DRIV - ETF AI Analysis
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Global X Autonomous & Electric Vehicles ETF (DRIV)
Rating:60Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains so far this year and over the past month, indicating positive recent momentum.
Leading Growth Companies in Top Holdings
Several major positions, including well-known technology and battery-related companies, have delivered strong year-to-date performance that supports the fund’s returns.
Global and Sector Diversification
Holdings spread across multiple countries and sectors like technology, consumer cyclical, and industrials help reduce reliance on any single market or industry.
Negative Factors
High Expense Ratio
The fund’s fee is relatively high for an ETF, which can gradually reduce investors’ net returns over time.
Concentration in Thematic Sectors
Heavy exposure to technology, consumer cyclical, and industrial companies tied to autonomous and electric vehicles makes the fund sensitive to downturns in this specific theme.
Mixed Performance Among Top Holdings
Some large positions, including major technology and auto names, have shown weak or negative performance this year, which can drag on overall results if the trend continues.
DRIV vs. SPDR S&P 500 ETF (SPY)
AUM450.47M
RegionGlobal
Expense Ratio0.68%
Beta1.36
IssuerGlobal X
Inception DateApr 13, 2018
Dividend Yield0.76%
Asset ClassEquity
Index TrackedSolactive Autonomous & Electric Vehicles Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume80,395
30 Day Avg. Volume60,470
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
43.75Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering73
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 theme of next‑generation transportation, investing in companies involved in electric cars, self‑driving technology, batteries, and charging stations. Well‑known holdings include Tesla, Nvidia, Microsoft, 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 tied to the auto and technology sectors, so its price can swing a lot and may fall if this theme goes out of favor.
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 powerful tech-and-EV wave, with U.S. heavyweights doing most of the steering. Qualcomm, Intel, and Alphabet have been rising steadily, giving the fund a solid boost from the semiconductor and Big Tech side, while Nvidia’s momentum, though still positive, has cooled a bit. On the pure EV front, Tesla looks more like it’s idling than accelerating, and Microsoft’s mixed signals aren’t helping much either. Names like SiTime, Bloom Energy, and Coherent add a global, future-focused flavor, but also inject some volatility into this concentrated mobility bet.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Intel | 5.80% | $25.70M | $602.32B | 501.07% | 64 Neutral | |
| Nvidia | 2.84% | $12.59M | $5.21T | 58.57% | 76 Outperform | |
| Qualcomm | 2.84% | $12.57M | $251.02B | 67.41% | 80 Outperform | |
| Alphabet Class A | 2.78% | $12.31M | $4.62T | 124.92% | 85 Outperform | |
| Tesla | 2.39% | $10.60M | $1.60T | 19.48% | 73 Outperform | |
| SiTime Corporation | 2.29% | $10.12M | $19.23B | 271.17% | 61 Neutral | |
| Microsoft | 2.11% | $9.34M | $3.11T | -9.69% | 79 Outperform | |
| Bloom Energy | 2.11% | $9.33M | $86.04B | 1430.36% | 62 Neutral | |
| ― | 2.10% | $9.30M | ― | ― | ― | |
| Coherent Corp | 2.04% | $9.02M | $73.87B | 369.70% | 66 Neutral |
DRIV Technical Analysis
Positive
―
Price Trends
35.02
Positive
33.56
Positive
30.91
Positive
Market Momentum
1.40
Positive
68.53
Neutral
82.54
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 38.97, equal to the 50-day MA of 35.02, and equal to the 200-day MA of 30.91, indicating a bullish trend. The MACD of 1.40 indicates Positive momentum. The RSI at 68.53 is Neutral, neither overbought nor oversold. The STOCH value of 82.54 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
41.36
19.46
88.86%
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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.
DisclaimerThis 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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