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DRIV

Autonomous & Electric Vehicles ETF

Invest in DRIV
Overview Prices & Performance Holdings & Characteristics Research Documents

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
2US Office of Energy Efficiency & Renewable Energy, Jan 2020

Key Information As of 03/23/23

Inception Date 04/13/18
Total Expense Ratio 0.68%
Net Assets $838.26 million
NAV $22.84
Fact Sheet

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 03/23/23

Ticker DRIV
Bloomberg Index Ticker SOLDRIV
CUSIP 37954Y624
ISIN US37954Y6243
Primary Exchange Nasdaq
Shares Outstanding 36,700,002
Number of Holdings 75
30-Day Median Bid-Ask Spread 0.17%

Distributions As of 03/23/23

30-Day SEC Yield 0.70%
Distribution Frequency Semi-Annually
 Distribution History

ETF Prices As of 03/23/23

NAV $22.84 Daily Change $0.27 1.20%
Market Price $22.72 Daily Change $0.20 0.89%

Performance History

Premium Discount Chart
As of recent
(12/31/22)
As of recent
(12/31/22)
Fund NAV Market Price Index
1 Year -33.63% -34.14% -33.57%
3 Years 11.27% 11.01% 11.62%
Since Inception 7.66% 7.50% 7.85%
1 Year -13.86% -13.75% -13.89%
3 Years 20.34% 20.17% 20.69%
Since Inception 10.90% 10.88% 11.10%
Year-to-Date -33.63% -34.14% -33.57%
1 Month -11.97% -13.23% -12.02%
3 Months -0.35% -0.56% -0.33%
Since Inception 41.67% 40.69% 42.87%
Year-to-Date 16.99% 17.66% 17.01%
1 Month -1.35% -1.60% -1.41%
3 Months 2.98% 2.09% 2.94%
Since Inception 65.75% 65.54% 67.18%

