KCCA vs. KRBN ETF Comparison
Comparison of Kraneshares California Carbon Allowance ETF (KCCA) to KFA Global Carbon ETF (KRBN)
KCCA
Kraneshares California Carbon Allowance ETF
KCCA Description
The KraneShares California Carbon Allowance ETF (KCCA) provides targeted exposure to the California Carbon Allowances (CCA) cap-and-trade carbon allowance program. KCCA is benchmarked to the IHS Markit Carbon CCA Index, which tracks the most traded CCA futures contracts. As a part of the KraneShares suite of carbon ETFs, KCCA provides a new vehicle for participating in the price of carbon and hedging risk while supporting responsible investing and ESG goals.
Grade (RS Rating)
Last Trade
$19.91
Average Daily Volume
43,611
1
KRBN
KFA Global Carbon ETF
KRBN Description
The KFA Global Carbon ETF (the “Fund”) seeks to provide a total return that, before fees and expenses, exceeds that of the IHS Markit Global Carbon Index (the ‘‘Index’’) over a complete market cycle. KRBN is benchmarked to IHS Markit’s Global Carbon Index, which offers broad coverage of cap-and-trade carbon allowances by tracking the most traded carbon credit futures contracts. The index introduces a new measure for hedging risk and going long the price of carbon while supporting responsible investing. Currently, the index covers the major European and North American cap-and-trade programs: European Union Allowances (EUA), California Carbon Allowances (CCA) and the Regional Greenhouse Gas Initiative (RGGI).Grade (RS Rating)
Last Trade
$31.75
Average Daily Volume
53,585
1
Performance
Period | KCCA | KRBN |
---|---|---|
30 Days | -11.16% | 2.52% |
60 Days | -6.70% | 0.83% |
90 Days | 2.63% | -4.57% |
12 Months | -17.62% | -12.75% |
1 Overlapping Holdings
Symbol | Grade | Weight in KCCA | Weight in KRBN | Overlap | |
---|---|---|---|---|---|
KCSH | A | 56.72% | 60.41% | 56.72% |
KCCA Overweight 0 Positions Relative to KRBN
Symbol | Grade | Weight |
---|
KCCA Underweight 0 Positions Relative to KRBN
Symbol | Grade | Weight |
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KCCA: Top Represented Industries & Keywords
KRBN: Top Represented Industries & Keywords