Carbon allowances ETFs in the values trade

Futures on carbon allowances, the permits to emit. Driven by the price of those permits.

2ETFs in this category

$258mmoney in them

0.2%of the values trade’s money

KRBNlargest unleveraged ETF, 53.4%

How they did, to Nov 2, 2026

	1 month	YTD	12 months
Category median	+3.9%	+0.7%	+3.6%
Its story	−2.6%	+10.1%	+10.9%
Broad US ETFs	−2.5%	+11.5%	+11.8%

1 month

YTD

12 months

Category median

+3.9%

+0.7%

+3.6%

Its story

−2.6%

+10.1%

+10.9%

Broad US ETFs

−2.5%

+11.5%

+11.8%

Every ETF here, largest first

#	ETF	Name	Assets	Share	12 months	Fee
1	KRBN	KraneShares Global Carbon Strategy ETF	$138m	53.4%	+7.2%	0.91%
2	KCCA	KraneShares California Carbon Allowance Strategy ETF	$120m	46.6%	+0.1%	0.95%

Other categories in the values trade

ESG indexes 47 ETFs Climate and clean energy 29 ETFs Faith, social and engagement 9 ETFs Anti-ESG 2 ETFs Everything else 68 ETFs

Common questions

Which ETFs are carbon allowances ETFs?2 US ETFs sit in this category of the values trade. Futures on carbon allowances, the permits to emit. Driven by the price of those permits.

What is the largest carbon allowances ETF?KRBN, KraneShares Global Carbon Strategy ETF, with $138m, 53.4% of the category's money.

How have carbon allowances ETFs performed?The median unleveraged ETF here returned +3.6% over the last 12 months to Nov 2, 2026, against +11.8% for broad US ETFs. Past performance, not a forecast.