KCCAKraneShares California Carbon Allowance ETF

Beat inflation Take a bet4y track recordRanked #91 of 114 in this goal

Seeks to provide investment results that correspond to carbon credit futures performance.

By KraneShares · Launched 2021

Annual Cost

0.91%

#4,563 of 5,562 · expensive

Fund Size

$118M

#2,783 of 5,562 · mid-size

Return (1Y)Goal

+16.8%

Track Record

4 years

#2,509 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,405+14.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Commodity

Focus

Carbon Allowances

Index tracked

IHS Markit Carbon CCA Index

What it actually holds

By weight

Concentration

Top 2 holdings = 81.6% of fundconcentrated

Kraneshares Sust Ultra Shrt Dur Idx ETFKCSH

76.6%

State Street Instl US Govt MMkt PremierGVMXX

4.9%

Asset allocation

Cash

52.1%

Bonds

47.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

15.7%Moderate

Year-on-year price swings

Max drawdown

-40.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)

-0.23Below average

Sortino (3Y)

-0.30Moderate downside risk

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investment results that correspond to carbon credit futures performance.
Strategy: Invests primarily in carbon credit futures aligned with an index of emission allowances from a cap-and-trade system. The strategy aims to track the performance of these futures to reflect greenhouse gas emission reduction efforts.
Inception date: October 4, 2021
Fund family: KraneShares