IDRV - ETF AI Analysis
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iShares Self-driving EV & Tech ETF (IDRV)
IDRV’s overall rating suggests it is a moderate-quality ETF with a balanced mix of strengths and weaknesses in the self-driving and EV space. Strong holdings like Tesla and Volkswagen support the fund through solid financial performance, bullish technical momentum, and appealing valuation and dividends, helping underpin its quality. However, exposure to more challenged names like Rivian and Pilbara Minerals, along with the ETF’s concentration in a single high-growth, volatile sector (electric vehicles and related tech), adds risk and likely holds back the overall rating.
IDRV vs. SPDR S&P 500 ETF (SPY)
- AUM
- 119.63M
- Region
- Global
- Expense Ratio
- 0.47%
- Beta
- 1.18
- Issuer
- iShares
- Inception Date
- Apr 16, 2019
- Dividend Yield
- 2.11%
- Asset Class
- Equity
- Index Tracked
- NYSE FactSet Global Autonomous Driving and Electric Vehicle Index
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 make them work. Well-known holdings include Tesla and Volkswagen, along with other global EV and battery makers. Someone might invest in IDRV to bet on long-term growth in cleaner, smarter transportation while spreading their money across many companies and countries. A key risk is that it’s heavily focused on the electric vehicle and auto tech industry, so its price can rise or fall sharply with that sector.
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 battery wave, with Samsung SDI quietly powering returns and ABB adding a steady industrial backbone. Tesla has perked up recently but is still shaking off a weaker year, while Rivian and Li Auto are dragging the fund as their shares struggle to gain traction. BYD and Volkswagen are also lagging, reflecting mixed sentiment toward traditional and Chinese automakers. Overall, the ETF is heavily concentrated in consumer cyclical EV makers and battery names across the U.S., Europe, and Asia, making it a focused bet on the future of mobility.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 KR:006400 | Samsung SDI Co., Ltd | 5.52% | $6.49M | KRW 38.18T | 90.12% | ―― |
 KR:373220 | LG Energy Solution Ltd. | 5.93% | $6.98M | KRW 89.62T | -14.41% | ―― |
 TSLA | Tesla | 5.28% | $6.21M | $1.47T | -17.10% | 73Outperform |
 RIVN | Rivian Automotive | 4.01% | $4.72M | $17.13B | -9.63% | 61Neutral |
 HK:1211 | BYD Co | 4.41% | $5.19M | HKD 736.89B | -31.09% | 66Neutral |
 HK:2015 | Li Auto, Inc. Class A | 4.38% | $5.15M | HKD 92.50B | -48.12% | 59Neutral |
 SE:ABB | ABB Ltd | ― | ― | ― | ― | 78Outperform |
 DE:VOW3 | Volkswagen | 4.22% | $4.97M | EUR 34.52B | -22.67% | 82Outperform |
 ALV | Autoliv | 3.89% | $4.58M | $8.40B | -0.86% | 78Outperform |
IDRV Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IDRV, the sentiment is Negative. The current price of 30.37 is below the 20-day moving average (MA) of 32.44, below the 50-day MA of 34.58, and below the 200-day MA of 38.21, indicating a bearish trend. The MACD of -1.00 indicates Positive momentum. The RSI at 25.24 is Positive, neither overbought nor oversold. The STOCH value of 7.47 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IDRV.
IDRV Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| IDRV | $30.37 | $36.00(18.54% Upside) | $119.63M | 0.47% | 50Neutral |
 GII | $73.63 | $82.19(11.62% Upside) | $946.32M | 0.40% | 62Neutral |
 TAN | $41.07 | $58.47(42.36% Upside) | $884.40M | 0.70% | 58Neutral |
 ROBT | $57.37 | $73.89(28.79% Upside) | $734.67M | 0.65% | 62Neutral |
 DRIV | $29.36 | $43.89(49.49% Upside) | $322.04M | 0.68% | 59Neutral |
 DRNZ | $16.44 | $30.16(83.43% Upside) | $93.53M | 0.65% | 51Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IDRV | iShares Self-driving EV & Tech ETF | 30.37 | -7.64 | -20.09% | |
| GII | SPDR S&P Global Infrastructure ETF | 73.63 | 4.88 | 7.10% | |
| TAN | Invesco Solar ETF | 41.07 | -7.84 | -16.03% | |
| ROBT | First Trust Nasdaq Artificial Intelligence & Robotics ETF | 57.37 | 0.80 | 1.42% | |
| DRIV | Global X Autonomous & Electric Vehicles ETF | 29.36 | -0.72 | -2.39% | |
| DRNZ | REX Drone ETF | 16.44 | -7.99 | -32.70% |
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.