KFA Value Line Dynamic Core Equity ETF (KVLE) Performance
KVLE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +10.7% since Dec 31, 2025
- 1 year
- +11.3% total return
- 5 years
- +9.7% a year
- Since first price
- +11.9% a year since 2020
KVLE trailing returns vs SPY, QQQ, AGG
| Period | KVLE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.8% | −1.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.6% | −1.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.9% | +3.7% | +7.8% | +8.4% | −1.5% |
| YTD | +10.7% | +8.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +11.3% | +1.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +62.2%+17.5%/yr | +34.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +59.0%+9.7%/yr | +13.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionNov 24, 2020 | +94.4%+11.9%/yr | +36.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: KVLE vs SPY
From Nov 24, 2020: KVLE grew to $19,440, SPY to $22,686.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
KVLE returns by calendar year
4 of 5 full years positive. Best 2021 (+28.0%), worst 2022 (−6.0%). 2026 is year to date.
KVLE annual returns table
| Year | KVLE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +10.7% | −9.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +10.2% | −15.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +18.3% | −5.1% | +24.9% | +25.6% | +1.3% |
| 2023 | +10.5% | −11.2% | +26.2% | +54.9% | +5.7% |
| 2022 | −6.0% | −18.4% | −18.2% | −32.6% | −13.0% |
| 2021 | +28.0% | −5.3% | +28.7% | +27.4% | −1.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
KVLE largest drawdowns
Now 5.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 4, 2022 | −18.4% | Oct 12, 2022 | Jul 12, 2023 | 9 months | 1.5 years |
| Dec 5, 2024 | −16.4% | Apr 8, 2025 | Jul 2, 2025 | 4 months | 7 months |
| Jul 25, 2023 | −11.2% | Oct 27, 2023 | Dec 13, 2023 | 3 months | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
KVLE risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +16.1% | +10.6% | +12.3% |
| Volatility (annualized) | 11.8% | 14.1% | 13.8% |
| Sharpe ratio | 0.97 | 0.53 | 0.69 |
| Sortino ratio | 1.63 | 0.83 | 1.10 |
| Best month | +9.0% | +9.0% | +9.0% |
| Worst month | −5.8% | −9.6% | −9.6% |
| Best 12 months | +31.9% | +31.9% | +31.9% |
| Worst 12 months | +4.9% | −7.4% | −7.4% |
| Positive months | 72% | 63% | 64% |
| Beta vs S&P 500 | 0.84 | 0.82 | — |
| Correlation with S&P 500 | 0.88 | 0.91 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
KVLE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 60 | −7.4% | +11.1% | +31.9% | 90% |
| 3-year (a year) | 36 | +4.7% | +10.4% | +17.7% | 100% |
| 5-year (a year) | 12 | +8.7% | +10.5% | +12.4% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
KVLE performance overview
KFA Value Line Dynamic Core Equity ETF (KVLE) returned +11.3% over the past year and +9.7% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +11.9% a year, turning $10,000 into about $19,440. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −18.4%, from Jan 4, 2022 to Oct 12, 2022, and it took 9 months to get back to the old high. KVLE finished 4 of its 5 full calendar years with a gain; the best year was 2021 (+28.0%) and the worst 2022 (−6.0%). Volatility has been 13.8% a year.
Related: KVLE chart, KVLE holdings, KVLE dividends, KVLE valuation. See the KVLE overview for the latest quote and fund facts.
KVLE performance FAQ
What is the KVLE return over the past year?
KVLE returned +11.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 1.9%.
What is the average annual return of KVLE?
KVLE has returned +9.7% a year over 5 years, +11.9% a year since November 24, 2020 (total return, distributions reinvested).
How much would $10,000 invested in KVLE be worth?
$10,000 invested in KVLE at its first recorded close on November 24, 2020 would be worth about $19,440 on October 23, 2026 with distributions reinvested.
What was the worst year for KVLE?
The worst calendar year was 2022, with a total return of −6.0%. The best was 2021 at +28.0%.
What is the biggest drawdown of KVLE?
The largest peak-to-trough decline was −18.4% between January 4, 2022 and October 12, 2022. It recovered to the old high on July 12, 2023, 9 months after the bottom.
How volatile is KVLE?
Over the past 3 years KVLE had an annualized volatility of 11.8% and a Sharpe ratio of 0.97 (excess return over 1–3 month T-bills per unit of risk).