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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 03/16/23

Inception Date 04/13/18
Total Expense Ratio 0.68%
Net Assets $833.72 million
NAV $22.49
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 03/16/23

Ticker DRIV
Bloomberg Index Ticker SOLDRIV
CUSIP 37954Y624
ISIN US37954Y6243
Primary Exchange Nasdaq
Shares Outstanding 37,070,002
Number of Holdings 75
30-Day Median Bid-Ask Spread 0.17%

Distributions As of 03/16/23

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

ETF Prices As of 03/16/23

NAV $22.49 Daily Change $0.38 1.72%
Market Price $22.55 Daily Change $0.49 2.22%

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 03/16/23

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
4.57 NVDA NVIDIA CORP 2379504 255.41 149,249 38,119,687.09
4.41 TSLA TESLA INC B616C79 184.13 199,473 36,728,963.49
3.45 AAPL APPLE INC 2046251 155.85 184,613 28,771,936.05
3.25 GOOGL ALPHABET INC-CL A BYVY8G0 100.32 270,189 27,105,360.48
2.93 QCOM QUALCOMM INC 2714923 120.51 202,479 24,400,744.29
2.82 INTC INTEL CORP 2463247 30.18 779,397 23,522,201.46
2.78 7203 JP TOYOTA MOTOR CORP 6900643 13.46 1,720,500 23,157,342.66
2.59 HON HONEYWELL INTL 2020459 189.14 113,952 21,552,881.28
2.28 MSFT MICROSOFT CORP 2588173 276.20 68,726 18,982,121.20
1.70 IFX GR INFINEON TECHNOLOGIES AG 5889505 36.01 394,404 14,201,945.26
1.68 ON ON SEMICONDUCTOR 2583576 80.50 174,284 14,029,862.00
1.68 NXPI NXP SEMICONDUCTORS NV B505PN7 179.49 77,862 13,975,450.38
1.60 6501 JP HITACHI LTD 6429104 49.83 267,191 13,314,345.12
1.59 GM GENERAL MOTORS CO B665KZ5 34.61 383,118 13,259,713.98
1.59 STMPA FP STMICROELECTRONICS NV 5962332 48.07 274,822 13,211,641.95
1.55 STLAM IM STELLANTIS NV BMD8KX7 16.90 762,727 12,892,757.85
1.54 BIDU BAIDU INC - SPON ADR B0FXT17 138.16 92,960 12,843,353.60
1.53 F FORD MOTOR CO 2615468 11.82 1,080,058 12,766,285.56
1.53 7267 JP HONDA MOTOR CO LTD 6435145 25.30 503,764 12,746,566.36
1.49 APTV APTIV PLC B783TY6 112.17 110,601 12,406,114.17
1.41 LAZR LUMINAR TECHNOLOGIES INC BNG96D6 8.58 1,373,209 11,782,133.22
1.41 INDI INDIE SEMICONDUCTOR INC-A BP4W0C8 10.45 1,121,930 11,724,168.50
1.36 HY HYSTER-YALE MATERIALS B7LG306 44.74 253,030 11,320,562.20
1.32 000270 KS KIA CORP 6490928 60.24 183,275 11,040,746.73
1.29 373220 KS LG ENERGY SOLUTION BNSP8W5 438.67 24,574 10,779,958.11
1.24 6902 JP DENSO CORP 6640381 52.19 198,038 10,335,978.33
1.22 6752 JP PANASONIC HOLDINGS CORP 6572707 8.72 1,163,502 10,148,600.05
1.21 VOW3 GR Volkswagen AG 5497168 130.12 77,468 10,080,268.65
1.20 ALB ALBEMARLE CORP 2046853 214.61 46,775 10,038,382.75
1.20 005380 KS HYUNDAI MOTOR CO 6451055 132.52 75,189 9,963,737.86
1.13 WAB WABTEC CORP 2955733 96.17 97,762 9,401,771.54
1.11 7201 JP NISSAN MOTOR CO LTD 6642860 3.53 2,627,004 9,272,243.61
1.10 ATI ATI Inc 2526117 37.58 244,970 9,205,972.60
1.10 VC VISTEON CORP B4N0JJ6 158.38 57,997 9,185,564.86
1.06 LEA LEAR CORP B570P91 138.05 63,970 8,831,058.50
1.04 TOM2 NA TOMTOM NV BFY1TC8 8.07 1,078,564 8,705,671.74
1.04 EO FP FAURECIA 4400446 20.47 422,802 8,655,141.94
1.02 CON GR CONTINENTAL AG 4598589 70.35 121,249 8,529,847.45
