KCCA
KraneShares California Carbon Allowance Strategy ETF

Price: $22.25
Change: $0.13 (-0.01%)
Category: Commodities
Last Updated:

Vitals

Brand KraneShares
Structure ETF
Expense Ratio 0.87%
ETF Home Page Home page
Inception Oct 05, 2021
Index Tracked ACTIVE - No Index

Analyst Report

Pending

Download the FactSet Analyst Insight Report here.

ETF Database Themes

Category Commodities
Asset Class Commodity
Region (General) North America
Region (Specific) U.S.
Commodity Type Energy
Commodity Carbon Allowances
Commodity Exposure Futures-Based

FactSet Classifications

Segment Commodities: Energy Carbon Credits
Category Energy
Focus Carbon Credits
Niche Extended Term
Strategy Extended Term
Weighting Scheme Single Asset

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $18.13
  • 52 Week Hi $25.65
  • AUM $241.3 M
  • Shares 10.8 M

Historical Trading Data

  • 1 Month Avg. Volume 42,400
  • 3 Month Avg. Volume 60,098

Alternative ETFs in the ETF Database Commodities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FGDL 0.15% $97.0 M 13,379 33.62%
Largest (AUM) PDBC 0.59% $4.6 B 3 M 3.68%
Most Liquid (Volume) PDBC 0.59% $4.6 B 3 M 3.68%
Top YTD Performer FGDL 0.15% $97.0 M 13,379 33.62%

Alternative ETFs in the FactSet Commodities: Energy Carbon Credits Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest GRN 0.75% $20.7 M 1,561 -16.57%
Largest (AUM) KRBN 0.85% $257.4 M 46,936 -12.88%
Most Liquid (Volume) KRBN 0.85% $257.4 M 46,936 -12.88%
Top YTD Performer KRBN 0.85% $257.4 M 46,936 -12.88%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

KCCA ETF Database Category Average FactSet Segment Average
Number of Holdings 4 15 3
% of Assets in Top 10 100.00% 76.05% 100.00%
% of Assets in Top 15 100.00% 79.72% 100.00%
% of Assets in Top 50 100.00% 84.31% 100.00%

Size Comparison

KCCA ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

KCCA Valuation

This section compares the P/E ratio of this ETF to its peers.

KCCA
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
0.10
FactSet Segment Average
P/E Ratio
N/A

KCCA Dividend

This section compares the dividend yield of this ETF to its peers.

KCCA ETF Database Category Average FactSet Segment Average
Dividend $ 5.03 $ 0.87 $ 1.93
Dividend Date 2024-06-27 N/A N/A
Annual Dividend Rate $ 5.76 $ 1.31 $ 2.11
Annual Dividend Yield 25.74% 4.45% 9.03%

KCCA Price and Volume Charts

View charts featuring KCCA price and volume data.

KCCA Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 17.19 K 1 Month Net Flows: 7.92 M 3 Month Net Flows: 33.61 M 6 Month Net Flows: 32.49 M 1 Year Net Flows: 29.78 M 3 Year Net Flows: 239.32 M 5 Year Net Flows: 271.69 M 10 Year Net Flows: 271.69 M

KCCA Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: 5.62 M
1 Month Net AUM Change: 21.56 M
3 Month Net AUM Change: 61.18 M
6 Month Net AUM Change: -11.62 M
1 Year Net AUM Change: -26.57 M
3 Year Net AUM Change: 210.24 M
5 Year Net AUM Change: 244.49 M
10 Year Net AUM Change: 244.49 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for KCCA on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Commodities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B PDBC
Expenses C+ FGDL
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

KCCA Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

KCCA
Expense Ratio
0.87%
ETF Database Category Average
Expense Ratio
0.71%
FactSet Segment Average
Expense Ratio
0.82%

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Ordinary income
Distributes K1 No
ESG Themes and Scores

KCCA does not have an ESG score. There are no ESG themes that map to this ETF.

KCCA Performance

This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.

KCCA ETF Database
Category Average
Factset Segment
Average
1 Month Return 0.72% -1.38% 1.83%
3 Month Return 9.44% 3.47% -1.11%
YTD Return -9.33% 3.37% -8.09%
1 Year Return -6.88% 1.97% -6.31%
3 Year Return 0.47% 2.73% 0.66%
5 Year Return N/A 4.12% 2.87%

Geographic Exposure

The following charts reflect the geographic spread of KCCA's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of KCCA's underlying holdings.

KCCA Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 104.96%
20 Day Volatility 21.77%
50 Day Volatility 19.93%
200 Day Volatility 23.90%
Beta 0.18
Standard Deviation 1.66%
5 Day Volatility
104.96%
Rank
12 of 35

20 Day Volatility
21.77%
Rank
7 of 35

50 Day Volatility
19.93%
Rank
8 of 35

200 Day Volatility
23.90%
Rank
6 of 35

Beta
0.18
Rank
31 of 32

Standard Deviation
1.66%
Rank
8 of 34

Technicals

  • 20 Day MA $22.45
  • 60 Day MA $21.32
  • MACD 15 Period -0.27
  • MACD 100 Period 1.03
  • Williams % Range 10 Day 61.39
  • Williams % Range 20 Day 67.86
  • RSI 10 Day 48
  • RSI 20 Day 53
  • RSI 30 Day 53
  • Ultimate Oscillator 48

Bollinger Bands

  • Lower Bollinger (10 Day) $21.86
  • Upper Bollinger (10 Day) $22.77
  • Lower Bollinger (20 Day) $21.66
  • Upper Bollinger (20 Day) $23.26
  • Lower Bollinger (30 Day) $21.10
  • Upper Bollinger (30 Day) $23.30

Support & Resistance

  • Support Level 1 $22.13
  • Support Level 2 $22.02
  • Resistance Level 1 $22.35
  • Resistance Level 2 $22.46

Stochastic

  • Stochastic Oscillator %D (1 Day) 46.58
  • Stochastic Oscillator %D (5 Day) 47.91
  • Stochastic Oscillator %K (1 Day) 48.70
  • Stochastic Oscillator %K (5 Day) 55.17

Tradability

  • Tracking Difference Median (%) n/a
  • Tracking Difference Max Upside (%) n/a
  • Tracking Difference Max Downside (%) n/a
  • Median Premium Discount (%) 0.10
  • Maximum Premium Discount (%) 0.83
  • Average Spread (%) 10.78
  • Average Spread ($) 10.78

Financial Advisor Report

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Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
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