KraneShares Electric Vehicles & Future Mobility Index ETF (KARS)

NYSEARCA: KARS · Real-Time Price · USD
21.53
+0.11 (0.51%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.51%
Assets $70.83M
Expense Ratio 0.72%
PE Ratio 18.32
Shares Out 3.25M
Dividend (ttm) $0.23
Dividend Yield 1.05%
Ex-Dividend Date Dec 18, 2023
Payout Ratio 19.22%
1-Year Return -15.00%
Volume 15,961
Open 21.27
Previous Close 21.42
Day's Range 21.23 - 21.78
52-Week Low 17.54
52-Week High 26.14
Beta 1.19
Holdings 62
Inception Date Jan 18, 2018

About KARS

Fund Home Page

The 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.

Asset Class Equity
Category Industrials
Stock Exchange NYSEARCA
Ticker Symbol KARS
ETF Provider KraneShares
Index Tracked Bloomberg Electric Vehicles Index

Top 10 Holdings

39.80% of assets
Name Symbol Weight
Tesla, Inc. TSLA 5.03%
Geely Automobile Holdings Limited 0175 4.75%
Li Auto Inc. 2015 4.23%
Panasonic Holdings Corporation 6752 4.10%
Contemporary Amperex Technology Co., Limited 300750 4.10%
BYD Company Limited 002594 4.03%
NIO Inc. NIO 3.97%
Rivian Automotive, Inc. RIVN 3.41%
Albemarle Corporation ALB 3.37%
Lucid Group, Inc. LCID 2.81%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 18, 2023 $0.226 Dec 20, 2023
Dec 28, 2022 $0.319 Dec 30, 2022
Dec 29, 2021 $3.149 Dec 31, 2021
Dec 29, 2020 $0.057 Dec 31, 2020
Dec 27, 2019 $0.435 Dec 31, 2019
Dec 26, 2018 $0.247 Dec 28, 2018
Full Dividend History

News

Sales Robust in World's Largest EV Market, KARS Invests

In spite of global challenges, China's new energy vehicle market, comprising electric and hybrid vehicles, continues to grow. Investors looking to capture global EV growth through a diversified strate...

16 days ago - ETF Trends

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.

6 weeks ago - Benzinga

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...

Other symbols: DRIV
6 months ago - Seeking Alpha

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...

7 months ago - Seeking Alpha

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.

11 months ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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.

Other symbols: DRIV
1 year ago - CNBC

The Auto Sector's Green Transition: Three Roads To Lower Returns?

Three investment return trends related to the green transition concern me. These apply across all sectors but to automotive in particular.

1 year ago - Seeking Alpha

Battery Electric Vehicle Share Growth Stalls, Hitting Ford Motor And Detroit Three Hardest

BEV sales growth in the U.S. is slowing, leading automakers to implement measures such as price cuts and production adjustments. Insufficient charging infrastructure, range anxiety, and high prices ar...

Other symbols: DRIVIDRV
1 year ago - Seeking Alpha