KRBN

KraneShares Global Carbon Strategy ETF
*Unless otherwise stated, data provided by FactSet.

KRBN Fund Description

KRBN seeks to track a carbon credit futures index that weights holdings based on trade volume. The fund holds December futures from three major cap-and-trade programs

KRBN Factset Analytics Insight

KRBN is the first US-listed ETF to provide access to the carbon allowances futures market. The fund tracks an index that provides exposure to cap-and-trade carbon allowances via futures. The index selects and weights contracts maturing in December of the next one to two years that meet minimum trading volume and dollar values, subject to limits. The index covers three major European and North American cap-and-trade programs: European Union Allowances (EUA), California Carbon Allowances (CCA), and the Regional Greenhouse Gas Initiative (RGGI). The fund also utilizes a Cayman Island subsidiary and may hold ultra-short-term, investment-grade fixed income securities as necessary collateral. Rebalancing and reconstitution is done annually in November. Prior to March 19, 2021, KRBN was named KFA Global Carbon ETF. Also, prior to December 3, 2021, the fund was named KraneShares Global Carbon ETF and was actively managed.

PERFORMANCE [as of 08/17/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
KRBN 12.71% 3.72% 1.38% 38.42% -- -- --
KRBN (NAV) 11.18% 1.22% 1.54% 38.52% -- -- --
IHS Markit Carbon Global Index -- -- -- -- -- -- --
Barclays Global Carbon Index Total Return -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

KRBN Summary Data

CICC
KraneShares
07/30/20
Open-Ended Fund
0.78%
$1.09B
$10.62M
0.17%

KRBN Portfolio Data

Futures
Carbon Credits
N/A
--

KRBN Index Data

IHS Markit Carbon Global Index
Liquidity
Fixed
Barclays Global Carbon Index Total Return

KRBN Portfolio Management

0.78%
--
--
--

KRBN Tax Exposures

20.00% / 39.60%
--
No

KRBN Fund Structure

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

KRBN Factset Analytics Block Liquidity

As of 08/18/22
5
4
3
2
1

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

KRBN Tradability

228,305
$10.62M
209,113
$9.59M
0.17%
$0.08
0.12%
2.05% / -2.36%
None
100.00%
50,000
4.18
0.00%
--
23,592
$51.40
5

KRBN Sector Breakdown


KRBN
Segment Benchmark
99.03%
--
0.97%
--

KRBN Top 10 Targeted Commodity Weights

51.14%
47.92%
100.00%

KRBN Tenor Strategy

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

KRBN Rolling Strategy

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

KRBN Performance Statistics

--
--
--
--
0.00%