Welcome to Dividend.com
Please help us personalize your experience.
Select the one that best describes you
Continue to site >
Trending ETFs

KraneShares Global Carbon ETF

etf
KRBN
Dividend policy
None
Price as of:
$35.48 -0.5 0%
primary theme
Commodity
KRBN (ETF)

KraneShares Global Carbon ETF

Dividend policy
None
Price as of:
$35.48 -0.5 0%
primary theme
Commodity
KRBN (ETF)
KraneShares Global Carbon ETF
Dividend policy
None
Price as of:
$35.48 -0.5 0%
primary theme
Commodity

KRBN - Snapshot

Vitals

  • YTD Return 44.1%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $514 M
  • Holdings in Top 10 21.6%

52 WEEK LOW AND HIGH

$35.98
$18.96
$37.66

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.79%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme Commodity
  • Fund Type Exchange Traded Fund
  • Investment Style Commodities Focused

Compare KRBN to Popular Commodity Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$6.26

-1.11%

$5.28 B

0.91%

$0.06

blocked
blocked
blocked

5.92%

1.33%

$11.63

-1.11%

$2.06 B

0.83%

$0.10

blocked
blocked
blocked

25.87%

0.89%

$29.06

-0.62%

$9.82 M

82.12%

$24.01

blocked
blocked
blocked

32.51%

1.67%

$5.91

-1.17%

$1.57 M

1.42%

$0.08

blocked
blocked
blocked

24.95%

0.70%

Compare KRBN to Popular Commodity ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$5.84

-0.51%

$261.61 M

34.93%

$2.05

blocked
blocked
blocked

-11.25%

0.65%

$5.36

+0.09%

$130.72 M

20.26%

$1.09

blocked
blocked
blocked

14.78%

0.85%

$30.31

-0.67%

$109.10 M

2.71%

$0.83

blocked
blocked
blocked

11.11%

0.95%

$8.73

-0.46%

$102.48 M

12.78%

$1.12

blocked
blocked
blocked

-10.09%

0.65%

KRBN - Profile

Distributions

  • YTD Total Return 44.1%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.72%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    KraneShares Global Carbon ETF
  • Fund Family Name
    KraneShares
  • Inception Date
    Jul 28, 2020
  • Shares Outstanding
    14049879
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jonathan Shelon

Fund Description

The fund invests to maintain exposure to carbon credit futures contracts ("carbon credit futures") that are the same as or similar to those included in the index and to exceed the performance of the index through direct or indirect investment in debt instruments. The index is designed to track a portfolio of liquid carbon credit futures with "physical delivery" of emissions allowances issued under "cap and trade" programs. It is non-diversified.


KRBN - Performance

Return Ranking - Trailing

Period KRBN Return Category Return Low Category Return High Rank in Category (%)
YTD 44.1% -67.1% 1777.9% 15.14%
1 Yr N/A -88.7% 120.4% N/A
3 Yr N/A* -47.9% 57.4% N/A
5 Yr N/A* -39.9% 72.1% N/A
10 Yr N/A* -29.8% 12.8% N/A

* Annualized

Return Ranking - Calendar

Period KRBN Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -87.8% 612.3% N/A
2019 N/A -88.2% 438.4% N/A
2018 N/A -81.2% 323.8% N/A
2017 N/A -37.6% 55.7% N/A
2016 N/A -34.9% 49.2% N/A

Total Return Ranking - Trailing

Period KRBN Return Category Return Low Category Return High Rank in Category (%)
YTD 44.1% -67.1% 1777.9% 15.14%
1 Yr N/A -88.7% 120.4% N/A
3 Yr N/A* -47.9% 57.4% N/A
5 Yr N/A* -39.9% 72.1% N/A
10 Yr N/A* -29.8% 12.8% N/A

* Annualized

Total Return Ranking - Calendar

Period KRBN Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -87.8% 295.5% N/A
2019 N/A -88.2% 438.4% N/A
2018 N/A -81.2% 208.1% N/A
2017 N/A -37.6% 55.7% N/A
2016 N/A -34.9% 49.2% N/A

KRBN - Holdings

Concentration Analysis

KRBN Category Low Category High KRBN % Rank
Net Assets 514 M 231 K 59.3 B 33.19%
Number of Holdings 4 1 774 83.44%
Net Assets in Top 10 111 M -354 M 59.3 B 65.56%
Weighting of Top 10 21.59% 19.9% 100.0% 98.20%

