KraneShares Electric Vehicles and Future Mobility Index ETF (KARS)
- Previous Close
22.89 - Open
22.70 - Bid 21.31 x 1000
- Ask 23.83 x 1000
- Day's Range
22.55 - 22.74 - 52 Week Range
20.35 - 34.37 - Volume
13,977 - Avg. Volume
26,190 - Net Assets 98.52M
- NAV 22.88
- PE Ratio (TTM) 12.32
- Yield 1.03%
- YTD Daily Total Return -10.93%
- Beta (5Y Monthly) 1.31
- Expense Ratio (net) 0.72%
The fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in instruments in its underlying index or in instruments that have economic characteristics similar to those in the underlying index. The index is designed to track the equity market performance of companies engaged in the production of electric vehicles or their components or in other initiatives that may change the future of mobility, as determined by index provider.
KraneShares
Fund Family
Industrials
Fund Category
98.52M
Net Assets
2018-01-18
Inception Date
Performance Overview: KARS
Trailing returns as of 5/6/2024. Category is Industrials.
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Holdings: KARS
Top 10 Holdings (38.18% of Total Assets)
Sector Weightings
Related ETF News
Research Reports: KARS
Analyst Report: Albemarle Corporation
Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the US and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the US, Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.
RatingPrice TargetAnalyst Report: Lithium Americas Corp.
Lithium Americas is a pure-play lithium producer. The firm owns one resource, Thacker Pass, that is located in northwest Nevada. Thacker Pass recently began construction and is expected to begin production in the mid to late 2020s. Thacker Pass is one of the largest known lithium resources in the world. The project would be the first clay-based asset to enter production, and we estimate it will be in bottom half of the global cost curve. Management plans to develop Thacker Pass into a fully integrated lithium production site, with downstream refining capabilities on site, and will sell into the lithium chemical market.
RatingPrice TargetAnalyst Report: Sociedad Química y Minera de Chile S.A.
Sociedad Quimica y Minera de Chile is a Chilean commodities producer with significant operations in lithium (primarily used in batteries for electric vehicles and energy storage systems), specialty and standard potassium fertilizers, iodine (primarily used in X-ray contrast media), and solar salts. The company extracts these materials through its high-quality salt brine deposits and caliche ore. SQM is also developing a hard rock lithium project in Australia and is growing its lithium refining assets in China.
RatingPrice TargetAnalyst Report: Sociedad Química y Minera de Chile S.A.
Sociedad Quimica y Minera de Chile is a Chilean commodities producer with significant operations in lithium (primarily used in batteries for electric vehicles and energy storage systems), specialty and standard potassium fertilizers, iodine (primarily used in X-ray contrast media), and solar salts. The company extracts these materials through its high-quality salt brine deposits and caliche ore. SQM is also developing a hard rock lithium project in Australia and is growing its lithium refining assets in China.
RatingPrice Target