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 09/17/24

Inception Date 04/13/18
Total Expense Ratio 0.68%
Net Assets $424.79 million
NAV $22.06
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 09/17/24

Ticker DRIV
Bloomberg Index Ticker SOLDRIV
CUSIP 37954Y624
ISIN US37954Y6243
Primary Exchange Nasdaq
Shares Outstanding 19,260,002
Number of Holdings 75
30-Day Median Bid-Ask Spread 0.23%

Distributions As of 09/17/24

30-Day SEC Yield 1.09%
Distribution Frequency Semi-Annually

ETF Prices As of 09/17/24

NAV $22.06 Daily Change $0.15 0.68%
Market Price $22.09 Daily Change $0.19 0.87%

Performance History

As of recent
(06/30/24)
As of recent
(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 -7.28% -7.30% -7.09%
3 Years -6.32% -6.41% -6.18%
5 Years 13.74% 13.66% 13.97%
Since Inception 8.15% 8.11% 8.32%
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 -7.29% -7.23% -7.24%
1 Month -2.69% -2.91% -2.69%
3 Months -7.14% -7.38% -7.10%
Since Inception 64.97% 64.62% 66.65%

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 09/17/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
3.27 MSFT MICROSOFT CORP 2588173 435.15 31,891 13,877,368.65
3.08 TSLA TESLA INC B616C79 227.87 57,375 13,074,041.25
3.07 NVDA NVIDIA CORP 2379504 115.59 112,857 13,045,140.63
2.92 GOOGL ALPHABET INC-CL A BYVY8G0 159.32 77,791 12,393,662.12
2.78 7203 JP TOYOTA MOTOR CORP 6900643 16.98 696,076 11,818,629.24
2.77 QCOM QUALCOMM INC 2714923 168.70 69,680 11,755,016.00
2.65 HON HONEYWELL INTL 2020459 204.24 55,085 11,250,560.40
2.44 6501 JP HITACHI LTD 6429104 24.06 429,764 10,341,873.89
1.79 INTC INTEL CORP 2463247 21.47 354,160 7,603,815.20
1.75 GM GENERAL MOTORS CO B665KZ5 47.52 156,362 7,430,322.24
1.64 NXPI NXP SEMICONDUCTORS NV B505PN7 232.57 30,035 6,985,239.95
1.59 7267 JP HONDA MOTOR CO LTD 6435145 10.28 657,266 6,757,958.87
1.58 WAB WABTEC CORP 2955733 174.13 38,636 6,727,686.68
1.50 IFX GR INFINEON TECHNOLOGIES AG 5889505 33.36 190,672 6,360,187.69
1.50 373220 KS LG ENERGY SOLUTION BNSP8W5 300.49 21,157 6,357,443.78
1.48 NIO NIO INC - ADR BFZX9H8 5.41 1,158,218 6,265,959.38
1.44 ON ON SEMICONDUCTOR 2583576 71.42 85,719 6,122,050.98
1.39 F FORD MOTOR CO 2615468 10.90 540,035 5,886,381.50
1.37 005380 KS HYUNDAI MOTOR CO 6451055 178.26 32,663 5,822,588.19
1.36 175 HK GEELY AUTOMOBILE 6531827 1.16 4,952,300 5,763,660.76
1.35 CBT CABOT CORP 2162500 107.42 53,526 5,749,762.92
1.35 006400 KS SAMSUNG SDI CO LTD 6771645 274.54 20,932 5,746,656.64
1.35 APTV APTIV PLC B783TY6 70.22 81,527 5,724,825.94
1.35 BIDU BAIDU INC - SPON ADR B0FXT17 85.39 66,925 5,714,725.75
1.33 XPEV XPENG INC - ADR BMXR2T4 9.05 623,493 5,642,611.65
1.31 ITT ITT INC BZBY209 139.14 39,854 5,545,285.56
1.30 6902 JP DENSO CORP 6640381 14.19 388,672 5,517,192.25
1.30 CEVA CEVA INC 2986937 23.26 236,703 5,505,711.78
1.30 ATI ATI Inc 2526117 61.84 89,028 5,505,491.52
1.29 4061 JP DENKA CO LTD 6309820 15.24 359,736 5,483,432.20
1.28 6674 JP GS YUASA CORP 6744250 20.33 267,449 5,437,497.40
1.27 COHR COHERENT CORP BNG8Z81 77.92 69,310 5,400,635.20
1.25 VOW3 GR Volkswagen AG 5497168 102.70 51,722 5,311,902.10
1.25 LCID LUCID GROUP INC BP0TR77 3.78 1,405,031 5,311,017.18
1.23 000270 KS KIA CORP 6490928 75.59 69,173 5,228,948.10
1.23 STLAM IM STELLANTIS NV BMD8KX7 15.18 343,370 5,210,979.33
1.21 ALB ALBEMARLE CORP 2046853 89.82 57,280 5,144,889.60
1.17 SITM SITIME CORP BKS48R6 153.47 32,336 4,962,605.92
1.17 CON GR CONTINENTAL AG 4598589 60.52 81,945 4,959,070.89
1.16 JMAT LN JOHNSON MATTHEY PLC BZ4BQC7 21.24 232,472 4,938,516.41
