KraneShares California Carbon Allowance Strategy ETF (KCCA)
| Assets | $261.08M |
| Expense Ratio | 0.81% |
| PE Ratio | 20.22 |
| Shares Out | n/a |
| Dividend (ttm) | $0.26 |
| Dividend Yield | 0.90% |
| Ex-Dividend Date | Jun 28, 2023 |
| Payout Ratio | 18.39% |
| 1-Year Return | +34.62% |
| Volume | 10,176 |
| Open | 29.01 |
| Previous Close | 29.02 |
| Day's Range | 28.74 - 29.01 |
| 52-Week Low | 21.15 |
| 52-Week High | 29.38 |
| Beta | n/a |
| Holdings | 3 |
| Inception Date | Oct 5, 2021 |
About KCCA
Fund Home PageThe KraneShares California Carbon Allowance Strategy ETF (KCCA) is an exchange-traded fund that is based on the IHS Markit Carbon CCA index. The fund tracks an index of CCA carbon credit futures. The index holds futures that mature in December of the next one or two years KCCA was launched on Oct 5, 2021 and is issued by KraneShares.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 2023-06-28 | $0.2034 | 2023-06-30 |
| 2022-12-28 | $0.05629 | 2022-12-30 |
News
KraneShares' Carbon ETF KCCA Climbs 26% Year to Date
The KraneShares California Carbon Allowance ETF (KCCA) has offered compelling returns this year as carbon allowances markets increase. KCCA offers targeted exposure to the California Carbon Allowances...
KraneShares and Rockefeller Offer Access to Blue Economy With KSEA Launch
KraneShares and Rockefeller Asset Management have teamed up to launch an ETF offering access to the blue economy.
California Carbon Allowances Auctioned at Record Highs
California carbon allowances prices continue climbing, closing at their highest level at the state's quarterly auction this month. Recent price gains are a preview of what's to come if recent state wo...
KCCA in Focus With California Advancing More Climate Legislation
At the policy level, few countries or states are as committed to fighting climate change and cutting carbon emissions as is California. Alone, the Golden State's status as a leader on the carbon-cutti...
From the Frying Pan Into the Fire: Why Climate Investing Matters
This year brings yet another summer of smashed records as extreme weather wreaks havoc globally. For the world to curtail global warming impacts, trillions will need to be spent in the next decade on ...
How to Unlock the Diversification Potential in Carbon Allowances
Carbon allowances provide a strong diversification opportunity for portfolios, particularly amongst commodities. The difference in the underlying market mechanisms and structure of the major carbon al...
Another State Could Be Catalyst for California Carbon ETF
As its name implies, the KraneShares California Carbon Allowance ETF (KCCA) is an exchange traded fund providing investors with access to the California Carbon Allowances (CCA) cap-and-trade carbon al...
“Material Differences” in Portfolio Performance Focus on Climate
ESG remains a contentious topic for the investing world, and often for good reason, given flagging performance and inconsistent frameworks. There is strong opportunity, however, and substantial differ...
U.S. Emissions Reductions Forecast Still Falls Short
The Inflation Reduction Act did a lot to move the needle in the right direction toward emissions reductions in the U.S. The progress still falls short of the Paris Agreement levels required to curb wa...
KCCA Continues to Rip Higher, up 11% in July
While it's been a rocky year for most commodities, it's been a relatively good one for carbon markets despite volatility. Investors looking to diversify their commodity exposure and portfolios should ...
Extreme Heat Brings Climate Into Focus, Carbon Markets Rally
Recent record-setting heatwaves in North America, Europe, and China are likely the new norm as global warming continues. As heat indexes soar and electricity demand surges, global carbon market prices...
Global Heatwaves Could Warm Up Investors to Carbon ETFs
This summer is turning into one of the hottest on record around the globe, which could force investors to warm up to carbon credit-focused exchange traded funds (ETFs). “Historic heatwaves are sweepin...
California's Carbon Market Forecast for Supply Deficit by 2030
The future is bright for California's carbon market as it works to tighten aggressively and rapidly reduce emissions. Reforms in the next year will likely bring carbon allowances into deficit territor...
California Carbon Allowances a Less Volatile Commodity
This year remains a challenging one for most commodities as global economic slowing undermines demand. Ongoing uncertainty in the U.S. led to prolonged market volatility in the last six months — volat...
BloombergNEF: California Carbon Prices to Double by 2030
Since the introduction of the first carbon allowances ETF in 2020, the KraneShares Global Carbon Strategy ETF (KRBN), carbon allowance ETFs have attracted over $730 million in net flows. Nearly $247 m...
How to Invest in the Biggest Macro Trend in History
Semiconductors, AI, crypto — megatrend investing remains a popular option for all manner of advisors and investors. Megatrends remain ever changing but there's an even larger super cycle in global mar...
Carbon Continues Summer Climb, These ETFs Benefit
Though equities rose for much of June, many commodity classes tumbled, particularly within the energy sector. Carbon allowances climbed in June and investors seeking to capture global performance shou...
NYSE's ETF Leaders: KraneShares' Luke Oliver
Luke Oliver, head of climate investments at KraneShares, said there's a new asset class not enough people are talking about. And that asset class is carbon markets.
Carbon Allowances Outperform Broad Commodities YTD
Many commodities are off their 2022 highs as recession concerns continue to weigh heavily on demand forecasts. Investors looking to enhance or change their commodity exposures this year should conside...
When Broad Commodities Tumble, Consider Carbon Allowances
Commodities face several headwinds as a U.S. recession looms over the second half of the year. Broad commodities are down year-to-date but California's carbon allowances are up, and the KraneShares Ca...
Top 3 KraneShares ETFs by Returns: Diversification and Defense
On top of market volatility, this year is ratcheting up political pressure between China and the U.S. It's little surprise that the top-performing funds from the lineup of KraneShares' ETFs largely fo...
A Guide to Understanding the California Carbon Market
Advisors and investors seeking opportunities in commodities often overlook carbon allowances and the diversification benefits they offer portfolios. Within the U.S., the California carbon market benef...
California Carbon Allowance Price to Grow 250% By 2029
Price forecasts for one carbon allowance in the California cap-and-trade program are $100 per ton by 2029. It's a sharp increase from current prices and the KraneShares California Carbon Allowance ETF...
KCCA, a California Carbon Allowances ETF, Is a Buy
California's cap-and-trade program continues to tighten and set aggressive emissions targets, creating potential positive price pressures for carbon allowances looking ahead that provides opportunitie...
Luke Oliver Talks Carbon Allowances and Innovation
Bank turmoil, Fed interest rate hikes, sticky inflation, geopolitical tension, economic recession — you can name almost any of the major risk factors, and markets and investors have had to contend wit...