Innovation Shares NextGen Vehicles & Technology ETF
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- Description
- Performance
- Comps
Fundamentals
Valuation
Rating
The Innovation Shares NextGen Vehicles & Technology ETF tracks an index that uses artificial intelligence to select global stocks involved in the investment, development, or use of next generation vehicles. |
Category | Global Equities |
Fund Sponsor | Exchange Traded Concepts |
Website | www.innovationshares.com |
Inception date | Feb 09, 2018 |
Assets (mns) | $9 |
Currency | USD |
Expense ratio | 95 bp |
Distributions | Annually |
Regulation | Open-Ended Fund |
Custodian | |
Weighting | Tiered |
Index replication | |
Uses derivatives | No |
Options available | No |
No. of constituents | 61 |
Wgt avg mkt cap (mns) | $134,714 |
Large cap (>$10bn) | 90.5% |
Mid cap ($2-10bn) | 9.1% |
Small cap (<$2bn) | 0.0% |
Developed mkts | 79.0% |
Emerging mkts | 21.0% |
TESLA MOTORS INC | 6.7 % |
BAIDU INC - SPON ADR | 4.4 % |
ALPHABET INC. CLASS A | 3.4 % |
DAIMLER AG-REGISTERED SHARES | 3.3 % |
NVIDIA CORP | 3.1 % |
BYD CO LTD-H | 3.1 % |
SIEMENS AG-REG | 3.0 % |
TOYOTA MOTOR CORP | 3.0 % |
DENSO CORP | 2.9 % |
HONDA MOTOR CO LTD | 2.7 % | Total | 35.6 % |
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UNITED STATES | 25.5 % |
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JAPAN | 20.3 % |
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CHINA | 14.2 % |
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GERMANY | 11.1 % |
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SOUTH KOREA | 8.2 % |
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CANADA | 4.3 % |
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SWITZERLAND | 3.9 % |
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NETHERLANDS | 3.2 % |
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FRANCE | 2.8 % |
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HONG KONG | 2.0 % |
HISTORICAL PERFORMANCE 

Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
63.1% | 63.1% | -- | -- | 14.8% |
versus... | Beta | R-squared |
S&P500 | 1.31 | 80% |
MSCI EAFE | 1.34 | 84% |
MSCI Emg. Mkts. | 1.15 | 77% |
Recent close | $40.81 |
30d moving avg. | $37.27 |
Annualized volatility | 27.6% |
Short interest (ETF) | 1.1% |
Relative strength (RSI) | 75 |
Avg. volume (thou.) | 5 |
Turnover | 2.2% |
Bid/Ask (% of price) | 0.17% |
ADV underlying (mns) | $63,475 |
FINDING ALTERNATIVE FUNDS
Below is a list of 98 potential alternatives to the Innovation Shares NextGen Vehicles & Technology ETF ETF based on the alternatives' overlap in portfolio holdings with EKAR. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
Benchmark ticker: | EKAR | Expense: | 95 bp | ALTAR Score™: | 4.9% |
Ticker | Fund Name |
Overlap1 vs EKAR (%) |
Expense ratio (bp) |
Savings vs EKAR (bp) |
ALTAR Score™ (%) |
ALTAR vs EKAR (%) |
