ρ +0.85beyond mkt +0.70holdout +0.87stable 100%robust
KARS KraneShares Electric Vehicles and Future Mobility Index ETF
- Last close
- 25.53
- 504-day return
- +16.72%
- Median $/day
- $347k
- Relationships shown
- 16
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
KARS vs LIT
Both indexed to 100 at 2026-05-11.
Moves with KARS
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.85beyond mkt +0.68holdout +0.89stable 100%robust
ρ +0.83beyond mkt +0.61holdout +0.89stable 100%robust
ρ +0.70beyond mkt +0.56holdout +0.62stable 100%robust
ρ +0.78beyond mkt +0.55holdout +0.83stable 100%robust
ρ +0.77beyond mkt +0.54holdout +0.84stable 100%robust
Moves against KARS
ρ -0.51beyond mkt +0.04holdout -0.67stable 100%robust
ρ -0.35beyond mkt +0.02holdout -0.39stable 100%robust
ρ -0.33beyond mkt +0.01holdout -0.36stable 88%robust
ρ -0.43beyond mkt +0.00holdout -0.50stable 100%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.42holdout +0.29stable 62%moderate
horizon 10dρ +0.41holdout +0.41stable 38%moderate
horizon 10dρ +0.41holdout +0.25stable 50%moderate
horizon 10dρ +0.37holdout +0.32stable 75%robust
horizon 5dρ +0.34holdout +0.37stable 75%robust
horizon 5dρ +0.34holdout +0.20stable 75%robust
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.51recent -0.44prior +0.07beyond mkt +0.04
Δ -0.50recent -0.19prior +0.31beyond mkt -0.01
Δ -0.49recent -0.10prior +0.39beyond mkt +0.16
Δ -0.48recent -0.37prior +0.12beyond mkt -0.00
Δ -0.47recent -0.14prior +0.32beyond mkt +0.03
Δ -0.45recent -0.09prior +0.36beyond mkt +0.17
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| SMOG VanEck Low Carbon Energy ETF | +0.51 | +0.78 | 10 | |
| LITP Sprott Funds Trust Sprott Lithium Miners ETF | +0.44 | +0.67 | 9 | |
| DRIV Global X Funds Global X Autonomous & Electric Vehicles ETF | +0.54 | +0.77 | 13 | |
| REMX VanEck Rare Earth and Strategic Metals ETF | +0.51 | +0.73 | 12 | |
| ERTH Invesco MSCI Sustainable Future ETF | +0.45 | +0.76 | 10 | |
| PBD Invesco Global Clean Energy ETF | +0.37 | +0.73 | 7 |