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KraneShares Global Carbon ETF (KRBN) Diversifiers

ETF · Currency in USD · Last updated Jun 23, 2026

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.

Looking to diversify beyond KRBN? The ETFs below have the lowest correlation with KRBN — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from KRBN.

Best Diversifiers for KRBN

2061 ETFs have low correlation with KRBN (below 0.3), 70 of which are negatively correlated. The least correlated is iShares iBonds Oct 2026 Term TIPS ETF (IBIC) (Inflation-Protected Bonds) with a 1Y correlation of -0.14, down from -0.02 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
IBIC
iShares iBonds Oct 2026 Term TIPS ETF-0.15-0.02-0.02
98
Inflation-Protected BondsKRBN vs IBIC
RBIL
F/m Ultrashort Treasury Inflation-Protected Securi...-0.13-0.07-0.07
97
Inflation-Protected BondsKRBN vs RBIL
YCS
ProShares UltraShort Yen-0.13-0.10-0.07
61
Leveraged CurrencyKRBN vs YCS
MYCF
State Street My2026 Corporate Bond ETF-0.10-0.00-0.00
99
Corporate Bonds, Short-Term BondKRBN vs MYCF
BESF
Bastion Energy ETF-0.09-0.09-0.09
75
Energy EquitiesKRBN vs BESF
See all 2071 diversifiers for KRBN

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Diversification Analysis

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