KRBN vs. KEUA
Compare and contrast key facts about KraneShares Global Carbon ETF (KRBN) and KraneShares European Carbon Allowance Strategy ETF (KEUA).
KRBN and KEUA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KRBN is a passively managed fund by CICC that tracks the performance of the IHS Markit Global Carbon Index. It was launched on Jul 30, 2020. KEUA is a passively managed fund by KraneShares that tracks the performance of the S&P Carbon Credit EUA Index. It was launched on Oct 4, 2021. Both KRBN and KEUA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
KRBN vs. KEUA - Performance Comparison
Loading graphics...
KRBN vs. KEUA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
KRBN KraneShares Global Carbon ETF | -14.77% | 23.11% | -13.56% | 8.01% | -12.75% | 19.05% |
KEUA KraneShares European Carbon Allowance Strategy ETF | -19.02% | 32.81% | -14.52% | -3.14% | -2.74% | 22.01% |
Returns By Period
In the year-to-date period, KRBN achieves a -14.77% return, which is significantly higher than KEUA's -19.02% return.
KRBN
- 1D
- 1.62%
- 1M
- 2.72%
- YTD
- -14.77%
- 6M
- -5.87%
- 1Y
- 7.56%
- 3Y*
- -3.42%
- 5Y*
- 8.78%
- 10Y*
- —
KEUA
- 1D
- 0.00%
- 1M
- -0.46%
- YTD
- -19.02%
- 6M
- -8.94%
- 1Y
- 8.03%
- 3Y*
- -6.52%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
KRBN vs. KEUA - Expense Ratio Comparison
KRBN has a 0.79% expense ratio, which is lower than KEUA's 0.87% expense ratio.
Return for Risk
KRBN vs. KEUA — Risk / Return Rank
KRBN
KEUA
KRBN vs. KEUA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares Global Carbon ETF (KRBN) and KraneShares European Carbon Allowance Strategy ETF (KEUA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| KRBN | KEUA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.38 | 0.11 | +0.26 |
Sortino ratioReturn per unit of downside risk | 0.63 | 0.34 | +0.29 |
Omega ratioGain probability vs. loss probability | 1.08 | 1.04 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 0.36 | 0.05 | +0.31 |
Martin ratioReturn relative to average drawdown | 1.14 | 0.15 | +1.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| KRBN | KEUA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.38 | 0.11 | +0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.03 | +0.48 |
Correlation
The correlation between KRBN and KEUA is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
KRBN vs. KEUA - Dividend Comparison
KRBN's dividend yield for the trailing twelve months is around 2.23%, less than KEUA's 2.83% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
KRBN KraneShares Global Carbon ETF | 2.23% | 1.90% | 7.10% | 7.60% | 22.91% | 0.49% |
KEUA KraneShares European Carbon Allowance Strategy ETF | 2.83% | 2.29% | 7.71% | 5.67% | 0.00% | 0.00% |
Drawdowns
KRBN vs. KEUA - Drawdown Comparison
The maximum KRBN drawdown since its inception was -36.42%, smaller than the maximum KEUA drawdown of -49.21%. Use the drawdown chart below to compare losses from any high point for KRBN and KEUA.
Loading graphics...
Drawdown Indicators
| KRBN | KEUA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.42% | -49.21% | +12.79% |
Max Drawdown (1Y)Largest decline over 1 year | -24.98% | -23.06% | -1.92% |
Max Drawdown (5Y)Largest decline over 5 years | -36.42% | — | — |
Current DrawdownCurrent decline from peak | -22.31% | -28.26% | +5.95% |
Average DrawdownAverage peak-to-trough decline | -16.06% | -23.35% | +7.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.84% | 8.25% | -0.41% |
Volatility
KRBN vs. KEUA - Volatility Comparison
KraneShares Global Carbon ETF (KRBN) has a higher volatility of 7.81% compared to KraneShares European Carbon Allowance Strategy ETF (KEUA) at 5.87%. This indicates that KRBN's price experiences larger fluctuations and is considered to be riskier than KEUA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| KRBN | KEUA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.81% | 5.87% | +1.94% |
Volatility (6M)Calculated over the trailing 6-month period | 15.60% | 20.60% | -5.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.12% | 27.55% | -7.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.49% | 41.09% | -12.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.88% | 41.09% | -12.21% |