DRIV


Autonomous & Electric Vehicles ETF

Reasons to Consider DRIV

High Growth Potential

While global EV registrations surpassed 13mm units in 2023,1 EVs still accounted for less than 15% of new vehicle sales worldwide,2 highlighting the opportunity for growth.

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.3

Unconstrained Approach

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

1Reuters, Jan 2024
2Wards Intelligence, Jan 2024
3Mckinsey & Company, Jan 2023

Key Information As of 07/16/24

Inception Date 04/13/18
Total Expense Ratio 0.68%
Net Assets $538.81 million
NAV $25.42
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 07/16/24

Ticker DRIV
Bloomberg Index Ticker SOLDRIV
CUSIP 37954Y624
ISIN US37954Y6243
Primary Exchange Nasdaq
Shares Outstanding 21,200,002
Number of Holdings 75
30-Day Median Bid-Ask Spread 0.21%

Distributions As of 07/16/24

30-Day SEC Yield 0.59%
Distribution Frequency Semi-Annually

ETF Prices As of 07/16/24

NAV $25.42 Daily Change $0.28 1.11%
Market Price $25.46 Daily Change $0.37 1.47%

Performance History

As of recent month & quarter-end (06/30/24)
As of recent month & quarter-end (06/30/24)
Fund NAV Market Price Index
1 Year -8.09% -8.27% -7.99%
3 Years -4.80% -4.87% -4.63%
5 Years 13.07% 13.02% 13.29%
Since Inception 8.96% 8.94% 9.12%
1 Year -8.09% -8.27% -7.99%
3 Years -4.80% -4.87% -4.63%
5 Years 13.07% 13.02% 13.29%
Since Inception 8.96% 8.94% 9.12%
Year-to-Date -4.19% -4.04% -4.20%
1 Month -4.04% -4.20% -4.05%
3 Months -4.27% -4.16% -4.36%
Since Inception 70.48% 70.28% 72.11%
Year-to-Date -4.19% -4.04% -4.20%
1 Month -4.04% -4.20% -4.05%
3 Months -4.27% -4.16% -4.36%
Since Inception 70.48% 70.28% 72.11%

