Kraneshares Electric Vehicles Etf Profile
| KARS Etf | USD 22.05 0.01 0.05% |
Performance7 of 100
| Odds Of DistressLess than 9
|
KraneShares Electric is selling for under 22.05 as of the 30th of November 2024; that is 0.05% down since the beginning of the trading day. The etf's lowest day price was 21.86. KraneShares Electric has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for KraneShares Electric Vehicles are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund will invest at least 80 percent of its net assets in instruments in its underlying index or in instruments that have economic characteristics similar to those in the underlying index. KS Electric is traded on NYSEARCA Exchange in the United States. More on KraneShares Electric Vehicles
Moving together with KraneShares Etf
| 0.7 | XLI | Industrial Select Sector | PairCorr |
| 0.66 | ITA | iShares Aerospace Defense | PairCorr |
| 0.68 | VIS | Vanguard Industrials | PairCorr |
| 0.65 | JETS | US Global Jets | PairCorr |
| 0.63 | FXR | First Trust Industri | PairCorr |
Moving against KraneShares Etf
KraneShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Large Cap ETFs, Industrials, KraneShares (View all Sectors) |
| Issuer | KraneShares |
| Inception Date | 2018-01-18 |
| Benchmark | Bloomberg Electric Vehicles Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 74.08 Million |
| Average Trading Valume | 16,003.3 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | SEI Investments Global Funds Services |
| Advisor | Krane Funds Advisors, LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Mark Schlarbaum |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Jul |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 61.0 |
| Market Maker | GTS |
| Total Expense | 0.72 |
| Management Fee | 0.68 |
| Country Name | USA |
| Returns Y T D | (14.16) |
| Name | KraneShares Electric Vehicles and Future Mobility Index |
| Currency Code | USD |
| Open Figi | BBG00JRVTQX5 |
| In Threey Volatility | 31.2 |
| 1y Volatility | 33.91 |
| 200 Day M A | 21.1499 |
| 50 Day M A | 22.2636 |
| Code | KARS |
| Updated At | 29th of November 2024 |
| Currency Name | US Dollar |
KraneShares Electric Vehicles [KARS] is traded in USA and was established 2018-01-18. The fund is listed under Industrials category and is part of KraneShares family. The entity is thematically classified as Size And Style ETFs. KraneShares Electric now have 214.5 M in assets. , while the total return for the last 3 years was -21.7%.
Check KraneShares Electric Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on KraneShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding KraneShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as KraneShares Electric Vehicles Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
KraneShares Electric Currency Exposure
KraneShares Electric Vehicles holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of KraneShares Electric will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in KraneShares Electric Vehicles.
Top KraneShares Electric Vehicles Etf Constituents
| LI | Li Auto | Stock | Consumer Discretionary | |
| XPEV | Xpeng Inc | Stock | Consumer Discretionary | |
| TXN | Texas Instruments Incorporated | Stock | Information Technology | |
| TSLA | Tesla Inc | Stock | Consumer Discretionary | |
| SWKS | Skyworks Solutions | Stock | Information Technology | |
| SCCO | Southern Copper | Stock | Materials | |
| NXPI | NXP Semiconductors NV | Stock | Information Technology | |
| NVDA | NVIDIA | Stock | Information Technology |
KraneShares Electric Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in KraneShares Electric. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0938 | |||
| Jensen Alpha | 0.2923 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0633 |
KraneShares Electric Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KraneShares Electric Vehicles. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of KraneShares Electric is measured differently than its book value, which is the value of KraneShares that is recorded on the company's balance sheet. Investors also form their own opinion of KraneShares Electric's value that differs from its market value or its book value, called intrinsic value, which is KraneShares Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because KraneShares Electric's market value can be influenced by many factors that don't directly affect KraneShares Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between KraneShares Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if KraneShares Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KraneShares Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.