1.02 RNO FP RENAULT SA 4712798 39.52 214,723 8,486,710.05
1.01 CBT CABOT CORP 2162500 74.13 113,483 8,412,494.79
1.00 6781 TT ADVANCED ENERGY BMXC4S2 25.50 326,300 8,320,093.37
0.99 ENS ENERSYS B020GQ5 81.70 101,003 8,251,945.10
0.98 ITT ITT INC BZBY209 82.10 99,345 8,156,224.50
0.96 SQM QUIMICA Y-SP ADR 2771122 73.46 109,341 8,032,189.86
0.96 CEVA CEVA INC 2986937 30.59 262,201 8,020,728.59
0.95 6674 JP GS YUASA CORP 6744250 16.73 474,374 7,936,552.75
0.95 LAC CN LITHIUM AMERICAS CORP BF4X225 20.52 385,164 7,904,532.07
0.93 LCID LUCID GROUP INC BP0TR77 7.83 994,259 7,785,047.97
0.93 QS QUANTUMSCAPE CORP BMC73Z8 7.39 1,049,604 7,756,573.56
0.93 BB BLACKBERRY LTD BCBHZ42 3.69 2,101,538 7,754,675.22
0.90 JMAT LN JOHNSON MATTHEY PLC BZ4BQC7 23.85 315,014 7,512,324.27
0.89 APAM NA APERAM B58C6H1 34.38 216,231 7,433,672.62
0.89 AMBA AMBARELLA INC B7KH3G6 77.40 95,776 7,413,062.40
0.89 COHR COHERENT CORP BNG8Z81 35.95 205,959 7,404,226.05
0.89 MVIS MICROVISION INC B7N96Q0 2.41 3,071,032 7,401,187.12
0.87 NIO NIO INC - ADR BFZX9H8 8.50 851,849 7,240,716.50
0.86 PLS AU PILBARA MINERALS LTD B2368L5 2.37 3,009,295 7,145,829.61
0.85 XPEV XPENG INC - ADR BMXR2T4 8.33 851,021 7,089,004.93
0.85 LTHM LIVENT CORP BD9PM00 20.22 349,257 7,061,976.54
0.84 PLL PIEDMONT LITHIUM INC BMGHM13 54.59 128,940 7,038,834.60
0.82 AXL AMER AXLE & MFG 2382416 7.78 881,404 6,857,323.12
0.82 BLDP BALLARD POWER SYSTEMS INC 2120371 5.12 1,339,289 6,857,159.68
0.81 THRM GENTHERM INC B8JFD24 60.08 112,167 6,738,993.36
0.81 IGO AU IGO LTD 6439567 8.05 833,033 6,710,054.16
0.80 SLI STANDARD LITHIUM LTD BF0QWN9 3.33 1,991,859 6,632,890.47
0.79 175 HK GEELY AUTOMOBILE 6531827 1.17 5,674,500 6,621,539.13
0.79 AKE AU ALLKEM LTD BLSNC78 6.90 953,744 6,578,551.09
0.76 INVZ INNOVIZ TECHNOLOGIES LTD BMH7Z68 3.90 1,627,021 6,345,381.90
0.76 LUN CN LUNDIN MINING CORP 2866857 5.55 1,140,172 6,330,376.13
0.76 BE BLOOM ENERGY CORP- A BDD1BB8 18.02 349,151 6,291,701.02
0.75 PLUG PLUG POWER INC 2508386 11.80 527,384 6,223,131.20
0.72 1316 HK NEXTEER BBPD5F0 0.57 10,453,400 5,965,838.04
0.72 1772 HK GANFENG LITHIU-H BZ9NS11 5.83 1,022,433 5,965,353.88
0.68 MVST MICROVAST HOLDINGS INC BN7DTZ0 1.29 4,367,990 5,634,707.10
0.66 NKLA NIKOLA CORP BMBM6H7 1.75 3,130,408 5,478,214.00
0.22 CASH 1.00 1,855,934 1,855,933.83
0.01 KOREAN WON 0.00 90,513,444 68,933.74
0.00 TAIWAN DOLLAR 0.03 633,838 20,693.71
0.00 HONG KONG DOLLAR 0.13 6,762 861.41
0.00 CANADIAN DOLLAR 0.73 472 342.76
0.00 BRITISH STERLING POUND 1.00 0 0.01
0.00 JAPANESE YEN 0.01 -291,743 -2,193.72
0.00 EURO 1.06 -3,043 -3,231.47
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 03/16/23

Return on Equity 14.10%
Weighted Avg. Market Cap 220,434 M
2022 2023
Price-to-earnings 18.04 14.91
Price-to-book value 2.17 2.03

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

Q&A with Adam Panayi on Electric Vehicles

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Q&A With Azeem Azhar on Climate Change

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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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