Top 10 Holdings

  1. KFA CARBON CFC (138000) 35.13%
  2. KFA CARBON CFC (138000) 35.13%
  3. KFA CARBON CFC (138000) 35.13%
  4. KFA CARBON CFC (138000) 35.13%
  5. KFA CARBON CFC (138000) 35.13%
  6. KFA CARBON CFC (138000) 35.13%
  7. KFA CARBON CFC (138000) 35.13%
  8. KFA CARBON CFC (138000) 35.13%
  9. KFA CARBON CFC (138000) 35.13%
  10. KFA CARBON CFC (138000) 35.13%

Asset Allocation

Weighting Return Low Return High KRBN % Rank
Cash
78.41% -67.95% 100.00% 18.54%
Other
20.50% -56.45% 123.93% 49.01%
Bonds
1.10% -2.31% 126.75% 72.85%
Stocks
0.00% -17.10% 48.08% 59.60%
Preferred Stocks
0.00% 0.00% 0.00% 54.97%
Convertible Bonds
0.00% 0.00% 3.99% 70.20%

Bond Sector Breakdown

Weighting Return Low Return High KRBN % Rank
Cash & Equivalents
98.62% 0.38% 100.00% 10.37%
Government
1.38% 0.00% 99.62% 82.96%
Derivative
0.00% 0.00% 50.00% 62.96%
Securitized
0.00% 0.00% 30.72% 71.11%
Corporate
0.00% 0.00% 60.65% 73.33%
Municipal
0.00% 0.00% 1.36% 60.74%

Bond Geographic Breakdown

Weighting Return Low Return High KRBN % Rank
US
1.10% 0.00% 108.22% 77.48%
Non US
0.00% -15.85% 21.50% 67.55%

KRBN - Expenses

Operational Fees

KRBN Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.79% 0.01% 3.05% 42.41%
Management Fee 0.78% 0.00% 1.75% 76.42%
12b-1 Fee 0.00% 0.00% 1.00% 8.96%
Administrative Fee N/A 0.02% 0.45% N/A

Sales Fees

KRBN Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

KRBN Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

KRBN Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 286.01% 30.07%

KRBN - Distributions

Dividend Yield Analysis

KRBN Category Low Category High KRBN % Rank
Dividend Yield 0.00% 0.00% 6.23% 58.52%

Dividend Distribution Analysis

KRBN Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

KRBN Category Low Category High KRBN % Rank
Net Income Ratio -0.72% -55.71% 60.36% 84.83%

Capital Gain Distribution Analysis

KRBN Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Daily Annually

Dividend Payout History

View More +

KRBN - Fund Manager Analysis

Managers

Jonathan Shelon


Start Date

Tenure

Tenure Rank

Jul 28, 2020

0.92

0.9%

Jonathan Shelon, Managing Partner and Chief Operating Officer at Krane, also serves as a portfolio manager of each Fund and supports Mr. Schlarbaum and Krane’s investment team with respect to each Fund. Mr. Shelon has been a portfolio manager of each Fund since August 2018 (in the case of KraneShares CSI China Internet ETF, KraneShares Electric Vehicles and Future Mobility Index ETF, KraneShares Emerging Markets Consumer Technology Index ETF, KraneShares MSCI All China Healthcare Index ETF, KraneShares MSCI All China Index ETF, KraneShares MSCI China Environment Index ETF, KraneShares MSCI One Belt One Road Index ETF and KraneShares Zacks New China ETF) or since inception (in the case of KraneShares Emerging Markets Healthcare Index ETF, KraneShares MSCI All China Consumer Discretionary Index ETF, KraneShares MSCI All China Consumer Staples Index ETF and KraneShares MSCI China A Inclusion Hedged Index ETF,). Mr. Shelon joined Krane in 2015 as a Managing Partner. Mr. Shelon has spent the majority of his career managing investment portfolios and diverse teams at leading asset management organizations. Most recently, he was the Chief Investment Officer of a 40-person global Specialized Strategies Team at J.P. Morgan with $40 billion AUM. Prior to joining J.P. Morgan, Mr. Shelon spent ten years as a portfolio manager at Fidelity Investments since 2001 where he was responsible for the investment performance, process and evolution of their target-date strategies for retirement savings, college savings and income generation. Prior to joining, he was a quantitative consultant at Callan Associates, Inc.

James Maund


Start Date

Tenure

Tenure Rank

Jul 28, 2020

0.92

0.9%

James Maund, Head of Capital Markets at Krane Funds Advisors LLC. He joined the Krane Funds Advisors in 2020 and has been in the investment management industry since 2005. Previously, he was a Vice President in the Institutional ETF Group and a member of the ETF Capital Markets Group at State Street Global Advisors (2010-2019); and an ETF trader at Goldman Sachs & Co (2005-2010). Mr. Maund graduated with a bachelor’s degree in economics from Wesleyan University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 16.62 6.37 10.59