Evolve Automobile Innovation Index Fund (TSX:CARS)

Assets	13.69M
Expense Ratio	0.97%
PE Ratio	20.53
Dividend (ttm)	0.28
Dividend Yield	1.05%
Ex-Dividend Date	Sep 29, 2026
Payout Frequency	Monthly
Payout Ratio	21.43%
1-Year Return	+1.97%

Volume	149
Open	26.75
Previous Close	26.82
Day's Range	26.75 - 26.75
52-Week Low	24.78
52-Week High	38.34
Beta	1.64
Holdings	99
Inception Date	Sep 29, 2017

About CARS

Evolve Automobile Innovation Index Fund is an exchange traded fund launched and managed by Evolve Funds Group Inc. The fund invests in public equity markets of global developed region. It invests in stocks of companies operating across consumer discretionary, automobiles and components, development of electric drivetrains, autonomous driving or network connected services for automobiles sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the Solactive Future Cars Index Canadian Dollar Hedged. Evolve Automobile Innovation Index Fund was formed on September 27, 2017 and is domiciled in Canada.

• Asset Class: Equity
• Category: Theme
• Stock Exchange: Toronto Stock Exchange
• Ticker Symbol: CARS
• Provider: Evolve
• Index Tracked: Solactive Future Cars Index Canadian Dollar Hedged - CAD

Performance

CARS had a total return of 1.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.06%.

Top 10 Holdings

110.86% of assets

Name	Symbol	Weight
Canadian Dollar	n/a	89.78%
British Pound Sterling	n/a	5.03%
Gentherm Incorporated	THRM	2.22%
NVIDIA Corporation	NVDA	2.16%
Renault SA	RNO	2.07%
Himax Technologies, Inc.	HIMX	1.95%
Skyworks Solutions, Inc.	SWKS	1.94%
Li Auto Inc.	LI	1.93%
Volkswagen AG	VOW3	1.90%
BYD Co Ltd Class H	BY6.DE	1.88%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 29, 2026	0.025 CAD	Oct 7, 2026
Aug 31, 2026	0.025 CAD	Sep 8, 2026
Jul 31, 2026	0.025 CAD	Aug 10, 2026
Jun 30, 2026	0.025 CAD	Jul 9, 2026
May 29, 2026	0.025 CAD	Jun 5, 2026
Apr 30, 2026	0.025 CAD	May 7, 2026

Data Sources: S&P Global Market Intelligence, Financial Modeling Prep, and more

Historical data is provided by S&P Global Market Intelligence. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Sep 23, 2026

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