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 07/16/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
6.40 NVDA NVIDIA CORP 2379504 126.36 273,036 34,500,828.96
3.57 GOOGL ALPHABET INC-CL A BYVY8G0 183.92 104,677 19,252,193.84
3.56 QCOM QUALCOMM INC 2714923 209.64 91,498 19,181,640.72
3.50 AAPL APPLE INC 2046251 234.82 80,289 18,853,462.98
3.25 TSLA TESLA INC B616C79 256.56 68,179 17,492,004.24
3.21 MSFT MICROSOFT CORP 2588173 449.52 38,433 17,276,402.16
2.83 7203 JP TOYOTA MOTOR CORP 6900643 20.61 740,834 15,270,256.60
2.43 6501 JP HITACHI LTD 6429104 23.87 548,649 13,097,418.67
2.34 HON HONEYWELL INTL 2020459 218.47 57,756 12,617,953.32
2.02 INTC INTEL CORP 2463247 34.34 316,450 10,866,893.00
1.98 NXPI NXP SEMICONDUCTORS NV B505PN7 290.78 36,713 10,675,406.14
1.94 GM GENERAL MOTORS CO B665KZ5 49.77 209,626 10,433,086.02
1.89 COHR COHERENT CORP BNG8Z81 80.48 126,689 10,195,930.72
1.68 F FORD MOTOR CO 2615468 14.39 630,660 9,075,197.40
1.54 005380 KS HYUNDAI MOTOR CO 6451055 198.16 41,932 8,309,210.61
1.49 WAB WABTEC CORP 2955733 168.64 47,742 8,051,210.88
1.42 RNO FP RENAULT SA 4712798 54.40 141,046 7,672,214.97
1.42 000270 KS KIA CORP 6490928 88.72 86,072 7,636,346.36
1.41 ATI ATI Inc 2526117 62.06 122,287 7,589,131.22
1.41 IFX GR INFINEON TECHNOLOGIES AG 5889505 38.33 197,461 7,569,123.52
1.38 LUN CN LUNDIN MINING CORP 2866857 11.29 657,099 7,420,755.21
1.34 7267 JP HONDA MOTOR CO LTD 6435145 10.75 668,897 7,191,080.33
1.32 SITM SITIME CORP BKS48R6 163.19 43,560 7,108,556.40
1.30 ON ON SEMICONDUCTOR 2583576 78.74 89,124 7,017,623.76
1.26 CBT CABOT CORP 2162500 99.90 67,996 6,792,800.40
1.25 LCID LUCID GROUP INC BP0TR77 3.97 1,696,758 6,736,129.26
1.23 STLAM IM STELLANTIS NV BMD8KX7 20.12 330,624 6,651,326.16
1.23 ITT ITT INC BZBY209 142.72 46,395 6,621,494.40
1.22 6902 JP DENSO CORP 6640381 16.15 407,208 6,575,615.17
1.20 6674 JP GS YUASA CORP 6744250 18.38 351,203 6,454,056.83
1.17 QS QUANTUMSCAPE CORP BMC73Z8 9.14 689,079 6,298,182.06
1.15 STMPA FP STMICROELECTRONICS NV 5962332 42.08 147,191 6,193,807.53
1.12 BE BLOOM ENERGY CORP- A BDD1BB8 15.08 400,277 6,036,177.16
1.10 VOW3 GR Volkswagen AG 5497168 116.35 50,695 5,898,422.81
1.09 AMBA AMBARELLA INC B7KH3G6 65.30 89,914 5,871,384.20
1.07 HY HYSTER-YALE INC B7LG306 74.48 77,677 5,785,382.96
1.07 ENS ENERSYS B020GQ5 109.56 52,744 5,778,632.64
1.05 THRM GENTHERM INC B8JFD24 53.68 105,621 5,669,735.28
1.04 BIDU BAIDU INC - SPON ADR B0FXT17 93.73 59,733 5,598,774.09
1.03 APTV APTIV PLC B783TY6 73.41 75,495 5,542,087.95
1.00 175 HK GEELY AUTOMOBILE 6531827 1.05 5,139,700 5,404,355.43
1.00 JMAT LN JOHNSON MATTHEY PLC BZ4BQC7 21.79 246,994 5,382,157.08
0.99 INDI INDIE SEMICONDUCTOR INC-A BP4W0C8 7.42 720,819 5,348,476.98
0.96 CEVA CEVA INC 2986937 21.68 238,617 5,173,216.56
0.96 VC VISTEON CORP B4N0JJ6 115.00 44,956 5,169,940.00
0.94 LEA LEAR CORP B570P91 123.81 40,739 5,043,895.59
0.91 PLUG PLUG POWER INC 2508386 3.34 1,469,078 4,906,720.52
0.90 006400 KS SAMSUNG SDI CO LTD 6771645 259.88 18,710 4,862,371.41
0.90 SQM QUIMICA Y-SP ADR 2771122 42.62 113,449 4,835,196.38
