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Evolve Automobile Innovation Index Fund - Hedged Units (CARS.TO)

ETF · Currency in CAD · Last updated Aug 11, 2022

ETF Info

ISINCA30052J1021
CUSIP30052J102

CARS.TOShare Price Chart


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CARS.TOPerformance

The chart shows the growth of CA$10,000 invested in Evolve Automobile Innovation Index Fund - Hedged Units in Oct 2017 and compares it to the S&P 500 index or another benchmark. It would be worth nearly CA$19,300 for a total return of roughly 93.00%. All prices are adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%MarchAprilMayJuneJulyAugust
-7.99%
-6.81%
CARS.TO (Evolve Automobile Innovation Index Fund - Hedged Units)
Benchmark (^GSPC)

CARS.TOReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M14.18%8.28%
6M-9.60%-9.28%
YTD-25.01%-14.48%
1Y-25.73%-8.58%
5Y14.69%7.22%
10Y14.69%7.22%

CARS.TOMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-16.36%1.32%-1.47%-16.23%1.32%-14.49%14.94%7.65%
202110.35%-0.20%-2.15%-7.45%-0.78%9.77%-5.74%-0.32%-3.67%12.52%3.78%-9.21%
2020-2.69%-6.44%-19.60%21.11%9.22%10.65%5.53%13.90%0.57%0.03%37.08%11.34%
201911.73%3.38%-3.52%13.88%-14.15%7.89%5.66%-6.33%5.20%5.44%10.00%7.28%
20182.43%-0.51%-4.34%-2.68%6.84%-3.62%1.81%3.61%-3.84%-11.28%2.02%-11.21%
20177.22%-2.41%-1.57%

CARS.TOSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Evolve Automobile Innovation Index Fund - Hedged Units Sharpe ratio is -0.59. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.00MarchAprilMayJuneJulyAugust
-0.59
-0.42
CARS.TO (Evolve Automobile Innovation Index Fund - Hedged Units)
Benchmark (^GSPC)

CARS.TODividend History

Evolve Automobile Innovation Index Fund - Hedged Units granted a 0.58% dividend yield in the last twelve months. The annual payout for that period amounted to CA$0.22 per share.


PeriodTTM20212020201920182017
DividendCA$0.22CA$0.22CA$0.13CA$0.13CA$0.30CA$0.09

Dividend yield

0.58%0.44%0.27%0.54%1.83%0.47%

CARS.TODrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%SeptemberOctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugust
-38.12%
-14.96%
CARS.TO (Evolve Automobile Innovation Index Fund - Hedged Units)
Benchmark (^GSPC)

CARS.TOWorst Drawdowns

The table below shows the maximum drawdowns of the Evolve Automobile Innovation Index Fund - Hedged Units. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Evolve Automobile Innovation Index Fund - Hedged Units is 52.19%, recorded on Jul 4, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-52.19%Feb 17, 2021346Jul 4, 2022
-47.58%Feb 20, 202020Mar 18, 202075Jul 6, 202095
-27.87%Jun 18, 2018132Dec 24, 2018215Nov 4, 2019347
-11.08%Nov 22, 201796Apr 24, 201837Jun 15, 2018133
-8.8%Jul 16, 202012Jul 31, 20207Aug 12, 202019
-8.22%Oct 15, 202010Oct 28, 20206Nov 5, 202016
-8.15%Sep 3, 202015Sep 24, 20205Oct 1, 202020
-7.97%Jan 22, 20208Jan 31, 20207Feb 11, 202015
-6.71%Jan 14, 202112Jan 29, 20213Feb 3, 202115
-4.58%Dec 9, 20204Dec 14, 20203Dec 17, 20207

CARS.TOVolatility Chart

Current Evolve Automobile Innovation Index Fund - Hedged Units volatility is 42.74%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%20.00%30.00%40.00%50.00%60.00%70.00%80.00%MarchAprilMayJuneJulyAugust
42.74%
16.26%
CARS.TO (Evolve Automobile Innovation Index Fund - Hedged Units)
Benchmark (^GSPC)