DRIV


Autonomous & Electric Vehicles ETF

Reasons to Consider DRIV

High Growth Potential

While global EV registrations increased by an estimated 52% in 2022, EVs were still less than 12% of new cars sold, highlighting substantial room for further adoption.1

Advancing Clean Technologies

EVs produce zero direct emissions, meaning broader adoption could result in reduced greenhouse gas emissions and improved urban air quality. Further advances in autonomous driving could also enhance roadway safety.2

Unconstrained Approach

This theme is bigger than any single company. DRIV invests accordingly, with global exposure across multiple sectors and industries.

1Rho Motion, Dec 2022
2Mckinsey & Company, Jan 2023

Key Information As of 12/01/23

Inception Date 04/13/18
Total Expense Ratio 0.68%
Net Assets $703.42 million
NAV $23.38
Fact Sheet View the document

ETF Summary

The Global X Autonomous & Electric Vehicles ETF (DRIV) seeks to invest in companies involved in the development of autonomous vehicle technology, electric vehicles (“EVs”), and EV components and materials.  This includes companies involved in the development of autonomous vehicle software and hardware, as well as companies that produce EVs, EV components such as lithium batteries, and critical EV materials such as lithium and cobalt.

ETF Objective

The Global X Autonomous & Electric Vehicles ETF (DRIV) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Autonomous & Electric Vehicles Index.

Trading Details As of 11/30/23

Ticker DRIV
Bloomberg Index Ticker SOLDRIV
CUSIP 37954Y624
ISIN US37954Y6243
Primary Exchange Nasdaq
Shares Outstanding 30,090,002
Number of Holdings 76
30-Day Median Bid-Ask Spread 0.26%

