EV ETFs are up 20% this year - and analysts still see huge upside

Exchange-traded funds that specialize in electric vehicles have grown in popularity as consumer interest in the sector soars.

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These ETFs give exposure to businesses like Tesla, Nvidia, a manufacturer of semiconductors, and international firms like BYD, a Chinese automobile backed by Warren Buffett. They also offer a diversified strategy to invest in the sector.

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Given the enormous number of EV-related ETFs available, CNBC Pro has attempted to filter down the list, identifying ETFs that analysts estimate to climb by more than 30% over the next year.

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Charging Infrastructure for Electric Vehicles ETF

Trade Algo's weighted average analyst price target for Electric Vehicle Charging Infrastructure ETF (ELEC) suggests that shares will rise by 60.8% over the next year.

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In addition to the London Stock Exchange, the Borsa Italiana, and Xetra and Gettex stock exchanges in Germany offer the ETF, which tracks Solactive Electric Vehicle Charging Infrastructure Index.

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According to Trade Algo, the fund's largest holding is ChargePoint , which is a North American and European company that operates one of the largest networks of electric vehicle charging stations in the world. It is estimated that over the next year, this stock alone will rise by 47%, according to analysts.

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ETF of self-driving electric cars and technology, iShares

iShares Self-driving EV & Tech ETF (IDRV) analysts expect it to rise by 33.9% over the next year, giving it a return of 33.1% for 2017. Since the beginning of the year, it has already increased by 20%.

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The fund is marketed on the NYSE, but its holdings are diversified around the world, despite the fact that it trades there. As an example, France's Renault account for 4.9% of the ETF's assets, while Russia's Sberbank is the ETF's second largest holding.

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The iShares Fund of BlackRock is focused on electric vehicles and self-driving car technology, and the fund company plans to seek "long-term growth along with access to companies that can shape the future economic growth of the world."

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Other ETFs

There are several exchange traded funds listed in Hong Kong, including Global X China Electric Vehicles and Batteries ETF , Amplify Lithium & Battery Technology ETF , and Global X Lithium & Battery Technology ETF , which are listed in the United States. In addition to investing in electric vehicle manufacturers, this fund also targets companies that manufacture lithium batteries and those involved in the supply chain, such as miners and refiners, as well.

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CNBC Pro's analysis of funds by CNBC Pro has revealed that the Fidelity Electric Vehicles and Future Transportation ETF charges only 0.35% in fee per year. This is the lowest fee among the funds analyzed by the company. Among the ETF’s largest holdings, Tesla, with a total share value of 4.5%, is the largest holding.

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A lack of pricing targets for the Global X Autonomous & Electric Vehicles ETF on Trade Algo prevented it from being included in the analysis, so it was not included in the analysis.