KMLM ETF Analysis: KFA Mount Lucas Index | NYSE
Managed Futures & Macro | NYSE, USA | Market Cap: 584m USD | 12M Return: 14.2% | US5007676522 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 10.9M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 5.9 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
The KFA Mount Lucas Index Strategy ETF (KMLM) is a systematic trend-following ETF that seeks to track an index composed of commodity, currency, and global fixed income futures contracts traded on U.S. and foreign exchanges. The fund may also invest directly or indirectly in debt instruments, and it operates as a non-diversified fund. Launched in December 2020 and listed on the NYSE, KMLM falls within the Systematic Trend ETF category, a segment of the alternatives market that uses quantitative, rules-based models to identify and follow directional price movements across global futures markets rather than relying on discretionary manager decisions.
- Oil and metals trend reversals erode managed futures returns
- US dollar strength drives currency futures P&L swings
- Global rate path shifts fixed income futures trend signals
- VIX spike disrupts trend following across asset classes
As of November 11, 2026, the stock is trading at USD 28.95 with a total of 149,921 shares traded. Over the past week, the price has changed by -3.88%, over one month by -7.63%, over three months by +0.52% and over the past year by +14.16%.
Current recommended Stop Loss: 28.30 (which is 2.2% or 1.5 ATR below the current price).
KFA Mount Lucas Index has no consensus analysts rating.