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 Information Technology, Consumer Discretionary, and Industrials exposures, while XIT is primarily weighted in Information Technology, Industrials, and Energy. When evaluating costs, CARS features a management fee (MER) of 0.4%, compared to 0.55% for XIT. Performance-wise, CARS has returned 30.51% year-to-date with -$3 M in net flows, whereas XIT is at 5.96% with +$68 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 | $17.63 M | $748.86 M |
| Management Fees | 0.40% | 0.55% |
| Exp. ratio | 0.58% | 0.60% |
| Tracking Difference | -2.86% | -0.28% |
Historical performance and flows
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CARS | +0.39% | +27.02% | +30.51% | +63.84% | +18.73% |
XIT | +12.70% | +16.36% | -5.96% | +8.31% | +60.27% | |
| Flows | CARS | -$0 M | -$2 M | -$3 M | -$8 M | -$25 M |
XIT | +$0 M | -$32 M | +$68 M | +$148 M | -$118 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 | 0.71% | 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?
Recent articles about CARS and XIT
Tesla ETFs Plunge as EV Funds Show Resilience Amid Stock Rout
Tesla’s sharp stock decline is hitting TSLA-focused ETFs hard, with year-to-date losses exceeding 40%. Meanwhile, diversified EV and Future Mobility ETFs are proving more resilient, highlighting shifting investor sentiment.
Tech ETFs Plunge Amid Nasdaq-100 and S&P500 Decline
US markets fell sharply this week, with tech ETFs leading the decline. The S&P500 and Nasdaq 100 suffered heavy losses as semiconductor stocks came under acute pressure, dragging the tech sector down.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.