KARSINDEX 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%.
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As of 05/30/2023
Index Information
Provider: Solactive
Category1: Global Equity
Category2: Single industry
Category3: Automobiles
Currency: USD
Inception date: 03/20/2012
Backtesting data exists: No
Weighting methodology: Other
Number of holdings: 64 (as of 01/20/2018)
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