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GRN
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iPath® Series B Carbon ETN (GRN)

Upturn stock ratingUpturn stock rating
$28.18
Last Close (24-hour delay)
Profit since last BUY-2.05%
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WEAK BUY
BUY since 66 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
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Upturn Advisory Summary

08/14/2025: GRN (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit -16.44%
Avg. Invested days 37
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
ETF Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Volume (30-day avg) -
Beta 0.46
52 Weeks Range 23.82 - 32.88
Updated Date 06/30/2025
52 Weeks Range 23.82 - 32.88
Updated Date 06/30/2025

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iPath® Series B Carbon ETN

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ETF Overview

overview logo Overview

The iPathu00ae Series B Carbon ETN (GRN) provides exposure to the Barclays Global Carbon Index Total Return, which tracks the performance of carbon emission allowances. It aims to reflect the performance of a basket of futures contracts on carbon emissions allowances. GRN is designed for investors seeking to participate in the carbon emission allowance market.

reliability logo Reputation and Reliability

Barclays Bank PLC is a well-established financial institution, but ETNs carry credit risk of the issuer.

reliability logo Management Expertise

Barclays has experience in structuring and managing various exchange-traded products.

Investment Objective

overview logo Goal

To provide investors with exposure to the performance of carbon emission allowances through futures contracts.

Investment Approach and Strategy

Strategy: Tracks the Barclays Global Carbon Index Total Return, which reflects the performance of futures contracts on carbon emission allowances.

Composition Primarily comprised of futures contracts on carbon emissions allowances, specifically those linked to the European Union Emissions Trading Scheme (EU ETS).

Market Position

Market Share: Due to the specific nature of carbon ETNs, GRN's market share within environmental ETFs is relatively small but it serves a niche interest.

Total Net Assets (AUM): 9580000

Competitors

overview logo Key Competitors

  • KRBN
  • KGHG

Competitive Landscape

The competitive landscape is dominated by KRBN, which has significantly higher AUM and trading volume. GRN offers a similar but smaller and less liquid option. GRN's disadvantages include lower liquidity and higher tracking error compared to its main competitor, but it might appeal to some investors for diversification within the sector.

Financial Performance

Historical Performance: Historical performance data is not available for a long period as it is a relatively new product. Past performance is not indicative of future results.

Benchmark Comparison: The ETF aims to track the Barclays Global Carbon Index Total Return; performance deviations may occur due to tracking error and ETN structure.

Expense Ratio: 0.75

Liquidity

Average Trading Volume

The average trading volume for GRN is relatively low, indicating potentially lower liquidity than other ETFs.

Bid-Ask Spread

The bid-ask spread can be wider than more liquid ETFs, which may increase transaction costs.

Market Dynamics

Market Environment Factors

Changes in government regulations regarding carbon emissions, global climate agreements, and economic conditions impacting energy demand can all affect GRN.

Growth Trajectory

GRN's growth trajectory is linked to the expansion and tightening of carbon emission trading schemes globally; changes to regulatory landscapes is expected to create some changes.

Moat and Competitive Advantages

Competitive Edge

GRN offers exposure to the carbon emission allowance market. However, it faces stiff competition from larger, more liquid peers. GRN's competitive edge is limited due to its smaller size and less established track record. Its focus on carbon credits offers a targeted approach for investors believing in the tightening of emissions policies.

Risk Analysis

Volatility

The ETF's volatility is likely to be high due to the fluctuating prices of carbon emission allowances and potential regulatory changes.

Market Risk

GRN is subject to risks associated with government regulation of carbon emissions, economic cycles, and the potential for changes in climate policy.

Investor Profile

Ideal Investor Profile

GRN may be suitable for investors with a high risk tolerance who are looking to gain exposure to carbon emission allowances and have a strong conviction in the growth of carbon markets.

Market Risk

GRN is better suited for active traders or sophisticated investors who understand the complexities of carbon markets and are aware of the potential risks.

Summary

The iPathu00ae Series B Carbon ETN (GRN) offers exposure to carbon emission allowance futures contracts. It is relatively small and less liquid compared to its main competitors, posing some risks to investors. Its performance is tied to global climate policies and carbon market dynamics. GRN is appropriate for investors who understand this niche asset and have a higher risk tolerance.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Barclays
  • ETF.com
  • Yahoo Finance

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investors should consult with a financial advisor before making any investment decisions. Data may be delayed.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About iPath® Series B Carbon ETN

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The index has the objective of providing exposure to the price of carbon as measured by the return of futures contracts on carbon emissions credits from two of the world"s major emissions-related mechanisms. The components currently included in the index are futures contracts that trade on the ICE Futures Europe exchange.