KARS KraneShares Electric Vehicles & Future Mobility ETF
Seeks to track, before fees and expenses, the Solactive Electric Vehicles and Future Mobility 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. When the total number of Index Components is above or equal to 50, the largest 10 companies according to the Market Capitalization will each get a weight of 3.5%. Companies ranked 11th to 20th according to the Market Capitalization each get a weight of 2.0% and companies ranked 21st to 30th according to the Market Capitalization each get a weight of 1.5%. The remaining stocks are weighted equally so that the total sum of the companies within the Index sums up to 100%.
$33.16 +0.77 (2.38%)
As of 01/26/2023 16:00:00 EST IEX book CBOE book
ETF Information
Sponsor: Krane Shares
Category1: Global Equity
Category2: Single industry
Category3: Automobiles
Morningstar category: Industrials
Leverage factor: 1.00
Inception date: 01/19/2018
Index tracking method: Passive replication
Current yield: 0.96%
Historical average yield: 1.03%
Market cap: $203,175,000
Average volume: 56,090
Fees: 0.7000%
Index Information
Solactive Electric Vehicles and Future Mobility Index
Index symbol: KARSIndex
Provider: Solactive
Index weighting: Other
Index inception date: 03/20/2012
Backtesting data exists: No
Number of holdings: 64 (as of 01/20/2018)