Distributions As of 12/01/23

30-Day SEC Yield 0.67%
Distribution Frequency Semi-Annually

ETF Prices As of 12/01/23

NAV $23.38 Daily Change $0.19 0.82%
Market Price $23.38 Daily Change $0.26 1.12%

Performance History

As of recent
(09/30/23)
As of recent
(09/30/23)
Fund NAV Market Price Index
1 Year 18.23% 18.37% 18.22%
3 Years 12.71% 12.48% 12.97%
5 Years 11.39% 11.25% 11.59%
Since Inception 9.96% 9.89% 10.13%
1 Year 2.71% 1.65% 2.64%
3 Years 2.94% 2.75% 3.17%
5 Years 13.34% 13.32% 13.53%
Since Inception 9.33% 9.27% 9.49%
Year-to-Date 18.65% 19.03% 18.61%
1 Month -5.53% -5.70% -5.52%
3 Months -9.38% -9.79% -9.41%
Since Inception 68.09% 67.46% 69.46%
Year-to-Date 16.69% 17.15% 16.67%
1 Month 11.38% 10.83% 11.44%
3 Months -7.09% -7.19% -7.06%
Since Inception 65.31% 64.82% 66.69%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 12/01/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
3.76 INTC INTEL CORP 2463247 43.74 604,529 26,442,098.46
3.71 GOOGL ALPHABET INC-CL A BYVY8G0 131.86 197,730 26,072,677.80
3.59 7203 JP TOYOTA MOTOR CORP 6900643 19.19 1,317,835 25,283,939.83
3.56 NVDA NVIDIA CORP 2379504 467.65 53,537 25,036,578.05
3.51 AAPL APPLE INC 2046251 191.24 129,265 24,720,638.60
3.01 QCOM QUALCOMM INC 2714923 129.67 163,418 21,190,412.06
3.01 TSLA TESLA INC B616C79 238.83 88,719 21,188,758.77
2.74 HON HONEYWELL INTL 2020459 197.78 97,446 19,272,869.88
2.56 MSFT MICROSOFT CORP 2588173 374.51 48,074 18,004,193.74
2.07 6501 JP HITACHI LTD 6429104 70.80 205,757 14,568,532.00
1.94 STLAM IM STELLANTIS NV BMD8KX7 21.78 626,042 13,638,217.35
1.78 NXPI NXP SEMICONDUCTORS NV B505PN7 205.68 60,787 12,502,670.16
1.73 7267 JP HONDA MOTOR CO LTD 6435145 10.36 1,175,085 12,171,830.61
1.69 IFX GR INFINEON TECHNOLOGIES AG 5889505 39.15 303,617 11,887,874.28
1.52 WAB WABTEC CORP 2955733 120.12 89,156 10,709,418.72
1.49 GM GENERAL MOTORS CO B665KZ5 32.36 324,781 10,509,913.16
1.46 XPEV XPENG INC - ADR BMXR2T4 15.74 652,388 10,268,587.12
1.44 STMPA FP STMICROELECTRONICS NV 5962332 47.38 214,298 10,154,245.40
1.44 ITT ITT INC BZBY209 110.23 91,616 10,098,831.68
1.42 6902 JP DENSO CORP 6640381 15.80 631,845 9,980,891.66
1.37 CBT CABOT CORP 2162500 77.78 123,966 9,642,075.48
1.33 F FORD MOTOR CO 2615468 10.58 885,216 9,365,585.28
1.32 000270 KS KIA CORP 6490928 65.71 141,593 9,303,985.76
1.32 BIDU BAIDU INC - SPON ADR B0FXT17 116.77 79,325 9,262,780.25
1.27 005380 KS HYUNDAI MOTOR CO 6451055 140.00 64,027 8,963,534.83
1.27 CON GR CONTINENTAL AG 4598589 77.41 115,783 8,962,647.25
1.27 VOW3 GR Volkswagen AG 5497168 115.96 77,089 8,939,380.40
1.25 ON ON SEMICONDUCTOR 2583576 74.18 118,955 8,824,081.90
1.24 6781 TT ADVANCED ENERGY BMXC4S2 23.99 364,800 8,752,788.64
1.24 7201 JP NISSAN MOTOR CO LTD 6642860 3.97 2,196,838 8,725,758.41
1.21 APAM NA APERAM B58C6H1 33.53 254,397 8,528,690.50
1.21 HY HYSTER-YALE MATERIALS B7LG306 48.90 174,264 8,521,509.60
1.17 RNO FP RENAULT SA 4712798 39.27 209,890 8,243,087.53
1.17 APTV APTIV PLC B783TY6 84.01 98,021 8,234,744.21
1.16 ATI ATI Inc 2526117 43.06 189,390 8,155,133.40
1.14 LEA LEAR CORP B570P91 136.39 58,989 8,045,509.71
1.08 1316 HK NEXTEER BBPD5F0 0.63 12,110,600 7,624,331.67
1.06 175 HK GEELY AUTOMOBILE 6531827 1.05 7,075,400 7,442,071.40
1.05 JMAT LN JOHNSON MATTHEY PLC BZ4BQC7 19.86 372,735 7,402,150.38
1.05 373220 KS LG ENERGY SOLUTION BNSP8W5 328.16 22,495 7,382,046.72
1.05 BE BLOOM ENERGY CORP- A BDD1BB8 15.38 478,466 7,358,807.08
1.04 LUN CN LUNDIN MINING CORP 2866857 7.25 1,004,409 7,282,095.29
1.02 ENS ENERSYS B020GQ5 91.88 78,283 7,192,642.04
1.02 SITM SITIME CORP BKS48R6 110.62 64,756 7,163,308.72
1.00 THRM GENTHERM INC B8JFD24 46.14 152,799 7,050,145.86
0.99 AXL AMER AXLE & MFG 2382416 7.36 948,871 6,983,690.56
0.98 TOM2 NA TOMTOM NV BFY1TC8 6.67 1,036,983 6,921,534.83
0.97 CEVA CEVA INC 2986937 21.58 316,843 6,837,471.94
0.97 VC VISTEON CORP B4N0JJ6 123.10 55,505 6,832,665.50
0.95 BLDP BALLARD POWER SYSTEMS INC 2120371 3.71 1,798,682 6,673,110.22
0.94 FRVIA FP FORVIA 4400446 19.97 329,245 6,574,982.23
0.93 INDI INDIE SEMICONDUCTOR INC-A BP4W0C8 7.48 872,123 6,523,480.04
0.93 BB BLACKBERRY LTD BCBHZ42 3.85 1,693,205 6,518,839.25
0.92 COHR COHERENT CORP BNG8Z81 38.22 169,524 6,479,207.28
0.91 NIO NIO INC - ADR BFZX9H8 7.15 892,064 6,378,257.60
0.91 SQM QUIMICA Y-SP ADR 2771122 54.00 118,030 6,373,620.00
0.88 PLS AU PILBARA MINERALS LTD B2368L5 2.40 2,596,523 6,220,227.90
0.87 6674 JP GS YUASA CORP 6744250 14.60 416,654 6,083,611.16
0.85 AMBA AMBARELLA INC B7KH3G6 58.51 101,781 5,955,206.31
0.80 QS QUANTUMSCAPE CORP BMC73Z8 6.83 827,536 5,652,070.88
0.80 ALB ALBEMARLE CORP 2046853 126.16 44,361 5,596,583.76
0.74 LCID LUCID GROUP INC BP0TR77 4.33 1,201,228 5,201,317.24
0.73 MVIS MICROVISION INC B7N96Q0 2.69 1,909,902 5,137,636.38
0.64 IGO AU IGO LTD 6439567 5.53 818,572 4,530,330.19
0.63 LTHM LIVENT CORP BD9PM00 14.32 307,625 4,405,190.00
0.63 INVZ INNOVIZ TECHNOLOGIES LTD BMH7Z68 1.78 2,474,149 4,403,985.22
0.62 AKE AU ALLKEM LTD BLSNC78 5.63 769,716 4,331,449.82
0.57 SLI STANDARD LITHIUM LTD BF0QWN9 2.22 1,810,057 4,018,326.54
0.57 MVST MICROVAST HOLDINGS INC BN7DTZ0 1.28 3,124,566 3,999,444.48
0.56 1772 HK GANFENG LITHIU-H BZ9NS11 3.07 1,280,733 3,933,153.17
0.55 NKLA NIKOLA CORP BMBM6H7 1.02 3,818,008 3,894,368.16
0.55 PLL PIEDMONT LITHIUM INC BMGHM13 27.18 141,760 3,853,036.80
0.47 PLUG PLUG POWER INC 2508386 4.54 723,545 3,284,894.30
0.39 LAZR LUMINAR TECHNOLOGIES INC BNG96D6 2.46 1,117,768 2,749,709.28
0.38 LAC CN LITHIUM AMERICAS CORP BRBS357 6.51 406,321 2,645,279.87
0.32 LAAC CN LITHIUM AMERICAS BRBS2X8 5.54 406,321 2,251,493.89
0.16 OTHER PAYABLE & RECEIVABLES 1.00 1,102,048 1,102,048.29
0.14 CASH 1.00 971,101 971,101.13
0.01 JAPANESE YEN 0.01 5,275,938 35,730.31
0.00 HONG KONG DOLLAR 0.13 6,762 865.26
0.00 CANADIAN DOLLAR 0.74 472 348.93
0.00 BRITISH STERLING POUND 1.00 0 0.01
0.00 KOREAN WON 0.00 -1 0.00
0.00 EURO 1.08 -3,043 -3,296.92
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 10/31/23

