KraneShares Global Carbon ETF (KRBN)

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

KraneShares Global Carbon ETF (KRBN) has returned -16.13% so far this year and 7.24% over the past 12 months.

Based on dividend-adjusted daily data since Jul 30, 2020, KRBN's average daily return is +0.07%, while the average monthly return is +1.33%. At this rate, your investment would double in approximately 4.4 years.

Historically, 61% of months were positive and 39% were negative. The best month was Nov 2021 with a return of +17.1%, while the worst month was Sep 2022 at -15.0%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 3 months.

On a daily basis, KRBN closed higher 52% of trading days. The best single day was Mar 8, 2022 with a return of +12.2%, while the worst single day was Mar 1, 2022 at -13.1%.

KraneShares Global Carbon ETF has an annualized alpha of 13.11%, beta of 0.39, and R² of 0.05 versus S&P 500 Index. Calculated based on daily prices since July 31, 2020.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (58.01%) than losses (34.18%) — typical of diversified or defensive assets.
• Beta of 0.39 may look defensive, but with R² of 0.05 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 0.05 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.

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

KRBN ranks 19 for risk / return — in the bottom 19% 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.

The table below present risk-adjusted performance metrics for KraneShares Global Carbon ETF (KRBN) and compare them to a chosen benchmark (S&P 500 Index).

KraneShares Global Carbon ETF provided a 2.27% dividend yield over the last twelve months, with an annual payout of $0.67 per share.

The table displays the monthly dividend distributions for KraneShares Global Carbon ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the KraneShares Global Carbon 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 Global Carbon ETF was 36.42%, occurring on Mar 7, 2022. The portfolio has not yet recovered.

The current KraneShares Global Carbon ETF drawdown is 23.55%.

The chart below shows the rolling one-month volatility.