KraneShares Electric Vehicles & Future Mobility Index ETF (KARS)
KraneShares Electric Vehicles & Future Mobility Index ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $31.14, up 1.11% on the session, giving a market capitalisation of $63.5M. Its beta of 1.31 implies it has historically moved more than the broad market.
The fund dedicates a minimum of 80% of its net assets (including any borrowed funds used for investment) to either the securities within its underlying benchmark index or to other financial instruments that share similar economic characteristics. This benchmark is specifically designed to track the equity market performance of companies involved in manufacturing electric vehicles, producing their components, or advancing other initiatives poised to reshape future mobility, as defined by its index provider.
KraneShares Electric Vehicles & Future Mobility Index ETF is most often compared with the following Financial Services names: