| Browse All

KraneShares California Carbon Allowance ETF (KCCA)

Commodities Focused | Exchange Traded Fund | NYSEArca
15.03 USD +0.03 (0.200%) ⇧ (April 20, 2026, 4 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★☆☆☆☆
Hot Take | April 18, 2026, 10:27 p.m. EDT

KCCA is currently an 'inflation-adjusted' prop trade rather than a growth investment; the heavy volume in OTM calls suggests a 'long gamma' mentality waiting for a policy-driven leg up, not traditional value investing, while the massive taking of value in carbon asset costs makes holding for years a value trap despite the 3.26% yield.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.053977
AutoARIMA0.065117
AutoETS0.065121
MSTL0.070061

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 34%
H-stat 1.81
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 4.07
Attribute Value
Trailing P/E 19.64

As of April 18, 2026, 10:27 p.m. EDT: Options flow is heavily skewed towards buying out-of-the-money (OTM) calls at strikes above the current price (e.g., 16.0 and 19.0 strikes heavily weighted in OTM), while OTM put positioning is negligible until further out (July). The ATM IV for short calls is low (0.42), suggesting implied volatility does not reflect recent realized volatility spikes, and the forecasted direction is slightly negative (-0.78%). This indicates speculators are positioning for upside momentum, but without significant short-term hedging demand from downside protection.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.93% 2.93% 12.23%
Dividend History
Date Dividend Yield %
2025-12-22 0.483 2.930825
2024-12-17 0.972 5.081144
2024-06-27 5.028 24.314245
2023-12-18 0.736 3.271406
2023-06-28 0.203 1.098368
2022-12-28 0.056 0.335287
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 3.26

Info Dump

Attribute Value
All Time High 31.52
All Time Low 13.611
Ask 0.0
Ask Size 100
Average Daily Volume10 Day 27,460
Average Daily Volume3 Month 34,488
Average Volume 34,488
Average Volume10Days 27,460
Beta3 Year 0.05
Bid 14.95
Bid Size 100
Category Commodities Focused
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 15.03
Day Low 14.955
Dividend Yield 3.26
Eps Trailing Twelve Months 0.7651566
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 15.03072
Fifty Day Average Change -0.0007200241
Fifty Day Average Change Percent -0.0000479035
Fifty Two Week Change Percent 2.593851
Fifty Two Week High 18.16
Fifty Two Week High Change -3.13
Fifty Two Week High Change Percent -0.17235683
Fifty Two Week Low 14.36
Fifty Two Week Low Change 0.6700001
Fifty Two Week Low Change Percent 0.046657387
Fifty Two Week Range 14.36 - 18.16
First Trade Date Milliseconds 1,633,440,600,000
Full Exchange Name NYSEArca
Fund Family KraneShares
Fund Inception Date 1,633,305,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The index is comprised of futures contracts on emission allowances issued by a “cap and trade” regulatory regime that seeks to reduce greenhouse gas emissions over time. The fund will invest at least 80% of its net assets in instruments that provide exposure to California Carbon Allowances. It is non-diversified.
Long Name KraneShares California Carbon Allowance ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_1676900752
Nav Price 15.0
Net Assets 105,547,128.0
Net Expense Ratio 0.91
Open 14.96
Phone 1-855-857-2638
Previous Close 15.0
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.0299997
Regular Market Change Percent 0.199998
Regular Market Day High 15.03
Regular Market Day Low 14.955
Regular Market Day Range 14.955 - 15.03
Regular Market Open 14.96
Regular Market Previous Close 15.0
Regular Market Price 15.03
Regular Market Time 1,776,715,200
Regular Market Volume 18,057
Short Name KraneShares California Carbon A
Source Interval 15
Symbol KCCA
Three Year Average Return -0.060619
Total Assets 105,547,128
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 19.643036
Trailing Peg Ratio None
Trailing Three Month Nav Returns -11.84524
Trailing Three Month Returns -11.84524
Triggerable 1
Two Hundred Day Average 16.12463
Two Hundred Day Average Change -1.0946302
Two Hundred Day Average Change Percent -0.06788561
Type Disp ETF
Volume 18,057
Yield 0.0326
Ytd Return -11.84524