Evolve Automobile Innovation Idx Fund Unh (CARS.B)
As of July 31, 2026
(Sector Equity)

Underlying Index
Solactive Future Cars Index
Inception Return
(9/27/2017)
6.49 % Day High/Low
- / -
YTD Return 6.26 % 52Week High/Low
$46.42 / $27.01
    
NAVPS
(8/11/2026)
$34.15
Change $0.18 / 0.52 %
Open / Close
(8/11/2026)
- / $34.17
Management Fee 0.40 %
Traded Volume 0
Assets ($mil) $2.46
Rank (1Yr) -
Std Dev (3Yr) 32.31 %
Beta (3Yr) 1.56
Volatility Ranking (3Yr) 10/10
RRSP Eligibility Yes
Open to Invest Open
Annual Dividend $0.27
Annual Yield 0.79 %
 
Objective
The Fund seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Future Cars Index by investing in equity securities of companies that are involved in developing electric drivetrains, autonomous driving or network connected services for automobiles.
Fund Manager

Evolve Funds Group Inc.

Portfolio Manager

Evolve Funds Group Inc.

Sub-Advisor
-
 
Asset Allocation
(As of July 31, 2026)
Sector Allocation
(As of July 31, 2026)
Geographic Allocation
(As of July 31, 2026)
Top 10 Holdings
NameAssetSectorGeographicPercent
Gentherm IncUS EquityConsumer GoodsUnited States2.26%
Li Auto Inc - ADRInternational EquityConsumer GoodsAsia/Pacific Rim2.14%
Ambarella IncUS EquityTechnologyUnited States2.03%
Monolithic Power Systems IncUS EquityTechnologyUnited States2.02%
Lucid Group IncUS EquityFinancial ServicesUnited States1.97%
Cash and Cash EquivalentsCash and EquivalentsCash and Cash EquivalentCanada1.94%
NVIDIA CorpUS EquityTechnologyUnited States1.94%
Byd Co Ltd Cl HInternational EquityConsumer GoodsAsia/Pacific Rim1.91%
NIO Inc - ADR Cl AInternational EquityConsumer GoodsAsia/Pacific Rim1.91%
Xpeng Inc - ADRInternational EquityConsumer GoodsAsia/Pacific Rim1.90%

Performance Data (As of July 31, 2026)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -18.99 -13.87 2.67 6.26 23.25 -1.34 -8.33 -   
Benchmark 1.22 4.29 11.58 12.52 32.26 22.93 14.95 12.50
Quartile Ranking - - - - - - - -

Calendar Return (%) 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Fund 25.82 -5.53 -7.37 -45.68 4.12 100.57 44.09 -13.30 -      -     
Benchmark 31.68 21.65 11.75 -5.84 25.09 5.60 22.88 -8.89 9.10 21.08
Quartile Ranking - - - - - - - - - -

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