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KGRN

GradeFNew York Stock Exchange Arca

KraneShares MSCI China Clean Technology Index ETF

Themes · KraneShares · Inception 2017-10-12 · SEC filings

$21.61−0.17 (−0.76%)

As of Sep 23, 2026, 3:01 PM EDT

Intraday session: down, 26 prints from 21.77 to 21.61. Range 21.52 to 21.77. Use the arrow keys to read each point.$21.50$21.70$21.8010 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$47M
1Y return
−27.5%
Yield · Last 12 months
1.06%
Holdings
50
Volume · 30D
0M sh
NAV per share
$21.88
52W range
low $21.60high $32.95

The ETF.net KGRN Grade

F

19/ 100

Rank 17 of 17 in Clean Energy⁠

Confidence Medium

Six-pillar profile for KGRN. Scores out of 100: Cost 0, Risk 41, Mission not scored, Tradability 19, Holdings 40, Durability 28. Strongest: Risk (41). Weakest: Cost (0). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 19 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 0
    Category rank17/17 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 41
    Category rank10/17 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 19
    Category rank16/17 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 40
    Category rank11/17 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 28
    Category rank15/17 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on KGRN

ETF.net Research

FThe clean-energy shelf is mostly global funds. KGRN goes one country deep: an MSCI index of roughly 50 Chinese environmental-technology names, run by a shop that does nothing but China.

Stated mandate

The fund seeks to follow the performance of the MSCI China IMI Environment 10/40 Index.

Why people hold it

  1. 01Single-country by design: it follows the MSCI China IMI Environment 10/40 Index, while most clean-energy peers spread their bets across global markets.
  2. 02Run by KraneShares, a China-focused specialist, and trading since 2017, so it carries a live record through several China market cycles.
  3. 03About 50 holdings keeps the theme legible: China clean tech is the whole portfolio, not a sliver buried inside a global basket.

Worth knowing

  1. 01At 0.79% a year, it costs more than the clean-energy median of 0.59% and roughly double broad peers ICLN and FRNW at 0.39%.
  2. 02Thinly traded next to the category's largest funds, which can show up as wider bid-ask spreads and more cost around the trade itself.
  3. 03One country, about 50 stocks: Chinese policy shifts, regulation and currency moves flow straight through with no global diversification to soften them.

KGRN Holdings

As of Sep 21, 2026, 3:50 AM
Asset class
Stocks
Holdings
50
Top-10 weight
57%
Largest holding
1816.HK10.4%

Sectors

  • Utilities42.7%
  • Industrials28.8%
  • Consumer Discr.17.2%
  • Technology6.8%
  • Energy4.5%

Geography

  • China91.93%
  • Hong Kong8.07%

Developed 8% · Emerging 92% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
0011816.HKCGN POWER CO LTD-H10.44%13,001,000$5M70
002600900.SSCHINA YANGTZE POWER CO LTD-A9.71%1,087,300$5M65
00381211.HKBYD CO LTD-H8.07%366,800$4M58
004601985.SSCHINA NATIONAL NUCLEAR POW-A4.96%1,756,600$2M52
0050257.HKEB ENVIRONMENT4.66%3,657,216$2M49
0060916.HKCHINA LONGYUAN POWER GROUP-H4.23%2,964,800$2M72
007300750.SZCONTEMPORARY AMPEREX TECHN-A3.94%41,250$2M107
008300274.SZSUNGROW POWER SUPPLY CO LT-A3.84%139,160$2M72
0093750.HKCONTEMPORARY AMPEREX TECHN-H3.76%27,500$2M100
010600886.SSSDIC POWER HOLDINGS CO LTD-A3.55%785,900$2M47
0110586.HKCHINA CONCH VENTURE HOLDINGS3.42%1,708,000$2M46
0120371.HKBEIJING ENTERPRISES WATER GR3.07%7,168,500$1M50
0130968.HKXINYI SOLAR HOLDINGS LTD3.01%5,447,588$1M54
014600674.SSSICHUAN CHUANTOU ENERGY CO-A2.60%522,100$1M53
0152015.HKLI AUTO INC-CLASS A2.44%189,800$1M77

Showing 1–15 of 51 holdings

KGRN Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

KGRN$7,254
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. KGRN $7,254. SPY $11,723. Use the arrow keys to read each point.$6,830$9,479$12,127Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for KGRN. Periods over one year show the average yearly return.
PeriodKGRN
Year to date−19.3%
1 month−9.0%
3 months−11.7%
1 year−27.5%
3 years−3.5%per year
5 years−12.3%per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for KGRN
YearReturn barKGRN
2026 YTD−19.3%
2025+21.4%
2024−1.1%
2023−14.7%
2022−40.7%
2021+5.9%
2020+138.5%

KGRN in the news

ETF.net Research hasn’t filed on KGRN yet — coverage lands here as it’s written.

KGRN Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
1.06%Last 12 months
Payout per share
$0.23Last 12 months
Last payment
$0.23 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2018–2026

One bar per payment. 8 payments from 2018 to 2026 YTD. Dec 26, 2018 $0.36; Dec 27, 2019 $1.09; Dec 29, 2020 $0.003; Dec 29, 2021 $0.19; Dec 28, 2022 $0.44; Dec 18, 2023 $0.17; Dec 17, 2024 $0.33; Dec 22, 2025 $0.23. Use the arrow keys to read each point.201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 22, 2025Dec 23, 2025$0.23
Dec 17, 2024Dec 18, 2024$0.33
Dec 18, 2023Dec 20, 2023$0.17
Dec 28, 2022Dec 30, 2022$0.44
Dec 29, 2021Dec 31, 2021$0.19
Dec 29, 2020Dec 31, 2020$0.003
Dec 27, 2019Dec 31, 2019$1.09
Dec 26, 2018Dec 28, 2018$0.36

KGRN Risk

How much the fund’s monthly returns vary, scaled to a year.
27.5%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.18
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−63.7%
Trough Feb 2024
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.62
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

KGRN Cost

Expense ratio0.79%
  • The middle half of Clean Energy funds
  • Median 0.58%

Every other Clean Energy fund charges less.

KGRN costs $79.00 a year on $10,000. The median Clean Energy fund costs $58.50.