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 (DRIV) is a thematic fund issued by Global X Funds that currently holds an asset base of $441 million. Trading at a price of $33.45, the fund carries an expense ratio of 0.68% and offers a dividend yield of 0.57%. Within the broader universe of 458 tracked ETFs, DRIV holds an overall rank of #378 and has received an ETFValuer grade of C with a score of 50.1 out of 100. The fund operates within a specific thematic category containing 17 ETFs tracked by ETFValuer. Its current asset size and ranking position suggest a moderate level of investor adoption relative to the total number of available funds. The combination of its cost structure and yield profile provides a baseline for evaluating its potential return generation against its peers.

Over the most recent trading day, the fund declined by 2.59%, following a weekly drop of 1.48% and a significant monthly loss of 11.54%. Despite these short-term declines, the fund posted a modest gain of 0.06% over the six-month period and has advanced 10.03% year-to-date. The longer-term trajectory shows substantial growth, with a one-year return of 32.33% and a three-year annualized return of 25.80%. This pattern indicates a divergence where recent short-term volatility has contrasted with strong multi-year performance gains. The data reflects a recovery phase following the sharp one-month decline, as the fund has managed to post positive returns over the half-year and year-to-date horizons.

The fund is classified with a High volatility label and exhibits a beta of 1.77, indicating that its price movements tend to be significantly more pronounced than the broader market. A Sharpe ratio of 0.94 suggests that the fund has generated a moderate amount of excess return per unit of risk taken over the measured period. However, the maximum drawdown of -34.18% highlights the potential for severe capital erosion during market downturns. This combination of high beta and deep drawdowns implies that the fund experiences amplified swings in both up and down markets. Investors face a risk profile where potential gains are paired with substantial downside exposure and elevated price instability.

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

DRIV Top Holdings

Holdings as of 2026-02-28 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 27.0% 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 — DSI overlaps most, holding 5 of the same companies as DRIV's top 10 (13.3% 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: 4.71% (as of 2026-07-23) — 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): 18.70 (as of 2026-07-23) — 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 2026-06-01) — 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 0.62% and average daily volume is 76K/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 $441M 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