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KraneShares Global Carbon Strategy ETF (KRBN)
About this ETF
The fund's manager endeavors to track the performance of an underlying index by holding carbon credit futures that are largely equivalent to its constituents. This benchmark specifically measures the returns of a selection of readily tradable carbon credit futures. A defining characteristic of these futures is their stipulation for the actual delivery of emission permits, which are generated within "cap and trade" regulatory frameworks. This investment vehicle maintains a concentrated portfolio.
Price
Top 10 holdings
| KraneShares Sustainable Ultra Short Duration Index ETF KCSH | 55.22% |
| S&P CARBON CREDIT EUA TOTAL RETURN INDEX | 22.77% |
| Cash | 13.03% |
| STATE ST INST US GOV GVMXX | 4.13% |
| BRITISH STERLING POUND | 3.70% |
| EURO | 1.15% |
| UK EMISS ALLOW FU DEC26 | 0.00% |
| WSH CAR ALL V2026 DEC26 | 0.00% |
| EURO FX CURR FUT SEP26 | 0.00% |
| ECX EMISSION DEC26 | 0.00% |
Sector mix
Price chart
Returns
| 1 month | +2.72% |
| 3 months | +11.84% |
| 6 months | -5.46% |
| Year to date | -5.03% |
| 1 year | +12.48% |
| 3 years (ann.) | -3.04% |
| 5 years (ann.) | -2.23% |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 19.01% |
| Sharpe (1y) | 0.71 |
| Sharpe (3y) | -0.04 |
| Sortino (1y) | 0.92 |
| Max drawdown (1y) | -24.98% |
| Max drawdown (5y) | -53.83% |
| Max drawdown (full) | -53.83% |
| Beta vs S&P 500 (1y) | 0.46 |
| Correlation vs S&P 500 (1y) | 0.30 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Cost vs. peers
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2025-12-22 | 2025-12-23 | USD 0.6732 |
| 2024-12-17 | 2024-12-18 | USD 2.0819 |
| 2023-12-18 | 2023-12-20 | USD 1.1301 |
| 2023-06-28 | 2023-06-30 | USD 1.6415 |
| 2022-12-28 | 2022-12-30 | USD 8.3553 |
| 2021-12-29 | 2021-12-31 | USD 0.2478 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Scored coverage: 0.0% of the portfolio by weight.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| State Street SPDR Portfolio S&P 500 ETF SPYM | 0.02% | 159.32B | 0.0% |
| Vanguard Mid-Cap ETF VO | 0.03% | 218.80B | 0.0% |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 0.0% |
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 0.0% |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 0.0% |
