KRBN vs. KMET ETF Comparison
Comparison of KFA Global Carbon ETF (KRBN) to KraneShares Electrification Metals (KMET)
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
$32.09
Average Daily Volume
45,397
1
KMET
KraneShares Electrification Metals
KMET Description
KraneShares Electrification Metals Strategy ETF is an exchange traded fund launched and managed by Krane Funds Advisors, LLC. The fund invests in commodity markets. It invests through derivatives in metals. The fund uses derivatives such as futures to create its portfolio. It gains exposure to metal futures through its wholly-owned Cayman Islands subsidiary. The fund seeks to track the performance of the Bloomberg Electrification Metals Index. KraneShares Electrification Metals Strategy ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$13.07
Average Daily Volume
3,532
1
Performance
Period | KRBN | KMET |
---|---|---|
30 Days | 4.49% | 1.04% |
60 Days | 0.34% | 0.35% |
90 Days | -1.72% | -4.67% |
12 Months | -11.40% | -6.92% |
1 Overlapping Holdings
Symbol | Grade | Weight in KRBN | Weight in KMET | Overlap | |
---|---|---|---|---|---|
KCSH | D | 57.09% | 21.26% | 21.26% |
KRBN Overweight 0 Positions Relative to KMET
Symbol | Grade | Weight |
---|
KRBN Underweight 0 Positions Relative to KMET
Symbol | Grade | Weight |
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KRBN: Top Represented Industries & Keywords
KMET: Top Represented Industries & Keywords