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DRIV - ETF AI Analysis
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Global X Autonomous & Electric Vehicles ETF (DRIV)
Rating:61Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains over the past month, three months, and year to date, indicating positive recent momentum.
Leading Growth-Oriented Holdings
Several top positions, including companies like Bloom Energy, Intel, and key lithium producers, have delivered strong year-to-date performance that supports the fund’s returns.
Global Diversification in the EV Theme
Holdings spread across the U.S., Japan, Hong Kong, Australia, and Europe help reduce the risk of being tied to a single country’s electric vehicle market.
Negative Factors
High Expense Ratio
The fund’s fee is relatively high for an ETF, which can eat into long-term returns compared with lower-cost options.
Concentrated in Cyclical and Tech Sectors
Heavy exposure to consumer cyclical, technology, and materials stocks makes the ETF more sensitive to economic slowdowns and shifts in investor sentiment toward growth sectors.
Exposure to Volatile and Mixed-Performing Names
Some major holdings, such as Tesla and Nvidia, have shown weak or negative year-to-date performance, adding volatility and the risk that a few big names can drag on overall results.
DRIV vs. SPDR S&P 500 ETF (SPY)
AUM333.45M
RegionGlobal
Expense Ratio0.68%
Beta1.36
IssuerGlobal X
Inception DateApr 13, 2018
Dividend Yield1.01%
Asset ClassEquity
Index TrackedSolactive Autonomous & Electric Vehicles Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume53,473
30 Day Avg. Volume52,891
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
37.71Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering69
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
DRIV Summary
DRIV is the Global X Autonomous & Electric Vehicles ETF, which follows the Solactive Autonomous & Electric Vehicles Index. It focuses on the future of transportation, investing in companies involved in self-driving technology, electric cars, batteries, and charging stations. Well-known holdings include Tesla, Alphabet (Google), Nvidia, Intel, and Toyota. Someone might invest in DRIV to tap into the long-term growth potential of electric and autonomous vehicles while spreading their money across many related companies worldwide. A key risk is that it is heavily focused on this single theme, so its price can swing a lot if the EV or tech sector struggles.
How much will it cost me?The Global X Autonomous & Electric Vehicles ETF (DRIV) has an expense ratio of 0.68%, which means you’ll pay $6.80 per year for every $1,000 invested. This is higher than the average for ETFs because it is a thematic fund that focuses on a specific sector, requiring more active management and specialized research.
What would affect this ETF?The Global X Autonomous & Electric Vehicles ETF (DRIV) could benefit from increasing consumer demand for electric vehicles, advancements in autonomous driving technology, and supportive government policies promoting clean energy and sustainable transportation. However, it may face challenges from rising interest rates, which can impact growth-focused sectors like technology, and potential supply chain disruptions or regulatory hurdles affecting EV manufacturing and battery production. Its global exposure and focus on innovative companies like Tesla and Nvidia position it well for long-term growth but also make it sensitive to broader economic conditions and geopolitical risks.
DRIV Top 10 Holdings
DRIV is riding a global wave of next-gen mobility, but its leaders are a mixed crew. Nvidia and Honeywell are doing much of the heavy lifting, with steady to rising momentum that supports the fund’s tech-and-industrials backbone. Toyota and Rio Tinto add a more traditional, globally diversified tilt, both helping rather than hurting. On the flip side, Tesla feels like it’s losing charge, while Microsoft and Qualcomm have been lagging, tempering returns. Overall, the ETF leans heavily into tech and consumer cyclical names tied to EVs and autonomy worldwide.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 3.14% | $10.45M | $4.49T | 69.89% | 76 Outperform | |
| Alphabet Class A | 2.92% | $9.69M | $3.71T | 87.17% | 85 Outperform | |
| Tesla | 2.85% | $9.47M | $1.50T | 73.14% | 73 Outperform | |
| Microsoft | 2.78% | $9.24M | $3.01T | 6.65% | 79 Outperform | |
| Intel | 2.72% | $9.03M | $233.67B | 136.50% | 64 Neutral | |
| Toyota Motor | 2.69% | $8.96M | ¥45.26T | 26.08% | 80 Outperform | |
| Honeywell International | 2.55% | $8.48M | $152.95B | 15.35% | 77 Outperform | |
| Qualcomm | 2.19% | $7.30M | $144.26B | -11.69% | 80 Outperform | |
| Amprius Technologies Inc | 2.07% | $6.87M | $2.47B | 868.31% | 51 Neutral | |
| Rio Tinto | 1.97% | $6.55M | £116.07B | 43.63% | 82 Outperform |
DRIV Technical Analysis
Neutral
―
Price Trends
32.09
Negative
30.79
Positive
27.92
Positive
Market Momentum
-0.38
Positive
43.96
Neutral
38.27
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For DRIV, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 32.13, equal to the 50-day MA of 32.09, and equal to the 200-day MA of 27.92, indicating a neutral trend. The MACD of -0.38 indicates Positive momentum. The RSI at 43.96 is Neutral, neither overbought nor oversold. The STOCH value of 38.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DRIV.
DRIV Peer Comparison
Comparison Results
Performance Comparison
DRIV
Global X Autonomous & Electric Vehicles ETF
31.21
9.10
41.16%
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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