CARS
Evolve Automobile Innovation Index ETF

Full CARS fund page
VS
XIT
iShares S&P/TSX Capped Information Technology Index ETF

Full XIT fund page

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 Consumer Discretionary, Information Technology, 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 18.69% year-to-date with -$2 M in net flows, whereas XIT is at 9.36% with +$80 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

0510152025%Mar 27Apr 6Apr 13Apr 20Apr 27

Key Data

Historical performance and flows

As of April 27, 2026
1M3MYTD1Y3Y
Perf.
CARS
+23.00%+10.04%+18.69%+71.74%+24.94%
XIT
+16.46%-0.63%-9.36%+10.32%+72.90%
Flows
CARS
-$1 M-$1 M-$2 M-$8 M-$25 M
XIT
-$7 M+$12 M+$80 M+$33 M-$89 M

CARS vs XIT exposure

Countries

CARS
USA
53.91%
China
15.47%
Other
14.50%
Other
16.12%
XIT
Canada
99.91%

Sectors

CARS
Other
37.64%
Consumer Discretionary
23.43%
Information Technology
22.16%
Industrials
16.76%
XIT
Information Technology
73.83%
Other
25.73%
As of April 27, 2026

Top 10 Holdings

CARS
US03214Q1085
3.07%
GS YUASA
2.61%
CERES POWER HOLDINGS
2.54%
US62914V1061
2.53%
DIODES
2.49%
CNE100006WS8
2.33%
US50202M1027
2.31%
ENERSYS
2.27%
ANALOG DEVICES
2.23%
CNE1000069Z2
2.21%
XIT
CA15101Q2071
25.64%
SHOPIFY SUBORDINATE VOTING
23.90%
CONSTELLTION STW
23.04%
CGI INC
11.02%
DESCARTES SYSTEMS GROUP
4.87%
OPEN TEXT
4.42%
KINAXIS
2.21%
BLACKBERRY LTD
1.39%
LIGHTSPEED COMMERCE INC
0.89%
BITFARMS
0.80%

Diversification

CARS
Total weight of top 10 holdings out of 46 total
24.59%
XIT
Total weight of top 10 holdings out of 19 total
98.18%

Characteristics

Compare
CARS
XIT
ProviderEvolve ETFsiShares
ManagementPassively managedPassively managed
BenchmarkSolactive Future Cars Index Canadian Dollar Hedged - CADS&P/TSX Capped Information Technology Index - CAD
Replication MethodDirect (Physical)Direct (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield0.69%0.00%
Meets ESG criteriaYesNo
Inception DateSeptember 29, 2017March 19, 2001

Frequently asked questions about CARS and XIT

Which ETF has performed better year to date: CARS or XIT?
As of April 27, 2026, CARS has returned 18.69% year to date, while XIT has returned -9.36%. CARS is ahead on YTD performance.
Which ETF is larger by assets under management: CARS or XIT?
As of April 27, 2026, CARS manages $16.82 M in assets, while XIT manages $736.09 M. XIT is the larger fund by AUM.
How are CARS and XIT managed?
CARS is passively managed by Evolve ETFs. It tracks the Solactive Future Cars Index Canadian Dollar Hedged - CAD benchmark. XIT is passively managed by iShares. It tracks the S&P/TSX Capped Information Technology Index - CAD benchmark.
What sectors do CARS and XIT emphasize?
CARS is most exposed to Consumer Discretionary, Information Technology, and Industrials. XIT is most exposed to Information Technology, Industrials, and Energy.
Which ETF is attracting more investor flows: CARS or XIT?
Year to date, CARS has seen -$2.05 M in net flows, compared with +$80.22 M for XIT. XIT has attracted more net investor money so far.
How do the fees of CARS and XIT compare?
CARS has an expense ratio of 0.58%, while XIT has an expense ratio of 0.60%.
What are the top holdings of CARS and XIT?
CARS's largest holdings include GS YUASA and CERES POWER HOLDINGS. XIT's top holdings include SHOPIFY SUBORDINATE VOTING and CONSTELLTION STW.
Which ETF is more diversified: CARS or XIT?
CARS holds 36 securities, while XIT holds 19. On holdings count, CARS is the more diversified portfolio.

Recent articles about CARS and XIT

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