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 03/23/23

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
4.79 NVDA NVIDIA CORP 2379504 271.91 147,769 40,179,868.79
4.53 TSLA TESLA INC B616C79 192.22 197,475 37,958,644.50
3.47 AAPL APPLE INC 2046251 158.93 182,763 29,046,523.59
3.37 GOOGL ALPHABET INC-CL A BYVY8G0 105.60 267,488 28,246,732.80
2.97 QCOM QUALCOMM INC 2714923 124.15 200,444 24,885,122.60
2.77 7203 JP TOYOTA MOTOR CORP 6900643 13.64 1,703,258 23,235,406.28
2.67 INTC INTEL CORP 2463247 29.03 771,590 22,399,257.70
2.52 HON HONEYWELL INTL 2020459 186.92 112,805 21,085,510.60
2.25 MSFT MICROSOFT CORP 2588173 277.66 68,023 18,887,266.18
1.82 IFX GR INFINEON TECHNOLOGIES AG 5889505 39.08 390,482 15,261,741.08
1.67 NXPI NXP SEMICONDUCTORS NV B505PN7 182.04 77,085 14,032,553.40
1.67 STMPA FP STMICROELECTRONICS NV 5962332 51.38 272,084 13,980,946.28
1.67 ON ON SEMICONDUCTOR 2583576 80.97 172,545 13,970,968.65
1.66 BIDU BAIDU INC - SPON ADR B0FXT17 150.91 92,035 13,889,001.85
1.65 6501 JP HITACHI LTD 6429104 52.39 264,527 13,858,916.76
1.59 STLAM IM STELLANTIS NV BMD8KX7 17.62 755,105 13,305,018.02
1.54 7267 JP HONDA MOTOR CO LTD 6435145 25.89 498,732 12,910,418.05
1.53 GM GENERAL MOTORS CO B665KZ5 33.74 379,307 12,797,818.18
1.46 F FORD MOTOR CO 2615468 11.42 1,069,254 12,210,880.68
1.45 INDI INDIE SEMICONDUCTOR INC-A BP4W0C8 10.94 1,110,719 12,151,265.86
1.41 APTV APTIV PLC B783TY6 107.70 109,491 11,792,180.70
1.39 HY HYSTER-YALE MATERIALS B7LG306 46.48 250,514 11,643,890.72
1.33 000270 KS KIA CORP 6490928 61.33 181,462 11,128,893.34
1.31 373220 KS LG ENERGY SOLUTION BNSP8W5 449.80 24,315 10,936,852.19
1.27 6902 JP DENSO CORP 6640381 54.26 196,040 10,637,446.62
1.25 005380 KS HYUNDAI MOTOR CO 6451055 141.20 74,449 10,512,022.92
1.22 VOW3 GR Volkswagen AG 5497168 133.27 76,691 10,220,789.72
1.19 ALB ALBEMARLE CORP 2046853 215.64 46,294 9,982,838.16
1.19 6752 JP PANASONIC HOLDINGS CORP 6572707 8.66 1,151,884 9,980,444.60
1.14 7201 JP NISSAN MOTOR CO LTD 6642860 3.68 2,600,771 9,583,512.06
1.10 LAZR LUMINAR TECHNOLOGIES INC BNG96D6 6.80 1,359,482 9,244,477.60
1.10 WAB WABTEC CORP 2955733 95.49 96,800 9,243,432.00
1.09 ATI ATI Inc 2526117 37.76 242,528 9,157,857.28
1.06 TOM2 NA TOMTOM NV BFY1TC8 8.35 1,067,797 8,918,948.66
1.06 VC VISTEON CORP B4N0JJ6 154.56 57,405 8,872,516.80
1.05 SQM QUIMICA Y-SP ADR 2771122 81.06 108,231 8,773,204.86
1.04 CON GR CONTINENTAL AG 4598589 72.33 120,028 8,681,825.35
1.03 LEA LEAR CORP B570P91 136.58 63,341 8,651,113.78
1.02 EO FP FAURECIA 4400446 20.48 418,584 8,572,067.17
1.02 6781 TT ADVANCED ENERGY BMXC4S2 26.41 322,600 8,520,507.16
1.02 RNO FP RENAULT SA 4712798 40.08 212,577 8,519,099.61
1.00 XPEV XPENG INC - ADR BMXR2T4 9.91 842,511 8,349,284.01
0.98 6674 JP GS YUASA CORP 6744250 17.54 469,638 8,235,111.92
0.97 CBT CABOT CORP 2162500 72.46 112,336 8,139,866.56
0.97 ENS ENERSYS B020GQ5 81.12 100,004 8,112,324.48
0.96 LCID LUCID GROUP INC BP0TR77 8.19 984,343 8,061,769.17
0.95 ITT ITT INC BZBY209 81.13 98,346 7,978,810.98
0.95 BB BLACKBERRY LTD BCBHZ42 3.83 2,080,522 7,968,399.26
0.94 LAC CN LITHIUM AMERICAS CORP BF4X225 20.72 381,316 7,900,463.28
0.94 QS QUANTUMSCAPE CORP BMC73Z8 7.54 1,039,096 7,834,783.84
0.93 NIO NIO INC - ADR BFZX9H8 9.27 843,339 7,817,752.53
0.92 APAM NA APERAM B58C6H1 35.99 214,085 7,705,260.16
0.91 CEVA CEVA INC 2986937 29.25 259,574 7,592,539.50
0.90 AMBA AMBARELLA INC B7KH3G6 79.41 94,814 7,529,179.74
0.90 JMAT LN JOHNSON MATTHEY PLC BZ4BQC7 24.09 311,869 7,512,461.90
0.86 175 HK GEELY AUTOMOBILE 6531827 1.29 5,619,000 7,229,817.70
0.85 BLDP BALLARD POWER SYSTEMS INC 2120371 5.38 1,325,895 7,133,315.10
0.84 COHR COHERENT CORP BNG8Z81 34.67 203,887 7,068,762.29
0.84 LTHM LIVENT CORP BD9PM00 20.34 345,779 7,033,144.86
0.82 PLS AU PILBARA MINERALS LTD B2368L5 2.30 2,979,214 6,865,932.07
0.78 SLI STANDARD LITHIUM LTD BF0QWN9 3.33 1,971,953 6,566,603.49
0.78 IGO AU IGO LTD 6439567 7.96 824,708 6,560,781.77
0.78 1316 HK NEXTEER BBPD5F0 0.63 10,349,800 6,552,926.35
0.78 PLL PIEDMONT LITHIUM INC BMGHM13 51.31 127,645 6,549,464.95
0.77 AXL AMER AXLE & MFG 2382416 7.43 872,598 6,483,403.14
0.77 LUN CN LUNDIN MINING CORP 2866857 5.74 1,128,776 6,478,954.42
0.77 MVIS MICROVISION INC B7N96Q0 2.11 3,040,322 6,415,079.42
0.76 THRM GENTHERM INC B8JFD24 57.39 111,057 6,373,561.23
0.76 1772 HK GANFENG LITHIU-H BZ9NS11 6.29 1,011,333 6,364,555.36
0.76 AKE AU ALLKEM LTD BLSNC78 6.71 944,198 6,337,708.30
0.76 BE BLOOM ENERGY CORP- A BDD1BB8 18.30 345,673 6,325,815.90
0.72 PLUG PLUG POWER INC 2508386 11.49 522,130 5,999,273.70
0.68 INVZ INNOVIZ TECHNOLOGIES LTD BMH7Z68 3.55 1,610,741 5,718,130.55
0.62 MVST MICROVAST HOLDINGS INC BN7DTZ0 1.20 4,324,330 5,189,196.00
0.52 NKLA NIKOLA CORP BMBM6H7 1.41 3,099,106 4,369,739.46
0.24 CASH 1.00 2,046,100 2,046,100.39
0.00 HONG KONG DOLLAR 0.13 6,762 861.43
0.00 CANADIAN DOLLAR 0.73 472 345.30
0.00 BRITISH STERLING POUND 1.00 0 0.01
0.00 KOREAN WON 0.00 -2 0.00
0.00 JAPANESE YEN 0.01 -291,743 -2,227.13
0.00 EURO 1.09 -3,043 -3,313.50
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 02/28/23

Sector Weight (%)
Consumer Discretionary 38.3
Information Technology 26.8
Industrials 16.7
Materials 13.9
Communication Services 4.3

Source: AltaVista Research, LLC

Country Breakdown As of 02/28/23

Country Weight (%)
United States 55.7
Japan 10.3
Canada 4.7
China 4.1
Germany 3.9
South Korea 3.5
Australia 2.7
Netherlands 2.6
Britain 2.5
France 2.2
Switzerland 1.5
Other/Cash 6.3

Source: AltaVista Research, LLC

ETF Characteristics As of 03/23/23

Return on Equity 14.10%
Weighted Avg. Market Cap 220,434 M
2022 2023
Price-to-earnings 18.18 15.02
Price-to-book value 2.19 2.05

Source: AltaVista Research, LLC

ETF Risk Stats As of 02/28/23

Versus Beta
S&P 500 1.39
MSCI EAFE 1.38
MSCI Emg. Mkts 1.14
Standard Deviation 32.80%

Source: AltaVista Research, LLC

ETF Research

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CES 2023 Recap – Electric Mobility and the Metaverse Make the Leap

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ETF Documents

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.

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