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Launched · SEC filings

KraneShares MSCI China Clean Technology Index ETF

KGRNNYSE ArcaKraneSharesF

$21.16+0.43 (+2.07%)

As of Nov 2, 2026, 3:56 PM ET

F19/ 100

Rank 16 of 16 in Clean Energy

F19/100Rank 16 of 16inClean Energy
Intraday session: up, 78 prints from 20.73 to 21.16. Range 20.88 to 21.28. Use the arrow keys to read each point.20.8020.9021.0021.3010 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$42M
1Y total return
−31.0%
Yield · Last 12 months
1.11%
Holdings
51
Avg volume · 30D
13.4K sh
52W range
low $20.50high $31.25
Launched
Filings
SEC EDGAR

The ETF.net KGRN Grade

Based on 5 of 6 pillars

F

Score 19 out of 100

Category
Clean Energy⁠
Rank
16 of 16
Six-pillar profile for KGRN. Scores out of 100: Cost 0, Risk 45, Mission not scored, Tradability 16, Holdings 40, Durability 25. Strongest: Risk (45). Weakest: Cost (0). Based on 5 of 6 pillars.

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 100
    Rank 16 of 16

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C45 out of 100
    Rank 9 of 16

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F16 out of 100
    Rank 15 of 16

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C40 out of 100
    Rank 11 of 16

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D25 out of 100
    Rank 14 of 16

Our read on KGRN

ETF.net Research

In short

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

  • 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

Holdings pillarC40 out of 100Rank 11 of 16 in Clean Energy
Asset class
Stocks
Holdings
51
Top-10 weight
59%
Largest holding
1816.HK12.1%

Sectors

  • Utilities46.2%
  • Industrials26.3%
  • Consumer Discretionary16.6%
  • Technology6.6%
  • Energy4.1%

Geography

  • China92.00%
  • Hong Kong8.00%

Developed 8% · Emerging 92% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
11816.HKCgn Power Co Ltd-H12.10%12,356,000$5.21M71
2600900.SSChina Yangtze Power Co Ltd-A10.78%1,037,900$4.65M70
381211.HKByd Co Ltd-H7.29%348,100$3.14M28
4601985.SSChina National Nuclear Pow-A5.52%1,676,200$2.38M53
50257.HKEb Environment4.88%3,485,216$2.1M51
60916.HKChina Longyuan Power Group-H4.24%2,830,800$1.83M72
7600886.SSSdic Power Holdings Co Ltd-A4.13%746,700$1.78M47
80586.HKChina Conch Venture Holdings3.63%1,624,000$1.56M45
9300750.SZContemporary Amperex Techn-A3.25%39,250$1.4M108
10300274.SZSungrow Power Supply Co Lt-A3.23%132,360$1.39M76
11600674.SSSichuan Chuantou Energy Co-A3.04%498,700$1.31M53
120371.HKBeijing Enterprises Water Gr2.94%6,832,500$1.27M50
130968.HKXinyi Solar Holdings Ltd2.83%5,183,588$1.22M56
143750.HKContemporary Amperex Techn-H2.78%26,300$1.2M99
152015.HKLi Auto Inc-Class A2.38%181,200$1.03M77

Showing 1–15 of 51 holdings

KGRN Performance

Launched Oct 12, 2017

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

Not enough history yet.
KGRN$6,904
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. KGRN $6,904. SPY $11,199. Use the arrow keys to read each point.$8,000$10,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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−23.2%
1 month−3.2%
3 months−14.9%
1 year−31.0%
3 yearsper year−2.9%
5 yearsper year−14.9%
10 yearsFund is under 10 years oldper yearNo data

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−23.2%
2025+21.4%
2024−1.1%
2023−14.7%
2022−40.7%
2021+5.9%
2020+138.5%

KGRN in the news

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 Oct 30, 2026.
1.11%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

$10,000 in KGRN 5 years ago paid $279 in dividends.

KGRN Risk

Risk pillarC45 out of 100Rank 9 of 16 in Clean Energy
How much the fund’s monthly returns vary, scaled to a year.
27.3%
Annualised · 36 months to Oct 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.
−0.14
vs 3-month T-bills · to Oct 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.

FMP measures it over up to five years of monthly returns.

KGRN Cost

Compare KGRN and ICLN

Overpaying vs ICLN, cheapest in Clean Energy

$7,468

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • KGRN 0.79%

    $15,174

  • ICLN 0.38% Cheapest

    $7,706

$10,000
30 years

Cost over time

  • KGRN 0.79%
  • ICLN 0.38%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530KGRN $15,174ICLN $7,706

Year by year

YearKGRNICLNOverpaying
10$1,405$688$717
20$5,331$2,658$2,673
30$15,174$7,706$7,468

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