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
Stocks99.95%
Electronic Technology28.83%
Producer Manufacturing23.82%
Consumer Durables23.69%
Technology Services9.73%
Process Industries7.56%
Non-Energy Minerals6.33%
Bonds, Cash & Other0.05%
Cash0.05%
Stock breakdown by region
North America51.39%
Asia31.80%
Europe11.18%
Oceania3.51%
Middle East1.10%
Latin America1.01%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history