Key stats
About KraneShares Electric Vehicles & Future Mobility Index ETF
Home page
Inception date
Jan 18, 2018
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Krane Funds Advisors LLC
Distributor
SEI Investments Distribution Co.
ISIN
US5007678270
KARS holds globally-listed stocks of companies that derive significant revenues from electric vehicles, energy storage technologies, autonomous navigation technology, lithium and copper mining, and hydrogen fuel cells. An index committee determines portfolio inclusion by scraping filings of proposed companies for thematic key terms and then back-testing the resulting basket. This gives a concentrated portfolio of about 32 companies that are market-cap-weighted, with weights of the top 8 securities capped at 5% and other securities at 2.5%. However, if the holdings are less than 32, equal-weighting may be applied. KARS uses representative sampling to track its index, which is reconstituted and rebalanced quarterly. Prior to June 16, 2021, the fund tracked the Solactive Electric Vehicles and Future Mobility Index.
Related funds
Classification
What's in the fund
Exposure type
Consumer Durables
Producer Manufacturing
Non-Energy Minerals
Process Industries
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
KARS assets under management is 76.11 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
KARS invests in stocks. See more details in our Analysis section.
KARS expense ratio is 0.72%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, KARS isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, KARS pays dividends to its holders with the dividend yield of 0.57%.
KARS shares are issued by China International Capital Corp. Ltd.
KARS follows the Bloomberg Electric Vehicles Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 18, 2018.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.