Average Daily Volume
2078
Fund Overview
CARU is an ETF that focuses on providing exposure to companies involved in the autonomous and electric vehicle industry. This includes manufacturers of electric vehicles (EVs), autonomous driving technology providers, and companies supplying critical components like batteries and sensors. The fund aims to capture the growth potential of the rapidly evolving transportation sector as it shifts toward sustainability and automation. CARU offers investors a way to participate in the innovation and adoption of next-generation vehicles without having to pick individual stocks.
- Asset Class
-
Equity
- Industry
-
Automotive
- Annual Dividend Rate
-
- Smart Beta
-
No
- Leveraged / Inverse
-
N/A / No
- Dividend Quality - Yield
-
- N/A
- Currency Hedged
-
No
- Portfolio Turnover
-
N/A
- Dividend Date
-
Our Sector Rotation Algorithm Makes the Difference
SectorSurfer pairs the power of a true sector rotation algorithm to own momentum leaders in Bull Markets with a defensive algorithm that invokes a Bear Market strategy to protect and grow your assets during downturns.
Boost returns by holding only momentum leaders
Choose from hundreds of ready-to-use strategies
Create custom strategies that fit your needs
Automatic trade signals with email alerts
Why Invest in the CARU ETF?
Potential Benefits
- Provides targeted exposure to the fast-growing autonomous and electric vehicle sector.
- Diversifies risk by investing in a basket of companies across the EV and autonomous driving ecosystem.
- Offers a convenient way to invest in a thematic trend without selecting individual stocks.
- Potential for long-term growth as global adoption of EVs and autonomous technology accelerates.
- May benefit from government policies and incentives supporting clean energy and transportation innovation.
Potential Risks
- Sector concentration risk—performance heavily tied to the EV and autonomous driving industry.
- Regulatory changes or reduced government incentives could impact growth prospects.
- Technological advancements by competitors may disrupt existing players in the fund.
- High valuation multiples in the EV sector could lead to volatility.
- Supply chain disruptions (e.g., semiconductor shortages) may affect production and profitability.
Histogram
MACD
Signal
Base Line
RSI data unavailable or insufficient history.
RSI (14)
Overbought (70)
Oversold (30)
Monthly Returns (%)
| Year |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
| 2025 |
+5.7%
|
-20.1%
|
-11.8%
|
-2.2%
|
+32.1%
|
-3.5%
|
+3.4%
|
-0.2%
|
-
|
-
|
-
|
-
|
| 2024 |
-26.5%
|
+21.7%
|
+9.8%
|
-23.4%
|
+5.4%
|
+14.8%
|
+17.1%
|
-0.7%
|
-8.4%
|
-4.1%
|
+37.2%
|
-3.2%
|
| 2023 |
-
|
-
|
-
|
-
|
-
|
-
|
+20.3%
|
-13.8%
|
-9.8%
|
-49.0%
|
+16.9%
|
+45.8%
|
< -5%
-5% to -2%
-2% to 0%
0%
0% to +2%
+2% to +5%
> +5%
Top Holdings (by weight)
| Symbol |
Company Name |
Weight |
No holdings data available.
Related ETFs: CARU vs Peers
Comparison highlights key differences on cost, coverage, and focus within sector ETFs.
Investment Strategy
CARU tracks a custom index composed of companies engaged in the autonomous and electric vehicle industry. The index is typically market-cap-weighted, with adjustments for liquidity and relevance to the theme. The fund primarily holds equities of companies involved in EV production, autonomous driving technology, and related supply chains. It may also include companies developing charging infrastructure or battery recycling solutions. The fund is rebalanced periodically to ensure it remains aligned with its investment objective.
Frequently Asked Questions
What types of companies are included in CARU?
CARU invests in EV manufacturers, autonomous driving technology firms, and companies supplying critical components like batteries, sensors, and software.
Does CARU include international companies?
Yes, CARU may hold companies from global markets, including the U.S., Europe, and Asia, depending on their relevance to the autonomous and EV theme.
How often is CARU rebalanced?
The fund typically rebalances quarterly to ensure it remains aligned with its investment objective and index methodology.
Industry Overview
The autonomous and electric vehicle industry is transforming global transportation, driven by advancements in battery technology, AI-driven autonomous systems, and increasing environmental regulations. CARU provides investors exposure to this dynamic sector, which includes EV manufacturers, autonomous software developers, and key component suppliers. The shift toward electrification and automation is expected to accelerate, supported by government policies, declining battery costs, and consumer demand for sustainable mobility solutions.
Alternative Comparison
Compared to peers like DRIV and IDRV, CARU may have a more concentrated focus on pure-play EV and autonomous driving companies, whereas some competitors include broader mobility or tech-related firms. CARU's expense ratio is competitive within the thematic EV ETF space. Unlike some funds that may use derivatives or synthetic replication, CARU generally holds physical stocks for direct exposure to the underlying companies.
Issuer Overview
CARU is issued by a reputable asset management firm with expertise in thematic and sector-specific ETFs. The issuer has a track record of launching innovative investment products that align with emerging global trends, including clean energy and disruptive technologies.
Conclusion
CARU offers investors targeted exposure to the high-growth autonomous and electric vehicle sector, which is poised for long-term expansion. While the fund carries sector-specific risks, it provides a diversified way to invest in the future of transportation. Investors should consider their risk tolerance and long-term outlook before allocating to this thematic ETF.
Boost Your Returns with SectorSurfer
Award-winning investment strategy automation