KraneShares California Carbon Allowance Strategy ETFKraneShares California Carbon Allowance Strategy ETFKraneShares California Carbon Allowance Strategy ETF

KraneShares California Carbon Allowance Strategy ETF

No trades
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Key stats


Assets under management (AUM)
‪240.01 M‬USD
Fund flows (1Y)
‪29.88 M‬USD
Dividend yield (indicated)
25.02%
Discount/Premium to NAV
1.3%

About KraneShares California Carbon Allowance Strategy ETF


Issuer
Government of China
Brand
KraneShares
Expense ratio
0.87%
Inception date
Oct 5, 2021
Index tracked
IHS Markit Carbon CCA Index - Benchmark TR Gross
Management style
Passive
KCCA is passively managed to provide targeted exposure to the California Carbon Allowance (CCA) cap-and-trade program. Notably, the CCA program also includes carbon credits issued by Quebec, following a Western Climate Initiative in 2014. The index selects futures contracts maturing in December of the next one to two years. The index reconstitutes and rebalances its portfolio annually. KCCA, however, may not necessarily use a replication strategy to track the index. The fund also utilizes a Cayman Island subsidiary and may hold ultra-short-term, investment-grade fixed income securities as necessary collateral. Prior to December 3, 2021, the fund was named KraneShares California Carbon Allowance ETF and used an active strategy.

Classification


Asset Class
Commodities
Category
Energy
Focus
Carbon credits
Niche
Extended term
Strategy
Extended term
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Mutual fund
Bonds, Cash & Other100.00%
ETF56.48%
Mutual fund43.46%
Cash0.05%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Summary
Neutral
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Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.