What is KEUA?

KEUA tracks a liquidity-weighted EUA carbon credit futures index.

PERFORMANCE [as of 03/24/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
KEUA -8.73% -1.42% 5.57% 8.24% -- -- --
KEUA (NAV) -8.23% -1.69% 4.20% 9.44% -- -- --
IHS Markit Carbon EUA Index -- -- -- -- -- -- --
Barclays Global Carbon Index Total Return -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

KEUA Factset Analytics Insight

KEUA is passively managed to provide targeted exposure to the European Union Allowances (EUA) cap-and-trade program, the oldest and most liquid carbon allowance market in the world. The index selects and weights futures contracts maturing in December of the next one to two years based on average monthly trade volume. The index reconstitutes and rebalances its portfolio annually. KEUA, however, may not necessarily use a replication strategy to track the index. The fund also utilizes a Cayman Island subsidiary and may hold ultra-short-term, investment-grade fixed income securities as necessary collateral. Prior to December 3, 2021, the fund was named KraneShares European Carbon Allowance ETF and used an active strategy.

KEUA Summary Data

CICC
10/05/21
0.78%
$35.91M
IHS Markit Carbon EUA Index
Barclays Global Carbon Index Total Return
Open-Ended Fund

Peers

Barclays Global Carbon Index Total Return

Fund Flows

-$0.00B 5 Days
+$0.01B 30 Days
+$0.01B 90 Days

KEUA Portfolio Data

Futures
Carbon Credits
N/A
--

KEUA Index Data

IHS Markit Carbon EUA Index
Liquidity
Single Asset
Barclays Global Carbon Index Total Return

KEUA Portfolio Management

0.78%
--
--
--

KEUA Tax Exposures

20.00% / 39.60%
--
No

KEUA Fund Structure

Open-Ended Fund
Yes
--
N/A
N/A
High
Daily

Factset Analytics Block Liquidity

As of 03/27/23

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

KEUA Tradability

57,458
$1.95M
48,034
$1.59M
0.37%
$0.12
-0.21%
26.45% / -3.20%
None
100.00%
25,000
1.92
--
--
163
$31.99
5

KEUA Sector Breakdown

KEUA Segment
Benchmark
94.40% --
5.60% --

KEUA Top 10 Targeted Commodity Weights

49.90%
44.50%
5.60%
100.00%

KEUA Performance Statistics

--
--
--
--
0.00%

KEUA Tenor Strategy

KEUA invests solely in December contracts one to two years out.

KEUA Rolling Strategy

KEUA rolls its futures on every November rebelancing such that all maturities and vintages are extended by a year.

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.