IDRV - ETF AI Analysis

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iShares Self-driving EV & Tech ETF (IDRV)

Rating:50Neutral

Price Target:―

The iShares Self-driving EV & Tech ETF (IDRV) has a balanced overall rating, reflecting both strengths and challenges among its holdings. Top contributors include Tesla, which benefits from strong financial performance and growth potential, and Volkswagen, which boasts robust financials, attractive valuation, and positive momentum. However, weaker holdings like XPeng and Pilbara Minerals, both facing financial and valuation challenges, weigh on the fund's overall rating. Additionally, the ETF's exposure to the electric vehicle and technology sectors may pose risks due to potential market volatility in these industries.

Positive Factors

Strong Top Holdings

Several top holdings, such as Albemarle and Pilbara Minerals, have delivered strong year-to-date performance, driving the fund’s returns.

Global Diversification

The ETF has exposure to multiple countries, including the USA, Hong Kong, and Germany, reducing reliance on a single geographic market.

High Growth Sector Focus

The fund is heavily weighted toward the Consumer Cyclical sector, which includes companies in the fast-growing electric vehicle and self-driving technology industries.

Negative Factors

High Sector Concentration

Over 58% of the portfolio is allocated to the Consumer Cyclical sector, increasing vulnerability to downturns in this industry.

Underperforming Holdings

Some holdings, like Li Auto, have experienced negative year-to-date performance, which could drag on overall returns.

Moderate Expense Ratio

The ETF’s expense ratio is higher than some broad market ETFs, which could reduce net returns for investors over time.

IDRV vs. SPDR S&P 500 ETF (SPY)

AUM165.63M

RegionGlobal

Expense Ratio0.47%

Beta1.07

IssueriShares

Inception DateApr 16, 2019

Dividend Yield1.68%

Asset ClassEquity

Index TrackedNYSE FactSet Global Autonomous Driving and Electric Vehicle Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume29,104

30 Day Avg. Volume33,974

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

43.99

Price Target Upside― Downside

Rating ConsensusHold

Number of Analyst Covering51

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

IDRV Summary

The iShares Self-driving EV & Tech ETF (IDRV) is an investment fund that focuses on companies leading the way in autonomous driving and electric vehicle (EV) technology. It includes well-known names like Tesla and Rivian, as well as other innovators in the mobility space. This ETF is designed for investors who want to tap into the growth potential of cleaner and smarter transportation solutions, making it a great option for those interested in the future of mobility. However, since it focuses heavily on the EV and tech sectors, its performance can be affected by market changes or slowdowns in these industries.

How much will it cost me?The expense ratio for the iShares Self-driving EV & Tech ETF (IDRV) is 0.47%, which means you’ll pay $4.70 per year for every $1,000 invested. This is slightly higher than the average for passively managed ETFs because it focuses on a specialized theme, requiring more targeted research and management.

What would affect this ETF?The iShares Self-driving EV & Tech ETF (IDRV) could benefit from increasing global demand for electric vehicles (EVs) and autonomous driving technologies, supported by government incentives for clean energy and advancements in smart infrastructure. However, it may face challenges from rising interest rates, which can impact growth-focused companies, and potential regulatory hurdles or supply chain disruptions in the EV and technology sectors. Its global exposure and top holdings in companies like Tesla and XPeng position it well for growth, but reliance on the consumer cyclical sector could make it sensitive to economic downturns.

IDRV Top 10 Holdings

The IDRV ETF is riding the wave of innovation in autonomous driving and EV technology, with a global mix of leaders and challengers in the mobility space. Tesla remains a steady performer, buoyed by strong financials and growth potential, while Rivian is rising thanks to strategic partnerships and technical momentum. On the flip side, Chinese EV makers like XPeng and Li Auto are lagging, weighed down by profitability concerns and bearish sentiment. With a heavy tilt toward consumer cyclical stocks, the fund is concentrated in the EV and self-driving niche, making it a bold bet on the future of transportation.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
9868	XPeng, Inc. Class A	4.93%	$8.12M	HK$145.86B	52.59%	53 Neutral
RIVN	Rivian Automotive	4.82%	$7.94M	$25.97B	50.64%	61 Neutral
ALB	Albemarle	4.79%	$7.89M	$17.27B	63.02%	58 Neutral
TSLA	Tesla	4.36%	$7.18M	$1.61T	5.04%	73 Outperform
VOW3	Volkswagen	4.03%	$6.63M	€52.20B	19.92%	82 Outperform
ABB	ABB Ltd	3.86%	$6.37M	kr1.25T	20.38%	78 Outperform
1211	BYD Co	3.84%	$6.32M	HK$890.01B	0.50%	66 Neutral
2015	Li Auto, Inc. Class A	3.80%	$6.26M	HK$131.51B	-39.50%	59 Neutral
3750	Contemporary Amperex Technology Co., Limited Class H	3.71%	$6.11M	HK$1.93T	―	68 Neutral
PLS	Pilbara Minerals	3.65%	$6.02M	AU$13.27B	105.92%	59 Neutral

IDRV Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

37.67

Positive

100DMA

36.46

Positive

200DMA

33.27

Positive

Market Momentum

MACD

0.22

Negative

RSI

56.80

Neutral

STOCH

63.31

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IDRV, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 37.91, equal to the 50-day MA of 37.67, and equal to the 200-day MA of 33.27, indicating a bullish trend. The MACD of 0.22 indicates Negative momentum. The RSI at 56.80 is Neutral, neither overbought nor oversold. The STOCH value of 63.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IDRV.

IDRV Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
IDRV	―	―	$165.63M	0.47%	―
CGW	―	―	$994.07M	0.59%	―
BUG	―	―	$992.62M	0.51%	―
CRBN	―	―	$985.59M	0.20%	―
IVES	―	―	$982.79M	0.75%	―
DRIV	―	―	$341.46M	0.68%	―

Performance Comparison

IDRV

iShares Self-driving EV & Tech ETF

38.42

8.45

28.19%

CGW

Invesco S&P Global Water Index ETF

―

BUG

Global X Cybersecurity Etf

―

CRBN

iShares MSCI ACWI Low Carbon Target ETF

―

IVES

Dan IVES Wedbush AI Revolution ETF

―

DRIV

Global X Autonomous & Electric Vehicles ETF

―

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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