KCCA Performance — KraneShares California Carbon Allowance Strategy ETF
Data updated: 2026-08-28
KCCA returned +1.31% year to date and +12.86% over one year to Jun 2026. The annualised 3-year return is −3.12%. Against its Alternative category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $91, against $170 for the category, and to $113 over one year, against $110. Volatility over the past three years was 20.76% a year. In the 12 months to Jun 2026 the fund lost a net $3.7M, and assets reached $116.59M.
KCCA Growth of $100
What $100 invested in KraneShares California Carbon Allowance Strategy ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | KCCA | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $113 | $110 |
| 3 years (Jul 2023 – Jun 2026) | $91 | $170 |
| Since data start (Oct 2021 – Jun 2026) | $87 | $158 |
KCCA Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.31% |
| 1 year | +12.86% |
| 3 years (annualised) | −3.12% |
KCCA Annual Returns
Calendar-year total returns of KraneShares California Carbon Allowance Strategy ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.31% |
| 2025 | −11.56% |
| 2024 | −16.55% |
| 2023 | +34.05% |
| 2022 | −16.73% |
| 2021 (Oct–Nov) | +4.10% |
KCCA Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −1.9% | −0.7% | −9.5% | +5.3% | +7.9% | +1.1% | — | — | — | — | — | — |
| 2025 | −3.7% | +3.4% | −14.1% | +5.9% | −0.9% | −11.6% | +5.4% | +4.7% | −0.1% | +6.0% | −7.7% | +3.3% |
| 2024 | −5.9% | −1.9% | +3.0% | −2.9% | +0.3% | −1.7% | +3.5% | +3.4% | −10.0% | −0.1% | −9.4% | +5.1% |
| 2023 | +3.9% | +2.5% | −3.1% | +3.9% | −0.6% | +3.4% | −0.6% | −1.0% | +14.0% | +2.3% | +2.2% | +3.6% |
| 2022 | +4.0% | +2.6% | −13.5% | −4.5% | +7.2% | −1.9% | −1.4% | −5.9% | −7.8% | +6.6% | −11.6% | +11.6% |
| 2021 | — | — | — | — | — | — | — | — | — | +2.0% | +2.0% | — |
KCCA Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 20.76%
- 3-year Sharpe ratio: -0.37 (vs 4.5% risk-free rate)
- Best month: +14.03% (Sep 2023)
- Worst month: −14.07% (Mar 2025)
KCCA Fund Flows
Monthly money in and out of KraneShares California Carbon Allowance Strategy ETF, from SEC Form N-PORT.
- 12-month net flow: −$3.7M
- 12-month gross sales (incl. reinvestments): $38.8M
- Sales ÷ redemptions: 0.91×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $0 | $0 | $0 |
| May 2026 | $4.1M | $2.0M | $2.1M |
| Apr 2026 | $5.0M | $12.2M | −$7.2M |
| Mar 2026 | $1.3M | $0 | $1.3M |
| Feb 2026 | $1.9M | $0 | $1.9M |
| Jan 2026 | $1.1M | $0 | $1.1M |
| Dec 2025 | $948K | $15.8M | −$14.9M |
| Nov 2025 | $2K | $5.0M | −$5.0M |
| Oct 2025 | $841K | $5.8M | −$5.0M |
| Sep 2025 | $2.7M | $0 | $2.7M |
| Aug 2025 | $18.8M | $0 | $18.8M |
| Jul 2025 | $2.0M | $1.7M | $325K |
KCCA Assets Under Management
Net assets of KraneShares California Carbon Allowance Strategy ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $116.59M |
| 2026-03-31 | $105.55M |
| 2025-12-31 | $115.07M |
| 2025-09-30 | $142.00M |
| 2025-06-30 | $107.07M |
| 2025-03-31 | $109.08M |
| 2024-12-31 | $119.76M |
| 2024-09-30 | $224.14M |
| 2024-06-30 | $191.29M |
| 2024-03-31 | $261.19M |
| 2023-12-31 | $268.73M |
| 2023-09-30 | $263.31M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.