Key stats
About KraneShares MSCI China Clean Technology Index ETF
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Inception date
Oct 13, 2017
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Krane Funds Advisors LLC
Distributor
SEI Investments Distribution Co.
KGRN tracks an index of large-, mid-, and small-cap Chinese companies that derive a significant portion of their revenue from clean technology, specifically from five environmental themes: alternative energy, energy efficiency, sustainable water, green building, and pollution prevention. Potential holdings include A-shares, as well as stocks listed in Hong Kong or outside China. Holdings are market-cap-weighted, with each security weight capped at 10%. Securities having 5% or more weight may not collectively exceed 40% weight of the Index. The resulting portfolio is very narrow, with just a few dozen holdings, favoring small-cap names in the utilities and real estate sectors. The index is rebalanced quarterly. Prior to March 19, 2021, the fund was called the KraneShares MSCI China Environment Index ETF. The name change aims to better reflect the funds clean-tech exposure and has no effect on the funds strategy.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Consumer Durables
Producer Manufacturing
Utilities
Technology Services
Stocks99.89%
Consumer Durables32.29%
Producer Manufacturing21.96%
Utilities19.84%
Technology Services10.88%
Electronic Technology7.77%
Industrial Services4.01%
Transportation2.86%
Process Industries0.27%
Bonds, Cash & Other0.11%
Cash0.11%
Stock breakdown by region
Asia100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
KGRN invests in stocks. The fund's major sectors are Consumer Durables, with 32.29% stocks, and Producer Manufacturing, with 21.96% of the basket. The assets are mostly located in the Asia region.
KGRN top holdings are Li Auto, Inc. Class A and XPeng, Inc. Class A, occupying 9.74% and 9.18% of the portfolio correspondingly.
KGRN last dividends amounted to 0.33 USD. The year before, the issuer paid 0.17 USD in dividends, which shows a 48.68% increase.
KGRN assets under management is 50.27 M USD. It's risen 3.90% over the last month.
KGRN fund flows account for −17.41 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, KGRN pays dividends to its holders with the dividend yield of 1.28%. The last dividend (Dec 18, 2024) amounted to 0.33 USD. The dividends are paid annually.
KGRN shares are issued by China International Capital Corp. Ltd. under the brand KraneShares. The ETF was launched on Oct 13, 2017, and its management style is Passive.
KGRN expense ratio is 0.79% meaning you'd have to pay 0.79% of your investment to help manage the fund.
KGRN follows the MSCI China IMI Environment 10-40. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
KGRN invests in stocks.
KGRN price has risen by 1.83% over the last month, and its yearly performance shows a 24.29% increase. See more dynamics on KGRN price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.07% over the last month, showed a −3.08% decrease in three-month performance and has increased by 24.66% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.07% over the last month, showed a −3.08% decrease in three-month performance and has increased by 24.66% in a year.
KGRN trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.