Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Autonomous & Electric Vehicles Index. The fund invests at least 80% of its total assets in the securities of the index. The index is designed to provide exposure to exchange-listed companies that are involved in the development of electric vehicles and/or autonomous vehicles, including companies that produce electric/hybrid vehicles, electric/hybrid vehicle components and materials, autonomous driving technology, and network connected services for transportation. It is non-diversified.
- Net Assets 972.39 Millions
- YTD Daily Total Return 32.37%
- Yield 0.27%
- Annual Expense Report 0.68%
- 32.37% YTD Daily Total Return
- 72.60% 1-Year Daily Total Return
- 34.77% 3-Year Daily Total Return
This EV fund has the longest list of components with about 100 holdings.
Top 10 Holdings (29.66% of Total Assets)
|Alphabet Inc A||GOOGL||3.93%|
|Toyota Motor Corp||7203||2.99%|
|Cisco Systems Inc||CSCO||2.16%|
|General Electric Co||GE||2.13%|
DRIV is very much a catchall fund that covers a lot of tech stocks, chipmakers and vehicle manufacturers. All of these stocks have a foothold in the EV marketplace as part of their operations.