CARS vs. PFAE ETF Comparison
Comparison of Evolve Automobile Innovation Idx Hgd ETF (CARS) to Picton Mahoney Fort Act Ext Alt Fund ETF (PFAE)
CARS
Evolve Automobile Innovation Idx Hgd ETF
CARS Description
CARS seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Future Cars Index Canadian Dollar Hedged, or any successor thereto. CARS invests primarily in equity securities of companies that are directly or indirectly involved in developing electric drivetrains, autonomous driving or network connected services for automobiles.
Grade (RS Rating)
Last Trade
$19.12
Average Daily Volume
2,254
Number of Holdings
*
1
* may have additional holdings in another (foreign) market
PFAE
Picton Mahoney Fort Act Ext Alt Fund ETF
PFAE Description
The investment objective of the Picton Mahoney Fortified Extension Alternative Fund (the “Fund”) is to provide long-term capital appreciation and to provide unitholders with an attractive risk-adjusted rate of return with similar volatility to the traditional equity market by taking long and short investment positions in an actively-managed portfolio comprised primarily of Canadian equity securities.Grade (RS Rating)
Last Trade
$17.42
Average Daily Volume
1,305
Number of Holdings
*
5
* may have additional holdings in another (foreign) market
Performance
| Period | CARS | PFAE |
|---|---|---|
| 30 Days | -5.53% | -1.75% |
| 60 Days | -10.39% | 2.29% |
| 90 Days | -8.68% | 4.94% |
| 12 Months | -20.97% | 12.53% |
0 Overlapping Holdings
| Symbol | Grade | Weight in CARS | Weight in PFAE | Overlap |
|---|
CARS Overweight 1 Positions Relative to PFAE
| Symbol | Grade | Weight | |
|---|---|---|---|
| BLDP | F | 3.7% |
CARS: Top Represented Industries & Keywords
Industries:
Diversified Industrials
PFAE: Top Represented Industries & Keywords
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