DRIV


Autonomous & Electric Vehicles ETF

Fund 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.

Fund 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.

Why DRIV?

High Growth Potential

While global EV registrations increased by more than 40% in 2020, EVs were still less than 5% of new cars sold, highlighting substantial room for further adoption.1

Sustainable Theme

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.

1International Energy Agency, “Global EV Outlook 2021”
2US Office of Energy Efficiency & Renewable Energy, “Reducing Pollution with Electric Vehicles” & National Highway Traffic Safety Administration, “Automated Vehicles for Safety”

Fund Details As of 05/12/21

Key Facts

Ticker DRIV
Inception Date 04/13/18
CUSIP 37954Y624
ISIN US37954Y6243
Bloomberg Index Ticker SOLDRIV
Primary Exchange Nasdaq
Number of Holdings 76

Stats & Fees

Net Assets $857,860,269
Net Asset Value (NAV) $25.68
Shares Outstanding 33,400,002
Total Expense Ratio 0.68%

Distributions

30-Day SEC Yield 0.31%
Distribution Frequency Semi-Annually

Fund Prices As of 05/12/21

NAV $25.68 Daily Change -$0.79 -2.98%
Market Price $25.55 Daily Change -$0.84 -3.18%
30-Day Median Bid-Ask Spread 0.11%

Performance History

As of recent
(03/31/21)
As of recent
(03/31/21)
Fund NAV Market Price Index
1 Year 138.34% 140.13% 139.35%
Since Inception 22.96% 23.08% 23.07%
1 Year 113.46% 113.63% 114.27%
3 Years 24.15% 24.07% 24.31%
Since Inception 23.00% 23.00% 23.13%
Year-to-Date 10.62% 10.72% 10.74%
1 Month -0.19% 0.15% -0.10%
3 Months 10.62% 10.72% 10.74%
Since Inception 84.50% 85.07% 85.15%
Year-to-Date 12.67% 12.43% 12.81%
1 Month 1.85% 1.54% 1.87%
3 Months 4.30% 4.05% 4.39%
Since Inception 87.92% 87.92% 88.61%

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 of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Fund Characteristics As of 05/11/21

Return on Equity 11.20%
Weighted Avg. Market Cap 292,704 M
2020 2021
Price-to-earnings 60.55 21.23
Price-to-book value 2.48 2.27

Source: AltaVista Research, LLC

Fund Risk Stats As of 05/11/21

Versus Beta
S&P 500 1.35
MSCI EAFE 1.42
MSCI Emg. Mkts 1.21
Standard Deviation 28.40%

Source: AltaVista Research, LLC

Sector Breakdown As of 04/30/21

% of Net Assets
Consumer Discretionary 33.1
Information Technology 32.9
Materials 15.8
Industrials 11.7
Communication Services 6.5

Source: AltaVista Research, LLC

Country Breakdown As of 04/30/21

% of Net Assets
United States 63.2
Japan 8.2
Germany 4.3
China 4.2
Netherlands 3.3
Ireland 2.9
Canada 2.9
South Korea 2.2
Britain 2.1
Australia 2.1
Belgium 1.1
Other/Cash 3.5