IDRV | iShares Self-driving EV & Tech ETF | 44.6 | 47 | 48 | 5.2 | +0.3 |
DRIV | Global X Autonomous & Electric Vehicles ETF | 39.0 | 68 | 27 | 3.9 | -1.0 |
CARZ | First Trust NASDAQ Global Auto Index Fund | 28.1 | 70 | 25 | 9.7 | +4.8 |
MOTO | SmartETFs Smart Transportation & Technology ETF | 26.8 | 68 | 27 | 5.1 | +0.3 |
KARS | KraneShares Electric Vehicles & Future Mobility Index ETF | 24.9 | 70 | 25 | 2.5 | -2.4 |
BATT | Amplify Advanced Battery Metals & Materials ETF | 21.0 | 59 | 36 | 1.9 | -3.0 |
DFAE | Dimensional Emerging Core Equity Market ETF | 19.9 | 35 | 60 | 6.9 | +2.0 |
AIQ | Global X Future Analytics Tech ETF | 17.3 | 68 | 27 | 3.4 | -1.5 |
SMOG | VanEck Vectors Low Carbon Energy ETF | 15.6 | 62 | 33 | 1.9 | -3.0 |
XNTK | SPDR NYSE Technology ETF | 15.5 | 35 | 60 | 2.7 | -2.2 |
QYLD | Global X NASDAQ 100 Covered Call ETF | 15.4 | 60 | 35 | 3.2 | -1.7 |
DFAI | Dimensional International Core Equity Market ETF | 15.4 | 18 | 77 | 6.3 | +1.5 |
HAIL | SPDR S&P Kensho Smart Mobility ETF | 15.3 | 45 | 50 | 4.1 | -0.8 |
RXI | iShares Global Consumer Discretionary ETF | 15.3 | 46 | 49 | 3.7 | -1.2 |
NUSI | Nationwide Risk-Managed Income ETF | 15.1 | 68 | 27 | 3.1 | -1.8 |
QYLG | Global X Nasdaq 100 Covered Call & Growth ETF | 15.1 | 60 | 35 | 3.1 | -1.8 |
QQQM | Invesco NASDAQ 100 ETF | 14.8 | 15 | 80 | 3.5 | -1.4 |
QQQ | Invesco QQQ Trust | 14.8 | 20 | 75 | 3.5 | -1.4 |
LOUP | Innovator Loup Frontier Tech ETF | 14.6 | 70 | 25 | 2.9 | -2.0 |
LIT | Global X Lithium & Battery Tech ETF | 14.5 | 75 | 20 | 1.7 | -3.2 |
VEGN | US Vegan Climate ETF | 14.4 | 60 | 35 | 3.9 | -1.0 |
QTEC | First Trust NASDAQ-100 Technology Sector Index Fund | 14.3 | 57 | 38 | 3.5 | -1.4 |
MTUM | iShares MSCI USA Momentum Factor ETF | 14.2 | 15 | 80 | 2.2 | -2.7 |
SFYF | SoFi 50 ETF | 13.7 | 29 | 66 | 0.8 | -4.1 |
BNE | Blue Horizon BNE ETF | 13.6 | 87 | 8 | 0.9 | -4.0 |
ARKQ | Ark Industrial Innovation ETF | 13.5 | 75 | 20 | 0.3 | -4.6 |
XSD | SPDR S&P Semiconductor ETF | 13.2 | 35 | 60 | 3.2 | -1.7 |
NULG | Nuveen ESG Large-Cap Growth ETF | 12.4 | 35 | 60 | 2.9 | -2.0 |
GRID | First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde | 12.3 | 70 | 25 | 3.4 | -1.5 |
SDG | iShares Sustainable MSCI Global Impact ETF | 12.1 | 49 | 46 | 5.6 | +0.7 |
IQM | Franklin Intelligent Machines ETF | 12.0 | 50 | 45 | 1.3 | -3.6 |
USXF | iShares ESG Advanced MSCI USA ETF | 11.9 | 10 | 85 | 4.5 | -0.4 |
HIPR | Direxion High Growth ETF | 11.9 | 40 | 55 | 3.8 | -1.1 |
SOXX | iShares PHLX Semiconductor ETF | 11.6 | 46 | 49 | 4.2 | -0.7 |
SMH | VanEck Vectors Semiconductor ETF | 11.6 | 35 | 60 | 4.0 | -0.9 |
SPUS | SP Funds S&P 500 Sharia Industry Exclusions ETF | 11.5 | 49 | 46 | 3.4 | -1.5 |
QCLN | First Trust Nasdaq Clean Edge Green Energy Index Fund | 11.5 | 60 | 35 | 0.2 | -4.7 |
BLCN | Reality Shares Nasdaq NextGen Economy ETF | 11.5 | 68 | 27 | 4.9 | +0.0 |
AMOM | Qraft AI-Enhanced U.S. Large Cap Momentum ETF | 11.4 | 75 | 20 | 2.9 | -2.0 |
