Compare Evolve Automobile Innovation Index ETF (CARS) vs iShares S&P/TSX Capped Information Technology Index ETF (XIT) to find the best fit for your portfolio. CARS provides Technology, Industrials, and Consumer Cyclicals exposures, while XIT is primarily weighted in Technology, Finance, and Consumer Cyclicals. When evaluating costs, CARS features a management fee (MER) of 0.4%, compared to 0.55% for XIT. Performance-wise, CARS has returned 3.59% year-to-date with -$3 M in net flows, whereas XIT is at 4.78% with +$41 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
| AuM | $13.97 M | $728.23 M |
| Management Fees | 0.40% | 0.55% |
| Exp. ratio | 0.58% | 0.60% |
| Tracking Difference | -2.06% | -0.27% |
Historical performance and flows
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CARS | -18.47% | -16.59% | +3.59% | +18.91% | -14.65% |
XIT | +3.37% | +7.49% | -4.78% | -1.07% | +59.94% | |
| Flows | CARS | +$1 M | -$1 M | -$3 M | -$6 M | -$24 M |
XIT | -$27 M | -$32 M | +$41 M | +$107 M | -$146 M |
CARS vs XIT exposure
Countries
Sectors
Top 10 Holdings
Diversification
Characteristics
| Provider | Evolve ETFs | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Future Cars Index Canadian Dollar Hedged - CAD | S&P/TSX Capped Information Technology Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.92% | 0.00% |
| Meets ESG criteria | Yes | No |
| Inception Date | September 29, 2017 | March 19, 2001 |
Frequently asked questions about CARS and XIT
Which ETF has performed better year to date: CARS or XIT?
Which ETF is larger by assets under management: CARS or XIT?
How are CARS and XIT managed?
What sectors do CARS and XIT emphasize?
Which ETF is attracting more investor flows: CARS or XIT?
How do the fees of CARS and XIT compare?
What are the top holdings of CARS and XIT?
Which ETF is more diversified: CARS or XIT?
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