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KCCAKraneShares California Carbon Allowance ETF

Diversifier4y track recordRanked #114 of 281 in this goal

Tracks the performance of the S&P Carbon Credit CCA Index Excess Return.

By KraneShares · Launched 2021

Annual Cost

0.95%

#5,033 of 6,040 · expensive

Fund Size

$122M

#2,908 of 6,040 · mid-size

Return (1Y)

-2.2%

Track Record

4 years

#2,464 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$9,922-0.8%

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

What's inside

How Beacon categorizes this fund

Asset class

Commodity

Focus

Carbon Allowances

Index tracked

IHS Markit Carbon CCA Index

Holdings

By weight

Concentration

Top 3 holdings = 189.3% of fundconcentrated

CCA VINTAGE 2026 DEC26KBCZ26 Comdty
99.9%
KraneShares Sustainable Ultra Shrt Drtn Ind ETF
82.2%
N/A
7.2%

Asset allocation

Bonds
50.9%
Cash
49.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
13.8%Moderate

Year-on-year price swings

Max drawdown
-40.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)
-0.51Below average
Sortino (3Y)
-0.66Moderate downside risk

Listing

Exchange
NYSE Arca

Full fund details

Objective
Tracks the performance of the S&P Carbon Credit CCA Index Excess Return.
Strategy
Invests primarily in futures contracts on emission allowances under California's cap and trade regime to track the S&P Carbon Credit CCA Index Excess Return. The Fund may also invest in certain debt instruments and cash equivalents, maintaining at least 80% of net assets in carbon credit futures.
Inception date
October 4, 2021
Fund family
KraneShares

Next steps

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Data updated on 2026-09-18