Sector Weight (%)
Consumer Discretionary 37.3
Information Technology 27.3
Industrials 17.1
Materials 13.0
Communication Services 5.3

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Motor Vehicles 25.1
Semiconductors 16.7
Auto Parts: OEM 10.2
Electrical Products 8.3
Telecommunications Equipment 7.7
Internet Software/Services 5.5
Industrial Conglomerates 5.2
Packaged Software 3.8
Trucks/Construction/Farm Machinery 2.8
Chemicals: Specialty 2.5
Steel 2.4
Other 9.8

Source: new windowAltaVista Research, LLC

Country Weight (%)
United States 54.1
Japan 11.4
China 4.6
Canada 4.5
Germany 3.9
South Korea 3.6
Britain 3.0
Netherlands 2.7
Australia 2.5
France 2.1
Ireland 1.4
Other 6.2

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 11/30/23

Return on Equity 10.90%
Weighted Avg. Market Cap 316,894 M
2022 2023
Price-to-earnings 17.94 15.44
Price-to-book value 1.67 1.70

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 10/31/23

Versus Beta
S&P 500 1.48
NASDAQ-100 1.18
MSCI EAFE 1.38
MSCI Emg. Mkts 1.26
Standard Deviation 31.40%

Source: new windowAltaVista Research, LLC

ETF Research

Investing involves risk, including the possible loss of principal. The investable universe of companies in which DRIV may invest may be limited. The companies in which the Fund invests may be subject to rapid changes in technology, intense competition, rapid obsolescence of products and services, loss of intellectual property protections, evolving industry standards and frequent new product productions, and changes in business cycles and government regulation. There are additional risks associated with investing in mining industries.

International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. DRIV is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Solactive AG, nor does Solactive AG make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Solactive AG.