KRBN vs. IYM ETF Comparison
Comparison of KFA Global Carbon ETF (KRBN) to iShares U.S. Basic Materials ETF (IYM)
KRBN
KFA Global Carbon ETF
KRBN Description
The KFA Global Carbon ETF (the “Fund”) seeks to provide a total return that, before fees and expenses, exceeds that of the IHS Markit Global Carbon Index (the ‘‘Index’’) over a complete market cycle. KRBN 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. Currently, the index covers the major European and North American cap-and-trade programs: European Union Allowances (EUA), California Carbon Allowances (CCA) and the Regional Greenhouse Gas Initiative (RGGI).
Grade (RS Rating)
Last Trade
$30.76
Average Daily Volume
112,749
1
IYM
iShares U.S. Basic Materials ETF
IYM Description
The investment seeks to track the investment results of an index composed of U.S. equities in the basic materials sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Basic Materials Index (the "underlying index"), which measures the performance of the basic materials sector of the U.S. equity market. The fund is non-diversified.Grade (RS Rating)
Last Trade
$147.73
Average Daily Volume
22,061
39
Performance
Period | KRBN | IYM |
---|---|---|
30 Days | 5.05% | 7.83% |
60 Days | -2.29% | 11.11% |
90 Days | -15.70% | 7.26% |
12 Months | -20.95% | 15.86% |
0 Overlapping Holdings
Symbol | Grade | Weight in KRBN | Weight in IYM | Overlap |
---|
KRBN Overweight 1 Positions Relative to IYM
Symbol | Grade | Weight | |
---|---|---|---|
SCHO | B | 1.77% |
KRBN Underweight 39 Positions Relative to IYM
Symbol | Grade | Weight | |
---|---|---|---|
LIN | B | -20.9% | |
FCX | B | -6.99% | |
ECL | A | -5.99% | |
APD | D | -5.53% | |
NUE | B | -5.27% | |
FAST | B | -4.54% | |
DOW | B | -4.24% | |
NEM | D | -4.17% | |
LYB | B | -3.24% | |
STLD | B | -3.08% | |
IFF | C | -2.99% | |
RS | A | -2.66% | |
AVY | B | -2.48% | |
CE | B | -2.34% | |
CF | C | -2.31% | |
ALB | D | -2.05% | |
IP | B | -1.94% | |
EMN | B | -1.59% | |
CLF | B | -1.5% | |
MOS | D | -1.47% | |
X | D | -1.25% | |
SCCO | B | -1.24% | |
FMC | D | -1.14% | |
RBC | D | -1.07% | |
RGLD | F | -1.01% | |
OLN | C | -0.96% | |
HXL | C | -0.85% | |
VVV | B | -0.82% | |
AA | C | -0.78% | |
TKR | C | -0.77% | |
ESI | B | -0.77% | |
WLK | B | -0.68% | |
ASH | C | -0.67% | |
HUN | C | -0.59% | |
CC | F | -0.57% | |
NEU | B | -0.55% | |
SMG | B | -0.43% | |
MP | F | -0.21% | |
SSRM | F | -0.12% |
KRBN: Top Represented Industries & Keywords
IYM: Top Represented Industries & Keywords