KraneShares European Carbon Allowance ETF (KEUA)

NYSEARCA: KEUA · IEX Real-Time Price · USD
23.25
+0.35 (1.53%)
Oct 4, 2022 4:00 PM EDT - Market closed
1.53%
Assets $20.84M
NAV $23.16
Expense Ratio 0.79%
PE Ratio n/a
Shares Out 900,000
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
1-Year Return -10.73%
Volume 5,257
Open 23.58
Previous Close 22.90
Day's Range 23.15 - 23.58
52-Week Low 21.01
52-Week High 104.72
Beta 1.52
Holdings 3
Inception Date Oct 5, 2021

About KEUA

The investment seeks to provide a total return that tracks the performance of the IHS Markit Carbon EUA Index. The index is designed to measure the performance of a portfolio of futures contracts on carbon credits issued under the European Union Emissions Trading System 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 European carbon allowances. It is non-diversified.

Asset Class Commodity
Region Europe
Issuer KraneShares
Stock Exchange NYSEARCA
Ticker Symbol KEUA
Index Tracked IHS Markit Carbon EUA Index

News

European Emissions Allowances Gain Acceptance From Major Clearing House

Clearing house members in the European Union have been tackling elevated margin requirements, but they're finally getting some assistance from Ice Clear Europe with the acceptance of European Union emis...

Other symbols: KRBN
5 days ago - ETF Trends

As EU Addresses Energy Reforms, Carbon Prices Stabilize

Energy markets in Europe are leveling out from the latest blow from Russia when the Nord Stream 1 pipeline was shut off entirely at the end of August.

Other symbols: KRBN
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: KCCAKGHGKRBNKSET
2 weeks ago - ETF Trends

Top-Performing ETFs of Last Week

Wall Street was downbeat last week

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2 weeks ago - Zacks Investment Research

Europe's Carbon Market Already Pricing in Credit Reserve Sales

Europe's energy crisis is likely to lead it to sell shares of its carbon credits from reserves to raise funding to help curb crippling energy prices heading into the fall and winter.

Other symbols: KRBN
2 weeks ago - ETF Trends

Best ETF Areas of Last Week

Wall Street was moderately downbeat last week with the S&P 500, the Dow Jones, the Nasdaq and the Russell 2000 -- all losing last week.

Other symbols: HDKSETPFIXSARKWMT
1 month ago - Zacks Investment Research

Europe's Short-Term Pivot to Coal Means Long-Term Pressure for Allowances

Gas prices just keep going up in Europe as Russia undergoes routine maintenance that is leaving the Nord Stream pipeline running at significantly reduced flows to Europe, reported Bloomberg.

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: KCCAKGHGKRBNKSET
2 months ago - ETF Trends

Investing in Europe's Carbon Allowances Drives Real Change

The European Union has announced its latest round of investments into major clean-tech projects via the Innovation Fund, issuing grants of €1.8 billion.

2 months ago - ETF Trends

“We Have No Choice”: Coal Use Rising Globally

Global coal use is only increasing as the energy crisis in Europe persists and China significantly ramps up coal production and use to boost its economy. The EU has gotten the go-ahead from Brussels to ...

Other symbols: KRBN
3 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: KCCAKRBNKSET
3 months ago - ETF Trends

EU Achieved 2020 Emissions Reduction Goals: These Funds Capture

Greenhouse gas emissions in the European Union dropped 11% in 2020 compared to 2019 levels, the biggest drop since 1990 and a downward trend that has extended over three decades, reported the European E...

Other symbols: KRBN
4 months ago - ETF Trends

As EU Steps Up Russian Oil Sanctions, Capture the Energy Transition

If Russian sanctions are a chess game, the European Union is about to put a check on the Russian economy as the bloc seeks to bring its full power to bear. With the EU rapidly pivoting away from relianc...

Other symbols: KRBN
4 months ago - ETF Trends

What Europe's REPowerEU Means for the Energy Transition

Today, the European Commission has passed the RePowerEU Plan, a direct response to the need to decouple from reliance on Russian energy since its invasion of Ukraine. The plan was announced in a press r...

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4 months ago - ETF Trends

How to Capture the EU's Energy Pivot as it Increases Green Goals

The EU is considering raising its current clean energy targets for 2030 from 40% to 45%, with a boost to renewable energy goals when it sets into motion the RePowerEU plan on May 18, reports Bloomberg. ...

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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...

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5 months ago - ETF Trends

Carbon Prices Climb as Energy Crisis Escalates for Europe

Russia has begun to make good on threats to squeeze oil and natural gas supply to Europe, cutting off the natural gas supply to Bulgaria and Poland last week. It has left the EU, already experiencing so...

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: KARSKCCAKRBN
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: KCCAKRBN
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: KARSKCCAKGHGKRBN
5 months ago - ETF Trends

When Investing in Carbon Allowances, Think Ahead

Volatility seems to have been the defining word for markets in the first quarter in 2021 and continues to be seen across industries and sectors. One industry in particular that has experienced volatilit...

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: KCCAKRBN
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: KCCAKRBN
6 months ago - ETF Trends

EU Carbon Allowances Consolidate at New Level

European carbon allowances have settled around a new resistance band of 80 euros for now, previously a support level before the technical sell-off that occurred earlier this month. Luke Oliver, managing...

6 months ago - ETF Trends

Looking for an Inflation Hedge? Consider the Carbon Markets

Market volatility continues as investors absorb and respond to concerns around inflation, war in Ukraine, rising interest rates, and other factors. Advisors and investors have increasingly sought refuge...

7 months ago - ETF Trends