0.89 7201 JP NISSAN MOTOR CO LTD 6642860 3.49 1,379,440 4,815,145.40
0.87 7276 JP KOITO MFG CO 6496324 14.28 329,679 4,707,324.29
0.85 AXL AMER AXLE & MFG 2382416 7.35 624,919 4,593,154.65
0.83 6781 TT ADVANCED ENERGY BMXC4S2 18.45 242,900 4,481,879.48
0.83 373220 KS LG ENERGY SOLUTION BNSP8W5 250.14 17,794 4,450,908.50
0.82 ALB ALBEMARLE CORP 2046853 97.71 45,262 4,422,550.02
0.81 APAM NA APERAM B58C6H1 27.09 161,049 4,362,619.78
0.81 CON GR CONTINENTAL AG 4598589 63.64 68,331 4,348,741.84
0.80 LAZR LUMINAR TECHNOLOGIES INC BNG96D6 2.15 1,991,188 4,281,054.20
0.79 PLS AU PILBARA MINERALS LTD B2368L5 2.02 2,116,370 4,268,825.81
0.77 1316 HK NEXTEER BBPD5F0 0.45 9,220,400 4,168,573.31
0.76 XPEV XPENG INC - ADR BMXR2T4 8.95 459,489 4,112,426.55
0.73 NIO NIO INC - ADR BFZX9H8 4.90 805,757 3,948,209.30
0.71 TOM2 NA TOMTOM NV BFY1TC8 5.36 714,182 3,825,753.01
0.71 BB BLACKBERRY LTD BCBHZ42 2.56 1,487,027 3,806,789.12
0.71 IGO AU IGO LTD 6439567 4.01 948,417 3,800,503.81
0.69 BLDP BALLARD POWER SYSTEMS INC 2120371 2.56 1,453,539 3,721,059.84
0.60 ALTM ARCADIUM LITHIUM PLC BM9HZ11 3.71 876,951 3,253,488.21
0.60 1772 HK GANFENG LITHIU-H BZ9NS11 2.24 1,437,533 3,218,268.15
0.58 LAAC CN LITHIUM AMERICAS BRBS2X8 3.42 908,442 3,103,630.73
0.56 LTM AU ARCADIUM LITHIUM PLC-CDI BS715X9 3.50 861,369 3,011,536.72
0.54 FRVIA FP FORVIA 4400446 11.99 242,233 2,905,372.96
0.53 LAC CN LITHIUM AMERICAS CORP BRBS357 3.19 899,082 2,868,188.74
0.52 MVIS MICROVISION INC B7N96Q0 1.36 2,044,976 2,781,167.36
0.52 PLL PIEDMONT LITHIUM INC BMGHM13 12.75 217,813 2,777,115.75
0.44 NKLA NIKOLA CORP BL569J1 9.97 237,156 2,363,259.54
0.18 OTHER PAYABLE & RECEIVABLES 1.00 941,457 941,457.20
0.10 CASH 1.00 518,167 518,167.45
0.00 HONG KONG DOLLAR 0.13 6,762 866.04
0.00 TAIWAN DOLLAR 0.03 1 0.03
0.00 BRITISH STERLING POUND 1.00 0 0.01
0.00 KOREAN WON 0.00 -1 0.00
0.00 JAPANESE YEN 0.01 -291,747 -1,839.57
0.00 EURO 1.09 -3,921 -4,265.34
-0.01 CANADIAN DOLLAR 0.73 -33,377 -24,365.62
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 06/30/24

Sector Weight (%)
Information Technology 33.8
Consumer Discretionary 33.7
Industrials 16.5
Materials 10.6
Communication Services 4.9
Energy 0.6

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Semiconductors 24.6
Automobiles 22.2
Auto Components 10.6
Electrical Equipment 9.7
Technology 8.4
Metals & Mining 6.5
Industrial Conglomerates 5.5
Machinery 4.7
Media 4.3
Chemicals 3.5

Source: new windowAltaVista Research, LLC

Country Weight (%)
United States 57.9
Japan 11.6
South Korea 5.3
Canada 4.0
Germany 3.4
China 3.0
Netherlands 2.8
Britain 2.3
France 2.1
Australia 1.6
Switzerland 1.2
Other 4.8

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 07/16/24

Return on Equity 11.90%
Weighted Avg. Market Cap 406,699 M
2023 2024
Price-to-earnings 16.80 15.07
Price-to-book value 1.87 1.73

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 06/30/24

Versus Beta
S&P 500 1.41
NASDAQ-100 1.11
MSCI EAFE 1.37
MSCI Emg. Mkts 1.16
Standard Deviation 29.40%

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.

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.