Global X Autonomous & Electric Vehicles
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- Description
- Performance
- Comps
Fundamentals
Valuation
Rating
DRIV seeks to invest in companies involved in the development of autonomous vehicle technology, electric vehicles (EVs), and EV components and materials. This includes companies involved in the development of autonomous vehicle software and hardware, as well as companies that produce EVs, EV components such as lithium batteries, and critical EV materials such as lithium and cobalt. |
Category | Global Equities |
Fund Sponsor | Global X |
Website | www.globalxfunds.com |
Inception date | Mar 27, 2018 |
Assets (mns) | $15 |
Currency | USD |
Expense ratio | 68 bp |
Distributions |
Regulation | Open-Ended Fund |
Custodian | |
Weighting | Market Cap |
Index replication | |
Uses derivatives | No |
Options available | No |
No. of constituents | 76 |
Wgt avg mkt cap (mns) | $213,449 |
Large cap (>$10bn) | 78.2% |
Mid cap ($2-10bn) | 16.6% |
Small cap (<$2bn) | 5.2% |
Developed mkts | 91.3% |
Emerging mkts | 8.7% |
MICROSOFT CORP | 4.5 % |
APPLE INC | 4.5 % |
QUALCOMM INC | 3.9 % |
HONEYWELL INTERNATIONAL INC | 3.8 % |
ALPHABET INC. CLASS A | 3.5 % |
TOYOTA MOTOR CORP | 3.5 % |
INTEL CORP | 3.4 % |
TEXAS INSTRUMENTS INC | 3.3 % |
CISCO SYSTEMS INC | 3.3 % |
SAMSUNG ELECTRONICS CO LTD | 3.2 % | Total | 36.9 % |
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UNITED STATES | 67.6 % |
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JAPAN | 7.7 % |
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SOUTH KOREA | 6.6 % |
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GERMANY | 5.4 % |
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IRELAND | 3.0 % |
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SWITZERLAND | 2.7 % |
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CHINA | 2.2 % |
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BRITAIN | 1.8 % |
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NETHERLANDS | 1.8 % |
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FRANCE | 1.2 % |
HISTORICAL PERFORMANCE 

Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
22.3% | 10.6% | -- | -- | -0.4% |
versus... | Beta | R-squared |
S&P500 | 1.38 | 87% |
MSCI EAFE | 1.59 | 84% |
MSCI Emg. Mkts. | 1.23 | 73% |
Recent close | $14.16 |
30d moving avg. | $14.09 |
Annualized volatility | 22.4% |
Short interest (ETF) | 0.0% |
Relative strength (RSI) | 58 |
Avg. volume (thou.) | 26 |
Turnover | 2.5% |
Bid/Ask (% of price) | 0.35% |
ADV underlying (mns) | $29,090 |
FINDING ALTERNATIVE FUNDS
Below is a list of 20 potential alternatives to the Global X Autonomous & Electric Vehicles ETF based on the alternatives' overlap in portfolio holdings with DRIV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
Benchmark ticker: | DRIV | Expense: | 68 bp | ALTAR Score™: | 7.5% |
Ticker | Fund Name |
Overlap1 vs DRIV (%) |
Expense ratio (bp) |
Savings vs DRIV (bp) |
ALTAR Score™ (%) |
ALTAR vs DRIV (%) |
IDRV | iShares Self-driving EV & Tech | 52.4 | 47 | 21 | 8.9 | +1.4 |
EKAR | Innovation Shares NextGen Vehicles & Technology | 34.1 | 95 | -27 | 6.9 | -0.6 |
KARS | KraneShares Electric Vehicles & Future Mobility Index | 31.7 | 70 | -2 | 6.5 | -1.0 |
XNTK | SPDR NYSE Technology | 29.8 | 35 | 33 | 5.6 | -1.9 |
QTEC | First Trust NASDAQ 100 Tech | 29.4 | 57 | 11 | 6.0 | -1.5 |
JHMT | John Hancock Multifactor Technology | 28.5 | 40 | 28 | 6.1 | -1.5 |
IYW | iShares US Technology | 27.3 | 42 | 26 | 5.2 | -2.3 |
GDAT | Goldman Sachs Motif Data-Driven World | 26.2 | 50 | 18 | 6.0 | -1.6 |
TDIV | First Trust NASDAQ Technology Dividend | 26.1 | 50 | 18 | 6.7 | -0.8 |
XKST | SPDR Kensho Smart Mobility | 25.3 | 45 | 23 | 5.9 | -1.6 |
IXN | iShares S&P Global Technology | 24.8 | 46 | 22 | 5.3 | -2.2 |
XLK | Technology Select Sector SPDR | 24.5 | 13 | 55 | 5.6 | -1.9 |
QYLD | Global X NASDAQ 100 Covered Call ETF | 24.3 | 60 | 8 | 4.8 | -2.7 |
IGM | iShares S&P N. American Technology | 24.3 | 46 | 22 | 4.6 | -2.9 |
QQQ | Invesco QQQ | 24.1 | 20 | 48 | 5.2 | -2.3 |
SOXX | iShares PHLX SOX Semiconductor | 23.6 | 46 | 22 | 6.1 | -1.5 |
FTEC | Fidelity MSCI Info Technology | 23.3 | 8 | 60 | 5.5 | -2.1 |
VGT | Vanguard Info Tech ETF | 23.3 | 10 | 58 | 5.4 | -2.1 |
AIQ | Global X Future Analytics Tech | 23.1 | 68 | 0 | 4.5 | -3.0 |
SMH | VanEck Vectors Semiconductors | 22.9 | 35 | 33 | 6.3 | -1.2 |
1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.
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RESULTS & ESTIMATES
2014 | 2015 | 2016 | 2017 | 2018 | 2019E | 2020E | |
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Sales per share | ** | ** | ** | ** | ** | ** | ** |
Earnings per share | ** | ** | ** | ** | ** | ** | ** |
Dividends per share ![]() |
** | ** | ** | ** | ** | ** | ** |
Book value per share | ** | ** | ** | ** | ** | ** | ** |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
OTHER FUNDAMENTAL METRICS
Long term EPS growth est. | **% | Debt-to-equity | **x | |
Asset turnover | **% | Assets-to-equity | **x |
*Six months ago = 100 |
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VALUATION METRICS
2018 | 2019E | 2020E | |
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Price-to-sales | ** | ** | ** |
Price-to-earnings | ** | ** | ** |
Price-to-cash flow | ** | ** | ** |
Price-to-growth | ** | ** | ** |
Price-to-book value | ** | ** | ** |
Yield | ** | ** | ** |
Historical valuation trends
Forward multiple: |
Global X Autonomous & Electric Vehicles | |||
Relative to: |
S&P500 | MSCI EAFE | MSCI Emg. Mkts. | Other ETF: |
OVERWEIGHT |
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals. |
ALTAR Score™
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MODERN PORTFOLIO THEORY
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CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
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