GRN

iPath Series B Carbon ETN
*Unless otherwise stated, data provided by FactSet.

GRN Fund Description

GRN is an ETN that tracks a liquidity-weighted index of carbon-related credit plans. The index holds December futures contracts on EUAs and CERs.

GRN Factset Analytics Insight

GRN offers exposure to global carbon markets as represented by a Barclays index that measures the performance of emissions units—European Union Allowances (EUAs) and Certified Emission Reductions (CERs)—issued under the European Union Emission Trading Scheme and Kyoto protocol. The index consists of all carbon futures contracts with an open interest greater than zero. Each contract is weighted by its proportional individual volume contributed to the total combined volume of all eligible contracts. The index rebalances annually on November, and exits exposure to contracts expiring in the upcoming December—rolling its exposure to futures contracts expiring in the next December. It is worth mentioning that while the index is calculated in USD, the components are denominated in euros.

PERFORMANCE [as of 10/21/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
GRN -5.01% 12.12% 77.69% 134.85% -- -- --
GRN (NAV) -3.67% 11.06% 76.59% 143.53% -- 83.04% --
Barclays Global Carbon II Index -- -- -- -- -- -- --
Barclays Global Carbon Index Total Return -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

GRN Summary Data

Barclays
iPath
09/10/19
Exchange-Traded Note
0.75%
$77.93M
$1.23M
0.35%

GRN Portfolio Data

Futures
Carbon Credits
Annually
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GRN Index Data

Barclays Global Carbon II Index
Liquidity
Fixed
Barclays Global Carbon Index Total Return

GRN Portfolio Management

0.75%
--
--
--

GRN Tax Exposures

20.00% / 39.60%
--
No

GRN Fund Structure

Exchange-Traded Note
Yes
--
Barclays Bank PLC
Low
Medium
Daily

GRN Factset Analytics Block Liquidity

As of 10/22/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of GRN. GRN is rated a 5 out of 5.

GRN Tradability

53,523
$1.23M
50,425
$1.14M
0.35%
$0.08
0.12%
4.16% / -80.11%
None
100.00%
5,000
10.09
--
--
468
$22.86
5

GRN Tenor Strategy

GRN tracks a single contract until shortly before expiration, and replaces it with a contract for delivery in December of the following year.

GRN Rolling Strategy

GRN's contracts are rolled annually to maintain intermediate exposure.

GRN Performance Statistics

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0.00%