IDRV - ETF AI Analysis
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iShares Self-driving EV & Tech ETF (IDRV)
Rating:52Neutral
Price Target:―
Positive Factors
Targeted Exposure to EV and Self-Driving Theme
The fund focuses on companies tied to electric vehicles and autonomous driving, giving investors direct access to a fast-evolving industry.
Global Diversification
Holdings spread across the U.S., Hong Kong, Europe, and other regions help reduce the impact of weakness in any single country.
Several Strong-Performing Core Holdings
Key positions in battery, industrial, and materials names have shown strong year-to-date performance, helping offset weaker stocks in the portfolio.
Negative Factors
Recent Weak Overall Performance
The ETF has posted negative returns over the past month, quarter, and year to date, signaling recent pressure on the strategy.
High Concentration in Consumer Cyclical Sector
Nearly half of the portfolio is tied to consumer cyclical companies, making the fund more sensitive to changes in consumer spending and economic cycles.
Several Lagging Top Holdings
Major positions in well-known EV makers have shown weak year-to-date performance, which can drag on the fund’s results.
IDRV vs. SPDR S&P 500 ETF (SPY)
AUM137.24M
RegionGlobal
Expense Ratio0.47%
Beta1.18
IssueriShares
Inception DateApr 16, 2019
Dividend Yield1.79%
Asset ClassEquity
Index TrackedNYSE FactSet Global Autonomous Driving and Electric Vehicle Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume39,156
30 Day Avg. Volume30,862
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
47.91Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering52
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IDRV Summary
IDRV is the iShares Self-driving EV & Tech ETF, built to follow the NYSE FactSet Global Autonomous Driving and Electric Vehicle Index. It invests in companies involved in electric cars, self-driving technology, and the batteries and parts that support them. Well-known holdings include Tesla and Volkswagen, along with several global EV makers and battery producers. Someone might invest in IDRV to get diversified exposure to the long-term growth of cleaner, smarter transportation without having to pick individual stocks. A key risk is that it is heavily focused on the electric vehicle and auto technology sector, so its price can rise or fall sharply with that industry.
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
IDRV is riding the global EV and autonomous wave, but its top holdings are pulling in different directions. U.S. names like Rivian are rising and giving the fund some spark, while Tesla has been losing steam and acting as a noticeable drag. Chinese EV makers such as BYD, Li Auto, NIO, and XPeng are mostly lagging, turning what should be a growth engine into a bit of a sputter. Battery giant CATL and industrial player ABB are steadier bright spots, yet overall the fund remains heavily tied to consumer auto and EV names across the U.S., China, and Europe.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| BYD Co | 4.88% | $6.51M | HK$918.24B | -17.07% | 66 Neutral | |
| Rivian Automotive | 4.35% | $5.79M | $22.04B | 23.73% | 61 Neutral | |
| Li Auto, Inc. Class A | 4.21% | $5.60M | HK$109.57B | -47.63% | 59 Neutral | |
| Contemporary Amperex Technology Co., Limited Class H | 4.08% | $5.44M | HK$2.17T | 49.74% | 68 Neutral | |
| Volkswagen | 4.00% | $5.33M | €37.78B | -14.16% | 82 Outperform | |
| NIO Inc. Class A | 3.98% | $5.30M | HK$96.05B | 0.63% | 39 Underperform | |
| LG Energy Solution Ltd. | 3.84% | $5.11M | ₩76.75T | -15.84% | ― | |
| Tesla | 3.81% | $5.08M | $1.23T | 4.14% | 73 Outperform | |
| ABB Ltd | 3.69% | $4.91M | kr1.68T | 47.79% | 78 Outperform | |
| ― | 3.57% | $4.76M | ― | ― | ― |
IDRV Technical Analysis
Neutral
―
Price Trends
38.70
Negative
39.78
Negative
38.99
Negative
Market Momentum
-0.60
Negative
48.47
Neutral
83.00
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IDRV, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 36.11, equal to the 50-day MA of 38.70, and equal to the 200-day MA of 38.99, indicating a neutral trend. The MACD of -0.60 indicates Negative momentum. The RSI at 48.47 is Neutral, neither overbought nor oversold. The STOCH value of 83.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IDRV.
IDRV Peer Comparison
Comparison Results
Performance Comparison
IDRV
iShares Self-driving EV & Tech ETF
36.61
4.41
13.70%
IVES
Dan IVES Wedbush AI Revolution ETF
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―
―
TRFK
Pacer Data and Digital Revolution ETF
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GII
SPDR S&P Global Infrastructure ETF
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―
―
DRIV
Global X Autonomous & Electric Vehicles ETF
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―
―
DRNZ
REX Drone 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.
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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