KGRNKraneShares MSCI China Clean Technology Index ETF
KGRN Fund Description
KGRN tracks an index of Chinese companies that derive at least 50% of their revenue from products and services that benefit the environment.
KGRN Factset Analytics Insight
KGRN tracks an index of large-, mid and small-cap Chinese companies that derive a significant portion of their revenue from clean technology, specifically from five environmental themes: alternative energy, energy efficiency, sustainable water, green building, and pollution prevention. Potential holdings include A-shares, as well as stocks listed in Hong Kong or outside China. Holdings are market-cap-weighted, with each security weight capped at 10%. Securities having 5% or more weight may not collectively exceed 40% weight of the Index. The resulting portfolio is very narrow, with just a few dozen holdings, favoring small-cap names in the utilities and real estate sectors. The index is rebalanced quarterly.
KGRN MSCI ESG Analytics Insight
KraneShares MSCI China Clean Technology Index ETF has an MSCI ESG Fund Rating of A based on a score of 4.94 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. KraneShares MSCI China Clean Technology Index ETF ranks in the 26th percentile within its peer group and in the 77th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
KGRN MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
KGRN Portfolio Data
KGRN Index Data
KGRN Portfolio Management
KGRN Tax Exposures
KGRN Fund Structure
KGRN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of KGRN. KGRN is rated a 5 out of 5.
KGRN Sector/Industry Breakdown
KGRN Top 10 Holdings[View All]
KGRN Economic Development
KGRN Performance Statistics
KGRN MSCI ESG Ratings
KGRN Benchmark Comparison Summary
KGRN Benchmark Comparison Market Cap Size