Evolve Automobile Innovation Index Fund Hdg (CARS)
As of January 31, 2026
(Sector Equity)

Underlying Index
Solactive Future Cars Index
Inception Return
(9/27/2017)
4.39 % Day High/Low
$26.22 / $26.09
YTD Return 4.09 % 52Week High/Low
$31.90 / $15.13
    
NAVPS
(3/4/2026)
$26.08
Change $0.30 / 1.18 %
Open / Close
(3/4/2026)
$26.22 / $26.17
Management Fee 0.40 %
Traded Volume 300
Assets ($mil) -
Rank (1Yr) -
Std Dev (3Yr) 37.22 %
Beta (3Yr) 1.63
Volatility Ranking (3Yr) 10/10
RRSP Eligibility Yes
Open to Invest Open
Annual Dividend $0.25
Annual Yield 0.94 %
 
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 January 31, 2026)
Sector Allocation
(As of January 31, 2026)
Geographic Allocation
(As of January 31, 2026)
Top 10 Holdings
NameAssetSectorGeographicPercent
Fluence Energy Inc Cl AUS EquityTechnologyUnited States2.30%
Amprius Technologies IncUS EquityIndustrial GoodsUnited States2.27%
Ceres Power Holdings PLCInternational EquityEnergyEuropean Union2.25%
EnerSysUS EquityIndustrial GoodsUnited States2.15%
Texas Instruments IncUS EquityTechnologyUnited States2.13%
Advanced Micro Devices IncUS EquityTechnologyUnited States2.08%
Sanken Electric Co LtdInternational EquityTechnologyJapan2.04%
Monolithic Power Systems IncUS EquityTechnologyUnited States2.04%
Cirrus Logic IncUS EquityTechnologyUnited States2.01%
Diodes IncUS EquityTechnologyUnited States2.00%

Performance Data (As of January 31, 2026)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 4.09 -9.80 20.86 4.09 33.26 -3.30 -12.16 -   
Benchmark 0.84 6.12 18.53 0.84 28.32 18.89 16.36 12.88
Quartile Ranking - - - - - - - -

Calendar Return (%) 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Fund 27.43 -12.29 -6.86 -48.72 5.53 93.28 51.93 -19.61 -      -     
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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