Evolve Automobile Innovation Index Fund Hdg (CARS)
As of December 31, 2025
(Sector Equity)

Underlying Index
Solactive Future Cars Index
Inception Return
(9/27/2017)
3.93 % Day High/Low
$26.84 / $26.84
YTD Return 27.43 % 52Week High/Low
$31.90 / $15.13
    
NAVPS
(2/2/2026)
$26.72
Change $-0.15 / -0.56 %
Open / Close
(2/2/2026)
$26.84 / $26.75
Management Fee 0.40 %
Traded Volume 266
Assets ($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 $0.24
Annual Yield 0.90 %
 
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 December 31, 2025)
Sector Allocation
(As of December 31, 2025)
Geographic Allocation
(As of December 31, 2025)
Top 10 Holdings
NameAssetSectorGeographicPercent
Fluence Energy Inc Cl AUS EquityTechnologyUnited States3.16%
Rivian Automotive Inc Cl AUS EquityConsumer GoodsUnited States2.96%
Energy Vault Holdings IncUS EquityTechnologyUnited States2.81%
EnerSysUS EquityIndustrial GoodsUnited States2.67%
SiTime CorpUS EquityTechnologyUnited States2.62%
Volkswagen AG - PfdInternational EquityConsumer GoodsEuropean Union2.46%
Porsche Automobil Holding SE - PfdInternational EquityConsumer GoodsEuropean Union2.44%
Analog Devices IncUS EquityTechnologyUnited States2.40%
Monolithic Power Systems IncUS EquityTechnologyUnited States2.34%
Cash and Cash EquivalentsCash and EquivalentsCash and Cash EquivalentCanada2.31%

Performance Data (As of December 31, 2025)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -2.90 -5.23 22.80 27.43 27.43 1.35 -10.84 -   
Benchmark 1.32 6.25 19.53 31.68 31.68 21.42 16.09 12.66
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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