{"url":"https://etfiq.com/compare/themes/kars-vs-wats","section":"compare","title":"KARS vs WATS: which is really different? | ETFIQ","description":"6.5% of KARS and 28.9% of WATS is already in the S&P 500 by weight, as filed, and 6% of the two books are the same names at the same weight.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Do KARS and WATS hold the same stocks?","acceptedAnswer":{"@type":"Answer","text":"By their latest filings, 6% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share."}},{"@type":"Question","name":"Which is more different from the S&P 500, KARS or WATS?","acceptedAnswer":{"@type":"Answer","text":"KARS has 6% of its weight in S&P 500 names and WATS has 29%, so KARS differs more from the index."}},{"@type":"Question","name":"Which is cheaper, KARS or WATS?","acceptedAnswer":{"@type":"Answer","text":"KARS charges 0.69% a year and WATS charges 0.35%, so WATS is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Thematic ETFs","item":"https://etfiq.com/themes/"},{"@type":"ListItem","position":3,"name":"KARS vs WATS","item":"https://etfiq.com/compare/themes/kars-vs-wats"}]},{"@type":"WebPage","name":"KARS vs WATS: which is really different?","description":"6.5% of KARS and 28.9% of WATS is already in the S&P 500 by weight, as filed, and 6% of the two books are the same names at the same weight. Returns and overlap to Sep 30, 2026.","url":"https://etfiq.com/compare/themes/kars-vs-wats","dateModified":"2026-09-30","abstract":"KARS and WATS hold 6% of their weight in the same names.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of KARS and WATS","description":"6.5% of KARS and 28.9% of WATS is already in the S&P 500 by weight, as filed, and 6% of the two books are the same names at the same weight. Returns and overlap to Sep 30, 2026.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/themes/kars-vs-wats","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}],"variableMeasured":["Weight overlap with the S&P 500","Active share","Holdings","Top ten share of the fund","Total return","Fee for the differing part","Expense ratio"],"keywords":["exchange-traded funds","ETF","Thematic ETFs","fund data","SEC filings"]}],"characters":6891,"truncated":true,"content":"ETFIQ / Thematic ETFs / Head to head / KARS vs WATS \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n KARS vs WATS: which is really different?\n\n KARS and WATS hold 6% of their weight in the same names.\n Copy this for sharing \n \n KraneShares Electric Vehicles and Future Mobility Index ETF and Corgi Battery Energy Storage Systems ETF.\n\n Download as PDF \n\n 6.5% KARS in the S&P 500 \n 28.9% WATS in the S&P 500 \n \u22128.5% KARS total return, 1 year \n \u221224.9% WATS total return, since launch \n\n ETFIQ Off-Index Score: KARS scores higher\n How much of it is not the index it is sold as an","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/themes/kars-vs-wats","a":{"ticker":"KARS","name":"KraneShares Electric Vehicles and Future Mobility Index ETF","issuer":"KraneShares","desk":"themes","as_of":"2026-09-30","verdict":"KARS holds 86 stocks, and 94% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/kars","key_facts":[{"label":"Already in the S&P 500","value":"6.5%","as_of":"2026-09-30","source":null},{"label":"Active share vs the S&P 500","value":"98.1%","as_of":"2026-09-30","source":null},{"label":"Top ten holdings","value":"40.2%","as_of":"2026-09-30","source":null},{"label":"Total return, 1 year","value":"\u22128.5%","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$73m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.69%","as_of":"2026-09-30","source":"485BPOS XBRL, Jul 29, 2026"}]},"b":{"ticker":"WATS","name":"Corgi Battery Energy Storage Systems ETF","issuer":"Corgi","desk":"themes","as_of":"2026-09-30","verdict":"WATS holds 24 stocks, and 71% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/wats","key_facts":[{"label":"Already in the S&P 500","value":"28.9%","as_of":"2026-09-30","source":null},{"label":"Active share vs the S&P 500","value":"98.1%","as_of":"2026-09-30","source":null},{"label":"Top ten holdings","value":"65.2%","as_of":"2026-09-30","source":null},{"label":"Total return, since launch","value":"\u221224.9%","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$496,218","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.35%","as_of":"2026-09-30","source":"485BPOS XBRL, Apr 30, 2026"}]},"overlap_pct":6,"full_text_at":"https://etfiq.com/compare/themes/kars-vs-wats"}