Key stats
About GLOBAL X AUTONOMOUS & ELECTRIC VEHICLES ETF
Home page
Inception date
Apr 13, 2018
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
DRIV uses a proprietary natural language processing algorithm to identify companies with exposure to one of three segments: electronic vehicles (EV), electric vehicle components (EVC), and autonomous vehicle technology (AVT). The EVC segment is further split into two sub-groups: components and materials. Holdings may span the market-cap spectrum and come from across the globe, including some emerging markets. The algorithm scores eligible companies within each segment based on how frequently each firm is referenced in relation to specific keywords in public documents, such as financial news. The index is comprised of the top 15 companies in EV, top 30 in EVC (15 in each sub-group) and top 30 in AVT. The index uses a modified market-cap weighting, assigning 2% weight to each company in the bottom 20% of its segment, and capping all others at 3%. The index is reconstituted semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Producer Manufacturing
Consumer Durables
Technology Services
Stocks99.79%
Electronic Technology28.89%
Producer Manufacturing23.98%
Consumer Durables23.51%
Technology Services10.11%
Process Industries7.31%
Non-Energy Minerals5.99%
Bonds, Cash & Other0.21%
Cash0.21%
Stock breakdown by region
North America51.89%
Asia31.85%
Europe11.17%
Oceania2.98%
Middle East1.18%
Latin America0.92%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DRIV invests in stocks. The fund's major sectors are Electronic Technology, with 28.89% stocks, and Producer Manufacturing, with 23.98% of the basket. The assets are mostly located in the North America region.
DRIV top holdings are Microsoft Corporation and NVIDIA Corporation, occupying 3.48% and 3.24% of the portfolio correspondingly.
DRIV last dividends amounted to 6.02 MXN. Six months before that, the issuer paid 3.39 MXN in dividends, which shows a 43.63% increase.
Yes, DRIV pays dividends to its holders with the dividend yield of 2.14%. The last dividend (Jan 7, 2025) amounted to 6.02 MXN. The dividends are paid semi-annually.
DRIV shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Apr 13, 2018, and its management style is Passive.
DRIV expense ratio is 0.68% meaning you'd have to pay 0.68% of your investment to help manage the fund.
DRIV follows the Solactive Autonomous & Electric Vehicles Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DRIV invests in stocks.
DRIV price has risen by 10.76% over the last month, and its yearly performance shows a 7.61% increase. See more dynamics on DRIV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 10.92% over the last month, showed a −8.69% decrease in three-month performance and has increased by 7.94% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 10.92% over the last month, showed a −8.69% decrease in three-month performance and has increased by 7.94% in a year.
DRIV trades at a premium (1.13%) meaning the ETF is trading at a higher price than the calculated NAV.