Investors Bet on Electric Vehicles Despite the S&P 500 Racing Past ‘KARS’

The CARS ETF focuses on the electric vehicle market, which is expected to grow significantly by 2040. It includes sectors like vehicle production, autonomous driving, and battery manufacturing, featuring companies such as Ford, Tesla, and NVIDIA. The fund has $35 million in assets but has underperformed compared to the S&P 500. It has a 70 basis point expense ratio and is rated by Bloomberg Intelligence, with a caution on its tiered weighting system.

What is the primary focus of the CARS ETF?

• Cryptocurrency

• Real estate investment

• Electric vehicle market

• Healthcare sector

Which of the following sectors is NOT included in the CARS ETF?

• Pharmaceuticals

• Lithium production

• Autonomous driving

• Hydrogen fuel cell manufacturing

Which company is a newer entrant in the CARS ETF?

• Ford

• MGM

• Daimler

• Tesla

Which countries are the top markets for EVs according to the CARS ETF?

• UK, France, Italy

• India, Japan, Brazil

• USA, China, Germany

• Canada, Mexico, Australia

What is the expense ratio of the CARS ETF?

• 90 basis points

• 100 basis points

• 50 basis points

• 70 basis points