KraneShares Global Carbon ETF (KRBN)
KRBN is a passive exchange-traded fund (ETF) managed by China International Capital Corporation (CICC) Smart Beta ETFs. The fund aims to track the investment results of the IHS Markit Global Carbon Index, a broad-based index that includes companies across the globe that have demonstrated a commitment to reducing their carbon emissions and improving their environmental, social, and governance (ESG) performance. It aims to identify companies positioned to benefit from the transition to a low-carbon economy.
By investing in KRBN, investors can gain exposure to a diversified portfolio of companies that operate in various sectors and are committed to reducing their carbon emissions and improving their ESG performance. This can help investors to align their investments with the global trend of reducing carbon emissions and addressing climate change.
The fund was launched on July 30, 2020, and has a 0.79% expense ratio, which is considered high compared to other funds or ETFs.
ETF Info
US5007676787
500767678
Jul 30, 2020
Global (Broad)
1x
IHS Markit Global Carbon Index
Share Price Chart
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Performance
Performance Chart
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.
Returns By Period
KraneShares Global Carbon ETF had a return of -14.33% year-to-date (YTD) and -11.23% in the last 12 months.
KRBN
-14.33%
0.35%
-12.17%
-11.23%
N/A
N/A
^GSPC (Benchmark)
24.05%
1.08%
11.50%
30.38%
13.77%
11.13%
Monthly Returns
The table below presents the monthly returns of KRBN, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -13.13% | -6.97% | 4.31% | 5.66% | 7.20% | -6.60% | -1.32% | 3.18% | -4.44% | -0.09% | -14.33% | ||
| 2023 | 8.45% | 2.53% | -2.22% | -1.77% | -7.32% | 9.60% | 2.48% | -1.78% | -5.34% | 0.17% | -3.26% | 7.83% | 8.01% |
| 2022 | 2.40% | -5.99% | -4.78% | 1.59% | 3.73% | 0.12% | -10.54% | -0.61% | -15.01% | 16.64% | 4.36% | -1.92% | -12.75% |
| 2021 | 1.50% | 8.80% | 5.48% | 12.90% | 6.21% | 7.53% | -4.08% | 12.29% | 3.14% | -0.58% | 17.09% | 6.95% | 107.69% |
| 2020 | 1.39% | 7.35% | -4.92% | -7.02% | 15.93% | 9.91% | 22.60% |
Expense Ratio
KRBN features an expense ratio of 0.79%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of KRBN is 3, indicating that it is in the bottom 3% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for KraneShares Global Carbon ETF (KRBN) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
KraneShares Global Carbon ETF provided a 3.61% dividend yield over the last twelve months, with an annual payout of $1.13 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $1.13 | $2.77 | $8.36 | $0.25 |
Dividend yield | 3.61% | 7.60% | 22.91% | 0.49% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.64 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.13 | $2.77 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $8.36 | $8.36 |
| 2021 | $0.25 | $0.25 |
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.
Worst Drawdowns
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 26.61%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -36.42% | Feb 7, 2022 | 20 | Mar 7, 2022 | — | — | — |
| -16.66% | Sep 15, 2020 | 32 | Oct 28, 2020 | 24 | Dec 2, 2020 | 56 |
| -14.19% | Dec 9, 2021 | 7 | Dec 17, 2021 | 31 | Feb 2, 2022 | 38 |
| -10.67% | May 17, 2021 | 3 | May 19, 2021 | 29 | Jun 30, 2021 | 32 |
| -10.09% | Jul 2, 2021 | 14 | Jul 22, 2021 | 14 | Aug 11, 2021 | 28 |
Volatility
Volatility Chart
The current KraneShares Global Carbon ETF volatility is 6.36%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.