Key stats
About ISHARES GLOBAL ELEC & AUTONOMOUS VE CAD UNIT
Expense ratio
0.48%
Home page
Inception date
Feb 7, 2023
Morningstar Global Electric & Autonomous Vehicles Select Index - CAD - Benchmark TR Net
The fund provides narrow exposure to global companies positioned to benefit from the two subthemes: electric vehicles and autonomous driving technologies. To be eligible for index inclusion, securities must be a part of the Morningstar Global Markets Index (parent index) and scored by Morningstars Equity Research analysts. Companies are evaluated based on 5-year revenue projections which translate to four-point scale thematic exposure scores. Morningstars committee reviews and/or revises the assigned scores to optimize internal consistency. Firms with a score of 0 are excluded, leaving those that are considered producers or suppliers of goods and services related to the subthemes. Securities are then categorized as Tier 1 or Tier 2 based on their exposure score. If the total number of Tier 1 stocks is greater than or equal to 50, then all such are selected. Otherwise, Tier 2 securities are selected until the portfolio reaches 50 constituents. Holdings are market cap-weighted, with individual security weights capped at 4%. The index rebalances annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Consumer Durables
Producer Manufacturing
Stocks99.83%
Electronic Technology60.14%
Consumer Durables13.11%
Producer Manufacturing10.73%
Process Industries8.25%
Technology Services6.30%
Non-Energy Minerals1.01%
Distribution Services0.28%
Bonds, Cash & Other0.17%
Cash0.17%
Stock breakdown by region
North America65.03%
Asia24.96%
Europe9.59%
Oceania0.42%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history