Share Price Chart
Loading graphics...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in KraneShares European Carbon Allowance Strategy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Loading graphics...
Returns By Period
KraneShares European Carbon Allowance Strategy ETF (KEUA) has returned -19.02% so far this year and 10.80% over the past 12 months.
KraneShares European Carbon Allowance Strategy ETF
- 1D
- 0.00%
- 1M
- 0.29%
- YTD
- -19.02%
- 6M
- -8.16%
- 1Y
- 10.80%
- 3Y*
- -6.52%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Oct 5, 2021, KEUA's average daily return is +0.04%, while the average monthly return is +0.57%. At this rate, your investment would double in approximately 10.2 years.
Historically, 57% of months were positive and 43% were negative. The best month was Nov 2021 with a return of +26.3%, while the worst month was Jan 2024 at -20.6%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.
On a daily basis, KEUA closed higher 49% of trading days. The best single day was Mar 8, 2022 with a return of +18.5%, while the worst single day was Mar 1, 2022 at -16.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -5.62% | -14.44% | 0.29% | -19.02% | |||||||||
| 2025 | 14.22% | -15.00% | -0.01% | 2.24% | 5.50% | 1.62% | 2.29% | 3.29% | 4.18% | 3.18% | 6.47% | 3.23% | 32.81% |
| 2024 | -20.55% | -11.87% | 10.08% | 9.56% | 9.65% | -10.82% | 3.57% | 4.06% | -5.98% | -2.99% | 3.06% | 2.18% | -14.52% |
| 2023 | 14.00% | 2.89% | -4.33% | -3.36% | -10.98% | 13.44% | -1.98% | -2.46% | -8.16% | -1.50% | -8.01% | 11.16% | -3.14% |
| 2022 | 10.69% | -9.64% | -7.47% | 5.33% | 0.85% | 5.51% | -12.92% | 1.39% | -20.11% | 21.63% | 13.84% | -3.99% | -2.74% |
| 2021 | -10.29% | 26.31% | 7.68% | 22.01% |
Benchmark Metrics
KraneShares European Carbon Allowance Strategy ETF has an annualized alpha of 5.64%, beta of 0.40, and R² of 0.03 versus S&P 500 Index. Calculated based on daily prices since October 06, 2021.
- This ETF participated in 27.34% of S&P 500 Index downside but only 16.57% of its upside — more exposed to losses than it benefited from rallies.
- Beta of 0.40 may look defensive, but with R² of 0.03 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R² of 0.03 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 5.64%
- Beta
- 0.40
- R²
- 0.03
- Upside Capture
- 16.57%
- Downside Capture
- 27.34%
Expense Ratio
KEUA has an expense ratio of 0.87%, placing it in the medium range.
Return for Risk
Risk / Return Rank
KEUA ranks 14 for risk / return — in the bottom 14% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for KraneShares European Carbon Allowance Strategy ETF (KEUA) and compare them to a chosen benchmark (S&P 500 Index).
| KEUA | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.11 | 0.90 | -0.78 |
Sortino ratioReturn per unit of downside risk | 0.34 | 1.39 | -1.04 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.21 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 0.05 | 1.40 | -1.35 |
Martin ratioReturn relative to average drawdown | 0.15 | 6.61 | -6.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore KEUA risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
KraneShares European Carbon Allowance Strategy ETF provided a 2.83% dividend yield over the last twelve months, with an annual payout of $0.64 per share.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $0.64 | $0.64 | $1.67 | $1.56 |
Dividend yield | 2.83% | 2.29% | 7.71% | 5.67% |
Monthly Dividends
The table displays the monthly dividend distributions for KraneShares European Carbon Allowance Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.64 | $0.64 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.67 | $1.67 |
| 2023 | $1.56 | $1.56 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the KraneShares European Carbon Allowance Strategy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the KraneShares European Carbon Allowance Strategy ETF was 49.21%, occurring on Feb 22, 2024. The portfolio has not yet recovered.
The current KraneShares European Carbon Allowance Strategy ETF drawdown is 28.26%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -49.21% | Feb 7, 2022 | 513 | Feb 22, 2024 | — | — | — |
| -18.5% | Dec 9, 2021 | 7 | Dec 17, 2021 | 31 | Feb 2, 2022 | 38 |
| -14.6% | Oct 6, 2021 | 10 | Oct 19, 2021 | 19 | Nov 15, 2021 | 29 |
| -1.98% | Dec 3, 2021 | 1 | Dec 3, 2021 | 1 | Dec 6, 2021 | 2 |
| -1.15% | Nov 22, 2021 | 2 | Nov 23, 2021 | 1 | Nov 24, 2021 | 3 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...