KraneShares MSCI China Clean Technology ETF (KGRN)
| Assets | $89.79M |
| Expense Ratio | 0.78% |
| PE Ratio | 12.24 |
| Shares Out | 3.40M |
| Dividend (ttm) | $0.54 |
| Dividend Yield | 1.96% |
| Ex-Dividend Date | Dec 28, 2022 |
| Payout Ratio | 24.10% |
| 1-Year Return | -27.97% |
| Volume | 243,402 |
| Open | 27.00 |
| Previous Close | 26.60 |
| Day's Range | 26.95 - 27.43 |
| 52-Week Low | 24.10 |
| 52-Week High | 42.75 |
| Beta | 0.65 |
| Holdings | 53 |
| Inception Date | Oct 13, 2017 |
About KGRN
The KraneShares MSCI China Clean Technology ETF (KGRN) is an exchange-traded fund that is based on the MSCI China IMI Environment 10-40 index. The fund tracks an index of Chinese companies that derive at least 50% of their revenue from products and services that benefit the environment. KGRN was launched on Oct 13, 2017 and is managed by KraneShares.
Top 10 Holdings
60.82% of assets| Name | Symbol | Weight |
|---|---|---|
| Li Auto Inc Ordinary Shares - Class A | 2015.HK | 8.75% |
| Contemporary Amperex Technology Co Ltd Class A | 300750.SZ | 8.47% |
| NIO Inc. | NIO | 8.04% |
| BYD Co Ltd Class H | BY6.DE | 7.62% |
| Yadea Group Holdings Ltd Shs Unitary 144A/RegS | 1585.HK | 5.11% |
| Xinyi Solar Holdings Ltd | 968.HK | 4.85% |
| China Conch Venture Holdings Ltd | 586.HK | 4.63% |
| Zhuzhou CRRC Times Electric Co Ltd Class H | 3898.HK | 4.48% |
| XPeng Inc Class A | 9868.HK | 4.45% |
| LONGi Green Energy Technology Co Ltd Class A | 601012.SS | 4.42% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 28, 2022 | $0.53819 | Dec 30, 2022 |
| Dec 29, 2021 | $0.18938 | Dec 31, 2021 |
| Dec 29, 2020 | $0.00261 | Dec 31, 2020 |
| Dec 27, 2019 | $1.08815 | Dec 31, 2019 |
| Dec 26, 2018 | $0.35771 | Dec 28, 2018 |
News
China Clean Tech Investments Could Have 2023 Momentum
Balancing climate awareness and investment potential is a task made easier by broad strategies, including exchange traded funds. When it comes to the theme of large governments outside the U.S., China...
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China is making aggressive plans to shift its stigma as a major polluter to a leader in clean energy investment. A $546 billion investment in clean energy is certainly a step in the right direction.
China's Aggressive Stance on Clean Energy Sets Up This ETF
China has aggressive plans to shore up its clean energy image, and the country is moving towards this goal with tangible action. This all paves the way for investing opportunities, namely in clean ene...
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China Clean Tech Dominance Highlights KGRN Opportunity
The U.S. and Europe are among the world leaders when it comes to adoption of renewable energy, but when it comes to clean technology dominance, China reigns supreme.
China Growth Outlook Could Boost This ETF in 2023
China might not deliver GDP growth on par with the rates seen during the halcyon days of emerging markets investing earlier this century, but the world's second-largest economy could finally be an all...
China on Blistering Pace of Meeting Clean Energy Adoption Goals — KGRN Invests
Experienced clean technology and renewable energy investors know that China is one of the world's worst polluters, and as a result, it also has one of the most ambitious agendas when comes to the adop...
China Funds Lead ETFs Higher
The country's dismantling of some COVID-19 restrictions eased growth concerns.
China Remains World's Renewable Powerhouse: KGRN Captures
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KGRN Could Be Key for Tapping Into China's Renewable Energy Agenda
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Why CATL Is the Global EV Battery Leader and How to Gain Exposure
Contemporary Amperax Technology Co., Ltd (CATL) is the global leader in electric vehicle batteries and is the main supplier for companies such as Tesla, NIO, Ford, BMW, and more.
ETFs to Access the Growth Potential of China's Markets
Investors should consider the growth opportunity in China and look to targeted exchange traded fund strategies best positioned to capture expanding areas of the Chinese markets.
Playing the Semiconductor and Cleantech Growth Potential in China
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China's Environmental Focus Has Firm Policy Support
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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?
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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 ...
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 withi...
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 f...
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 Katzman...
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 dec...
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 ...
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. Ove...