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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 05/26/23

Inception Date 04/13/18
Total Expense Ratio 0.68%
Net Assets $827.07 million
NAV $23.64
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 05/25/23

Ticker DRIV
Bloomberg Index Ticker SOLDRIV
CUSIP 37954Y624
ISIN US37954Y6243
Primary Exchange Nasdaq
Shares Outstanding 34,980,002
Number of Holdings 75
30-Day Median Bid-Ask Spread 0.18%

Distributions As of 05/26/23

30-Day SEC Yield 0.19%
Distribution Frequency Semi-Annually
 Distribution History

ETF Prices As of 05/26/23

NAV $23.64 Daily Change $0.50 2.16%
Market Price $23.74 Daily Change $0.57 2.46%

Performance History

Premium Discount Chart
As of recent
(03/31/23)
As of recent
(03/31/23)
Fund NAV Market Price Index
1 Year -12.79% -12.46% -12.56%
3 Years 29.63% 29.87% 30.05%
Since Inception 11.10% 11.11% 11.29%
1 Year -6.50% -6.06% -6.36%
3 Years 21.59% 21.71% 21.95%
5 Years 10.01% 10.02% 10.21%
Since Inception 9.52% 9.56% 9.71%
Year-to-Date 19.04% 19.98% 19.09%
1 Month 1.75% 1.97% 1.77%
3 Months 19.04% 19.98% 19.09%
Since Inception 68.65% 68.79% 70.14%
Year-to-Date 11.69% 12.73% 11.74%
1 Month -6.17% -6.04% -6.17%
3 Months -5.82% -5.72% -5.85%
Since Inception 58.24% 58.60% 59.65%

