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

DRIV enables investors to access high growth potential through companies critical to the development of autonomous and electric vehicles – a potentially transformative economic innovation.

Unconstrained Approach

DRIV's composition transcends classic sector, industry, and geographic classifications by tracking an emerging technological theme.

ETF Efficiency

In a single trade, DRIV delivers access to dozens of companies with high exposure to the autonomous and electric vehicles theme.

Fund Details As of 10/27/20

Key Facts

Ticker DRIV
Inception Date 04/13/18
CUSIP 37954Y624
ISIN US37954Y6243
Bloomberg Index Ticker SOLDRIV
Primary Exchange Nasdaq
Number of Holdings 75

Stats & Fees

Net Assets $59,849,383
NAV $17.87
Shares Outstanding 3,350,002
Total Expense Ratio 0.68%

Distributions

30-Day SEC Yield 0.57%
Distribution Frequency Semi-Annually

Fund Prices As of 10/27/20

NAV Price 30-Day Median Bid-Ask Spread
Net Asset Value $17.87 Market Price $17.82 0.17%
Daily Change -$0.02 -0.13% Daily Change -$0.07 -0.39%  

Performance History

Cumulative %

Data as of month-end (09/30/20)

Fund NAV Market Price Index
Year-to-Date 14.17% 14.44% 14.39%
1 Month -2.77% -2.71% -2.72%
3 Months 15.89% 16.08% 16.02%
6 Months 51.65% 52.69% 51.95%
Since Inception 17.39% 17.68% 17.54%

Avg Annualized %

Data as of month-end (09/30/20)

Fund NAV Market Price Index
1 Year 29.39% 29.50% 29.69%
Since Inception 6.73% 6.83% 6.76%

Avg Annualized %

Data as of quarter-end (09/30/20)

Fund NAV Market Price Index
1 Year 29.39% 29.50% 29.69%
Since Inception 6.73% 6.83% 6.76%

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.

Fund Characteristics As of 10/27/20

Return on Equity 1.50%
Weighted Avg. Market Cap 218,594 M
2019 2020
Price-to-earnings 21.65 114.88
Price-to-book value 1.71 1.72

Source: AltaVista Research, LLC

Fund Risk Stats As of 10/27/20

Versus Beta
S&P 500 1.32
MSCI EAFE 1.46
MSCI Emg. Mkts 1.11
Standard Deviation 26.80%

Source: AltaVista Research, LLC

Sector Breakdown As of 09/30/20

% of Net Assets
Consumer Discretionary 36.0
Information Technology 33.8
Industrials 12.4
Materials 12.3
Communication Services 5.4
Other/Cash 0.1

Source: AltaVista Research, LLC

Country Breakdown As of 09/30/20

% of Net Assets
United States 61.0
Japan 8.0
China 5.1
South Korea 5.1
Germany 4.2
Netherlands 3.4
Ireland 2.7
Canada 2.3
Britain 2.1
Australia 1.7
Chile 1.0
Other/Cash 3.4

Source: AltaVista Research, LLC

Top 10 Holdings As of 10/27/20

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
3.66 TSLA TESLA INC B616C79 424.68 5,389 2,288,600.52
3.49 NVDA NVIDIA CORP 2379504 535.87 4,074 2,183,134.38
3.19 AAPL APPLE INC 2046251 116.60 17,092 1,992,927.20
3.18 QCOM QUALCOMM INC 2714923 125.91 15,782 1,987,111.62
2.81 GOOGL ALPHABET INC-CL A BYVY8G0 1,598.88 1,100 1,758,768.00
2.73 MSFT MICROSOFT CORP 2588173 213.25 8,012 1,708,559.00
2.69 7203 JP TOYOTA MOTOR CORP 6900643 66.63 25,250 1,682,527.64
2.43 AMD ADVANCED MICRO DEVICES 2007849 78.88 19,224 1,516,389.12
2.12 CSCO CISCO SYSTEMS INC 2198163 36.87 35,980 1,326,582.60
2.07 005930 KS SAMSUNG ELECTRON 6771720 53.13 24,386 1,295,560.41
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.