KRBN - KFA Global Carbon ETF
Stock Price: $30.32 USD
0.59 (1.98%)
Updated Apr 20, 2021 3:20 PM EDT - Market open
| Assets | $127.50M |
| NAV | $29.65 |
| Expense Ratio | 0.79% |
| PE Ratio | n/a |
| Beta (5Y) | 2.53 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| 1-Year Return | - |
| Trading Day | April 20 |
| Last Price | $30.32 |
| Previous Close | $29.73 |
| Change ($) | 0.59 |
| Change (%) | 1.98% |
| Day's Open | 30.04 |
| Day's Range | 29.94 - 30.35 |
| Day's Volume | 358,342 |
| 52-Week Range | 18.88 - 30.35 |
Fund Description
The investment seeks to provide a total return that, before fees and expenses, exceeds that of the IHS Markit Global Carbon Index (the ''index'') over a complete market cycle. The fund invests to maintain exposure to carbon credit futures contracts (carbon credit futures) that are the same as or similar to those included in the index and to exceed the performance of the index through direct or indirect investment in debt instruments. The index is designed to track a portfolio of liquid carbon credit futures with physical delivery of emissions allowances issued under cap and trade programs. It is non-diversified.
| Asset Class Equity | Inception Date Jul 30, 2020 |
| Exchange NYSEARCA | Ticker Symbol KRBN |
| Index Tracked IHS Markit Global Carbon Index | |
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash | n/a | 63.09% |
| KFA CARBON CFC (138000) | OBE.TO | 22.15% |
| Euro | OBE.TO | 9.11% |
| Schwab Short-Term US Treasury ETF™ | n/a | 5.64% |
News
Former Secretary John Kerry discusses clean energy ETF
KRBN is the first ETF that allows traders to invest in a global price for carbon.