(KRBN) KraneShares Global Carbon - Ratings and Ratios
Carbon, Futures, Cap, Trade, Allowances
Dividends
| Dividend Yield | 6.09% |
| Yield on Cost 5y | 12.70% |
| Yield CAGR 5y | 103.24% |
| Payout Consistency | 71.3% |
| Payout Ratio | - |
| Risk via 10d forecast | |
|---|---|
| Volatility | 13.7% |
| Value at Risk 5%th | 22.0% |
| Relative Tail Risk | -2.40% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.72 |
| Alpha | 12.77 |
| CAGR/Max DD | 0.04 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.439 |
| Beta | 0.086 |
| Beta Downside | 0.283 |
| Drawdowns 3y | |
|---|---|
| Max DD | 27.74% |
| Mean DD | 12.57% |
| Median DD | 13.74% |
Description: KRBN KraneShares Global Carbon November 15, 2025
The KraneShares Global Carbon ETF (KRBN) seeks to track a non-diversified index of liquid carbon-credit futures that require physical delivery of emission allowances under various cap-and-trade programs. The fund’s advisor attempts to hold futures that are “substantially the same” as those in the index, providing investors exposure to the price movements of compliance-grade carbon permits.
Key market drivers include the tightening of emissions caps in the EU Emissions Trading System (EU ETS), which has pushed average allowance prices from roughly €20 in early 2023 to over €80 per tonne by mid-2024, and the expansion of regional carbon markets in North America (e.g., California’s ARB and the Quebec-Ontario linked system). Fresh KPIs worth monitoring are the ETF’s net asset value (NAV) relative to underlying futures’ fair value, the open-interest in the EU ETS futures (currently exceeding 2 million contracts), and the roll-yield generated when contracts approach delivery dates.
If you’re looking to deepen your analysis of KRBN’s risk-adjusted return profile, a quick look at ValueRay’s interactive dashboards can help you spot emerging trends and compare carbon-credit ETFs side-by-side.
What is the price of KRBN shares?
Over the past week, the price has changed by -0.41%, over one month by +0.47%, over three months by +8.85% and over the past year by +17.92%.
Is KRBN a buy, sell or hold?
What are the forecasts/targets for the KRBN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 39.5 | 15.4% |
KRBN Fundamental Data Overview November 21, 2025
Beta = 0.68
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 166.1m USD (166.1m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 166.1m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 166.1m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.33% (E(166.1m)/V(166.1m) * Re(6.33%) + (debt-free company))
Discount Rate = 6.33% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for KRBN ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle