KraneShares Global Carbon ETF (KRBN)Commodities Focused | Exchange Traded Fund | NYSEArca
33.62 USD
+0.25
(0.752%)
⇧
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 4:26 a.m. EDT
The long-term investment case is severely compromised by a four-year structural decline where the asset has lost nearly 15% of its value while posting three consecutive years of negative annual returns. This persistent downward trajectory suggests the market has permanently reassessed the utility of this specific carbon strategy, rendering the current price a reflection of deteriorating business quality rather than a margin of safety. While the recent price action shows a slight stabilization near the 52-week lows, the momentum remains weak, and the statistical forecast offers no directional edge. The dividend yield, while appearing attractive at over 2%, is likely a result of capital preservation efforts or a shrinking base rather than robust cash generation, making it unreliable as a primary income source given the asset's poor performance history. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.032178 |
| AutoTheta | 0.033241 |
| AutoARIMA | 0.033836 |
| AutoETS | 0.033836 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 51% |
| H-stat | 15.37 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.273 |
| Excess Kurtosis | -1.05 |
As of July 11, 2026, 4:26 a.m. EDT: Options activity reveals a distinct defensive posture rather than directional speculation. Call volume is negligible across all expirations, indicating a lack of bullish conviction. Conversely, put writing is concentrated significantly out-of-the-money (OTM) for October and January expirations, suggesting traders are selling cheap insurance against a potential further decline rather than betting on a crash. The implied volatility for OTM calls is extremely low, confirming that the market prices in minimal upside potential.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.91% | 1.91% | 4.31% | — |
| 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 |
| Attribute | Value |
|---|---|
| All Time High | 56.07 |
| All Time Low | 18.88 |
| Ask | 0.0 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 12,580 |
| Average Daily Volume3 Month | 16,273 |
| Average Volume | 16,273 |
| Average Volume10Days | 12,580 |
| Beta3 Year | 0.09 |
| Bid | 32.2 |
| Bid Size | 200 |
| Category | Commodities Focused |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 33.64 |
| Day Low | 33.3413 |
| Dividend Yield | 2.02 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 32.75776 |
| Fifty Day Average Change | 0.86223984 |
| Fifty Day Average Change Percent | 0.026321698 |
| Fifty Two Week Change Percent | 12.066662 |
| Fifty Two Week High | 36.5 |
| Fifty Two Week High Change | -2.880001 |
| Fifty Two Week High Change Percent | -0.07890414 |
| Fifty Two Week Low | 27.0 |
| Fifty Two Week Low Change | 6.619999 |
| Fifty Two Week Low Change Percent | 0.24518515 |
| Fifty Two Week Range | 27.0 - 36.5 |
| First Trade Date Milliseconds | 1,596,202,200,000 |
| Five Year Average Return | 0.0667597 |
| 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 | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_638622060 |
| Nav Price | 33.26 |
| Net Assets | 138,202,912.0 |
| Net Expense Ratio | 0.9 |
| Open | 33.17 |
| Phone | 1-855-857-2638 |
| Pre Market Change | 0.08000183 |
| Pre Market Change Percent | 0.23795906 |
| Pre Market Price | 33.7 |
| Pre Market Time | 1,784,032,411 |
| Previous Close | 33.369 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.250999 |
| Regular Market Change Percent | 0.752194 |
| Regular Market Day High | 33.64 |
| Regular Market Day Low | 33.3413 |
| Regular Market Day Range | 33.3413 - 33.64 |
| Regular Market Open | 33.17 |
| Regular Market Previous Close | 33.369 |
| Regular Market Price | 33.62 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 43,618 |
| Short Name | KraneShares Global Carbon Strat |
| Source Interval | 15 |
| Symbol | KRBN |
| Three Year Average Return | -0.000120799996 |
| Total Assets | 138,202,912 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 12.53802 |
| Trailing Three Month Returns | 12.53802 |
| Triggerable | 1 |
| Two Hundred Day Average | 32.632225 |
| Two Hundred Day Average Change | 0.9877739 |
| Two Hundred Day Average Change Percent | 0.030269891 |
| Type Disp | ETF |
| Volume | 43,618 |
| Yield | 0.0202 |
| Ytd Return | -5.87903 |