KGRN
KraneShares MSCI China Clean Technology Index ETF
KGRN tracks an index of Chinese companies of all capitalization sizes that derive at least 50% of their revenue from environmentally beneficial products and services.
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 44.3 M
ASSETS UNDER MGMT
79 bp
EXPENSES
Fund Basics
| Inception date | Oct 12, 2017 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| CGN POWER CO LTD CLASS H | 12.4 % |
| CHINA YANGTZE POWER CO LTD-A | 10.7 % |
| BYD CO LTD-H | 7.1 % |
| CHINA NATIONAL NUCLEAR POWER CO., LTD. C | 5.7 % |
| CHINA EVERBRIGHT INTL LTD | 5.0 % |
| CHINA LONGYUAN POWER GROUP-H | 4.3 % |
| SDIC HUAJING POWER HOLDING-A | 4.2 % |
| CHINA CONCH VENTURE HOLDINGS | 3.6 % |
| CONTEMPORARY AMPEREX TECHNOLOGY CO., LTD | 3.2 % |
| SICHUAN CHUANTOU ENERGY CO-A | 3.1 % |
Constituent Breakdown
| Number of holdings | 51 |
| Herfindahl-Hirschman Index | 484 |
| Wgt avg mkt cap (mns) | $26,301 |
| Large cap (>$10bn) | 48.2% |
| Mid cap ($2-10bn) | 26.6% |
| Small cap (<$2bn) | 10.6% |
| Developed mkts. | 7.9% |
| Emerging mkts. | 80.5% |
Sector Breakdown
Country Exposure
 |
CHINA | 77.7 % |
 |
HONG KONG | 7.8 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -20.7% | -32.7% | -5.9% | -4.9% | -13.4% | -- | -- | -1.9% |
| Dividend Yield | 0.0% | 0.6% | 1.1% | 1.0% | 0.9% | -- | -- | 1.4% |
| Total Returns | -20.7% | -32.1% | -4.9% | -3.9% | -12.5% | -- | -- | -0.4% | Ann. Volatility | 20.5% | 22.3% | 30.0% | 30.4% | 33.9% | -- | -- | 32.5% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.87 | 26% |
| MSCI EAFE | 0.64 | 21% |
| MSCI Emg Mkts | 0.50 | 33% |
Liquidity Measures
| Avg. volume (000) | 11 |
| ADV traded (mns) | $0 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 1.08% |
Technical Indicators
| 30d moving avg. (EMA) | $21.37 |
| Relative strength (RSI) | 44 |
| MACD/Signal | -0.24/-0.31 |
| Bollinger Bands (Upper/Lower) | $21.82/$20.51 |
| Short interest (% of AUM) | 3.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. KGRN |
Expenses vs. KGRN |
ALTAR Score™ vs. KGRN |
|---|---|---|---|---|
| FDRV | Fidelity Electric Vehicles and Future Transportation ETF | 14.4% | -40 bp | -6.6% |
| CHIQ | Global X MSCI China Consumer Discretionary ETF | 14.3% | -14 bp | +11.0% |
| ERTH | Invesco MSCI Sustainable Future ETF | 14.2% | -11 bp | -2.5% |
| IDRV | iShares Self-driving EV & Tech ETF | 14.1% | -31 bp | -6.7% |
| ETEC | iShares Breakthrough Environmental Solutions ETF | 12.5% | -32 bp | -4.0% |
| KTEC | KraneShares Hang Seng TECH Index ETF | 12.5% | -10 bp | +18.1% |
| KARS | KraneShares Electric Vehicles & Future Mobility Index ETF | 11.4% | -10 bp | -4.3% |
| OBOR | KraneShares MSCI One Belt One Road Index ETF | 10.9% | 0 bp | +1.5% |
| KBA | KraneShares Bosera MSCI China A 50 Connect Index ETF | 10.4% | 0 bp | +0.7% |
| BATT | Amplify Lithium & Battery Technology ETF | 10.1% | -20 bp | -3.5% |
Risk and Returns: KGRN vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/5/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
6.3%
ALTAR SCORE™
23rd
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 215 funds in the Emerging Equity category with an average
ALTAR Score™ of 8.1% and a standard deviation
of 2.3%. KGRN's ALTAR Score™ is approximately -0.7 standard
deviations above the category average. This places KGRN in the 23rd percentile
among funds in the category.
Sell-Side Consensus
$27.57
PRICE TARGET
+26.6%
UPSIDE
Bid/Ask Spreads
108 bp
AVG SPREAD
27 —
445 bp
RANGE