KraneShares California Carbon Allowance ETF (KCCA)

KraneShares California Carbon Allowance ETF (KCCA) is an exchange-traded fund in the Commodities Focused category. It has $121.53M in assets, an expense ratio of 0.95% and a 2.77% dividend yield. The index is comprised of futures contracts on emission allowances issued by a “cap and trade” regulatory regime that seeks to reduce greenhouse gas emissions over time. The fund will invest at least 80% of its net assets in instruments that provide exposure to California Carbon Allowances. It is non-diversified.