Source: AltaVista Research, LLC

Top Holdings As of 05/12/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
3.90 GOOGL ALPHABET INC-CL A BYVY8G0 2,200.25 15,174 33,386,593.50
3.44 MSFT MICROSOFT CORP 2588173 239.00 123,046 29,407,994.00
3.15 NVDA NVIDIA CORP 2379504 550.34 49,032 26,984,270.88
3.11 INTC INTEL CORP 2463247 53.62 496,504 26,622,544.48
2.94 AAPL APPLE INC 2046251 122.77 205,273 25,201,366.21
2.94 7203 JP TOYOTA MOTOR CORP 6900643 77.92 322,721 25,147,895.62
2.49 QCOM QUALCOMM INC 2714923 124.62 171,132 21,326,469.84
2.32 CSCO CISCO SYSTEMS INC 2198163 51.60 384,042 19,816,567.20
2.24 GE GENERAL ELECTRIC CO 2380498 12.82 1,492,139 19,129,221.98
2.15 HON HONEYWELL INTL 2020459 219.11 84,052 18,416,633.72
2.15 TSLA TESLA INC B616C79 589.89 31,166 18,384,511.74
2.04 FCX FREEPORT-MCMORAN INC 2352118 42.75 408,876 17,479,449.00
2.01 MU MICRON TECHNOLOGY INC 2588184 76.80 224,480 17,240,064.00
1.96 GM GENERAL MOTORS CO B665KZ5 53.76 311,536 16,748,175.36
1.84 VOW3 GR Volkswagen AG 5497168 248.28 63,380 15,736,125.30
1.68 JCI JOHNSON CONTROLS BY7QL61 63.07 227,617 14,355,804.19
1.61 F FORD MOTOR CO 2615468 11.33 1,216,181 13,779,330.73
1.61 AMD ADVANCED MICRO DEVICES 2007849 74.64 184,368 13,761,227.52
1.60 NXPI NXP SEMICONDUCTORS NV B505PN7 182.78 74,892 13,688,759.76
1.55 7267 JP HONDA MOTOR CO LTD 6435145 30.04 440,192 13,224,876.91
1.41 IFX GR INFINEON TECHNOLOGIES AG 5889505 36.79 328,541 12,086,852.35
1.34 BIDU BAIDU INC - SPON ADR B0FXT17 183.29 62,672 11,487,150.88
1.32 6902 JP DENSO CORP 6640381 64.42 175,691 11,318,114.61
1.27 APTV APTIV PLC B783TY6 134.37 81,190 10,909,500.30
1.27 000270 KS KIA CORP 6490928 73.89 146,910 10,855,129.15
1.26 LUN CN LUNDIN MINING CORP 2866857 11.91 904,993 10,774,171.55
1.22 ORE AU OROCOBRE LTD B293GJ4 5.30 1,974,740 10,466,089.87
1.22 BWA BORGWARNER INC 2111955 49.75 210,233 10,459,091.75
1.19 JMAT LN JOHNSON MATTHEY PLC BZ4BQC7 45.66 222,418 10,155,657.87
1.15 MXIM MAXIM INTEGRATED PRODUCTS 2573760 89.93 109,405 9,838,791.65
1.14 STLA IM STELLANTIS NV BMD8KX7 17.78 548,446 9,750,416.03
1.13 005380 KS HYUNDAI MOTOR CO 6451055 202.29 47,708 9,650,620.19
1.13 UMI BB UMICORE BF44466 60.43 159,462 9,636,003.91
1.12 APAM NA APERAM B58C6H1 56.29 170,505 9,597,070.43
1.11 ITT ITT INC BZBY209 93.63 101,090 9,465,056.70
1.10 6752 JP PANASONIC CORP 6572707 11.11 850,209 9,448,494.08
1.10 CBT CABOT CORP 2162500 60.10 156,898 9,429,569.80
1.10 CRS CARPENTER TECHNOLOGY 2177504 41.31 226,993 9,377,080.83
1.09 XLNX XILINX INC 2985677 116.87 79,938 9,342,354.06
1.09 HOG HARLEY-DAVIDSON INC 2411053 45.08 206,488 9,308,479.04
1.09 LEA LEAR CORP B570P91 179.20 51,926 9,305,139.20
1.09 ATI ALLEGHENY TECH 2526117 22.52 412,564 9,290,941.28
1.07 NIO NIO INC - ADR BFZX9H8 33.68 270,837 9,121,790.16
1.06 ON ON SEMICONDUCTOR CORP 2583576 35.67 253,138 9,029,432.46
1.03 PLS AU PILBARA MINERALS LTD B2368L5 0.93 9,526,822 8,821,336.53
1.02 YNDX YANDEX NV-A B5BSZB3 61.57 142,361 8,765,166.77
1.02 ALV AUTOLIV INC 2064253 96.83 89,986 8,713,344.38
1.02 CON GR CONTINENTAL AG 4598589 136.87 63,612 8,706,522.33
1.02 DAN DANA INC B2PFJR3 25.11 346,577 8,702,548.47
1.00 WAB WABTEC CORP 2955733 77.72 110,639 8,598,863.08
0.98 SQM QUIMICA Y-SP ADR 2771122 51.48 162,409 8,360,815.32
0.97 ALB ALBEMARLE CORP 2046853 154.60 53,446 8,262,751.60
0.96 BB BLACKBERRY LTD BCBHZ42 7.95 1,035,055 8,228,687.25
0.96 AXL AMER AXLE & MFG 2382416 10.04 816,281 8,195,461.24
0.93 7201 JP NISSAN MOTOR CO LTD 6642860 4.76 1,674,610 7,969,229.76
0.93 ROG ROGERS CORP 2746700 175.84 45,280 7,962,035.20
0.93 VNE VEONEER INC BZ19F50 21.45 370,600 7,949,370.00
0.89 THRM GENTHERM INC B8JFD24 69.37 110,054 7,634,445.98
0.86 ENS ENERSYS B020GQ5 84.92 86,939 7,382,859.88
0.86 RNO FP RENAULT SA 4712798 39.43 186,743 7,364,045.77
0.83 HY HYSTER-YALE MATERIALS B7LG306 71.89 99,240 7,134,363.60
0.79 AMBA AMBARELLA INC B7KH3G6 84.23 80,336 6,766,701.28
0.75 1772 HK GANFENG LITHIUM CO LTD-H BZ9NS11 12.05 534,424 6,441,123.40
0.73 6674 JP GS YUASA CORP 6744250 25.79 241,486 6,228,406.91
0.72 VC VISTEON CORP B4N0JJ6 112.60 54,621 6,150,324.60
0.70 LTHM LIVENT CORP BD9PM00 16.40 365,389 5,992,379.60
0.70 1211 HK BYD CO LTD-H 6536651 19.17 311,530 5,973,025.80
0.69 IIVI II-VI INC 2452698 60.42 97,745 5,905,752.90
0.68 CEVA CEVA INC 2986937 42.47 136,928 5,815,332.16
0.68 175 HK GEELY AUTOMOBILE 6531827 2.36 2,456,700 5,807,973.42
0.67 TOM2 NA TOMTOM NV BFY1TC8 8.41 679,334 5,713,824.96
0.51 BE BLOOM ENERGY CORP- A BDD1BB8 19.31 225,001 4,344,769.31
0.42 CBAT CBAK ENERGY TECH BZ02DS9 3.49 1,025,995 3,580,722.55
0.42 PLUG PLUG POWER INC 2508386 22.24 160,014 3,558,711.36
0.41 BLDP BALLARD POWER SYSTEMS INC 2120371 14.39 243,570 3,503,754.45
0.13 CASH 1.00 1,108,501 1,108,425.84
0.06 EO IM FAURECIA S.E. BGPK545 52.82 9,055 478,288.03
Holdings are subject to change.


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.