KraneShares Global Carbon Strategy ETF
KRBN - Commodities
KRBN seeks to track the performance of the IHS Markit Global Carbon Index, which measures the performance of global cap-and-trade carbon allowances. The fund is appropriate for investors seeking to protect their portfolio against negative exposure to the price of carbon, or simply gain exposure to the price of carbon. The fund is subject to risk that the price of carbon may decrease, or that cap-and-trade regimes may be discontinued, causing the value of carbon allowances to fall. KRBN may be tax-inefficient, as the gains from the carbon credit investments are distributed as income each year.
KRBN isn’t eligible for Tax-Loss Harvesting, since we can’t find a viable alternate fund.
- Price$32.40as of 04:00 PM EDT, 04/25/2024
- Risk ratingVery highWe base risk ratings on the volatility, or the size and frequency of price fluctuations, of the investment. Typically, a more volatile investment has a higher risk rating.
- Expense ratio0.78%The percentage of fund assets used to cover operating expenses and management fees.
- 52-week high$41.50The highest share price in the past year.
- 52-week low$28.06The lowest share price in the past year.
- Dividend yield8.68%The average percentage of dividends paid relative to the share price over the past year.
- Net assets$315.04MThe total value of all assets held by the fund.
- Volume101,069The average trading volume over the past 90 days.
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