KraneShares Global Carbon ETF (KRBN)Commodities Focused | Exchange Traded Fund | NYSEArca
31.44 USD
+0.44
(1.432%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 31.44 Short-term: ★★★☆☆ | Long-term: ★★★☆☆ | Dividends: ★★☆☆☆ |
Hot Take | April 19, 2026, 12:03 a.m. EDT
KRBN is exhibiting a classic sector holding pattern: price is consolidating near 50-day support and trading just below the 200-day average, creating a mild technical uptrend, but the dividend payout history reveals a structural anomaly where recent distributions vastly exceed annualized yields, potentially eroding NAV. Options flow confirms this caution with a defensive mix of ATM puts and deep-time caps, signaling that while the fund faces no crash immediacy, the long-term 'assumed' asset growth (carbon allowances) is currently priced as a low-beta play rather than a high-conviction momentum trade. A long position is neutral, with a bias to hold rather than chase. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.115076 |
| AutoETS | 0.116294 |
| AutoTheta | 0.118710 |
| MSTL | 0.121939 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 45% |
| H-stat | 7.37 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.084 |
| Excess Kurtosis | -0.43 |
As of April 19, 2026, 12:03 a.m. EDT: Speculator positioning is neutral to slightly cautious in the near term. For the April 17 expiration, there is slightly higher Open Interest (OI) on 32.00 put strikes compared to call strikes, suggesting hedging or downside protection theme, though ATM anchoring is strong. For longer-dated expirations (July/Oct), call positioning is very sparse, while deeper ITM puts show significant OI at higher strikes (37-40 range), indicating a floor being set well above current prices, but a lack of aggressive bullish speculation in call OI. Implied Volatility is elevated on short-term puts (0.99 vs 0.0 on calls), hinting at asymmetric risk perception of a downside drop.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.91% | 1.91% | 6.12% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-22 | 0.673 | 1.907596 |
| 2024-12-17 | 2.082 | 7.778981 |
| 2023-12-18 | 1.130 | 3.717707 |
| 2023-06-28 | 1.642 | 4.951713 |
| 2022-12-28 | 8.355 | 26.366873 |
| 2021-12-29 | 0.248 | 0.709734 |
| Attribute | Value |
|---|---|
| All Time High | 56.07 |
| All Time Low | 18.88 |
| Ask | 34.01 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 11,430 |
| Average Daily Volume3 Month | 32,622 |
| Average Volume | 32,622 |
| Average Volume10Days | 11,430 |
| Beta3 Year | 0.27 |
| Bid | 30.0 |
| Bid Size | 400 |
| Category | Commodities Focused |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 31.93 |
| Day Low | 31.44 |
| Dividend Yield | 2.28 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 29.7661 |
| Fifty Day Average Change | 1.6739006 |
| Fifty Day Average Change Percent | 0.056235135 |
| Fifty Two Week Change Percent | 13.871789 |
| Fifty Two Week High | 36.5 |
| Fifty Two Week High Change | -5.0599995 |
| Fifty Two Week High Change Percent | -0.13863012 |
| Fifty Two Week Low | 26.99 |
| Fifty Two Week Low Change | 4.450001 |
| Fifty Two Week Low Change Percent | 0.16487591 |
| Fifty Two Week Range | 26.99 - 36.5 |
| First Trade Date Milliseconds | 1,596,202,200,000 |
| Five Year Average Return | 0.0887158 |
| Full Exchange Name | NYSEArca |
| Fund Family | KraneShares |
| Fund Inception Date | 1,595,980,800 |
| 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 advisor attempts to maintain exposure to carbon credit futures that are substantially the same as those included in the index. The index is comprised of futures contracts on emission allowances issued by various “cap and trade” regulatory regimes that seek to reduce greenhouse gas emissions over time. It is non-diversified. |
| Long Name | KraneShares Global Carbon ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_638622060 |
| Nav Price | 31.77 |
| Net Assets | 131,672,360.0 |
| Net Expense Ratio | 0.9 |
| Open | 31.36 |
| Phone | 1-855-857-2638 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 31.44 |
| Post Market Time | 1,776,469,956 |
| Previous Close | 30.996 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.444 |
| Regular Market Change Percent | 1.43244 |
| Regular Market Day High | 31.93 |
| Regular Market Day Low | 31.44 |
| Regular Market Day Range | 31.44 - 31.93 |
| Regular Market Open | 31.36 |
| Regular Market Previous Close | 30.996 |
| Regular Market Price | 31.44 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 8,844 |
| Short Name | KraneShares Global Carbon Strat |
| Source Interval | 15 |
| Symbol | KRBN |
| Three Year Average Return | -0.0256826 |
| Total Assets | 131,672,360 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -16.36518 |
| Trailing Three Month Returns | -16.36518 |
| Triggerable | 1 |
| Two Hundred Day Average | 32.172485 |
| Two Hundred Day Average Change | -0.7324848 |
| Two Hundred Day Average Change Percent | -0.02276743 |
| Type Disp | ETF |
| Volume | 8,844 |
| Yield | 0.0228 |
| Ytd Return | -16.36518 |