Evolve Automobile Innovation Index Fund - Hedged Units (CARS.TO)
ETF Info
CA30052J1021
30052J102
1x
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Performance
Performance Chart
The chart shows the growth of an initial investment of CA$10,000 in Evolve Automobile Innovation Index Fund - Hedged Units, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Evolve Automobile Innovation Index Fund - Hedged Units had a return of 2.41% year-to-date (YTD) and 2.48% in the last 12 months.
CARS.TO
2.41%
-0.19%
11.61%
2.48%
-4.12%
N/A
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of CARS.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | -2.17% | 2.41% | |||||||||||
| 2024 | -11.10% | 0.14% | -3.22% | -7.34% | 12.69% | -8.60% | 3.50% | -2.88% | 6.04% | -4.49% | 3.34% | 1.47% | -12.22% |
| 2023 | 20.84% | -4.30% | -2.45% | -13.65% | 6.25% | 9.56% | 10.37% | -13.58% | -7.29% | -20.81% | 8.95% | 9.32% | -5.42% |
| 2022 | -16.36% | 1.32% | -1.47% | -16.23% | 1.32% | -14.49% | 15.01% | -2.24% | -16.12% | -4.67% | 7.95% | -14.53% | -49.72% |
| 2021 | 10.37% | -0.18% | -2.15% | -7.45% | -0.78% | 9.77% | -5.74% | -0.32% | -3.67% | 12.52% | 3.78% | -9.21% | 4.27% |
| 2020 | -2.65% | -6.40% | -19.55% | 21.16% | 9.26% | 10.69% | 5.57% | 13.94% | 0.60% | 0.06% | 37.11% | 11.36% | 98.59% |
| 2019 | 11.79% | 3.43% | -3.47% | 13.87% | -14.16% | 7.95% | 5.71% | -6.28% | 5.25% | 5.49% | 10.04% | 7.33% | 53.02% |
| 2018 | 2.48% | -0.46% | -4.30% | -2.64% | 6.89% | -3.58% | 1.86% | 3.66% | -3.80% | -11.24% | 2.08% | -11.21% | -19.95% |
| 2017 | 7.22% | -2.36% | -1.52% | 3.09% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of CARS.TO is 7, meaning it’s performing worse than 93% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Evolve Automobile Innovation Index Fund - Hedged Units (CARS.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Evolve Automobile Innovation Index Fund - Hedged Units provided a 0.47% dividend yield over the last twelve months, with an annual payout of CA$0.10 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | CA$0.10 | CA$0.12 | CA$0.24 | CA$0.24 | CA$0.24 | CA$0.25 | CA$0.23 | CA$0.41 | CA$0.11 |
Dividend yield | 0.47% | 0.58% | 1.01% | 0.95% | 0.48% | 0.51% | 0.92% | 2.46% | 0.54% |
Monthly Dividends
The table displays the monthly dividend distributions for Evolve Automobile Innovation Index Fund - Hedged Units. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | CA$0.00 | CA$0.00 | CA$0.00 | ||||||||||
| 2024 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.12 |
| 2023 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.24 |
| 2022 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.24 |
| 2021 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.24 |
| 2020 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.25 |
| 2019 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.01 | CA$0.01 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.23 |
| 2018 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.17 | CA$0.41 |
| 2017 | CA$0.01 | CA$0.02 | CA$0.08 | CA$0.11 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Evolve Automobile Innovation Index Fund - Hedged Units. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Evolve Automobile Innovation Index Fund - Hedged Units was 71.30%, occurring on Aug 7, 2024. The portfolio has not yet recovered.
The current Evolve Automobile Innovation Index Fund - Hedged Units drawdown is 64.72%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -71.3% | Feb 17, 2021 | 872 | Aug 7, 2024 | — | — | — |
| -47.56% | Feb 20, 2020 | 20 | Mar 18, 2020 | 75 | Jul 6, 2020 | 95 |
| -27.65% | Jun 18, 2018 | 132 | Dec 24, 2018 | 216 | Nov 4, 2019 | 348 |
| -10.83% | Nov 22, 2017 | 97 | Apr 24, 2018 | 34 | Jun 12, 2018 | 131 |
| -8.77% | Jul 16, 2020 | 12 | Jul 31, 2020 | 7 | Aug 12, 2020 | 19 |
Volatility
Volatility Chart
The current Evolve Automobile Innovation Index Fund - Hedged Units volatility is 8.92%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.