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ETFs

KraneShares Electric Vehicles and Future Mobility Index ETF

KARS
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 18 2018
Expense Ratio
0.70%
Type
Global Ex. US Equities
Fund Owner
Krane Shares
Volume (1m avg. daily)
$694,630
AUM
$179,382,559
Associated Index
Bloomberg Electric Vehicles Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

006400
Samsung SDI Co. Ltd.
4.43%
6594
Nidec Corporation
4.36%
6752
Panasonic Holdings Corporation
4.20%
TSLA
Tesla Inc
3.98%
300750
CONTEMPORARY AMPEREX TECHN-A
3.92%
002594
BYD CO LTD -A
3.88%
APTV
Aptiv PLC
3.82%
ALB
Albemarle Corp.
3.51%
247540
ECOPRO BM CO LTD
3.24%
373220
LG Energy Solution Ltd.
2.89%
Invest with KARS

What is KARS?

KARS seeks to measure the performance of the Bloomberg Electric Vehicles Index. The Index is designed to track the performance of companies engaged in the production of electric vehicles and/or their components, or engaged in other initiatives that may change the future of mobility. The Index includes issuers engaged in the electric vehicle production, autonomous driving, shared mobility, lithium and/or copper production, lithium-ion/lead acid batteries, hydrogen fuel cell manufacturing and/or electric infrastructure businesses.

ETFs related toKARS

ETFs correlated to KARS include LIT, DRIV, IDRV

KARS
KraneShares Trust - KraneShares Electric Vehicles and Future Mobility Index ETF
LIT
Global X Funds - Global X Lithium & Battery Tech ETF
DRIV
Global X Funds - Global X Autonomous & Electric Vehicles ETF
IDRV
iShares Trust - iShares Self-Driving EV and Tech ETF
RXI
BlackRock Institutional Trust Company N.A. - iShares Global Consumer Discretionary ETF
QCLN
First Trust Exchange-Traded Fund III - First Trust Nasdaq Clean Edge Green Energy Index Fund
IRBO
BlackRock Institutional Trust Company N.A. - iShares Robotics and Artificial Intelligence Multisector ETF
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
ROBO
Exchange Traded Concepts Trust - ETCT ROBO Global Robotics and Automation Index ETF
ARKQ
ARK Investment Management LLC - ARK Autonomous Technology & Robotics ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

KARS is a Global Ex. US Equities ETF. KARS seeks to measure the performance of the Bloomberg Electric Vehicles Index. The Index is designed to track the performance of companies engaged in the production of electric vehicles and/or their components, or engaged in other initiatives that may change the future of mobility. The Index includes issuers engaged in the electric vehicle production, autonomous driving, shared mobility, lithium and/or copper production, lithium-ion/lead acid batteries, hydrogen fuel cell manufacturing and/or electric infrastructure businesses.

KARS tracks the Bloomberg Electric Vehicles Index.

No, KARS is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, KARS is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on KARS is -0.0569%. This is the percent change in the value of KARS over the most recent 1-month period. The 3-month return on KARS is -0.0039%. This is the percent change in the value of KARS over the most recent 3-month period.

The standard deviation of KARS for the past year is 0.3436%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to KARS include ARKK, TAN, and EFG.

ETFs correlated to KARS include LIT, DRIV, and IDRV.

ETFs that are inversely correlated to KARS include HIBS, EDZ, and EUM.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.