Evolve Automobile Innovation Index Fund (TSX:CARS)

Assets	14.61M
Expense Ratio	0.97%
PE Ratio	21.36
Dividend (ttm)	0.27
Dividend Yield	0.97%
Ex-Dividend Date	Jul 31, 2026
Payout Frequency	Monthly
Payout Ratio	20.67%
1-Year Return	+23.78%

Volume	860
Open	28.10
Previous Close	28.28
Day's Range	28.10 - 28.11
52-Week Low	23.07
52-Week High	38.34
Beta	1.65
Holdings	98
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 23.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.65%.

Top 10 Holdings

136.82% of assets

Name	Symbol	Weight
Canadian Dollar	n/a	99.69%
United States Dollar	n/a	10.53%
Arm Holdings plc	ARM	3.82%
Advanced Micro Devices, Inc.	AMD	3.81%
Intel Corporation	INTC	3.67%
Wolfspeed, Inc.	WOLF	3.39%
Navitas Semiconductor Corporation	NVTS	3.08%
STMicroelectronics N.V.	STMPA	3.07%
Bloom Energy Corporation	BE	2.97%
SiTime Corporation	SITM	2.79%

Dividend History

Ex-Dividend	Amount	Pay Date
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
Mar 31, 2026	0.025 CAD	Apr 8, 2026
Feb 27, 2026	0.025 CAD	Mar 6, 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:

Aug 13, 2026

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