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KraneShares MSCI China Clean Technology Index ETF ...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US5007678502
CUSIP
500767850
Issuer
CICC
Inception Date
Oct 13, 2017
Region
Emerging Asia Pacific (China)
Leveraged
1x (No leverage)
Index Tracked
MSCI China IMI Environment 10/40 Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Multi-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in KraneShares MSCI China Clean Technology Index ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

KraneShares MSCI China Clean Technology Index ETF (KGRN) has returned 6.02% so far this year and 12.37% over the past 12 months.


KraneShares MSCI China Clean Technology Index ETF

1D
0.78%
1M
4.51%
YTD
6.02%
6M
-9.29%
1Y
12.37%
3Y*
1.07%
5Y*
-6.33%
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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Oct 13, 2017, KGRN's average daily return is +0.03%, while the average monthly return is +0.66%. At this rate, your investment would double in approximately 8.8 years.

Historically, 52% of months were positive and 48% were negative. The best month was Sep 2024 with a return of +24.5%, while the worst month was Jan 2024 at -20.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.

On a daily basis, KGRN closed higher 48% of trading days. The best single day was Mar 16, 2022 with a return of +18.3%, while the worst single day was Oct 8, 2024 at -10.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.85%0.59%4.51%6.02%
20251.18%14.58%-1.15%-3.56%2.48%2.72%4.75%4.87%11.07%-4.83%-6.36%-4.00%21.45%
2024-20.74%15.36%-3.68%0.22%2.76%-5.79%2.06%-3.02%24.47%-4.50%-3.09%1.51%-1.11%
202316.44%-11.72%2.29%-6.82%-5.74%10.83%11.56%-14.62%-6.07%-6.27%-3.08%2.47%-14.75%
2022-13.06%2.25%-11.59%-12.13%10.48%17.28%-9.22%-9.54%-17.18%-14.50%19.36%-4.11%-40.45%
20219.19%-6.74%-8.94%0.05%2.12%18.09%-2.87%-2.02%-6.68%11.14%2.54%-6.48%5.91%

Benchmark Metrics

KraneShares MSCI China Clean Technology Index ETF has an annualized alpha of -0.59%, beta of 0.69, and R² of 0.16 versus S&P 500 Index. Calculated based on daily prices since October 16, 2017.

  • This ETF participated in 78.06% of S&P 500 Index downside but only 49.93% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.69 may look defensive, but with R² of 0.16 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 0.16 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
-0.59%
Beta
0.69
0.16
Upside Capture
49.93%
Downside Capture
78.06%

Expense Ratio

KGRN has an expense ratio of 0.79%, placing it in the medium range.


Return for Risk

Risk / Return Rank

KGRN ranks 25 for risk / return — below 25% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


KGRN Risk / Return Rank: 2525
Overall Rank
KGRN Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
KGRN Sortino Ratio Rank: 2626
Sortino Ratio Rank
KGRN Omega Ratio Rank: 2525
Omega Ratio Rank
KGRN Calmar Ratio Rank: 3030
Calmar Ratio Rank
KGRN Martin Ratio Rank: 2222
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for KraneShares MSCI China Clean Technology Index ETF (KGRN) and compare them to a chosen benchmark (S&P 500 Index).


KGRNBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.45

0.90

-0.45

Sortino ratio

Return per unit of downside risk

0.81

1.39

-0.58

Omega ratio

Gain probability vs. loss probability

1.11

1.21

-0.10

Calmar ratio

Return relative to maximum drawdown

0.77

1.40

-0.63

Martin ratio

Return relative to average drawdown

1.44

6.61

-5.17

Explore KGRN 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 MSCI China Clean Technology Index ETF provided a 0.81% dividend yield over the last twelve months, with an annual payout of $0.23 per share.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%$0.00$0.20$0.40$0.60$0.80$1.0020182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018
Dividend$0.23$0.23$0.33$0.17$0.54$0.19$0.00$1.09$0.36

Dividend yield

0.81%0.85%1.49%0.74%1.98%0.41%0.01%5.88%2.04%

Monthly Dividends

The table displays the monthly dividend distributions for KraneShares MSCI China Clean Technology Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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$0.23$0.23
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.33$0.33
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.17$0.17
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.54$0.54
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.19$0.19

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the KraneShares MSCI China Clean Technology Index 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 MSCI China Clean Technology Index ETF was 66.24%, occurring on Feb 5, 2024. The portfolio has not yet recovered.

The current KraneShares MSCI China Clean Technology Index ETF drawdown is 44.48%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-66.24%Feb 17, 2021747Feb 5, 2024
-41.14%Jan 23, 2018544Mar 23, 202072Jul 6, 2020616
-9.5%Oct 27, 201729Dec 7, 201717Jan 3, 201846
-8.95%Jan 26, 20214Jan 29, 20217Feb 9, 202111
-8.88%Jul 13, 202011Jul 27, 20207Aug 5, 202018

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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