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KraneShares MSCI China Clean Technology Index ETF

KGRNNYSE ArcaF

$21.51−0.21 (−0.97%)

At close: Oct 13, 2026, 4:00 PM

F19/ 100

Rank 17 of 17 in Clean Energy

Intraday session: down, 45 prints from 21.72 to 21.51. Range 21.40 to 21.64. Use the arrow keys to read each point.21.4021.4521.5521.6021.6510 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$47M
1Y total return
−24.8%
Yield · Last 12 months
1.06%
Holdings
51
Avg volume · 30D
0M sh
NAV per share
$21.76
52W range
low $21.01high $31.32
Launched
Filings
SEC EDGAR

The ETF.net KGRN Grade

Based on 5 of 6 pillars

F

Score 19 out of 100

Rank
17 of 17
Six-pillar profile for KGRN. Scores out of 100: Cost 0, Risk 43, Mission not scored, Tradability 19, Holdings 42, Durability 28. Strongest: Risk (43). 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 17 of 17
  • 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.
    C43 out of 100
    Rank 10 of 17
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F19 out of 100
    Rank 14 of 17
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C42 out of 100
    Rank 12 of 17
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D28 out of 100
    Rank 15 of 17

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 Oct 13, 2026
Asset class
Stocks
Holdings
51
Top-10 weight
58%
Largest holding
1816.HK11.4%

Sectors

  • Utilities44.0%
  • Industrials28.0%
  • Consumer Discretionary16.6%
  • Technology7.1%
  • Energy4.2%

Geography

  • China92.22%
  • Hong Kong7.78%

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-H11.45%13,001,000$5M69
002600900.SSChina Yangtze Power Co Ltd-A10.12%1,087,300$5M66
00381211.HKByd Co Ltd-H7.36%366,800$3M27
004601985.SSChina National Nuclear Pow-A5.19%1,756,600$2M51
0050257.HKEb Environment4.61%3,657,216$2M49
0060916.HKChina Longyuan Power Group-H4.36%2,964,800$2M71
007600886.SSSdic Power Holdings Co Ltd-A3.96%785,900$2M45
008300750.SZContemporary Amperex Techn-A3.81%41,250$2M107
0093750.HKContemporary Amperex Techn-H3.61%27,500$2M97
010300274.SZSungrow Power Supply Co Lt-A3.61%139,160$2M73
0110586.HKChina Conch Venture Holdings3.51%1,708,000$2M44
0120371.HKBeijing Enterprises Water Gr3.04%7,168,500$1M48
013600674.SSSichuan Chuantou Energy Co-A2.84%522,100$1M51
0140968.HKXinyi Solar Holdings Ltd2.81%5,447,588$1M54
015600905.SSChina Three Gorges Renewab-A2.33%2,045,000$1M51

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$7,516
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. KGRN $7,516. SPY $12,044. Use the arrow keys to read each point.$6,921$9,680$12,440Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

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.

Trailing total return for KGRN. Periods over one year show the average yearly return.
PeriodKGRN
Year to date−19.5%
1 month−2.2%
3 months−7.8%
1 year−24.8%
3 yearsper year−3.0%
5 yearsper year−12.3%
10 yearsFund is under 10 years oldper 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−19.5%
2025+21.4%
2024−1.1%
2023−14.7%
2022−40.7%
2021+5.9%
2020+138.5%

KGRN in the news

Filtered to KGRN · Clean Energy · KraneShares

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 12, 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 Sep 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 Sep 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 0.59%

Every other Clean Energy fund charges less.

KGRN costs $79.00 a year on $10,000. The median Clean Energy fund costs $59.00.

Other funds in Clean Energy