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DRIV - ETF AI Analysis
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Global X Autonomous & Electric Vehicles ETF (DRIV)
Rating:59Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid year-to-date returns, indicating strong overall momentum.
Diversified Sector Exposure
The fund invests across multiple sectors, including Consumer Cyclical, Technology, and Industrials, reducing reliance on any single industry.
Global Reach
With exposure to countries like Japan, Hong Kong, and France, the ETF offers geographic diversification beyond the U.S.
Negative Factors
High Expense Ratio
The ETF charges a relatively high expense ratio compared to many other funds, which could eat into investor returns.
Underperforming Holdings
Some top holdings, such as Toyota Motor, have shown weak year-to-date performance, which may drag on overall returns.
U.S.-Heavy Allocation
Over 60% of the fund is concentrated in U.S. companies, limiting exposure to faster-growing international markets.
DRIV vs. SPDR S&P 500 ETF (SPY)
AUM341.23M
RegionGlobal
Expense Ratio0.68%
Beta1.34
IssuerGlobal X
Inception DateApr 13, 2018
Dividend Yield1.51%
Asset ClassEquity
Index TrackedSolactive Autonomous & Electric Vehicles Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume41,371
30 Day Avg. Volume57,190
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
34.10Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering69
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
DRIV Summary
The Global X Autonomous & Electric Vehicles ETF (DRIV) is an investment fund focused on companies driving innovation in electric vehicles, autonomous driving, and related technologies like batteries and charging infrastructure. It includes well-known names like Tesla and Nvidia, along with other global leaders in the mobility sector. This ETF is a great option for investors interested in the future of transportation and sustainable energy, offering a diversified way to tap into these growing industries. However, new investors should know that its performance can be heavily influenced by trends in the tech and automotive sectors, which can be volatile.
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
The DRIV ETF is steering through mixed terrain, with tech giants like Alphabet and Nvidia providing steady growth thanks to their focus on AI and cloud innovations. However, Tesla and Microsoft are losing momentum, with valuation concerns and overbought signals weighing on performance. Pilbara Minerals and Ganfeng Lithium are rising stars, benefiting from the global push for EV battery materials, while Intel’s struggles with profitability and cash flow are holding the fund back. With a strong tilt toward technology and consumer cyclical sectors, DRIV is globally diversified but heavily concentrated in the EV and autonomous driving space.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Alphabet Class A | 4.21% | $14.47M | $3.87T | 62.76% | 85 Outperform | |
| Bloom Energy | 3.55% | $12.20M | $23.96B | 339.30% | 62 Neutral | |
| Tesla | 3.47% | $11.93M | $1.50T | 6.88% | 73 Outperform | |
| Intel | 2.80% | $9.61M | $194.52B | 90.13% | 64 Neutral | |
| Nvidia | 2.57% | $8.84M | $4.47T | 31.74% | 76 Outperform | |
| Qualcomm | 2.45% | $8.42M | $195.15B | 14.55% | 80 Outperform | |
| Pilbara Minerals | 2.37% | $8.13M | AU$13.52B | 90.54% | 59 Neutral | |
| Toyota Motor | 2.28% | $7.82M | ¥40.61T | 14.40% | 80 Outperform | |
| Microsoft | 2.26% | $7.77M | $3.56T | 7.54% | 79 Outperform | |
| Coherent Corp | 1.97% | $6.76M | $31.03B | 90.72% | 66 Neutral |
DRIV Technical Analysis
Positive
―
Price Trends
29.47
Positive
27.79
Positive
24.91
Positive
Market Momentum
0.32
Negative
55.32
Neutral
83.06
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For DRIV, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 29.32, equal to the 50-day MA of 29.47, and equal to the 200-day MA of 24.91, indicating a bullish trend. The MACD of 0.32 indicates Negative momentum. The RSI at 55.32 is Neutral, neither overbought nor oversold. The STOCH value of 83.06 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DRIV.
DRIV Peer Comparison
Comparison Results
Performance Comparison
DRIV
Global X Autonomous & Electric Vehicles ETF
30.04
6.60
28.16%
CRBN
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CGW
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TAN
Invesco Solar ETF
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IHAK
iShares Cybersecurity & Tech ETF
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NUKZ
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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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