KraneShares Global Carbon Offset Strategy ETF

KSET

Market cap $834K

The week ending March 1 brought 17 new ETFs into the market, including funds from Fidelity, First Trust, Innovator, AllianzIM, YieldMax, Miller Value Partners, and newcomer Regan Capital. DWS also rolled out its first actively managed ETF with the launch of the Xtrackers RREEF Global Natural Resources ETF (NRES) on the Nasdaq.

Carbon offsets have long garnered criticism for their lack of regulation and any number of bad actors trying to cash in on decarbonization efforts. Increasing regulations from several significant entities, including most recently the CTFC, creates the potential for stronger carbon offset market fundamentals.

Wall Street wrapped up last week on a positive note, thanks to a combination of strong earnings reports from major tech companies and a better-than-expected jobs report.

January proved to be a month of fluctuation for Wall Street. While concerns about reduced expectations for rate cuts had an adverse impact, the stock market saw a rally thanks to strong corporate earnings and renewed confidence in the tech sector.

A carbon offset ETF is handily outpacing its commodity ETF peers year to date through January 30. The KraneShares Global Carbon Offset Strategy ETF (KSET) impressively rallied 26.6% in the period between January 1 and January 30, 2024.

Despite conjecture to the contrary, broad swaths of advisors and retail investors remain enthusiastic about environmental, social, and governance (ESG) investing. And more are taking closer looks at climate-focused and sustainability-driven strategies.

Bull vs. Bear is a weekly feature where the VettaFi writers' room takes opposite sides to debate controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to play either angle. For this edition of Bull vs.

KraneShares' carbon offset ETF is starting off 2024 on a high note, leading in returns across commodity ETFs. The KraneShares Global Carbon Offset Strategy ETF (KSET) has gained 34% year to date through January 16.

The travel industry is warming up for a year of recovery and growth, with a strong emphasis on sustainability and technological innovation.

The carbon credit market is more than ready to leave 2023 behind. That's because market experts predict 2024 could be a comeback year.