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KraneShares Global Carbon ETF (KRBN) Diversifiers

ETF · Currency in USD · Last updated Aug 2, 2026
Documentation

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 historically moved differently from KRBN, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for KRBN

2182 ETFs have low correlation with KRBN (below 0.3), 129 of which are negatively correlated.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SBIT
Proshares Ultrashort Bitcoin ETF-0.24——
55
Cryptocurrency, Leveraged CryptocurrencyKRBN vs SBIT
BITI
ProShares Short Bitcoin ETF-0.24-0.09—
61
CryptocurrencyKRBN vs BITI
SMST
Defiance Daily Target 2X Short MSTR ETF-0.23——
52
Inverse EquitiesKRBN vs SMST
MSTZ
T-REX 2X Inverse MSTR Daily Target ETF-0.23——
61
Inverse Equities, Leveraged EquitiesKRBN vs MSTZ
WNTR
YieldMax MSTR Short Option Income Strategy ETF-0.22——
75
Derivative IncomeKRBN vs WNTR
See all 2238 diversifiers for KRBN

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Diversification Analysis

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