KraneShares Electric Vehicles & Future Mobility Index ETF (KARS)
| Assets | $81.16M |
| Expense Ratio | 0.72% |
| PE Ratio | 26.34 |
| Shares Out | 2.60M |
| Dividend (ttm) | $0.16 |
| Dividend Yield | 0.52% |
| Ex-Dividend Date | Dec 17, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | 13.53% |
| Volume | 30,801 |
| Open | 31.67 |
| Previous Close | 31.79 |
| Day's Range | 31.26 - 31.76 |
| 52-Week Low | 17.44 |
| 52-Week High | 31.79 |
| Beta | 1.18 |
| Holdings | 65 |
| Inception Date | Jan 18, 2018 |
About KARS
Fund Home PageThe KraneShares Electric Vehicles & Future Mobility Index ETF (KARS) is an exchange-traded fund that is based on the Bloomberg Electric Vehicles index, a modified market-cap-weighted index of stocks that are involved in the production of electric vehicles or other initiatives that may enhance future mobility. KARS was launched on Jan 18, 2018 and is issued by KraneShares.
Top 10 Holdings
37.74% of assets| Name | Symbol | Weight |
|---|---|---|
| Contemporary Amperex Technology Co., Limited | 300750 | 5.01% |
| Tesla, Inc. | TSLA | 4.58% |
| XPeng Inc. | 9868 | 3.97% |
| Li Auto Inc. | 2015 | 3.67% |
| Panasonic Holdings Corporation | 6752 | 3.55% |
| Xiaomi Corporation | 1810 | 3.54% |
| BYD Company Limited | 002594 | 3.48% |
| EVE Energy Co., Ltd. | 300014 | 3.38% |
| NIO Inc. | 9866 | 3.30% |
| Geely Automobile Holdings Limited | 0175 | 3.26% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $0.1633 | Dec 18, 2024 |
| Dec 18, 2023 | $0.22563 | Dec 20, 2023 |
| Dec 28, 2022 | $0.31917 | Dec 30, 2022 |
| Dec 29, 2021 | $3.14881 | Dec 31, 2021 |
| Dec 29, 2020 | $0.0574 | Dec 31, 2020 |
| Dec 27, 2019 | $0.4351 | Dec 31, 2019 |
Performance
KARS had a total return of 33.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.65%.
News
Q3 EV Wars: Who Won, Who Lost?
The global electric vehicle market remains highly competitive, with China as the dominant region and the U.S. seeing a temporary Q3 boost from expiring tax credits. BYD Company Limited leads in global...
Disruptive Theme of the Week: Top YTD Themes in the Rearview Mirror
It may not be the end of the quarter yet, but we have made it through summer, and that seems like a good checkpoint to evaluate the top ETF investment themes YTD. Let's take a moment to look in this y...
Tesla Battery Pivot Sparks ETF Rotation: America In, China Out?
Tesla Inc.'s TSLA new $4.3 billion battery agreement with South Korea's LG Energy Solution is a sweeping gesture toward reshoring battery making.
China's Export Restrictions On Rare Earths Causes Alarm For Automotive Industry
With nearly 70% of global rare earth production and more than 90% of processing taking place in China, the world remains heavily reliant on the country for rare earth element supplies. Rare earth elem...
KARS ETF Hits Golden Cross Powered By Tesla, Geely, Xpeng, Li
The KraneShares Electric Vehicles and Future Mobility Index ETF KARS has just hit a significant milestone, making a Golden Cross that has investors' attention piqued and driving optimism.
Power Shift Part 2: Western Brands In China's EV Market
The Chinese market is increasingly dominated by domestic brands in the electric vehicle (EV) sector, posing a threat to Western manufacturers. This article provides an updated analysis of the EV marke...
Thinking Hard About The China Overproduction Narrative
Concerns about “overcapacity” arise primarily for goods linked to high-wage jobs, not for low-wage industries like clothing or toys. China sees its success as a result of a system that blends state co...
KARS: Right EV ETF, Wrong Time
KARS is an electric vehicle ETF that focuses on companies involved in EV production, components, and materials. The EV market is growing rapidly, but took a step back in 2023.
KARS: Right Theme, But Poor Momentum
The KraneShares Electric Vehicles and Future Mobility Index ETF aims to provide exposure to companies shaping the future of mobility. The KARS ETF focuses on various aspects of the emerging EV ecosyst...
Going beyond Tesla: ETF bets solely on electric vehicle makers
Defiance ETFs is trying to change up the EV ETF market with an all-electric carmaker fund.
