KRBN vs. PSCE ETF Comparison
Comparison of KFA Global Carbon ETF (KRBN) to PowerShares S&P SmallCap Energy Portfolio (PSCE)
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
$31.72
Average Daily Volume
109,888
1
PSCE
PowerShares S&P SmallCap Energy Portfolio
PSCE Description
The PowerShares S&P SmallCap Energy Portfolio (Fund) is based on the S&P SmallCap 600® Capped Energy Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US energy companies. These companies are principally engaged in the business of producing, distributing or servicing energy related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil based energy. The Index is a subset of the S&P SmallCap 600® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$55.10
Average Daily Volume
18,998
26
Performance
| Period | KRBN | PSCE |
|---|---|---|
| 30 Days | 3.09% | 1.05% |
| 60 Days | 11.10% | 6.23% |
| 90 Days | 0.86% | 13.43% |
| 12 Months | -19.88% | 22.92% |
0 Overlapping Holdings
| Symbol | Grade | Weight in KRBN | Weight in PSCE | Overlap |
|---|
KRBN Overweight 1 Positions Relative to PSCE
| Symbol | Grade | Weight | |
|---|---|---|---|
| SCHO | B | 1.77% |
KRBN Underweight 26 Positions Relative to PSCE
| Symbol | Grade | Weight | |
|---|---|---|---|
| SM | A | -10.14% | |
| MGY | A | -8.39% | |
| HP | A | -7.09% | |
| NOG | A | -6.8% | |
| PTEN | F | -6.34% | |
| LBRT | A | -5.7% | |
| CRC | A | -5.06% | |
| AROC | A | -4.79% | |
| CEIX | B | -4.26% | |
| OII | B | -4.19% | |
| BTU | C | -3.94% | |
| PARR | D | -3.28% | |
| TALO | B | -3.25% | |
| HLX | A | -2.79% | |
| GPRE | C | -2.45% | |
| LPG | A | -2.41% | |
| CVI | D | -1.79% | |
| SLCA | B | -1.78% | |
| CRK | B | -1.52% | |
| REX | A | -1.51% | |
| CLB | B | -1.46% | |
| DRQ | F | -1.27% | |
| PUMP | B | -1.25% | |
| NBR | F | -1.21% | |
| RES | A | -1.19% | |
| VTOL | D | -1.08% |
KRBN: Top Represented Industries & Keywords
PSCE: Top Represented Industries & Keywords
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