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KraneShares Global Carbon ETF (KRBN)

Commodities Focused | Exchange Traded Fund | NYSEArca
34.82 USD +0.40 (1.162%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 34.82

Short-term:★★⯪☆☆Long-term:★⯪☆☆☆Dividends:★★☆☆☆
Hot Take | Aug. 22, 2026, 3:41 a.m. EDT

The long-term outlook is severely compromised by a brutal five-year trajectory where the asset has lost value for three consecutive years, dropping nearly 15% annually in 2024 and another 6.5% last year. Despite the price sitting near its 52-week high of $36.50, the market has clearly rejected the business model, evidenced by the relentless decline in annual returns. This is not a value opportunity; it is a deteriorating asset where the price has already punished the investor for holding through a structural decline. The short-term view remains neutral to slightly bearish because the statistical forecast offers no edge, and the options market is screaming caution via heavy put positioning. While the 2% dividend yield provides some income, it is insufficient to offset the risk of continued capital erosion in a sector facing such persistent headwinds.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.016128
AutoETS0.017914
AutoARIMA0.017925
MSTL0.018892

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 51%
H-stat 8.52
Ljung-Box p 0.000
Jarque-Bera p 0.597
Excess Kurtosis -0.70

As of Aug. 22, 2026, 3:41 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest concentrated significantly out-of-the-money (39.0 and 40.0 strikes), suggesting a fear of further downside. Call activity is sparse and skewed toward out-of-the-money strikes, indicating limited bullish conviction despite the asset trading near its 52-week highs relative to recent lows.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.91% 1.91% 4.31%
Dividend History
Date Dividend Yield %
2025-12-22 0.673 1.907596
2024-12-17 2.082 7.631965
2023-12-18 1.130 3.389322
2023-06-28 1.642 4.363540
2022-12-28 8.355 22.268123
2021-12-29 0.248 0.492259
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 2.0

Info Dump

Attribute Value
All Time High 56.07
All Time Low 18.88
Ask 35.35
Ask Size 100
Average Daily Volume10 Day 10,350
Average Daily Volume3 Month 20,012
Average Volume 20,012
Average Volume10Days 10,350
Beta3 Year 0.08
Bid 33.83
Bid Size 100
Category Commodities Focused
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 34.97
Day Low 34.35
Dividend Yield 2.0
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 33.89696
Fifty Day Average Change 0.9230385
Fifty Day Average Change Percent 0.027230715
Fifty Two Week Change Percent 10.785877
Fifty Two Week High 36.5
Fifty Two Week High Change -1.6800003
Fifty Two Week High Change Percent -0.046027407
Fifty Two Week Low 27.0
Fifty Two Week Low Change 7.8199997
Fifty Two Week Low Change Percent 0.2896296
Fifty Two Week Range 27.0 - 36.5
First Trade Date Milliseconds 1,596,202,200,000
Five Year Average Return 0.0491855
Full Exchange Name NYSEArca
Fullday Change 0.400002
Fullday Change Percent 1.16212
Fullday Price 34.82
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 CLOSED
Max Age 86,400
Message Board Id finmb_638622060
Nav Price 34.58
Net Assets 139,679,888.0
Net Expense Ratio 0.91
Open 34.89
Phone 1-855-857-2638
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 34.82
Post Market Time 1,787,959,806
Previous Close 34.42
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.400002
Regular Market Change Percent 1.16212
Regular Market Day High 34.97
Regular Market Day Low 34.35
Regular Market Day Range 34.35 - 34.97
Regular Market Open 34.89
Regular Market Previous Close 34.42
Regular Market Price 34.82
Regular Market Time 1,787,947,200
Regular Market Volume 12,253
Short Name KraneShares Global Carbon Strat
Source Interval 15
Symbol KRBN
Three Year Average Return 0.0101372
Total Assets 139,679,888
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 6.58645
Trailing Three Month Returns 6.58645
Triggerable 1
Two Hundred Day Average 32.75122
Two Hundred Day Average Change 2.068779
Two Hundred Day Average Change Percent 0.06316647
Type Disp ETF
Volume 12,253
Yield 0.02
Ytd Return -4.8615