KraneShares MSCI China Clean Technology ETF
Ticker
KGRN
ISIN
US500767850
Price
USD 22.66
Change Today
+0.18 / 0.792 %
Price 1 year ago
22.72 / -0.289 %
Morningstar
4
52 Week Low
17.81
52 Week High
28.00
200 Day Moving Average 21.01
21.01
50-day Moving Average
23.30
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|---|
| Sharpe Ratio | -0.52 |
| Sortino Ratio | -0.40 |
| Maximum Drawdown | -9.41% |
| Maximum Drawdown Date | 2024-01-09 |
| Calmar Ratio | 6.13 |
1 year
| Parameter | Value |
|---|---|
| Return | -1.91 |
| Volatility | 10.85% |
| Alpha | -9.83 |
| Beta | None |
| R Squared | +20.23 |
History
| Parameter | Value |
|---|---|
| Average Annual Return | 5.546% |
| Average Annual Volatility | 33.806% |
| Sharpe Ratio | 0.16 |
| Sortino Ratio | 0.14 |
| Maximum Drawdown | -66.0% |
| Maximum Drawdown Date | 2024-02-05 |
| Calmar Ratio | -0.08 |
Company information
Summary
The investment seeks to provide investment results that correspond to the price and yield performance of the MSCI China IMI Environment 10/40 Index. The fund will invest at least 80% of its net assets in instruments in its index or in instruments that have economic characteristics similar to those in the index. The underlying index is a free-float adjusted market capitalization weighted index modified per the 10/40 Constraint designed to measure the equity market performance of Chinese companies in the industrial, utility, real estate and technology sectors that contribute to a more environmentally sustainable economy. It is non-diversified.
Market
US
Category
China Region
Expense Ratio
0.78%
Fund family
KraneShares
Morningstar
4
Yield
0.0067000003
Exchange
PCX
| Sector | Weight |
|---|---|
| Consumer cyclical | 44.96% |
| Industrials | 24.19% |
| Technology | 17.03% |
| Utilities | 8.18% |
| Realestate | 4.01% |
| Basic materials | 0.00% |
| Consumer defensive | 0.00% |
| Communication services | 0.00% |
| Financial services | 0.00% |
| Energy | 0.00% |
| Healthcare | 0.00% |
| Country | Ratio |
|---|---|
| China | 98.60 |
| Hong Kong | 1.15 |
| Poland | 0.25 |
| Argentina | 0.00 |
| Australia | 0.00 |
| Austria | 0.00 |
| Belgium | 0.00 |
| Brazil | 0.00 |
| Canada | 0.00 |
| Chile | 0.00 |
Holdings
| Symbol | Name | Allocation |
|---|---|---|
| NIO | NIO Inc ADR | 9.71% |
| 01211 | BYD Co Ltd Class H | 9.41% |
| LI | Li Auto Inc ADR | 9.11% |
| XPEV | XPeng Inc ADR | 9.03% |
| 300750 | Contemporary Amperex Technology Co Ltd Class A | 6.72% |
| 00916 | China Longyuan Power Group Corp Ltd Class H | 5.07% |
| 00968 | Xinyi Solar Holdings Ltd | 4.9% |
| 03898 | Zhuzhou CRRC Times Electric Co Ltd Class H | 4.42% |
| 601012 | LONGi Green Energy Technology Co Ltd Class A | 4.24% |
| 00586 | China Conch Venture Holdings Ltd | 2.81% |
Alternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| CBON | VanEck China Bond ETF | US92189F379 | PCX | 0.51% | 5 | +1.32 | |
| CHIE | Global X MSCI China Energy ETF | US37950E507 | PCX | 0.67% | 4 | +35.27 | |
| CNYA | iShares MSCI China A ETF | IE00BQT3WG13 | BTS | 0.60% | 4 | -7.21 | |
| CNYA.L | iShares MSCI China A UCITS ETF | IE00BQT3WG1 | LSE | 0.40% | 4 | ||
| CNYB.AS | iShares China CNY Bond UCITS ETF | IE00BYPC1H27 | AMS | 0.40% | 5 | +0.08 | -- |
| CNYB.L | iShares China CNY Bond UCITS ETF | IE00BYPC1H2 | LSE | 0.40% | 5 | +0.08 | -- |
| EMXC | iShares MSCI Emerging Markets ex China ETF | IE00B0M6317 | NGM | 0.25% | 4 | -8.49 | |
| IASH.L | iShares MSCI China A UCITS ETF | IE00BQT3WG1 | LSE | 0.40% | 4 | ||
| KBA | KraneShares Bosera MSCI China A 50 Connect Index ETF | US500767405 | PCX | 0.56% | 4 | -7.27 | |
| KGRN | KraneShares MSCI China Clean Technology ETF | US500767850 | PCX | 0.78% | 4 | -9.83 | |
| XCEM | Columbia EM Core ex-China ETF | US19762B202 | PCX | 0.16% | 4 | -4.77 |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.