KRBNKraneShares Global Carbon ETF

Beat inflation5y track recordRanked #90 of 114 in this goal

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

By KraneShares · Launched 2020

Annual Cost

0.90%

#4,535 of 5,562 · expensive

Fund Size

$146M

#2,585 of 5,562 · mid-size

Return (1Y)Goal

+11.8%

Track Record

5 years

#2,160 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,108+11.1%

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

Classification

How Beacon categorizes this fund

Asset class

Commodity

Focus

Carbon Allowances

Index tracked

S&P Global Carbon Credit Index

What it actually holds

By weight

Concentration

Top 8 holdings = 141.7% of fundconcentrated

KraneShares Sustainable Ultra Shrt Drtn Ind ETF

50.0%

ICE TRUST WEBICE DIRECTKBCZ26 Comdty

25.3%

N/A

22.7%

N/A

14.5%

N/ACFI2Z6

13.9%

N/AUKAFMZ6

5.4%

ICE TRUST WEBICE DIRECTWKDZ26 Comdty

5.4%

EVOLUTION GROUP PLCRGYZ26 Comdty

4.5%

Asset allocation

Bonds

58.3%

Cash

41.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

19.1%Moderate

Year-on-year price swings

Max drawdown

-36.4%Severe

Worst peak-to-trough loss

Sharpe (3Y)

-0.06Below average

Sortino (3Y)

-0.09Moderate 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 cap and trade systems. May also include certain debt instruments to enhance exposure.
Inception date: July 29, 2020
Fund family: KraneShares