KraneShares Electric Vehicles & Future Mobility ETF (KARS)
| Assets | $272.67M |
| NAV | $48.26 |
| Expense Ratio | 0.72% |
| PE Ratio | 33.53 |
| Shares Out | 5.65M |
| Dividend (ttm) | $0.06 |
| Dividend Yield | 0.12% |
| Ex-Dividend Date | Dec 29, 2020 |
| 1-Year Return | - |
| Volume | 44,284 |
| Open | 48.99 |
| Previous Close | 48.51 |
| Day's Range | 48.97 - 49.56 |
| 52-Week Low | 29.06 |
| 52-Week High | 49.56 |
| Beta | 1.32 |
| Holdings | 72 |
| Inception Date | Jan 18, 2018 |
About KARS
The investment seeks to provide investment results that, correspond to the price and yield performance of the Bloomberg Electric Vehicles Index. The fund will invest at least 80% of its total assets in components of the index, depositary receipts, representing such components, securities underlying depositary receipts in the index and instruments. The index is designed to track the equity market performance of companies engaged in the production of electric vehicles or their components or in other initiatives that may change the future of mobility, as determined by index provider.
Top 10 Holdings
44.60% of assets| Name | Symbol | Weight |
|---|---|---|
| Tesla | TSLA | 5.71% |
| Daimler AG | DAI.DE | 5.67% |
| Analog Devices | ADI | 5.03% |
| General Motors | GM | 5.00% |
| Contemporary Amperex Technology Co Ltd Class A | 300750.SZ | 4.60% |
| NXP Semiconductors | NXPI | 4.53% |
| NIO Inc. | NIO | 4.44% |
| Nidec Corp | 6594.T | 4.07% |
| Ford Motor | F | 2.88% |
| Bayerische Motoren Werke AG | BMW.DE | 2.66% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2020 | $0.0574 | Dec 31, 2020 |
| Dec 27, 2019 | $0.43508 | Dec 31, 2019 |
| Dec 26, 2018 | $0.24658 | Dec 28, 2018 |
News
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Investing in China's Electric Car Boom with ‘KARS'
Electric vehicle sales in China continue to rocket upward, as the demand grows for the emission-friendly automobiles. The China Association of Automobile Manufacturers (CAAM) recently reported record el...
NIO Inc. Reports Record Earnings
NIO Inc. (NIO), a leading Chinese manufacturer and designer of of electric vehicles, reported record highs in its latest earnings statement. In June 2021, NIO delivered 8,083 vehicles, representing a 1...
‘KARS' Gets a New Bloomberg Index
Last week, KraneShares announced that its KraneShares Electric Vehicles & Future Mobility ETF (Ticker: KARS) is switching to a new Bloomberg index. KARS will now track the Bloomberg Electric Vehicles In...
Electric Vehicles Will Dominate China's Automotive Market in 10 Years
Electric vehicles are already the talk of the automotive industry, a good sign for the KraneShares Electric Vehicles and Future Mobility Index ETF (KARS). Major executives are making aggressive electric...
Will the Lordstown Motors Debacle Affect Electric Vehicle ETFs?
In the latest bout of trouble for Lordstown Motors, the electric car company that operates out of a former GM plant, the company said Monday that CEO Steve Burns and CFO Julio Rodriguez have stepped dow...
As Electric Vehicles Proliferate, Harness the Potential with ‘KARS'
The International Energy Agency (IEA) recently reported that nearly 3 million new electric cars were registered in 2020–a record high. That number was up 41% compared to 2019, according to the IEA website.
In Population-Dense China, EVs Could Be a Game Changer
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