DRIV - ETF AI Analysis
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Global X Autonomous & Electric Vehicles ETF (DRIV)
Rating:59Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered strong gains so far this year, showing solid momentum in its focused theme.
Leading Technology and Chip Holdings
Several top positions in major semiconductor and tech companies have performed strongly, helping support the fund’s overall returns.
Global Diversification
Holdings spread across the U.S., Asia, and Europe help reduce the risk of being tied to the economic fortunes of a single country.
Negative Factors
High Expense Ratio
The fund’s relatively high annual fee means more of the returns go to costs instead of staying in investors’ pockets.
Recent Short-Term Weakness
Performance over the last month and quarter has been weak, suggesting the ETF can be sensitive to short-term market swings.
Concentration in Cyclical and Tech Sectors
Heavy exposure to technology and consumer cyclical companies increases the fund’s vulnerability to downturns in growth-oriented and economically sensitive industries.
DRIV vs. SPDR S&P 500 ETF (SPY)
AUM360.94M
RegionGlobal
Expense Ratio0.68%
Beta1.41
IssuerGlobal X
Inception DateApr 13, 2018
Dividend Yield0.66%
Asset ClassEquity
Index TrackedSolactive Autonomous & Electric Vehicles Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume51,729
30 Day Avg. Volume45,434
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
45.42Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering72
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 future of transportation, investing in companies involved in self-driving technology, electric cars, batteries, and charging stations. Well-known holdings include Tesla, Nvidia, Intel, Microsoft, and Alphabet (Google’s parent company). Investors might consider DRIV if they want growth potential from the long-term shift toward cleaner, smarter vehicles and to spread their money across many related companies worldwide. A key risk is that it’s heavily tied to tech and auto stocks, so its price can rise and fall sharply with changes in those industries.
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 powered by a mix of Big Tech and auto names, with Nvidia and Microsoft helping steer returns thanks to generally rising momentum tied to AI and software. Qualcomm and Skyworks add more tech horsepower, both showing solid recent trends that support the fund’s chip-heavy tilt. On the other side of the road, Tesla and Toyota have been lagging, softening the impact of the EV and traditional auto exposure, while Alphabet’s performance has been more mixed. Overall, it’s a globally focused, tech-and-mobility story with semiconductors firmly in the driver’s seat.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Microsoft | 4.06% | $14.74M | $3.83T | -1.04% | 79 Outperform | |
| Intel | 3.72% | $13.52M | $650.19B | 236.51% | 64 Neutral | |
| Nvidia | 3.29% | $11.93M | $5.42T | 25.85% | 76 Outperform | |
| Qualcomm | 2.98% | $10.84M | $212.12B | 13.42% | 80 Outperform | |
| Tesla | 2.93% | $10.66M | $1.47T | -19.35% | 73 Outperform | |
| Alphabet Class A | 2.89% | $10.49M | $4.19T | 40.44% | 85 Outperform | |
| Toyota Motor | 2.54% | $9.24M | ¥35.40T | 0.67% | 80 Outperform | |
| Bloom Energy | 1.97% | $7.16M | $85.03B | 257.16% | 62 Neutral | |
| Skyworks Solutions | 1.85% | $6.70M | $13.44B | 13.86% | 70 Outperform | |
| General Motors | 1.77% | $6.42M | $72.50B | 31.94% | 73 Outperform |
DRIV Technical Analysis
Negative
―
Price Trends
34.27
Negative
36.43
Negative
34.36
Negative
Market Momentum
-0.37
Positive
40.93
Neutral
16.06
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For DRIV, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 33.83, equal to the 50-day MA of 34.27, and equal to the 200-day MA of 34.36, indicating a bearish trend. The MACD of -0.37 indicates Positive momentum. The RSI at 40.93 is Neutral, neither overbought nor oversold. The STOCH value of 16.06 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DRIV.
DRIV Peer Comparison
Comparison Results
Performance Comparison
DRIV
Global X Autonomous & Electric Vehicles ETF
33.05
4.13
14.28%
GII
SPDR S&P Global Infrastructure ETF
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TAN
Invesco Solar ETF
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ROBT
First Trust Nasdaq Artificial Intelligence & Robotics ETF
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NUKZ
Range Nuclear Renaissance Index 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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