Key stats
About KraneShares Electric Vehicles and 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.
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.
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
Consumer Durables
Producer Manufacturing
Non-Energy Minerals
Process Industries
Stocks99.70%
Consumer Durables42.55%
Producer Manufacturing25.02%
Non-Energy Minerals15.15%
Process Industries12.56%
Distribution Services2.98%
Electronic Technology1.44%
Bonds, Cash & Other0.30%
Cash0.30%
Stock breakdown by region
Asia68.77%
North America15.47%
Oceania8.33%
Europe5.09%
Latin America2.35%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
KARS invests in stocks. The fund's major sectors are Consumer Durables, with 42.55% stocks, and Producer Manufacturing, with 25.02% of the basket. The assets are mostly located in the Asia region.
KARS top holdings are Li Auto, Inc. Class A and Rivian Automotive, Inc. Class A, occupying 4.67% and 4.54% of the portfolio correspondingly.
KARS last dividends amounted to 0.16 USD. The year before, the issuer paid 0.23 USD in dividends, which shows a 38.17% decrease.
KARS assets under management is 61.65 M USD. It's fallen 1.83% over the last month.
KARS fund flows account for −34.99 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, KARS pays dividends to its holders with the dividend yield of 0.75%. The last dividend (Dec 18, 2024) amounted to 0.16 USD. The dividends are paid annually.
KARS shares are issued by China International Capital Corp. Ltd. under the brand KraneShares. The ETF was launched on Jan 18, 2018, and its management style is Passive.
KARS expense ratio is 0.72% meaning you'd have to pay 0.72% of your investment to help manage the fund.
KARS follows the Bloomberg Electric Vehicles Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
KARS invests in stocks.
KARS price has fallen by −0.92% over the last month, and its yearly performance shows a 3.71% increase. See more dynamics on KARS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.17% over the last month, showed a −3.25% decrease in three-month performance and has increased by 4.80% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.17% over the last month, showed a −3.25% decrease in three-month performance and has increased by 4.80% in a year.
KARS trades at a premium (0.69%) meaning the ETF is trading at a higher price than the calculated NAV.