KRBNKraneShares Global Carbon Strategy ETF
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.
KRBN Summary Data
KRBN Portfolio Data
KRBN Index Data
KRBN Portfolio Management
KRBN Tax Exposures
KRBN Fund Structure
KRBN Factset Analytics Block Liquidity
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 Sector Breakdown
KRBN Top 10 Targeted Commodity Weights
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.