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 05/26/23

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
6.68 NVDA NVIDIA CORP 2379504 389.46 141,890 55,260,479.40
4.43 TSLA TESLA INC B616C79 193.17 189,615 36,627,929.55
3.86 GOOGL ALPHABET INC-CL A BYVY8G0 124.61 256,500 31,962,465.00
3.72 AAPL APPLE INC 2046251 175.43 175,200 30,735,336.00
2.73 7203 JP TOYOTA MOTOR CORP 6900643 13.79 1,637,731 22,579,344.08
2.63 MSFT MICROSOFT CORP 2588173 332.89 65,351 21,754,694.39
2.60 INTC INTEL CORP 2463247 29.00 740,888 21,485,752.00
2.57 QCOM QUALCOMM INC 2714923 110.35 192,348 21,225,601.80
2.54 HON HONEYWELL INTL 2020459 193.75 108,284 20,980,025.00
1.79 6501 JP HITACHI LTD 6429104 58.23 254,768 14,835,097.39
1.73 ON ON SEMICONDUCTOR 2583576 86.62 165,237 14,312,828.94
1.67 IFX GR INFINEON TECHNOLOGIES AG 5889505 36.98 373,790 13,823,547.32
1.63 7267 JP HONDA MOTOR CO LTD 6435145 28.29 475,340 13,445,326.60
1.63 NXPI NXP SEMICONDUCTORS NV B505PN7 181.18 74,195 13,442,650.10
1.50 F FORD MOTOR CO 2615468 12.09 1,023,832 12,378,128.88
1.46 GM GENERAL MOTORS CO B665KZ5 33.29 363,132 12,088,664.28
1.43 6902 JP DENSO CORP 6640381 62.13 189,952 11,801,779.48
1.42 HY HYSTER-YALE MATERIALS B7LG306 49.01 240,025 11,763,625.25
1.42 MVIS MICROVISION INC B7N96Q0 4.05 2,897,412 11,734,518.60
1.39 000270 KS KIA CORP 6490928 65.99 173,782 11,467,814.41
1.38 STLAM IM STELLANTIS NV BMD8KX7 15.81 723,166 11,436,257.52
1.37 STMPA FP STMICROELECTRONICS NV 5962332 43.55 260,579 11,348,200.11
1.36 6752 JP PANASONIC HOLDINGS CORP 6572707 10.26 1,097,801 11,259,697.79
1.35 BIDU BAIDU INC - SPON ADR B0FXT17 126.08 88,327 11,136,268.16
1.33 005380 KS HYUNDAI MOTOR CO 6451055 155.16 71,009 11,017,667.33
1.26 BB BLACKBERRY LTD BCBHZ42 5.23 1,998,298 10,451,098.54
1.23 373220 KS LG ENERGY SOLUTION BNSP8W5 436.41 23,271 10,155,640.45
1.21 INDI INDIE SEMICONDUCTOR INC-A BP4W0C8 9.49 1,058,528 10,045,430.72
1.17 APTV APTIV PLC B783TY6 92.13 104,877 9,662,318.01
1.14 VOW3 GR Volkswagen AG 5497168 128.21 73,569 9,432,205.80
1.14 ENS ENERSYS B020GQ5 98.44 95,360 9,387,238.40
1.12 7201 JP NISSAN MOTOR CO LTD 6642860 3.74 2,478,598 9,258,466.35
1.09 ALB ALBEMARLE CORP 2046853 203.99 44,357 9,048,384.43
1.09 EO FP FAURECIA 4400446 22.65 398,901 9,036,232.91
1.06 WAB WABTEC CORP 2955733 94.74 92,328 8,747,154.72
1.05 LAZR LUMINAR TECHNOLOGIES INC BNG96D6 6.68 1,295,595 8,654,574.60
1.04 AKE AU ALLKEM LTD BLSNC78 9.54 899,822 8,584,288.65
1.01 PLS AU PILBARA MINERALS LTD B2368L5 2.95 2,839,228 8,388,220.86
1.00 CON GR CONTINENTAL AG 4598589 71.71 115,082 8,251,999.10
0.98 ATI ATI Inc 2526117 35.00 231,176 8,091,160.00
0.97 LUN CN LUNDIN MINING CORP 2866857 7.43 1,075,725 7,995,200.10
0.96 6674 JP GS YUASA CORP 6744250 17.79 447,622 7,965,087.73
0.96 TOM2 NA TOMTOM NV BFY1TC8 7.77 1,023,869 7,957,701.47
0.95 LTHM LIVENT CORP BD9PM00 23.90 329,536 7,875,910.40
0.93 LEA LEAR CORP B570P91 127.61 60,417 7,709,813.37
0.93 LAC CN LITHIUM AMERICAS CORP BF4X225 21.12 363,428 7,674,529.56
0.92 VC VISTEON CORP B4N0JJ6 138.21 55,044 7,607,631.24
0.92 CBT CABOT CORP 2162500 71.09 107,004 7,606,914.36
0.90 ITT ITT INC BZBY209 79.84 93,702 7,481,167.68
0.89 LCID LUCID GROUP INC BP0TR77 7.87 938,172 7,383,413.64
0.88 IGO AU IGO LTD 6439567 9.27 785,933 7,288,096.66
0.87 RNO FP RENAULT SA 4712798 35.57 202,601 7,207,398.81
0.87 COHR COHERENT CORP BNG8Z81 36.93 194,255 7,173,837.15
0.86 APAM NA APERAM B58C6H1 34.84 204,034 7,107,661.24
0.86 SLI STANDARD LITHIUM LTD BF0QWN9 3.78 1,879,267 7,103,629.26
0.85 AMBA AMBARELLA INC B7KH3G6 77.74 90,342 7,023,187.08
0.83 6781 TT ADVANCED ENERGY BMXC4S2 22.28 309,400 6,894,230.93
0.83 SQM QUIMICA Y-SP ADR 2771122 66.29 103,071 6,832,576.59
0.81 PLL PIEDMONT LITHIUM INC BMGHM13 55.33 121,625 6,729,511.25
0.80 XPEV XPENG INC - ADR BMXR2T4 8.20 802,876 6,583,583.20
0.79 JMAT LN JOHNSON MATTHEY PLC BZ4BQC7 22.08 297,249 6,563,620.98
0.77 175 HK GEELY AUTOMOBILE 6531827 1.18 5,361,000 6,349,844.60
0.76 1772 HK GANFENG LITHIU-H BZ9NS11 6.51 969,733 6,312,358.63
0.76 QS QUANTUMSCAPE CORP BMC73Z8 6.32 990,248 6,258,367.36
0.75 NIO NIO INC - ADR BFZX9H8 7.70 803,704 6,188,520.80
0.73 THRM GENTHERM INC B8JFD24 57.12 105,897 6,048,836.64
0.72 CEVA CEVA INC 2986937 24.22 247,362 5,991,107.64
0.72 AXL AMER AXLE & MFG 2382416 7.16 831,587 5,954,162.92
0.68 MVST MICROVAST HOLDINGS INC BN7DTZ0 1.37 4,121,070 5,645,865.90
0.66 BLDP BALLARD POWER SYSTEMS INC 2120371 4.30 1,263,556 5,433,290.80
0.59 1316 HK NEXTEER BBPD5F0 0.50 9,868,200 4,886,962.23
0.56 BE BLOOM ENERGY CORP- A BDD1BB8 13.99 329,430 4,608,725.70
0.52 INVZ INNOVIZ TECHNOLOGIES LTD BMH7Z68 2.81 1,534,986 4,313,310.66
0.50 PLUG PLUG POWER INC 2508386 8.25 497,631 4,105,455.75
0.26 CASH 1.00 2,129,283 2,129,283.23
0.21 NKLA NIKOLA CORP BMBM6H7 0.59 2,953,444 1,741,350.58
0.04 JAPANESE YEN 0.01 49,874,719 354,992.84
0.00 HONG KONG DOLLAR 0.13 6,762 863.07
0.00 CANADIAN DOLLAR 0.73 472 345.71
0.00 BRITISH STERLING POUND 1.00 0 0.01
0.00 KOREAN WON 0.00 -2 0.00
0.00 EURO 1.07 -3,043 -3,257.46
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 04/30/23

Sector Weight (%)
Consumer Discretionary 37.0
Information Technology 28.6
Industrials 16.1
Materials 13.4
Communication Services 4.9

Source: AltaVista Research, LLC

Country Breakdown As of 04/30/23

Country Weight (%)
United States 55.4
Japan 11.2
Canada 4.5
Germany 4.1
South Korea 4.0
China 4.0
Australia 2.9
Netherlands 2.7
Britain 2.5
France 2.0
Switzerland 1.4
Other/Cash 5.3

Source: AltaVista Research, LLC

ETF Characteristics As of 05/26/23

Return on Equity 14.10%
Weighted Avg. Market Cap 293,631 M
2022 2023
Price-to-earnings 19.81 16.17
Price-to-book value 2.30 2.25

Source: AltaVista Research, LLC

ETF Risk Stats As of 04/30/23

Versus Beta
S&P 500 1.39
NASDAQ-100 1.10
MSCI EAFE 1.34
MSCI Emg. Mkts 1.14
Standard Deviation 29.80%

Source: AltaVista Research, LLC

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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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