KraneShares MSCI China Environment ETF (KGRN)
Assets | $164.24M |
NAV | $41.06 |
Expense Ratio | 0.78% |
PE Ratio | 17.05 |
Shares Out | 4.00M |
Dividend (ttm) | $0.19 |
Dividend Yield | 0.45% |
Ex-Dividend Date | Dec 29, 2021 |
1-Year Return | -11.35% |
Volume | 50,907 |
Open | 41.82 |
Previous Close | 41.19 |
Day's Range | 41.78 - 42.60 |
52-Week Low | 29.55 |
52-Week High | 51.08 |
Beta | 0.79 |
Holdings | 59 |
Inception Date | Oct 13, 2017 |
About KGRN
The fund will invest at least 80% of its total assets in components of the underlying index, depositary receipts. The underlying index is a free-float adjusted market capitalization weighted index modified per the 10/40 Constraint designed to measure the equity market performance of Chinese companies in the industrial, utility, real estate and technology sectors that contribute to a more environmentally sustainable economy. It is non-diversified.
Top 10 Holdings
63.72% of assetsName | Symbol | Weight |
---|---|---|
Li Auto | LI | 12.43% |
XPeng | XPEV | 10.61% |
NIO Inc. | NIO | 10.51% |
BYD Co Ltd Class H | n/a | 7.82% |
Contemporary Amperex Technology Co Ltd Class A | 300750.SZ | 4.89% |
LONGi Green Energy Technology Co Ltd Class A | 601012.SS | 4.40% |
Xinyi Solar Holdings Ltd | 968.HK | 3.55% |
China Longyuan Power Group Corp Ltd Class H | 916.HK | 3.54% |
China Conch Venture Holdings Ltd | 586.HK | 3.16% |
JinkoSolar Holding Company | JKS | 2.80% |
Dividends
Ex-Dividend | Amount | Pay Date |
---|---|---|
Dec 29, 2021 | $0.189379 | Dec 31, 2021 |
Dec 29, 2020 | $0.0026100000000000003 | Dec 31, 2020 |
Dec 27, 2019 | $1.088154 | Dec 31, 2019 |
Dec 26, 2018 | $0.357711 | Dec 28, 2018 |
News
China's Environmental Focus Has Firm Policy Support
Regulatory fears drove a lot of investors away from exposure to China in 2021 as various agencies enacted new requirements that affected a broad swath of industries in China, but one area that always sa...
5 ETFs That Tumbled Most on Persistent China Sell-Off
China stocks have been witnessing relentless selling pressure on concerns about the country's ties with Russia and regulatory pressure.
China: The Next Global Equity Boon with Rate Cuts Near?
As the Winter Olympics wrap up, China could be preparing to host another international showcase, this time in the global equity arena. With inflation running at a multi-decade high in the US, the Fed ha...
If an Energy Super Grid Is the Future, China Is Already Ahead
Energy analysts are predicting that a global super grid of transnationally connected power networks could be the future for green energy and electricity, reports the Wall Street Journal. As countries co...
Play the Renewable Energy Transition With KGRN
Political tensions continue to run high between the U.S. and China, but within the clean energy transition, China remains a major hub and supplier of renewable energy technologies. Manufacturing within ...
How Abandoned Coal Mines Could Provide Sustainable Heat
The coal mines of Britain played a significant role in the development of industry, but now with so many abandoned and all set to be closed by October 2024, the U.K. is looking into alternative uses for...
How to Invest in China's Global Climate Change Transition
China is working to limit emissions and reach climate change goals within its borders, along with the rest of the global community. However, China has also taken a proactive approach to helping developi...
KGRN Will Benefit from Overturned Solar Panel Tariffs
A judge in the U.S. who rules over trade issues has just overturned Trump's tariffs on solar panels, opening the door for greater growth from international sources, reports Reuters. Judge Gary Katzmann,...
China and U.S. in Agreement Over Climate Change
Special envoys from China and the U.S. have announced a cooperation between the two largest greenhouse gas emitters over the climate crisis, reports Financial Times. The two countries made a joint decla...
KraneShares Debuts Umbrella China ETF
The newest ETF is a fund-of-funds composed of existing China ETFs.
China Expanding Blue Skies Initiative to Curb Pollution
China has announced plans to extend its cutbacks on air pollution in advance of the Winter Olympics being held in Beijing this year, reports the Washington Post. The move is one that could have heavy im...
Chinese Internet Languishes, but Other Sectors Thrive
While a regulatory crackdown has pommeled Chinese internet stocks, China country-specific exchange traded funds that track areas outside of these online names have come through with flying colors. Over ...
Chinese Regulations Prompt Investors to Switch Industries
With regulations having hit internet and tech stocks in China hard, overseas investors have been reallocating in droves to industries they believe to be safe from the regulatory hammer. Those industries...
KraneShares Hosts Webinar on Chinese Regulations, Markets
Amidst regulatory crackdowns and volatile Chinese markets, Brendan Ahern, COO of KraneShares, and Dr. Xiaolin Chen, Head of International at KraneShares, hosted a webinar to discuss the current state of...
NIO Inc. Reports Record Earnings
NIO Inc. (NIO), a leading Chinese manufacturer and designer of of electric vehicles, reported record highs in its latest earnings statement. In June 2021, NIO delivered 8,083 vehicles, representing a 1...
Capitalize on ESG Growth with ‘KGRN'
Environmental, social, and governance (ESG) investing has become an increasingly popular thematic investment opportunity, with over $21.5 billion invested in mutual funds and ETFs with ESG screens in th...
As China Ups Its Renewable Energy, Give ‘KGRN' a Look
A global renewable energy surge is getting a boost from China, which can access with the KraneShares MSCI China Clean Technology Index ETF (KGRN). The latest numbers from the International Energy Agency...
Cover All the Hot Bases in Chinese Equity with This Model Portfolio
ETF investors looking for growth and innovation in China, can turn to the KraneShares Krane China Innovation Strategy. The strategy consists of a model portfolio that seeks to provide investors exposure...
Earth friendly ETFs
Earth Day celebrations can include selecting the best ETF's that focus on climate change.
Earth Day: Go Green with Clean Energy ETFs
In the spirit of Earth Day, investors can turn to environmental responsibility-themed exchange traded fund strategies. Environmental responsibility refers to our responsibility to use natural resources ...
Best China ETFs for Q2 2021
The best China ETFs for Q2 2021 are KGRN, CHIQ, and CNXT.
Is Your Portfolio Warming to High-Impact Solar ETFs?
In 2019, top ETFs could almost be narrowed down to ‘everything' given the decade-long bull market. 2020, however, has been thornier.