ETF of the Week: KraneShares Global Carbon ETF (KRBN)

ETF Trends CEO Tom Lydon discussed the KraneShares Global Carbon ETF (KRBN) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. KRBN seeks to provide a total return that, before fees and expenses, exceeds that of the IHS Markit Global Carbon Index over a complete market cycle. The fund is benchmarked to IHS Markit’s Global Carbon Index, which offers broad coverage of cap-and-trade carbon allowances by tracking the most traded carbon credit futures contracts. The index introduces a new measure for hedging risk and going long the price of carbon while supporting responsible investing.