(KRBN) KraneShares Global Carbon - Overview
Etf: Carbon Futures, Cap-And-Trade, Emission Allowances, Non-Diversified
Dividends
| Dividend Yield | 1.91% |
| Yield on Cost 5y | 3.51% |
| Yield CAGR 5y | 28.35% |
| Payout Consistency | 64.6% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 29.6% |
| Relative Tail Risk | -2.49% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.26 |
| Alpha | 2.41 |
| Character TTM | |
|---|---|
| Beta | 0.122 |
| Beta Downside | 0.279 |
| Drawdowns 3y | |
|---|---|
| Max DD | 27.74% |
| CAGR/Max DD | -0.03 |
Description: KRBN KraneShares Global Carbon January 18, 2026
The KraneShares Global Carbon ETF (KRBN) seeks to track futures contracts on emission allowances from multiple cap-and-trade programs, mirroring the composition of its underlying index. The fund’s manager actively maintains exposure to these carbon credit futures, but the portfolio is classified as non-diversified because it concentrates on a single commodity class.
Key metrics as of the latest filing: an expense ratio of 0.65%, total assets of roughly $150 million, and an average daily trading volume of about 1,200 shares. The primary economic driver is the price trajectory of major compliance markets such as the EU Emissions Trading System (EU ETS), which has traded above €80 per tonne in 2024, and the California Carbon Allowance (CCA) market, where prices have risen above $30 per tonne. Regulatory developments-e.g., the EU’s Fit for 55 package and potential U.S. federal carbon pricing-are critical catalysts that can materially affect KRBN’s performance.
For a deeper, data-rich analysis of KRBN’s risk-adjusted returns and market exposure, you might explore the ValueRay platform.
What is the price of KRBN shares?
Over the past week, the price has changed by -2.32%, over one month by -10.55%, over three months by -3.03% and over the past year by +7.53%.
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 | 33.3 | 4% |
KRBN Fundamental Data Overview February 02, 2026
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 = 158.5m USD (158.5m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 158.5m)
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 158.5m / 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 = 6.37% (E(158.5m)/V(158.5m) * Re(6.37%) + (debt-free company))
Discount Rate = 6.37% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)