TSX · CAD · ETF

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

CARS.TO

Expense ratio 0.4% Yield 1.1% Since November 1, 2017 Family Evolve Funds Group Inc

Last Updated: October 21, 2026

CA$22.52

+CA$0.12 (+0.54%)

October 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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CARS.TO Annualized Returns

With dividends reinvested · as of October 21, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	−23.88%	−23.88%	CA$76.12	CA$228.37
3 years	+8.74%	+2.83%	CA$108.74	CA$326.23
5 years	−53.64%	−14.25%	CA$46.36	CA$139.07
Since January 9, 2018	+11.96%	+1.30%	CA$111.96	CA$335.89

Returns are total returns computed from daily closes, with dividends reinvested. As of October 21, 2026.

CARS.TO Return by Calendar Year

2026 is a partial year

+97.73%−49.72%−12.14%

201820192020202120222023202420252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	−12.14%
2025	+25.84%
2024	−11.53%
2023	−5.42%
2022	−49.72%
2021	+4.27%
2020	+97.73%
2019	+52.28%
2018	−23.33%

CARS.TO Monthly Returns

−21%+38%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	+5.0	−3.0	−3.6	+25.7	+15.5	−10.7	−18.8	−1.1	−2.4	−12.0	—	—
2025	−2.1	−2.1	−9.0	−3.1	+14.4	+6.2	+5.6	+8.2	+12.6	+9.4	−10.5	−2.6
2024	−11.1	+0.1	−3.2	−7.3	+12.7	−8.6	+3.6	−2.8	+6.1	−4.4	+3.4	+1.8
2023	+20.8	−4.3	−2.5	−13.6	+6.2	+9.6	+10.4	−13.6	−7.3	−20.8	+9.0	+9.3
2022	−16.4	+1.3	−1.5	−16.2	+1.3	−14.5	+15.0	−2.2	−16.1	−4.7	+8.0	−14.5
2021	+10.3	−0.2	−2.1	−7.5	−0.7	+9.8	−5.7	−0.3	−3.7	+12.5	+3.8	−9.2
2020	−2.7	−6.4	−19.6	+21.1	+9.2	+10.7	+5.5	+13.9	+0.6	+0.0	+37.1	+11.3
2019	+11.7	+3.4	−3.5	+13.9	−14.2	+7.9	+5.7	−6.3	+5.2	+5.4	+10.0	+7.3
2018	—	−0.5	−4.3	−2.7	+6.8	−3.6	+1.8	+3.6	−3.8	−11.3	+2.0	−11.2

Monthly total returns with dividends reinvested; each cell prints its signed value.

CARS.TO Volatility & Risk

Volatility: 8 yrs · Beta: 3 yrs

Annualized volatility: 35.75%
Beta (3y): 2.14
Best year: +97.73%
Worst year: −49.72%

Volatility is the annualized standard deviation of daily returns. As of October 21, 2026.

Top Holdings

#	Symbol	Name	Weight
1	SWKS	Skyworks Solutions Inc	2.59%
2	AMD	Advanced Micro Devices Inc	2.23%
3	NVDA	NVIDIA Corp	2.22%
4	SITM	SiTime Corp Ordinary Shares	2.07%
5	HIMX	Himax Technologies Inc ADR	2.02%
6	ADI	Analog Devices Inc	1.98%
7	485A.T	PowerX Inc	1.97%
8	MPWR	Monolithic Power Systems Inc	1.97%
9	BE	Bloom Energy Corp Class A	1.91%
10	DIOD	Diodes Inc	1.9%

Analysis

Data-derived

Fund Overview

Evolve Automobile Innovation Index Fund - Hedged Units (CARS.TO) is an exchange-traded fund. Annual costs run at an expense ratio of 0.4%. On a CA$10,000 position that is CA$40.00 a year. Evolve Funds Group Inc is the fund family on file. The inception date on file is November 1, 2017.

Its biggest positions are Skyworks Solutions Inc (SWKS), Advanced Micro Devices Inc (AMD), and NVIDIA Corp (NVDA). Skyworks Solutions Inc alone accounts for 2.59% of the portfolio. The ten largest positions together make up 20.86% of the fund.

Performance Analysis

CARS.TO last closed at CA$22.52 on October 21, 2026. The trailing one-year total return is −23.88%. Measured over 5 years, that is −14.25% a year compounded. The trailing distribution yield is 1.1%.

So far in 2026 the total return is −12.14%. The strongest complete calendar year on file is 2020 at +97.73%; the weakest is 2022 at −49.72%. Of the 8 complete calendar years on file, 4 finished higher.

Price & Risk Profile

The 52-week range on file runs from CA$22.29 to CA$38.34. The latest close sits 1.03% above that 52-week low. Annualized volatility over the trailing 8 years is 35.75%. Beta against the wider market is reported at 2.14. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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