What is KSET?

KSET is passively managed to primarily hold futures contracts on voluntary carbon offset credits. The fund invests in GEOs and N-GEOs that mature in the next two years

PERFORMANCE [as of 03/28/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
KSET -20.09% -44.20% -43.90% -- -- -- --
KSET (NAV) -21.19% -45.12% -45.69% -- -- -- --
Barclays Global Carbon Index Total Return -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

KSET Factset Analytics Insight

KSET is the first US-listed global carbon offset ETF. It provides broad exposure to the voluntary carbon market by investing in carbon offset futures that mature in the next two years and meet certain trading and price criteria. A carbon offset credit represents the reduction of a specific amount of carbon dioxide from the atmosphere. The fund consists of CME-traded Global Emissions Offsets (GEOs) and Nature-Based Global Emission Offsets (N-GEOs). These are designed to allow businesses to manage their GHG-reduction goals by purchasing today carbon offset credits for delivery in the future. The index weights eligible carbon offset credit futures based on liquidity. The fund may have some exposure to other types of carbon offset credit futures, including those issued under cap-and-trade regulatory regimes. KSET utilizes a Cayman Island subsidiary and may hold ultra-short term, investment grade debt as necessary collateral. Prior to August 1, 2022, the fund was actively managed.

KSET Summary Data

CICC
04/27/22
0.79%
$2.04M
S&P GSCI Global Voluntary Carbon Liquidity Weighted Index
Barclays Global Carbon Index Total Return
Open-Ended Fund

Peers

Barclays Global Carbon Index Total Return

Fund Flows

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

KSET Portfolio Data

Futures
Carbon Credits
N/A
--

KSET Index Data

S&P GSCI Global Voluntary Carbon Liquidity Weighted Index
Liquidity
Single Asset
Barclays Global Carbon Index Total Return

KSET Portfolio Management

0.79%
--
--
--

KSET Tax Exposures

20.00% / 39.60%
--
No

KSET Fund Structure

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

Factset Analytics Block Liquidity

As of 03/29/23

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

KSET Tradability

5,193
$30.76K
2,753
$16.47K
2.56%
$0.14
0.23%
9.67% / -5.45%
None
100.00%
50,000
0.06
--
--
0
$5.17
5

KSET Performance Statistics

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--
--
--
0.00%

KSET Tenor Strategy

KSET selects liquid contracts that mature in the next two years.

KSET Rolling Strategy

KSET rolls contracts on a semi-annual basis in January and July over a 5 day period between the 5th and 9th business day of the month.

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.