KARS

KraneShares Electric Vehicles and Future Mobility Index ETF

$31.34
+0.00%
Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Electric Vehicles Index.

Overview

ETF tracking KraneShares Electric Vehicles and Future Mobility Index ETF

Category Utilities
Issuer Other
Inception Date 2018-01-19
Market Cap $84.6M
Average Volume N/A
Dividend Yield 0.52%
52-Week Range $17.65 - $32.13
VWAP $31.39

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Electric Vehicles Index.

🎯 Investment Strategy

The ETF uses a representative sampling strategy to track the index, which is designed to measure the performance of companies involved in the electric vehicles and future mobility industries. The fund invests in a portfolio of securities that provides exposure to the electric vehicles and future mobility theme.

✨ Key Features

  • Provides exposure to companies involved in the electric vehicles and future mobility industries
  • Tracks the Bloomberg Electric Vehicles Index, which is designed to measure the performance of this theme
  • Uses a representative sampling strategy to construct the portfolio
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk: The fund is concentrated in the electric vehicles and future mobility industries, which may be subject to greater volatility and risk than a more diversified portfolio
  • Equity market risk: The value of the fund's holdings may decline due to general market and economic conditions
  • Sector risk: The fund's performance may be more volatile due to its focus on a specific sector
  • Tracking error risk: The fund may not perfectly track the underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to the electric vehicles and future mobility theme as part of a diversified portfolio. Investors should have a long-term investment horizon and be willing to accept the higher level of risk associated with a sector-focused fund.