Kraneshares California Carbon Allowance ETF (KCCA)

NYSEARCA: KCCA · IEX Real-Time Price · USD
22.02
+0.29 (1.33%)
Sep 29, 2022 4:00 PM EDT - Market closed
1.33%
Assets $180.02M
NAV $21.90
Expense Ratio 0.79%
PE Ratio n/a
Shares Out 8.22M
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
1-Year Return -15.08%
Volume 86,062
Open 21.88
Previous Close 21.73
Day's Range 21.80 - 22.32
52-Week Low 20.30
52-Week High 31.52
Beta -0.87
Holdings n/a
Inception Date Oct 5, 2021

About KCCA

The investment seeks to provide a total return that, before fees and expenses, tracks the performance of the IHS Markit Carbon CCA Index. The index is designed to measure the performance of a portfolio of futures contracts on carbon credits issued under the California Carbon Allowance cap and trade regime. The index includes only carbon credit futures that mature in December of the next one to two years. The fund will generally seek to obtain exposure to the same carbon credit futures that are in the index. The fund will invest at least 80% of its net assets in instruments that provide exposure to California Carbon Allowances. It is non-diversified.

Asset Class Commodity
Region North America
Issuer KraneShares
Stock Exchange NYSEARCA
Ticker Symbol KCCA
Index Tracked IHS Markit Carbon CCA Index

News

California Passes More Aggressive Climate Measures, KCCA Benefits

California Governor Gavin Newsom (D) signed into law some of the most aggressive climate initiatives in the U.S. at the beginning of September, committing to 90% clean energy by 2035 and net-zero emissi...

1 week ago - ETF Trends

The U.S. Investment Paradigm Shift Regarding Climate

This year, the world has been ravaged by extreme weather with unprecedented heatwaves sweeping through much of Europe over the summer and droughts, wildfires, flooding, hurricanes, and typhoons all incr...

Other symbols: KEUAKGHGKRBNKSET
1 week ago - ETF Trends

California's Grid Gets Unhealthy Dose of Climate Change

California is currently facing what could be the worst heat wave in the state's history and will contend with an offshore hurricane pulling even more heat across areas of Southern California going into ...

3 weeks ago - ETF Trends

What the Senate Inflation Bill Will Mean for Climate Initiatives

After months and months of failed traction on a climate and tax bill by Senate Democrats, Senator Joe Manchin (D-West Virginia) announced a surprise deal last week with Senate majority leader Chuck Schu...

Other symbols: KGHG
2 months ago - ETF Trends

Why Climate Change Matters for Every Investor (No, Really)

Greenwashing, impact investing, diminished returns, intangibles — the list goes on and on about the conversations the financial world has been having around ESG (environmental, social, and governance) i...

Other symbols: KEUAKGHGKRBNKSET
2 months ago - ETF Trends

A Guide to Global Carbon Markets for July

Diversification remains a big driver for advisors and investors when it comes to portfolios in the challenging environment of this year. Investing in the carbon markets around the world through the full...

Other symbols: KEUAKRBNKSET
3 months ago - ETF Trends

KCCA Surpasses $200 Million AUM

The KraneShares California Carbon Allowance Strategy ETF (KCCA) has seen tremendous flows as of late, bringing its AUM up to over $200 million. The fund launched in October of last year.

3 months ago - ETF Trends

Wall Street's Best Week Since Nov 2020: 5 Best ETF Areas

Wall Street ended its seven-week losing streak last week.

Other symbols: BOATFCGGBDVGUSHPDBCUNG
4 months ago - Zacks Investment Research

Curious About the Benefits of a Carbon Cap-and-Trade Program?

There are many methods of working to fight climate change, from technology-driven approaches such as carbon capture to innovations that inherently reduce or eliminate the production of harmful greenhous...

5 months ago - ETF Trends

Most Supply Chains at High Risk of Climate Disruption

The risks of global warming have been increasingly mapped out in recent months, highlighting the impacts weather events and a warming world would have on populations and industries. A recent study publi...

