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

Underlying Index
Solactive Future Cars Index
Inception Return
(11/1/2017)
3.90 % Day High/Low
$26.02 / $26.02
YTD Return 2.00 % 52Week High/Low
$38.62 / $24.28
    
NAVPS
(9/18/2026)
$26.29
Change $0.34 / 1.30 %
Open / Close
(9/18/2026)
$26.02 / $26.24
Management Fee 0.40 %
Traded Volume 1,000
Assets ($mil) $.81
Rank (1Yr) -
Std Dev (3Yr) 32.77 %
Beta (3Yr) 1.63
Volatility Ranking (3Yr) 10/10
RRSP Eligibility Yes
Open to Invest Open
Annual Dividend $0.04
Annual Yield 0.16 %
 
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 August 31, 2026)
Sector Allocation
(As of August 31, 2026)
Geographic Allocation
(As of August 31, 2026)
Top 10 Holdings
NameAssetSectorGeographicPercent
Gentherm IncUS EquityConsumer GoodsUnited States2.22%
NVIDIA CorpUS EquityTechnologyUnited States2.16%
Renault SAInternational EquityConsumer GoodsEuropean Union2.07%
Himax Technologies Inc - ADRInternational EquityTechnologyAsia/Pacific Rim1.95%
Skyworks Solutions IncUS EquityTechnologyUnited States1.94%
Li Auto Inc - ADRInternational EquityConsumer GoodsAsia/Pacific Rim1.93%
Volkswagen AG - PfdInternational EquityConsumer GoodsEuropean Union1.90%
Byd Co Ltd Cl HInternational EquityConsumer GoodsAsia/Pacific Rim1.88%
Visteon CorpUS EquityConsumer GoodsUnited States1.87%
Porsche Automobil Holding SE - PfdInternational EquityConsumer GoodsEuropean Union1.86%

Performance Data (As of August 31, 2026)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -1.96 -28.53 -1.02 2.00 9.43 1.03 -10.76 -   
Benchmark 4.31 4.36 5.07 14.66 28.74 23.75 13.12 12.17
Quartile Ranking - - - - - - - -

Calendar Return (%) 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Fund 31.79 -12.92 -5.35 -49.24 4.77 104.56 51.48 -20.17 -      -     
Benchmark 38.25 11.82 14.44 -11.86 25.62 7.72 29.06 -16.21 16.79 24.77
Quartile Ranking - - - - - - - - - -

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