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KraneShares California Carbon Allowance Strategy Etf

KraneShares California Carbon Allowance Strategy Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization106.71 mln

Business Description

This fund focuses on California's carbon credit market, where businesses buy and trade permits that allow them to release a set amount of greenhouse gases. The goal of this market is to gradually cut pollution levels over time. At least 80% of the fund's money is placed in investments tied to these carbon permits, and it concentrates its holdings rather than spreading them across many different assets.

Key Fundamentals

EPS0.77
P/E20.62

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 3.4% 81 / 100   
1 Month 5.54% 81 / 100   
2 Months 4.08% 64 / 100   
6 Months -2.53% 20 / 100   
1 Year 9.56% 39 / 100   



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