Other symbols: KEUAKGHGKRBN
5 months ago - ETF Trends

Why Your Portfolio Needs Climate Change-Oriented Funds

As key members of the Paris Agreement work to finalize the creation of the Climate Overshoot Commission, the message has never been clearer: Climate change is dire and will require massive investment an...

Other symbols: KARSKEUAKRBN
5 months ago - ETF Trends

Carbon Credits Claw Back Into The Green

Three of the four U.S.-listed carbon credit ETFs are positive after nosediving in late February.

Other symbols: KEUAKRBN
5 months ago - ETFcom

The Climate Game: A Nuanced Overview of Decarbonization

Governments and industries face an increasingly complex and difficult task in working to curb emissions and global warming. There is a renewed since of urgency thanks to recent findings from the Intergo...

Other symbols: KARSKEUAKGHGKRBN
5 months ago - ETF Trends

ETFs to Access a Maturing Carbon Allowances Market

As the global carbon market gains traction, investors can diversify their portfolios with related exchange traded funds to tap into a maturing new market for trading carbon allowances in the ongoing fig...

Other symbols: KEUAKRBN
6 months ago - ETF Trends

Everything Advisors Need to Know About Current Carbon Markets

War in Ukraine has caused a lot of geopolitical uncertainty for broader markets, and concerns that an energy transition away from Russian oil would lead to greater emissions has impacted European carbon...

Other symbols: KEUAKRBN
6 months ago - ETF Trends

Here's Why You Should be Investing in California's Carbon Market

San Diego Gas & Electric took a lengthy, holistic look at the roadmap to carbon neutrality by 2045 for California in their recent report that takes into account industry-specific needs and tools to calc...

6 months ago - ETF Trends

These Markets Are Poised to Benefit From U.S. Gas Export Surge

The U.S. has committed to helping Europe's gas crisis through exporting liquified natural gas at higher rates than ever before. However, this could come at a serious cost to the U.S. consumer and indust...

6 months ago - ETF Trends

Chevron's Carbon Partnership Highlights Changing Industry

Industries are working to reduce their carbon footprints as regulatory, government, and investor pressures increase. In the more recent string of industry changes was the announcement by Chevron at the ...

Other symbols: KEUAKRBN
7 months ago - ETF Trends

Carbon Credit ETFs Nosedive Amid Russia Tensions

Fears of a recession in Europe have sent the funds down by more than 25%.

Other symbols: KEUA
7 months ago - ETFcom

Top 3 KraneShares Funds by Flows in February

The month of February saw continued market volatility as investor sentiment and uncertainty continued to drive investments. Advisors and investors continued to pivot their investment strategy in anticip...

Other symbols: BNDDKWEB
7 months ago - ETF Trends

Lessons Learned in the California Carbon Market in 2021

Carbon allowance markets are booming, with 2021 seeing a record year of trading within markets; the Intercontinental Exchange (ICE) saw a 30% increase in carbon allowance trades worldwide last year, a t...

8 months ago - ETF Trends

Why Carbon Credit ETFs Soared in 2021

We discuss investing in carbon markets and China tech stocks.

Other symbols: KEUAKRBNKWEB
9 months ago - Zacks Investment Research

Being invested in carbon allowances helps reduce emissions: KraneShares Luke Oliver

Luke Oliver, Kraneshares managing director and lead carbon strategist, joins 'Power Lunch' to discuss carbon's recent growth as the commodity price hits an all-time high. Sign up and learn more about th...

Other symbols: KEUAKRBN
10 months ago - CNBC Television

A Great Time to Buy Into California's Carbon Markets

The 29th carbon market auction just recently happened for the California and Quebec California Air Resources Board (CARB), and the results were somewhat surprising. The auction of the greenhouse gas emi...

10 months ago - ETF Trends

New Global Carbon Market Created

This year's UN global climate summit finally saw the creation of a worldwide carbon market that is set to see carbon credit growth and carbon emission-related markets benefit. The Article 6 rules that c...

Other symbols: KEUA
11 months ago - ETF Trends