JKE | iShares Morningstar Large-Cap Growth ETF | 11.0 | 25 | 70 | 2.2 | -2.7 |
PWB | Invesco Dynamic Large Cap Growth ETF | 11.0 | 56 | 39 | 2.1 | -2.8 |
GINN | Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF | 10.9 | 50 | 45 | 3.3 | -1.6 |
SUSL | iShares ESG MSCI USA Leaders ETF | 10.9 | 10 | 85 | 4.8 | -0.1 |
USSG | Xtrackers MSCI USA ESG Leaders Equity ETF | 10.9 | 10 | 85 | 4.8 | -0.1 |
DSI | iShares MSCI KLD 400 Social ETF | 10.9 | 25 | 70 | 4.5 | -0.4 |
IYW | iShares U.S. Technology ETF | 10.9 | 43 | 52 | 3.4 | -1.5 |
THNQ | ROBO Global Artificial Intelligence ETF | 10.8 | 68 | 27 | 1.3 | -3.6 |
ONEQ | Fidelity Nasdaq Composite Index Tracking Stock | 10.6 | 21 | 74 | 2.9 | -2.0 |
AIEQ | AI Powered Equity ETF | 10.6 | 87 | 8 | 1.8 | -3.1 |
NXTG | First Trust Indxx NextG ETF | 10.5 | 70 | 25 | 5.0 | +0.1 |
QTUM | Defiance Quantum ETF | 10.5 | 40 | 55 | 4.2 | -0.7 |
TECB | iShares US Tech Breakthrough Multisector ETF | 10.4 | 40 | 55 | 3.4 | -1.5 |
MGK | Vanguard Mega Cap Growth ETF | 10.4 | 7 | 88 | 3.6 | -1.3 |
ECOZ | TrueMark ESG Active Opportunities ETF | 10.2 | 58 | 37 | 3.0 | -1.9 |
LEGR | First Trust Indxx Innovative Transaction & Process ETF | 10.1 | 65 | 30 | 8.1 | +3.2 |
NULC | Nuveen ESG Large-Cap ETF | 10.1 | 20 | 75 | 4.2 | -0.7 |
SPYG | SPDR Portfolio S&P 500 Growth ETF | 10.0 | 4 | 91 | 3.7 | -1.2 |
IVW | iShares S&P 500 Growth ETF | 10.0 | 18 | 77 | 3.5 | -1.4 |
DXGE | WisdomTree Germany Hedged Equity Fund | 9.9 | 48 | 47 | 7.6 | +2.7 |
IWY | iShares Russell Top 200 Growth ETF | 9.8 | 20 | 75 | 3.6 | -1.3 |
SPQQ | Siren Large Cap Blend Index ETF | 9.8 | 20 | 75 | 4.2 | -0.7 |
ARKW | ARK Web x.0 ETF | 9.7 | 79 | 16 | -0.8 | -5.6 |
ARKK | ARK Innovation ETF | 9.6 | 75 | 20 | -1.6 | -6.5 |
XOUT | GraniteShares XOUT U.S. Large Cap ETF | 9.6 | 60 | 35 | 3.6 | -1.3 |
EWG | iShares MSCI Germany ETF | 9.5 | 51 | 44 | 6.4 | +1.5 |
FLGR | Franklin FTSE Germany ETF | 9.5 | 9 | 86 | 7.0 | +2.1 |
IUSG | iShares Core S&P US Growth ETF | 9.4 | 4 | 91 | 3.7 | -1.2 |
IGM | iShares Expanded Tech Sector ETF | 9.3 | 46 | 49 | 3.3 | -1.6 |
DXJ | WisdomTree Japan Hedged Equity Fund | 9.3 | 48 | 47 | 7.4 | +2.6 |
XT | iShares Exponential Technologies ETF | 9.3 | 47 | 48 | 4.4 | -0.5 |
SCHG | Schwab U.S. Large-Cap Growth ETF | 9.3 | 4 | 91 | 3.2 | -1.7 |
DAX | Global X DAX Germany ETF | 9.3 | 21 | 74 | 7.0 | +2.1 |
ZDEU | SPDR Solactive Germany ETF | 9.2 | 14 | 81 | 7.1 | +2.2 |
ZJPN | SPDR Solactive Japan ETF | 9.2 | 14 | 81 | 6.5 | +1.6 |
JHMT | John Hancock Multifactor Technology ETF | 9.2 | 40 | 55 | 3.9 | -1.0 |
DBGR | Xtrackers MSCI Germany Hedged Equity ETF | 9.1 | 45 | 50 | 6.4 | +1.5 |
BBJP | JPMorgan BetaBuilders Japan ETF | 9.1 | 19 | 76 | 6.4 | +1.5 |
EWJ | iShares MSCI Japan ETF | 9.0 | 51 | 44 | 6.1 | +1.2 |
ISDX | Invesco RAFI Strategic Developed ex-US ETF | 9.0 | 23 | 72 | 6.2 | +1.3 |
