KraneShares California Carbon Allowance Strategy ETF (KCCA)
| Assets | $264.70M |
| Expense Ratio | 0.81% |
| PE Ratio | 20.22 |
| Shares Out | 9.10M |
| Dividend (ttm) | $0.94 |
| Dividend Yield | 3.27% |
| Ex-Dividend Date | Dec 18, 2023 |
| Payout Ratio | 66.67% |
| 1-Year Return | +17.27% |
| Volume | 23,063 |
| Open | 28.82 |
| Previous Close | 29.00 |
| Day's Range | 28.69 - 28.86 |
| 52-Week Low | 24.07 |
| 52-Week High | 31.52 |
| 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 |
|---|---|---|
| Dec 18, 2023 | $0.73594 | Dec 20, 2023 |
| Jun 28, 2023 | $0.20335 | Jun 30, 2023 |
| Dec 28, 2022 | $0.05629 | Dec 30, 2022 |
News
Washington Links Up With CCA Program
California's Carbon Allowances (CCA) market is now extending its reach. Last Friday, the state of Washington passed legislation to link the Washington state cap-and-invest program to the CCA market.
Greenhouse Gases Show No Sign of Abatement
The three primary heat-trapping greenhouse gases increased last year, underscoring the urgent work ahead to curtail emissions. Regulated carbon allowance markets play a critical role in the journey to...
Buy the Dip in California Carbon
California carbon allowance prices dropped rapidly last week on a technical sell-off. While prices recover, investors find themselves with a prime opportunity to gain entry at reduced prices.
2023 Hottest on Record: What Next for Climate?
The United Nations World Meteorological Organization (WMO) issued a “red alert” warning for the climate crisis after 2023's record-breaking year. This year looks to smash even more climate records and...
CCA Program May See Expansion
The California Carbon Allowances (CCA) cap-and-trade program may be expanding its market coverage. On Wednesday, the state of Washington's Department of Ecology announced intent to discuss linking the...
California Emissions Reductions Must Triple
California remains a leader in emissions reductions in the U.S., but its current aggressive trajectories aren't enough. The state must triple its emissions reduction rate to meet 2030 goals.
A Constructive Year for 2 Largest Carbon Markets
Despite a rocky first quarter for the world's two largest regulated carbon markets, the outlook for the year remains positive. Investors currently have a rare opportunity to gain exposure to carbon ma...
Global Indicators Point to Carbon Upswing
New emerging global indicators are giving analysts hope that the carbon market will see a comeback this year. The European Union Allowances (EUA) carbon allowance program has encountered early headwin...
Luke Oliver Talks Carbon Market Investing in 2024
The 2024 macro outlook in the U.S. remains muddled, with persistent inflation seemingly at odds with strong economic data. AI hype and Fed interest rates dominate headlines as well as markets this yea...
KCCA Capitalizes on Robust CCA Interest
It's no secret that the California Carbon Allowance (CCA) cap-and-trade program remains in extremely high demand. Just last week, California's carbon allowance auctions sold out for the fourteenth tim...
Carbon Credit Investing Ready for Its Close-Up
Due to weakness in the EU allowance (EUA) market, carbon allowance investing has scuffled in early 2024. However, some market observers believe that lethargy will abate.
Tap Into Growing Demand for California Carbon Allowances
Consistent, growing demand for California carbon allowances (CCAs) creates strong opportunity for investors looking to tap into a diversified asset class. Results of the most recent CCA auction unders...