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KGHG
$--
Today’s Change
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Snapshot
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Inception Date
Mar 16 2022
Expense Ratio
0.89%
Type
Global Equities
Fund Owner
Krane Shares
Volume (1m avg. daily)
$6,238
AUM
$2,476,379
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

n/a
Cash
99.97%
n/a
CANADIAN DOLLAR
0.02%
n/a
JAPANESE YEN
0.01%
n/a
NORWEGIAN KRONE
0.00%
n/a
BRITISH STERLING POUND
0.00%
n/a
EURO
0.00%
n/a
AUSTRALIAN DOLLAR
0.00%
n/a
NEW ZEALAND DOLLAR
0.00%
Invest with KGHG

What is KGHG?

KGHG is an actively managed ETF that aims to capture the low-carbon leaders of the future. KGHG focuses on companies in traditionally high emissions industries that are on the cusp of the transition away from fossil fuels to renewable technology. Companies in high impact industries that have a stated commitment and demonstrated action towards decarbonization may see superior growth compared to their peers as well as potentially benefit from a reevaluation and improved environmental, social and corporate governance (ESG) score.

ETFs related toKGHG

ETFs correlated to KGHG include AVDE, DFIV, AVDV

KGHG
KraneShares Trust - KraneShares Global Carbon Transformation ETF
AVDE
American Century ETF Trust - Avantis International Equity ETF
DFIV
Dimensional ETF Trust - Dimensional International Value ETF
AVDV
American Century ETF Trust - Avantis International Small Cap Value ETF
ICOW
Pacer Funds Trust - Pacer Developed Markets International Cash Cows 100 ETF
DFIC
Dimensional ETF Trust - Dimensional International Core Equity 2 ETF
ISCF
BlackRock Institutional Trust Company N.A. - iShares International Small-Cap Equity Factor ETF
PXF
Invesco Capital Management LLC - Invesco FTSE RAFI Developed Markets ex-U.S. ETF
DGT
SPDR Series Trust - SPDR Global Dow ETF
FNDF
Schwab Strategic Trust - Schwab Fundamental International Large Company Index ETF
SCHC
Schwab Strategic Trust - Schwab International Small-Cap Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

KGHG is a Global Equities ETF. KGHG is an actively managed ETF that aims to capture the low-carbon leaders of the future. KGHG focuses on companies in traditionally high emissions industries that are on the cusp of the transition away from fossil fuels to renewable technology. Companies in high impact industries that have a stated commitment and demonstrated action towards decarbonization may see superior growth compared to their peers as well as potentially benefit from a reevaluation and improved environmental, social and corporate governance (ESG) score.

Yes, KGHG is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, KGHG is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on KGHG is %. This is the percent change in the value of KGHG over the most recent 1-month period. The 3-month return on KGHG is %. This is the percent change in the value of KGHG over the most recent 3-month period.

The standard deviation of KGHG for the past year is 0.2526%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to KGHG include ARKK, TAN, and EFG.

ETFs correlated to KGHG include AVDE, DFIV, and AVDV.

ETFs that are inversely correlated to KGHG include EPV, SKF, and TWM.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.