PSI | Invesco Dynamic Semiconductors ETF | 8.9 | 57 | 38 | 3.6 | -1.3 |
DBJP | Xtrackers MSCI Japan Hedged Equity ETF | 8.9 | 45 | 50 | 6.1 | +1.2 |
RPG | Invesco S&P 500 Pure Growth ETF | 8.9 | 35 | 60 | 2.7 | -2.2 |
CHIQ | Global X MSCI China Consumer ETF | 8.9 | 65 | 30 | 4.6 | -0.3 |
VUG | Vanguard Growth Index Fund | 8.8 | 4 | 91 | 3.5 | -1.4 |
ECON | Columbia Emerging Markets Consumer ETF | 8.8 | 59 | 36 | 4.7 | -0.2 |
HLAL | Wahed FTSE USA Shariah ETF | 8.8 | 50 | 45 | 3.8 | -1.1 |
FIDI | Fidelity International High Dividend ETF | 8.8 | 39 | 56 | 10.1 | +5.3 |
IRBO | iShares Robotics and Artificial Intelligence Multisector ETF | 8.7 | 47 | 48 | 1.3 | -3.6 |
FDMO | Fidelity Momentum Factor ETF | 8.7 | 29 | 66 | 2.4 | -2.5 |
SOCL | Global X Social Media ETF | 8.7 | 65 | 30 | 2.2 | -2.7 |
FLJH | Franklin FTSE Japan Hedged ETF | 8.7 | 9 | 86 | 6.5 | +1.6 |
FLJP | Franklin FTSE Japan ETF | 8.6 | 9 | 86 | 6.5 | +1.6 |
FTXL | First Trust Nasdaq Semiconductor ETF | 8.6 | 60 | 35 | 3.6 | -1.3 |
FTXR | First Trust Nasdaq Transportation ETF | 8.5 | 60 | 35 | 5.8 | +0.9 |
MFEM | PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF | 8.5 | 49 | 46 | 7.5 | +2.7 |
BICK | First Trust BICK Index Fund | 8.5 | 64 | 31 | 3.2 | -1.7 |
GSJY | Goldman Sachs ActiveBeta Japan Equity ETF | 8.5 | 25 | 70 | 6.2 | +1.3 |
IETC | iShares Evolved U.S. Technology ETF | 8.5 | 18 | 77 | 3.4 | -1.5 |
1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.
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RESULTS & ESTIMATES
2015 | 2016 | 2017 | 2018 | 2019 | 2020E | 2021E | |
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Sales per share | ** | ** | ** | ** | ** | ** | ** |
Earnings per share | ** | ** | ** | ** | ** | ** | ** |
Dividends per share ![]() |
** | ** | ** | ** | ** | ** | ** |
Book value per share | ** | ** | ** | ** | ** | ** | ** |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
OTHER FUNDAMENTAL METRICS
Long term EPS growth est. | **% | Debt-to-equity | **x | |
Asset turnover | **% | Assets-to-equity | **x |
*Six months ago = 100 |
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VALUATION METRICS
2019 | 2020E | 2021E | |
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Price-to-sales | ** | ** | ** |
Price-to-earnings | ** | ** | ** |
Price-to-cash flow | ** | ** | ** |
Price-to-growth | ** | ** | ** |
Price-to-book value | ** | ** | ** |
Yield | ** | ** | ** |
Historical valuation trends
Forward multiple: |
Innovation Shares NextGen Vehicles & Technology ETF | |||
Relative to: |
S&P500 | MSCI EAFE | MSCI Emg. Mkts. | Other ETF: |
OVERWEIGHT |
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals. |
ALTAR Score™
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MODERN PORTFOLIO THEORY
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CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
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