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 04/19/24

Inception Date 04/13/18
Total Expense Ratio 0.68%
Net Assets $520.65 million
NAV $22.35

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 04/19/24

Ticker DRIV
B3 Trading Code BDRI39
Bloomberg Index Ticker SOLDRIV
CUSIP 37954Y624
ISIN US37954Y6243
Primary Exchange Nasdaq
Shares Outstanding 23,300,002
Number of Holdings 0
30-Day Median Bid-Ask Spread 0.17%

Distributions As of 04/19/24

30-Day SEC Yield 0.30%
Distribution Frequency Semi-Annually

ETF Prices As of 04/19/24

NAV $22.35 Daily Change -$0.42 -1.84%
Market Price $22.32 Daily Change -$0.39 -1.72%

Performance History

Cumulative Returns (as of 03/28/24)
1 Month 6 Months YTD 12 Months 24 Months Since Inception Inception Date
Return DRIV 2.23% 5.89% 0.08% 5.60% -7.51% 78.09% 04/13/18
Returns (as of 04/18/24)
Return DRIV Return Index
Since Inception 63.78% 65.30%
12 Months 3.48% 3.60%
24 Months -3.20% -3.01%
Last 60 Trading Days -2.28% -2.27%
Last 75 Trading Days -7.98% -7.93%
Monthly Returns (through 04/18/24)
Return DRIV Return Index
Apr 2024 -8.03% -8.12%
Mar 2024 2.23% 2.27%
Feb 2024 5.72% 5.78%
Jan 2024 -7.41% -7.37%
Dec 2023 7.63% 7.80%
Nov 2023 11.38% 11.45%
Oct 2023 -11.71% -11.73%
Sep 2023 -5.54% -5.52%
Aug 2023 -10.15% -10.19%
Jul 2023 6.78% 6.74%
Jun 2023 11.72% 11.73%
May 2023 4.94% 4.87%
Apr 2023 -6.14% -6.18%
Mar 2023 1.76% 1.77%
Feb 2023 -1.36% -1.39%
Jan 2023 18.60% 18.66%
Dec 2022 -11.97% -12.02%
Nov 2022 7.26% 7.27%
Oct 2022 5.55% 5.60%
Sep 2022 -14.32% -14.30%
Aug 2022 -1.84% -1.82%
Jul 2022 11.97% 12.00%
Jun 2022 -13.48% -13.47%
May 2022 3.11% 3.12%
Apr 2022 -12.12% -12.06%

Total returns take into account management, administration and fees and other costs automatically deducted from the fund's assets. Before investing, you may read the prospectus in the “FEES AND EXPENSES” section for more details.

NAV & Index Chart

Top Holdings

Net Assets (%) Ticker Name Country SEDOL Market Price ($) Shares Held Market Value ($)
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 03/31/24

Sector Weight (%)
Consumer Discretionary 36.1
Information Technology 29.4
Industrials 15.7
Materials 13.8
Communication Services 4.4
Energy 0.7

Source: AltaVista Research, LLC

Country Breakdown As of 03/31/24

Country Weight (%)
United States 54.4
Japan 11.9
Canada 5.3
South Korea 4.9
China 3.6
Germany 3.5
Britain 2.9
Netherlands 2.9
France 2.1
Australia 1.9
Hong Kong 1.2
Other/Cash 5.4

Source: AltaVista Research, LLC

ETF Characteristics As of 04/18/24

Return on Equity 10.60%
Weighted Avg. Market Cap 400,644 M
2023 2024
Price-to-earnings 20.00 15.70
Price-to-book value 1.72 1.61

Source: AltaVista Research, LLC

ETF Risk Stats As of 03/31/24

Versus Beta
S&P 500 1.42
MSCI EAFE 1.34
MSCI Emg. Mkts 1.17
Standard Deviation 28.90%

Source: AltaVista Research, LLC

TERMS OF USE

Global X Brasil Gestora de Investimentos Ltda. (“Global X Brasil”) is an asset manager authorized by the Brazilian Securities and Exchange Commission (“CVM”), constituted in the form of CVM Resolution No. 21/2021. Investing involves risks. The material on this site is for informational purposes only and does not constitute investment advice, recommendation, offer or solicitation to buy or sell any securities, funds, or strategies to any person in any jurisdiction in which an offer, solicitation, purchase, or sale would be illegal under the securities laws of such jurisdiction. Opinions expressed here are subject to change without notice. Reliance upon the information contained in this material is at the sole discretion of the reader. No securities regulator has confirmed the accuracy of any information contained herein. Access to the information on this site or the use of the services or information provided herein is prohibited by any person or entity in any jurisdiction or country where such distribution or use is contrary to local law, rules, or regulation. Investment in index funds (ETFs) involves risks, including detachment from the benchmark index and related to the liquidity of shares in the secondary market. Investment funds managed by Global X Brasil use strategies that can result in significant equity losses for their quota holders. Global X Brasil, its partners and employees are exempt of responsibility for any damages resulting directly or indirectly from the use of the information contained on this website.

FOR EVALUATION OF THE PERFORMANCE OF AN INVESTMENT FUND, IT IS RECOMMENDED THE ANALYSIS OF AT LEAST 12 (TWELVE) MONTHS. INVESTMENT FUNDS DO NOT HAVE A GUARANTEE FROM THE ADMINISTRATOR, THE MANAGER, ANY INSURANCE MECHANISM OR CREDIT GUARANTEE FUND – FGC. INVESTMENTS IN FINANCIAL AND CAPITAL MARKETS ARE SUBJECT TO RISKS OF LOSS GREATER THAN THE TOTAL VALUE OF INVESTED CAPITAL. PAST PROFITABILITY DOES NOT REPRESENT A GUARANTEE OF FUTURE PROFITABILITY THE PROFITABILITY DISCLOSED IS NOT NET OF TAXES. READ THE PROSPECTUS, THE FORM OF COMPLEMENTARY INFORMATION, SHEET OF ESSENTIAL INFORMATION AND THE REGULATION BEFORE INVESTING. DESCRIPTION OF THE ANBIMA TYPE AVAILABLE IN THE FORM OF COMPLEMENTARY INFORMATION.

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