KARS
KraneShares Electric Vehicles & Future Mobility Index ETF
The KraneShares Electric Vehicles and Future Mobility Index ETF is an exchange-traded fund incorporated in the USA. It seeks to measure the performance of Solactive Electric Vehicles and Future Mobility Index, which includes issuers engaged in the electri
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
81.1 M
ASSETS UNDER MGMT
72 bp
EXPENSES
Fund Basics
| Fund sponsor | KraneShares |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Jan 18, 2018 |
| Assets (mns) | $81 |
| Expense ratio | 72 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Semi-annual |
| Taxation | 1099 |
| Stock selection | Fundamental |
| Weighting | Tiered |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| TESLA MOTORS INC | 5.7 % |
| BYD CO LTD -A | 5.1 % |
| RIVIAN AUTOMOTIVE INC-A | 4.4 % |
| CONTEMPORARY AMPEREX TECHNOLOGY CO., LTD | 4.3 % |
| PANASONIC CORP | 4.3 % |
| LI AUTO, INC. CLASS A | 4.3 % |
| NIO INC. SPONSORED ADR CLASS A | 4.1 % |
| SAMSUNG SDI CO LTD | 3.7 % |
| ALBEMARLE CORP | 3.4 % |
| XPENG, INC. CLASS A | 2.8 % |
Constituent Breakdown
| Number of holdings | 64 |
| Herfindahl-Hirschman Index | 283 |
| Wgt avg mkt cap (mns) | $74,398 |
| Large cap (>$10bn) | 65.8% |
| Mid cap ($2-10bn) | 29.7% |
| Small cap (<$2bn) | 2.1% |
| Developed mkts. | 36.8% |
| Emerging mkts. | 63.2% |
Country Exposure
 |
CHINA | 44.1 % |
 |
UNITED STATES | 17.9 % |
 |
SOUTH KOREA | 12.5 % |
 |
AUSTRALIA | 7.2 % |
 |
JAPAN | 5.3 % |
 |
CHILE | 2.3 % |
 |
HONG KONG | 2.3 % |
 |
BELGIUM | 2.0 % |
 |
SWEDEN | 1.2 % |
Historical Performance
Standardized Performance (as of 09/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | -10.6% | -15.9% | -12.4% | -18.6% | 4.4% | -- | 0.7% | Volatility | 24.9% | 25.3% | 28.5% | 29.6% | 30.7% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.15 | 44% |
| MSCI EAFE | 1.16 | 43% |
| MSCI Emg Mkts | 1.29 | 50% |
Liquidity Measures
| Avg. volume (000) | 18 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.61% |
| ADV of underlying (mns) | $37,213 |
Technical Indicators
| Recent close | $21.63 |
| 30d moving avg. | $19.65 |
| Annualized volatility | 31.3% |
| Relative strength (RSI) | 42 |
| Short interest (ETF) | 0.1% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. KARS |
Expenses vs. KARS |
ALTAR Score™ vs. KARS |
|---|---|---|---|---|
| LIT | Global X Lithium & Battery Tech ETF | 36.9% | +3 bp | +9.5% |
| EV | Mast Global Battery Recycling & Production ETF | 35.9% | -7 bp | +10.9% |
| FDRV | Fidelity Electric Vehicles and Future Transportation ETF | 27.8% | -33 bp | -2.8% |
| IDRV | iShares Self-driving EV & Tech ETF | 26.4% | -25 bp | -1.4% |
| BATT | Amplify Lithium & Battery Technology ETF | 25.6% | -13 bp | -0.9% |
| KGRN | KraneShares MSCI China Clean Technology Index ETF | 21.1% | +7 bp | +4.4% |
| ETEC | iShares Breakthrough Environmental Solutions ETF | 17.9% | -25 bp | +7.0% |
| QCLN | First Trust Nasdaq Clean Edge Green Energy Index Fund | 17.8% | -14 bp | -4.2% |
| ERTH | Invesco MSCI Sustainable Future ETF | 16.0% | -10 bp | +2.6% |
| ACES | ALPS Clean Energy ETF | 15.0% | -17 bp | -5.3% |
Risk and Returns: KARS vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 10/23/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
KARS
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
KARS
1.2%
Cat. Avg
4.1%
ALTAR Score™ Calculation
Category Overview
There are 361 funds in the Global Equity category, with an average ALTAR Score™
of 4.1% and a standard deviation of
4.7%. KARS's ALTAR Score™ is approximately
0.6 standard deviations
below
the category average. This places KARS in the 26th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
KARSSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based Global Equity ETFs |
| # of ETFs | 191 |
| Avg. Expense Ratio | 55.4 bp |
| Std. Deviation | 17.5 bp |
| KARS (72 bp) Percentile rank | 83 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| KARS | 72.0 | 60.9 | 132.9 |
| Peer Avg. | 52.1 | 34.6 | 86.8 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .