The KraneShares European Carbon Allowance Strategy ETF (KEUA) provides targeted exposure to the European Union Allowances (EUA) cap-and-trade carbon allowance program. KEUA is benchmarked to the IHS Markit Carbon EUA Index, which tracks the most traded EUA futures contracts. As a part of the KraneShares suite of carbon ETFs, KEUA provides a new vehicle for participating in the price of carbon and hedging risk while supporting responsible investing and ESG goals.
*Formerly the KraneShares European Carbon Allowance ETF
1. IHS Markit, 12/31/2020.
2. Europe Commission, 7/14/2021
3. Data from Bloomberg as of 8/31/2021.
4. Diversification does not ensure a profit or guarantee against a loss.
5. California Air Resources Board, 2017.
NAV | |
Net Asset Value | $29.83 |
Daily Change | 4.23% |
Price | |
Market Price | $29.62 |
Daily Change | 4.37% |
30 Day Median Bid/Ask Spread |
1.25% |
The ETF’s 30 Day Median Bid-Ask Spread is calculated by identifying the ETF’s national best bid and national best offer ("NBBO") as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and that value is expressed as a percentage rounded to the nearest hundredth.
Cumulative %Data as of: 04/30/2022 |
Fund NAV | Closing Price | Index |
1 Month | 7.12% | 5.33% | 4.65% |
3 Month | -8.81% | -11.93% | -11.07% |
6 Month | 34.66% | 32.59% | 30.12% |
Since Inception | 23.44% | 21.68% | 19.92% |
Cumulative %
Data as of quarter end: 03/31/2022
|
Fund NAV | Closing Price | Index |
Since Inception | 15.24% | 15.52% | 14.59% |
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.
The Growth of $10,000 chart reflects an initial investment of $10,000 on the day prior to the selected time period and assumes reinvestment of dividends and capital gains. For the growth of $10,000 chart since inception, the initial investment of $10,000 is instead made on the inception date of the Fund. Fund expenses, including management fees and other expenses were deducted. The growth of a $10,000 investment in the fund is hypothetical and for illustration purposes only.
Name | Identifier | Position | Current Exposure($) | % NAV |
European Union Allowance (EUA) 2022 Future | MOZ22 Comdty | 294 | 25,663,459 | 101.2% |
25,663,459 | 101% |
Name | Identifier | Position | Current Exposure($) | % NAV |
USD Cash & Equivalents** | USD | 17,880,617 | 17,880,617 | 70.51% |
EURO | EUR | 3,700,000 | 3,968,807 | 15.65% |
Euro FX Futures | ECM2 Curncy | 26 | 3,488,388 | 13.76% |
25,337,812 | 100% |
Holdings, carbon allowance futures, and collateral are subject to change.
**Includes USD cash deposits & cash in margin accounts ($21,369,004), and implied short USD exposure from Euro FX futures
Rank | Name | % of Net Assets | Ticker | Identifier | Type | Shares Held | Market Value($) | Notional Value($) |
1 | Cash | 79.22% | – | – | Cash | 20,079,565 | 20,079,565 | 0 |
2 | EURO | 15.59% | – | – | Currency | 3,700,000 | 3,951,429 | 0 |
3 | EURO | 5.20% | – | – | Currency | 1,233,258 | 1,317,063 | 0 |
4 | ECX EMISSION DEC22 | 0.00% | MOZ22 | – | Future | 294 | 0 | 25,557,846 |
5 | EURO FX CURR FUT JUN22 | 0.00% | ECM2 | – | Future | 26 | 0 | 3,476,200 |
Holdings are subject to change.
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