Do FDRV and KARS hold the same stocks?

By their latest filings, 21% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, FDRV or KARS?

FDRV has 21% of its weight in S&P 500 names and KARS has 6%, so KARS differs more from the index.

Which is cheaper, FDRV or KARS?

FDRV charges 0.39% a year and KARS charges 0.69%, so FDRV is cheaper. Fees come from each fund's prospectus.

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FDRV vs KARS: which is really different?

FDRV and KARS hold 21% of their weight in the same names. Fidelity Electric Vehicles and Future Transportation ETF and KraneShares Electric Vehicles and Future Mobility Index ETF.

21.3%

FDRV in the S&P 500

6.5%

KARS in the S&P 500

−8.2%

FDRV total return, 1 year

−8.5%

KARS total return, 1 year

FDRV · 1 year to Sep 30, 202679% of its weight is outside the S&P 500

21% of FDRV's weight is in S&P 500 companies and 79% is outside the index

KARS · 1 year to Sep 30, 202694% of its weight is outside the S&P 500

7% of KARS's weight is in S&P 500 companies and 94% is outside the index

ETFIQ Off-Index Score · KARS scores higherHow much of it is not the index it is sold as an alternative to?

FDRV 42.8

KARS 51.3

0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, FDRV and KARS hold 21% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 30, 2026.

50%

half

21% in common

Positions both hold, largest shared weight first

Holding FDRV KARS

TESLA INC 4.95% 4.35%

AURORA INNOVATION INC 3.10% 2.44%

LG ENERGY SOLUTION 1.15% 2.45%

SAMSUNG SDI CO LTD 1.13% 4.91%

HESAI GROUP 1.57% 0.60%

LUCID GROUP INC 1.45% 0.18%

Only in FDRV

UBER TECHNOLOGIES INC 4.92%

CONTEMPORARY AMPEREX TECHNOLOGY CO LTD 4.78%

INFINEON TECHNOLOGIES AG 4.65%

NXP SEMICONDUCTORS NV 4.30%

BYD CO LTD 3.88%

RIVIAN AUTOMOTIVE INC 3.83%

ALLEGRO MICROSYSTEMS INC 3.61%

APTIV PLC 3.44%

Only in KARS

Panasonic Holdings Corporation 4.95%

STMICROELECTRONICS NV 4.83%

BYD CO LTD -A 4.22%

XIAOMI CORP-CLASS B 4.21%

BAYERISCHE MOTOREN WERKE AG 4.07%

CONTEMPORARY AMPEREX TECHN-A 3.49%

RIVIAN AUTOMOTIVE INC-A 2.59%

CMOC GROUP LTD-A 2.55%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

21% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	FDRV	KARS	FDRV	KARS	FDRV	KARS
3 months	−16.6%	−12.4%	−19.1 pts	−14.9 pts	−18.7 pts	−14.5 pts
6 months	−2.9%	−13.8%	−19.9 pts	−30.8 pts	−29.8 pts	−40.7 pts
1 year	−8.2%	−8.5%	−23.9 pts	−24.3 pts	−31.9 pts	−32.3 pts
3 years	−4.0%	+2.6%	−89.0 pts	−82.3 pts	−114.0 pts	−107.3 pts
Since launch FDRV Oct 2021 · KARS Jan 2018	−35.6%	+25.2%	−121.5 pts	−185.6 pts	−145.5 pts	−345.6 pts

FDRV and KARS over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

FDRV

Fidelity Electric Vehicles and Future Transportation ETF · Holds 50 stocks in electric vehicles and batteries, 21% of its weight in S&P 500 companies

KARS

KraneShares Electric Vehicles and Future Mobility Index ETF · Holds 86 stocks in electric vehicles and batteries, 6% of its weight in S&P 500 companies

Issuer Fidelity KraneShares

Theme Electric vehicles and batteries Electric vehicles and batteries

In the S&P 500 21.3% 6.5%

Active share vs the S&P 500 97.4% 98.1%

In the Nasdaq-100 9.7% 4.4%

Holdings 50 86

Top ten, share of the fund 41.5% 40.2%

Expense ratio 0.39% 0.69%

Fee for the differing part 0.40% 0.70%

Total return, 1 year −8.2% −8.5%

vs the S&P 500 −23.9 pts −24.3 pts

vs the Nasdaq-100 −31.9 pts −32.3 pts

Below its high −45.3% −44.6%

Net assets $25m $73m

FDRV and KARS on the same fields, as of Sep 30, 2026. Source: ETFIQ.

FDRV in plain words

By weight, 21% of FDRV's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 42% of the fund across 50 positions, as filed for Jun 30, 2026. Over the year to Sep 30, 2026 the fund returned −8.2% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 23.9 pts. It sits 45.3% below its all-time high of Nov 8, 2021.

KARS in plain words

By weight, 6% of KARS's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 40% of the fund across 86 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned −8.5% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 24.2 pts. It sits 44.6% below its all-time high of Nov 8, 2021.

Questions people ask

Do FDRV and KARS hold the same stocks?: By their latest filings, 21% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, FDRV or KARS?: FDRV has 21% of its weight in S&P 500 names and KARS has 6%, so KARS differs more from the index.
Which is cheaper, FDRV or KARS?: FDRV charges 0.39% a year and KARS charges 0.69%, so FDRV is cheaper. Fees come from each fund's prospectus.

Other comparisons

FDRV vs ION FDRV vs LIMI FDRV vs LIT FDRV vs LITP KARS vs LIMI KARS vs LIT KARS vs LITP KARS vs WATS

FDRV on its own →KARS on its own →How every figure is computed →Standards and sources →

Where these figures came from

FDRV filings on SEC EDGAR ↗FDRV prospectus with the expense ratio (SEC) ↗Fidelity website ↗KARS filings on SEC EDGAR ↗KARS prospectus with the expense ratio (SEC) ↗KraneShares page for KARS ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, FDRV against KARS, data as of Sep 30, 2026. https://etfiq.com/compare/themes/fdrv-vs-kars

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.