KraneShares Electrification Metals Strategy ETF (KMET)

NYSEARCA: KMET · IEX Real-Time Price · USD
13.10
+0.16 (1.25%)
Mar 1, 2024, 4:00 PM EST - Market closed
1.25%
Assets $2.57M
Expense Ratio 0.80%
PE Ratio 7.96
Shares Out 200,000
Dividend (ttm) $7.48
Dividend Yield 57.13%
Ex-Dividend Date Dec 18, 2023
Payout Ratio 455.00%
1-Year Return -51.29%
Volume 477
Open 13.03
Previous Close 12.93
Day's Range 13.03 - 13.12
52-Week Low 12.27
52-Week High 26.56
Beta 0.52
Holdings 3
Inception Date Oct 13, 2022

About KMET

Fund Home Page

The KraneShares Electrification Metals Strategy ETF (KMET) is an exchange-traded fund that is based on the Bloomberg Electrification Metals index. The fund tracks an index composed of futures contracts on metals that are involved in the clean energy transition. The portfolio composition and weighting are determined based on projected supply and demand. KMET was launched on Oct 13, 2022 and is issued by KraneShares.

Asset Class Commodity
Stock Exchange NYSEARCA
Ticker Symbol KMET
ETF Provider KraneShares
Index Tracked Bloomberg Electrification Metals Index

Dividends

Ex-Dividend Amount Pay Date
Dec 18, 2023 $7.48153 Dec 20, 2023
Dec 28, 2022 $0.03459 Dec 30, 2022
Full Dividend History

News

Don't Miss the Rare Opportunity in Electrification Metals

The reduction in global demand as economies struggle with inflation and recession continues to weigh heavily on several asset classes. Electrification metals suffered from supply and demand misalignme...

5 days ago - ETF Trends

Copper, Decarbonization Plans Could Support KMET Thesis

Renewable energy equities are struggling. That is highlighted by sour performances in related ETFs over the course of 2023 and starting 2024.

20 days ago - ETF Trends

Dr. Copper Could Boost This ETF in 2024

Some commodities performed admirably last year. Others did not.

2 months ago - ETF Trends

Copper, Nickel Demand Big Catalysts for this Metals ETF

Ongoing adoption of electric vehicles and other forms of renewable energy will likely continue in 2024. That may provide support for non-precious metals commodities strategies.

2 months ago - ETF Trends

Grid Spending Could Boost Electrification Metals Demand

Conversations about renewable energy adoption and related investment theses are often dominated by electric vehicles, solar and wind. As a result, some investors overlook the importance of shoring up ...

4 months ago - ETF Trends

Climate ETFs Are a Long-Term Play

While clean energy and climate ETFs haven't been the top performers in 2023, it's important that investors remember they're intended to be a long-term hold. The energy transition will require more tha...

Other symbols: KARS
4 months ago - ETF Trends

Reshoring Mining Could Highlight This ETF

There are some certainties surrounding rare earth minerals and strategic metals. Demand for those materials was increasing prior to end markets such as EVs and renewable energy entering the equation.

5 months ago - ETF Trends

Inflation Reduction Act Could Lift This Climate ETF

Thirteen months have passed since President Biden signed the Inflation Reduction Act into law. In that time, there's been ample talk regarding investment implications and potential asset-level benefic...

6 months ago - ETF Trends

“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...

Other symbols: KARSKCCAKEUAKRBNKSET
7 months ago - ETF Trends

Bull vs Bear: Do Alts Deserve More Portfolio Allocation?

Bull vs. Bear is a weekly feature where the VettaFi writers' room takes opposite sides for a debate on controversial stocks, strategies or market ideas — with plenty of discussion of ETF ideas to play...

7 months ago - ETF Trends

Is Your Portfolio Prepared for the Impending Copper Shortage?

The global transition to net-zero emissions will require enormous amounts of investment, regulatory support, and raw material. In electrification metals, the demand ramp-up is particularly significant...

7 months ago - ETF Trends

In Energy Transition, Metals Are Mandatory

Adoption of renewable energy sources, including wind and solar, is accelerating around the world. In fact, the International Energy Agency (IEA) is developing a penchant for underestimating demand for...

8 months ago - ETF Trends

Market for Energy Transition Metals Doubled in 5 Years

The energy transition continues to drive demand for specific metals upwards, increasing their market size two-fold in the last five years. With demand set to double by 2030 compared to 2021 levels, th...

8 months ago - ETF Trends

Copper Could Be the Next Big Commodity Bull Run: KMET Invests

Copper prices continue to fall on concerns of recession and demand pullback in the second half of the year. Despite short-term challenges, copper prices have the potential to nearly double within the ...

9 months ago - ETF Trends

Declining Metal Prices Create Window of Opportunity

Commodities face a number of headwinds this year as recession concerns cast a long shadow over much of the space. It's an environment of opportunity for metal investors, given long-term demand forecas...

9 months ago - ETF Trends

Opportunity for Savvy Investors Arises in Nickel as Prices Drop

An influx of nickel from Indonesia has led to a global nickel oversupply that is driving prices down. It's an imbalance that creates an opportunity for investors to gain exposure to one of the key met...

10 months ago - ETF Trends

KraneShares Partners With Rockefeller Asset Management

Rockefeller Asset Management, a branch of Rockefeller Capital Management, recently announced a new partnership with KraneShares. The two firms aim to launch a suite of innovative ETFs to meet the chan...

Other symbols: KRBNKWEB
10 months ago - ETF Trends

Capture the Cascading Demand for Nickel and Copper With KMET

Demand for electrification metals is expected to grow exponentially in the next 15 years as the primary components of renewable energies and electric vehicles.

11 months ago - ETF Trends

Luke Oliver Talks Climate: Making Money and Saving the Planet

In a market rife with risk, advisors and investors could be missing one of the most fundamental risks that will impact portfolios in the years and decades to come: climate.

Other symbols: KSET
11 months ago - ETF Trends

Electrification Metals ETFs: Tactical Bet on a Secular Transformation

This subsector offers investors exposure to a fast-growing market without the big-name distractions.

Other symbols: EVMT
11 months ago - ETFcom

An Electrifying Outlook for Electric Metals

Soaring electric vehicle demand, rising adoption of renewable energy sources such as wind and solar, and increasing efforts by governments to shore up electrical grids: All speak to what's forecast to...

1 year ago - ETF Trends

Drive Towards Electrification Metals for EVs With KARS & KMET

The global push towards electrification and decarbonization is leading more consumers to transition towards electric vehicles (EVs). In turn, EVs require vast supplies of electrification metals.

Other symbols: KARS
1 year ago - ETF Trends

KMET Captures Strong North American Demand for Aluminum

Commodities are a hard sell in 2023 in an environment of global economic slowing, but demand for many key metals like aluminum that are needed to continue powering emissions reductions could provide p...

1 year ago - ETF Trends

Copper a Key Catalyst in Next Gen Solar Fuels: KMET Invests

Copper is perhaps best known as the bellwether metal for the health of the global economy due to its use across sectors for a wide range of electrical applications. Recent research from Berkeley Labs ...

1 year ago - ETF Trends

Expect Electric Demand for Electrified Metals

With adoption of clean technologies and renewable energy products soaring around the world, intrepid investors are examining new ways to capitalize on those trends, such as electrified metals.

1 year ago - ETF Trends