---
ticker: "KCCA"
name: "KraneShares California Carbon Allowance Strategy ETF"
url: "https://etf.net/etf/KCCA"
grade: "D"
score: 32
graded_at: "2026-10-12"
category: "Commodity Futures"
category_rank: "13 of 15"
methodology: "https://etf.net/methodology"
---

# KCCA: KraneShares California Carbon Allowance Strategy ETF

Grade **D**, Score 32 of 100. Rank 13 of 15 in Commodity Futures.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 21 | 12 of 15 |
| Mission | Not scored | — |
| Risk | 25 | 15 of 15 |
| Tradability | 51 | 7 of 15 |
| Holdings | 39 | 4 of 5 |
| Durability | 60 | 6 of 15 |

## Top holdings

The fund holds 3 positions. These are the largest 3, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | KCSH | KraneShares Sustainable Ultra Short Duration Index ETF | 75.94% |
| 2 | — | Cash | 17.96% |
| 3 | GVMXX | State St Inst Us Gov | 6.10% |

Source: etf.net, https://etf.net/etf/KCCA. Please cite the page URL.