KRBN vs. KEUA ETF Comparison
Comparison of KFA Global Carbon ETF (KRBN) to KraneShares European Carbon Allowance ETF (KEUA)
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
$31.86
Average Daily Volume
52,770
1
KEUA
KraneShares European Carbon Allowance ETF
KEUA Description
The KraneShares European Carbon Allowance ETF (KEUA) provides targeted exposure to the European Union Allowances (EUA) cap-and-trade carbon allowance program. KEUA is benchmarked to the IHS Markit Carbon EUA Index, which tracks the most traded EUA futures contracts. As a part of the KraneShares suite of carbon ETFs, KEUA 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
$23.54
Average Daily Volume
2,382
1
Performance
Period | KRBN | KEUA |
---|---|---|
30 Days | 2.86% | 8.61% |
60 Days | 1.16% | 4.75% |
90 Days | -4.25% | -6.97% |
12 Months | -12.46% | -10.86% |
1 Overlapping Holdings
Symbol | Grade | Weight in KRBN | Weight in KEUA | Overlap | |
---|---|---|---|---|---|
KCSH | A | 60.41% | 42.52% | 42.52% |
KRBN Overweight 0 Positions Relative to KEUA
Symbol | Grade | Weight |
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KRBN Underweight 0 Positions Relative to KEUA
Symbol | Grade | Weight |
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KRBN: Top Represented Industries & Keywords
KEUA: Top Represented Industries & Keywords