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IDRV - ETF AI Analysis
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iShares Self-driving EV & Tech ETF (IDRV)
Rating:50Neutral
Price Target:―
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)
AUM159.07M
RegionGlobal
Expense Ratio0.47%
Beta1.08
IssueriShares
Inception DateApr 16, 2019
Dividend Yield1.63%
Asset ClassEquity
Index TrackedNYSE FactSet Global Autonomous Driving and Electric Vehicle Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume16,222
30 Day Avg. Volume24,250
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
46.57Price 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 |
|---|---|---|---|---|---|---|
| Albemarle | 5.28% | $8.18M | $19.19B | 73.35% | 58 Neutral | |
| XPeng, Inc. Class A | 4.18% | $6.48M | HK$153.49B | 42.15% | 53 Neutral | |
| Pilbara Minerals | 4.08% | $6.33M | AU$15.07B | 110.92% | 59 Neutral | |
| BYD Co | 4.03% | $6.25M | HK$932.64B | 11.80% | 66 Neutral | |
| ABB Ltd | 3.91% | $6.05M | kr1.30T | 18.68% | 78 Outperform | |
| Tesla | 3.90% | $6.04M | $1.46T | 3.17% | 73 Outperform | |
| Volkswagen | 3.84% | $5.95M | €50.74B | 4.95% | 82 Outperform | |
| Rivian Automotive | 3.76% | $5.83M | $20.44B | 17.31% | 61 Neutral | |
| Li Auto, Inc. Class A | 3.65% | $5.66M | HK$126.77B | -37.82% | 59 Neutral | |
| Autoliv | 3.47% | $5.38M | $9.60B | 27.17% | 78 Outperform |
IDRV Technical Analysis
Positive
―
Price Trends
38.96
Positive
38.15
Positive
35.34
Positive
Market Momentum
0.20
Negative
54.81
Neutral
70.21
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 39.29, equal to the 50-day MA of 38.96, and equal to the 200-day MA of 35.34, indicating a bullish trend. The MACD of 0.20 indicates Negative momentum. The RSI at 54.81 is Neutral, neither overbought nor oversold. The STOCH value of 70.21 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
Performance Comparison
IDRV
iShares Self-driving EV & Tech ETF
39.71
9.55
31.66%
BUG
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NUKZ
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IHAK
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PBW
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DRIV
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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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