KraneShares Global Carbon Offset Strategy ETF [KSET] Stock Forecast

This week in the top-performing ETFs data drop, carbon ETFs took the lead. While it was not immediately clear as to why they saw such a performance spike, investors can learn something from recent climate-change-related headlines.

Wall Street delivered a downbeat show last week with the S&P 500 and Nasdaq logging worst weeks since March due to rising rate worries.

In recent years, many well-known corporations have unveiled ambitious carbon-reduction and net-zero goals. That's put newfound emphasis on carbon-related investing, including carbon offsets – an asset class that's increasingly accessible to ordinary investors thanks to exchange traded funds such as the KraneShares Global Carbon Offset Strategy ETF (KSET).

In recent years, many well-known corporations have unveiled ambitious carbon-reduction and net-zero goals. That's put newfound emphasis on carbon-related investing, including carbon offsets – an asset class that's increasingly accessible to ordinary investors thanks to exchange traded funds such as the KraneShares Global Carbon Offset Strategy ETF (KSET).

A carbon offset ETF handily outpaced its commodity ETF peers last week. The KraneShares Global Carbon Offset Strategy ETF (KSET) impressively rallied 16.6% in the one-week period trailing September 1.

Wall Street delivered an upbeat performance last week, with the Dow Jones logging the best week since July.

Wall Street delivered mixed performances last week due to rising rates.

ESG remains a contentious topic for the investing world, and often for good reason, given flagging performance and inconsistent frameworks. There is strong opportunity, however, and substantial difference in portfolio performance in the decades to come for investors that align with climate and global decarbonization efforts.

The new framework to better define high-quality carbon credits for market participants and buyers was finalized July 27. The hope is that it will instill confidence for investors and bring more liquidity to the market.

In this edition of the top-performing ETFs, climate change investing stood out via the carbon offset ETF KSET. The KraneShares Global Carbon Offset Strategy ETF (KSET) nearly doubled the one-week returns of the next best-performing ETF.

KraneShares Global Carbon Offset Strategy ETF is a US stock and trading under the symbol KSET

KraneShares Global Carbon Offset Strategy ETF stock price is $2.3899 today.

Yes, KraneShares Global Carbon Offset Strategy ETF is a publicly traded company.