadratic Interest Rate Volatility and Inflation Hedge ETF | €425M |
KWEB | KraneShares CSI China Internet UCITS ETF | €375M |
KMLM | KFA Mount Lucas Index Strategy ETF | €211M |
AGIX | KraneShares Artificial Intelligence & Technology ETF | €169M |
Frequently asked questions about KMLM
What does KFA Mount Lucas Index Strategy ETF, KMLM, invest in?
KMLM is a Passive ETF. This ETF provides exposure to.
Which benchmark or index does KMLM replicate?
KMLM tracks the KFAMLM Index Total Return - USD, through a full replication replication method.
What is the Total Expense ratio (TER) of KMLM?
KMLM carries a total expense ratio (TER) of 0.9%, indicating the annual cost for holding the fund.
When was KMLM launched?
KMLM was introduced to the market on February 12, 2020. It trades on United States
Who is the ETF issuer of KMLM?
KFA Mount Lucas Index Strategy ETF, KMLM, is provided by KraneShares. Learn more about KraneShares here.
What is the current assets under management (AUM) of KMLM?
KMLM oversees €211M in assets as of March 11, 2026.
How has KMLM performed lately?
Based on data from March 11, 2026, KMLM returned 3.17% over the past month, 7.67% over the last three months and 6.31% year-to-date.
What are the latest inflows or outflows for KMLM?
As of March 11, 2026, KMLM recorded net flows of +€40M over the last month and +€53M year-to-date.
Does KMLM distribute dividends?
KMLM follows a distributing dividend policy, meaning it pays out income to investors. As of March 11, 2026, its 12-month trailing yield was 4.72%.
What is the base currency of KMLM?
The base currency of KMLM is USD.
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