DRIV — Global X Autonomous & Electric Vehicles ETF

DRIV Price Performance — Growth of $10,000

Value of a $10,000 investment in DRIV over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

DRIV Drawdown

The "underwater" chart: DRIV's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Global X Autonomous & Electric Vehicles ETF is a thematic fund issued by Global X Funds with $374 million in assets under management. It holds a C grade and ranks seventh among 17 peers in its category, placing it 372nd out of 458 tracked ETFs overall. The fund charges an expense ratio of 0.68%, which matches the category median, while offering a dividend yield of 0.63% that exceeds the peer average of 0.49%. Its portfolio is concentrated, with the top ten holdings representing 26.8% of assets and Intel Corporation serving as the largest single position at 5.0%.

The fund’s rating was upgraded from D to C on July 30, 2026, reflecting a shift in its standing. Over the past year, it delivered a return of 36.71%, outperforming the category median of 28.06%. This long-term strength contrasts with recent weakness, as the fund has declined 9.81% over three months and 0.37% over the last month. The current price of $34.76 sits at 52.7% of its 52-week range, indicating it is near the midpoint of its recent trading history. Performance data is available for only 3.0 years, limiting the historical context for these trends.

With a beta of 1.77, the fund exhibits high sensitivity to market movements, amplifying overall market volatility. This heightened risk is reflected in a 29.62% annualized volatility rating, which is classified as High. Despite this turbulence, the fund has generated a Sharpe ratio of 1.07, suggesting that returns have compensated for the risk taken. The maximum drawdown of -29.42% highlights the potential for significant temporary losses. Liquidity remains moderate, with an average daily volume of 53,707 shares and a bid-ask spread of 0.65%.

AI-generated summary based on the data on this page.

DRIV Top Holdings

Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 26.8% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how DRIV's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With DRIV

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with DRIV's top 10 — QQQ overlaps most, holding 5 of the same companies as DRIV's top 10 (14.8% of DRIV's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.77% (as of 2026-09-03) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 14.32 (as of 2026-09-03) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

DRIV Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.65% and average daily volume is 54K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $374M provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: DRIV is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

DRIV Performance History

How DRIV Compares to Other Thematic ETFs