

KraneShares MSCI China Clean Technology Index ETF
$21.51−0.21 (−0.97%)
- 0.79%
- $47M
- −24.8%
- 1.06%
- 0M sh
- $21.76
- low $21.01high $31.32
The ETF.net KGRN Grade
Score 19 out of 100
- 17 of 17
Score 19 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F0 out of 100Rank 17 of 17Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C43 out of 100Rank 10 of 17Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F19 out of 100Rank 14 of 17Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C42 out of 100Rank 12 of 17Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D28 out of 100Rank 15 of 17
Our read on KGRN
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.
The fund seeks to follow the performance of the MSCI China IMI Environment 10/40 Index.
Why people hold it
- Single-country by design: it follows the MSCI China IMI Environment 10/40 Index, while most clean-energy peers spread their bets across global markets.
- Run by KraneShares, a China-focused specialist, and trading since 2017, so it carries a live record through several China market cycles.
- About 50 holdings keeps the theme legible: China clean tech is the whole portfolio, not a sliver buried inside a global basket.
Worth knowing
- At 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%.
- Thinly traded next to the category's largest funds, which can show up as wider bid-ask spreads and more cost around the trade itself.
- One country, about 50 stocks: Chinese policy shifts, regulation and currency moves flow straight through with no global diversification to soften them.
KGRN Holdings
- Stocks
- 51
- 58%
- 1816.HK
Sectors
- Utilities44.0%
- Industrials28.0%
- Consumer Discretionary16.6%
- Technology7.1%
- Energy4.2%
Geography
- China92.22%
- Hong Kong7.78%
Developed 8% · Emerging 92%
KGRN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Oct 12, 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.
| Period | KGRN |
|---|---|
| Year to date | −19.5% |
| 1 month | −2.2% |
| 3 months | −7.8% |
| 1 year | −24.8% |
| 3 years | −3.0% |
| 5 years | −12.3% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | KGRN |
|---|---|---|
| 2026 YTD | −19.5% | |
| 2025 | +21.4% | |
| 2024 | −1.1% | |
| 2023 | −14.7% | |
| 2022 | −40.7% | |
| 2021 | +5.9% | |
| 2020 | +138.5% |
KGRN in the news



Category Review
Index option income was not one bet this year



KGRN Dividends
- 1.06%
- $0.23
- $0.23 per share
- Annual
Distribution history
KGRN Risk
- 27.5%
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.
- −0.18
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.
- −63.7%
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.
- 0.62
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
- The middle half of Clean Energy funds
- Median 0.59%
Every other Clean Energy fund charges less.
Other funds in Clean Energy
- CSMOGVanEck Low Carbon Energy ETFExpense ratio 0.64%1 year return +9.1%
- CPBDInvesco Global Clean Energy ETFExpense ratio 0.75%1 year return +8.2%
- DCTEXProShares - S&P Kensho Cleantech ETFExpense ratio 0.58%1 year return −5.6%
- DTANInvesco Solar ETFExpense ratio 0.70%1 year return −3.3%
- DRNRGGlobal X - Renewable Energy Producers ETFExpense ratio 0.65%1 year return −1.5%