What is a EV ETF & how does it work?

This index comprises companies from developed and emerging markets that stand to benefit from advancements in electric vehicles, battery technologies, and autonomous driving technologies. The ETF was established on April 16, 2019.

What is an electric vehicle ETF?

Essentially, an electric vehicle ETF holds a basket of publicly traded stocks in the industry. These companies can either directly manufacture electric vehicles, automotive parts or provide services that support the evolution of electric cars.

Which ETF invests in EVs & AVS?

The ETF also invests in a mix of companies that make semiconductors, components, batteries, and software for EVs and AVs. The fund's expense ratio is 0.68%. It aims to mimic the performance, before fees and expenses, of the Solactive Autonomous & Electric Vehicles Index. 2. KraneShares Electric Vehicles & Future Mobility ETF