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DRIV - ETF AI Analysis
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Global X Autonomous & Electric Vehicles ETF (DRIV)
Rating:61Neutral
Price Target:
$31.00
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)
AUM325.95M
RegionGlobal
Expense Ratio0.68%
Beta1.34
IssuerGlobal X
Inception DateApr 13, 2018
Dividend Yield1.62%
Asset ClassEquity
Index TrackedSolactive Autonomous & Electric Vehicles Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume49,687
30 Day Avg. Volume73,019
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
33.86Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering77
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 powered by a mix of rising stars and steady performers in the electric vehicle and autonomous driving sectors. Tesla and Nvidia are steady drivers, benefiting from their leadership in EV manufacturing and AI infrastructure, though Tesla’s high valuation risks could create bumps ahead. Intel has been a surprising bright spot, gaining momentum with restructuring efforts, while Alphabet’s steady growth in AI and cloud services adds a tech edge to the fund. However, Toyota’s lagging performance and Plug Power’s profitability struggles are holding the fund back. With a global focus and a tilt toward consumer cyclical and tech sectors, DRIV is firmly positioned in the fast lane of next-gen mobility innovation.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Alphabet Class A | 4.00% | $12.78M | $3.53T | 66.39% | 80 Outperform | |
| Bloom Energy | 3.93% | $12.57M | $25.76B | 339.23% | 66 Neutral | |
| Tesla | 3.30% | $10.57M | $1.34T | 18.12% | 73 Outperform | |
| Nvidia | 2.72% | $8.69M | $4.53T | 27.85% | 76 Outperform | |
| Intel | 2.52% | $8.06M | $167.47B | 46.23% | 56 Neutral | |
| Microsoft | 2.50% | $7.99M | $3.62T | 17.24% | 82 Outperform | |
| Pilbara Minerals | 2.41% | $7.71M | AU$12.81B | 34.38% | 59 Neutral | |
| Toyota Motor | 2.39% | $7.64M | ¥39.58T | 11.22% | 81 Outperform | |
| Qualcomm | 2.38% | $7.60M | $177.90B | 7.67% | 80 Outperform | |
| Ganfeng Lithium Co | 2.18% | $6.96M | HK$146.17B | 140.00% | 50 Neutral |
DRIV Technical Analysis
Neutral
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Price Trends
28.94
Negative
26.97
Positive
24.42
Positive
Market Momentum
>-0.01
Positive
41.71
Neutral
14.61
Positive
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 29.80, equal to the 50-day MA of 28.94, and equal to the 200-day MA of 24.42, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 41.71 is Neutral, neither overbought nor oversold. The STOCH value of 14.61 is Positive, 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
28.58
5.62
24.48%
CHAT
Roundhill Generative AI & Technology ETF
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CGW
Invesco S&P Global Water Index ETF
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CRBN
iShares MSCI ACWI Low Carbon Target ETF
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TAN
Invesco Solar ETF
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IVES
Dan IVES Wedbush AI Revolution ETF
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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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