KARS - KraneShares Electric Vehicles & Future Mobility Index ETF
The fund dedicates a minimum of 80% of its net assets (including any borrowed funds used for investment) to either the securities within its underlying benchmark index or to other financial instruments that share similar economic characteristics. This benchmark is specifically designed to track the equity market performance of companies involved in manufacturing electric vehicles, producing their components, or advancing other initiatives poised to reshape future mobility, as defined by its index provider.
As of Sep 30, 2026: spot at $27.89, ATM IV 288.2%, max pain $29.00, net GEX $15.2K.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $56.5M
- Beta
- 1.31
- 52-Week Range
- 27.4-38.12
- Dividend Yield
- $0.06
- IPO Date
- Jan 18, 2018
- Exchange
- AMEX
What KARS Looks Like to Options Traders Today
IV rank of 70.1% signals elevated pricing relative to the 1-year history, conditions that typically favor premium-selling structures (credit spreads, iron condors, covered calls); positive net gamma exposure ($15.2K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (-0.035) prices puts richer than calls, the typical equity downside-protection skew.
What This Page Covers
The KARS overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked KARS overview questions
- What is KARS?
- KARS is the ticker symbol for KraneShares Electric Vehicles & Future Mobility Index ETF, an listed exchange-traded fund. The fund dedicates a minimum of 80% of its net assets (including any borrowed funds used for investment) to either the securities within its underlying benchmark index or to other financial instruments that share similar economic characteristics. This benchmark is specifically designed to track the equity market performance of companies involved in manufacturing electric vehicles, producing their components, or advancing other initiatives poised to reshape future mobility, as defined by its index provider. Listed on AMEX. KARS is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the KARS options snapshot look like today?
- As of Sep 30, 2026, the KARS options snapshot shows spot at $27.89, ATM IV 288.2%, IV rank 70.1%, max pain $29.00, net GEX $15.2K, expected move 82.62%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are KARS's key statistics?
- KraneShares Electric Vehicles & Future Mobility Index ETF (KARS) carries a market capitalization of $56.5M, 52-week range of 27.4-38.12. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does KARS belong to?
- KraneShares Electric Vehicles & Future Mobility Index ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare KARS's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the KARS data on this page?
- The options snapshot above is dated Sep 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.