1.15 ENS ENERSYS B020GQ5 101.16 48,355 4,891,591.80
1.15 PLS AU PILBARA MINERALS LTD B2368L5 1.93 2,532,020 4,880,730.05
1.14 TOM2 NA TOMTOM NV BFY1TC8 5.52 881,010 4,859,217.26
1.14 7276 JP KOITO MFG CO 6496324 13.85 349,166 4,834,435.57
1.13 THRM GENTHERM INC B8JFD24 49.54 96,995 4,805,132.30
1.13 5301 JP TOKAI CARBON CO LTD 6894003 5.84 822,844 4,802,173.44
1.13 APAM NA APERAM B58C6H1 27.17 176,542 4,795,928.05
1.13 BB BLACKBERRY LTD BCBHZ42 2.42 1,975,654 4,781,082.68
1.12 SQM QUIMICA Y-SP ADR 2771122 38.42 124,155 4,770,035.10
1.12 LEA LEAR CORP B570P91 107.37 44,233 4,749,297.21
1.09 1772 HK GANFENG LITHIU-H BZ9NS11 2.05 2,261,433 4,642,884.57
1.02 RNO FP RENAULT SA 4712798 43.86 98,638 4,326,632.34
1.02 IGO AU IGO LTD 6439567 3.50 1,230,864 4,312,336.34
1.00 HY HYSTER-YALE INC B7LG306 60.88 70,009 4,262,147.92
1.00 VC VISTEON CORP B4N0JJ6 93.57 45,541 4,261,271.37
1.00 AXL AMER AXLE & MFG 2382416 6.13 693,332 4,250,125.16
1.00 AMBA AMBARELLA INC B7KH3G6 54.32 77,820 4,227,182.40
0.99 LUN CN LUNDIN MINING CORP 2866857 9.24 456,906 4,222,921.64
0.99 6781 TT ADVANCED ENERGY BMXC4S2 15.28 274,200 4,189,740.21
0.98 STMPA FP STMICROELECTRONICS NV 5962332 28.45 146,661 4,171,808.14
0.98 LAC CN LITHIUM AMERICAS CORP BRBS357 2.44 1,702,867 4,147,680.03
0.95 7201 JP NISSAN MOTOR CO LTD 6642860 2.70 1,493,476 4,033,402.25
0.89 FRVIA FP FORVIA 4400446 9.27 408,234 3,784,788.59
0.86 ALGM ALLEGRO MICROSYSTEMS INC BN4LSB6 22.96 158,307 3,634,728.72
0.82 QS QUANTUMSCAPE CORP BMC73Z8 6.00 583,590 3,501,540.00
0.82 ALTM ARCADIUM LITHIUM PLC BM9HZ11 2.47 1,412,156 3,488,025.32
0.82 BE BLOOM ENERGY CORP- A BDD1BB8 10.09 345,662 3,487,729.58
0.78 LTR AU LIONTOWN RESOURCES LTD B1J89V5 0.44 7,548,958 3,318,739.48
0.78 BLDP BALLARD POWER SYSTEMS INC 2120371 1.70 1,935,447 3,290,259.90
0.77 PLUG PLUG POWER INC 2508386 2.09 1,554,909 3,249,759.81
0.76 1316 HK NEXTEER BBPD5F0 0.31 10,459,700 3,221,177.44
0.63 NKLA NIKOLA CORP BL569J1 5.26 508,490 2,674,657.40
0.62 INDI INDIE SEMICONDUCTOR INC-A BP4W0C8 3.81 690,046 2,629,075.26
0.52 MBLY MOBILEYE GLOBAL INC-A BLFH8G4 11.84 185,742 2,199,185.28
0.49 OTHER PAYABLE & RECEIVABLES 1.00 2,075,417 2,075,416.69
0.48 LAZR LUMINAR TECHNOLOGIES INC BNG96D6 0.81 2,501,491 2,023,706.22
0.00 HONG KONG DOLLAR 0.13 6,762 867.68
0.00 KOREAN WON 0.00 -2 0.00
0.00 TAIWAN DOLLAR 0.00 0 0.00
0.00 JAPANESE YEN 0.01 -291,747 -2,058.83
0.00 EURO 1.11 -3,921 -4,361.57
-0.01 CANADIAN DOLLAR 0.74 -33,377 -24,561.05
-0.16 CASH 1.00 -661,294 -661,293.99
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 08/31/24

Sector Weight (%)
Consumer Discretionary 36.8
Information Technology 26.4
Industrials 17.0
Materials 15.7
Communication Services 4.2

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Automobiles & Components 33.9
Semiconductors & Semiconductor Equipment 18.8
Materials 18.3
Capital Goods 13.4
Technology Hardware & Equipment 6.0
Media & Entertainment 4.3
Software & Services 4.2
Consumer Durables & Apparel 1.2

Source: new windowAltaVista Research, LLC

Country Weight (%)
United States 50.9
Japan 14.3
South Korea 5.4
China 4.7
Germany 4.1
Canada 4.0
Netherlands 2.9
Britain 2.5
Australia 2.3
France 2.0
Ireland 1.4
Other 5.5

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 09/17/24

Return on Equity 8.30%
Weighted Avg. Market Cap 219,441 M
2023 2024
Price-to-earnings 14.87 14.68
Price-to-book value 1.25 1.18

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 08/31/24

Versus Beta
S&P 500 1.41
NASDAQ-100 1.11
MSCI EAFE 1.34
MSCI Emg. Mkts 1.23
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.