KraneShares’ California carbon ETF is outperforming broader commodities and U.S. equities, highlighting the value of portfolio diversification. The KraneShares California Carbon Allowance ETF (KCCA) offers targeted exposure to the California Carbon Allowances (CCA) cap-and-trade carbon allowance program. CCA future contracts have historically low correlations to traditional asset classes, making KCCA a suitable portfolio diversifier. KCCA climbed 3.7% [...] The post KraneShares’ Carbon ETF Recorded Gains in October as Equities Fell appeared first on ETF Trends .