Global X Autonomous & Electric Vehicles ETF (DRIV)

NASDAQ: DRIV · Real-Time Price · USD
23.33
+0.15 (0.65%)
Oct 2, 2024, 4:00 PM EDT - Market closed
0.65%
Assets $447.45M
Expense Ratio 0.68%
PE Ratio 13.46
Shares Out 19.00M
Dividend (ttm) $0.41
Dividend Yield 1.75%
Ex-Dividend Date Jun 27, 2024
Payout Ratio 23.51%
1-Year Return -0.68%
Volume 46,186
Open 23.22
Previous Close 23.18
Day's Range 23.10 - 23.41
52-Week Low 20.13
52-Week High 25.46
Beta 1.37
Holdings 81
Inception Date Apr 13, 2018

About DRIV

Fund Home Page

The Global X Autonomous & Electric Vehicles ETF (DRIV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index that uses artificial intelligence to select global stocks involved in the development, production, or supporting technology of autonomous and electronic vehicles. DRIV was launched on Apr 13, 2018 and is issued by Global X.

Asset Class Equity
Category Miscellaneous Sector
Stock Exchange NASDAQ
Ticker Symbol DRIV
ETF Provider Global X
Index Tracked Solactive Autonomous & Electric Vehicles Index

Top 10 Holdings

26.17% of assets
Name Symbol Weight
Tesla, Inc. TSLA 3.32%
Microsoft Corporation MSFT 3.03%
NVIDIA Corporation NVDA 3.03%
Alphabet Inc. GOOGL 2.85%
Toyota Motor Corporation 7203 2.73%
QUALCOMM Incorporated QCOM 2.62%
Honeywell International Inc. HON 2.52%
Hitachi, Ltd. 6501 2.51%
Intel Corporation INTC 1.84%
Geely Automobile Holdings Ltd 175.HK 1.72%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Jun 27, 2024 $0.18347 Jul 5, 2024
Dec 28, 2023 $0.22401 Jan 8, 2024
Jun 29, 2023 $0.1752 Jul 10, 2023
Dec 29, 2022 $0.13906 Jan 9, 2023
Jun 29, 2022 $0.10794 Jul 8, 2022
Dec 30, 2021 $0.042 Jan 7, 2022
Full Dividend History

News

Power Shift Part 2: Western Brands In China's EV Market

The Chinese market is increasingly dominated by domestic brands in the electric vehicle (EV) sector, posing a threat to Western manufacturers. This article provides an updated analysis of the EV marke...

Other symbols: KARS
3 months ago - Seeking Alpha

An Update On The DRIV ETF Product

DRIV edged higher since November 2023, but remains in a sideways trading range. Composition of holdings has shifted towards chipmakers over car manufacturers. Concerns over oil prices and the upcoming...

4 months ago - Seeking Alpha

Thinking Hard About The China Overproduction Narrative

Concerns about “overcapacity” arise primarily for goods linked to high-wage jobs, not for low-wage industries like clothing or toys. China sees its success as a result of a system that blends state co...

4 months ago - Seeking Alpha

DRIV: Electric Vehicle ETF Passes My Road Test

Crude oil prices reached a record high in June 2022, leading to increased interest in electric vehicles. Electric vehicle sales increased to 18% of total car sales in 2023, up from 4% in 2020. DRIV ge...

6 months ago - Seeking Alpha

REV to wind down transit-bus manufacturer ENC

Shares of REV Group Inc. rallied Monday, after the maker of electric- and hydrogen-powered commercial vehicles said it will pay out a special dividend with the cash generated by strategic actions, inc...

Other symbols: REVG
8 months ago - Market Watch

DRIV Dive: At The Trading Range Midpoint, This ETF Could Offer Value

Car dealers sold a record high of approximately 295,000 electric vehicles in the US from April to June 2023. The Global X Autonomous & Electric Vehicles ETF experienced a peak in demand for EVs in lat...

11 months ago - Seeking Alpha

DRIV: Good Theme But Weak Momentum And Challenged Consumer

Global X Autonomous & Electric Vehicles ETF provides exposure to companies in the electric vehicles and autonomous driving segments. DRIV offers high growth potential in the expanding EV market and ad...

1 year ago - Seeking Alpha

Bumpy September for auto ETFs as UAW strike, higher rates weigh

Exchange-traded funds tracking automakers saw net outflows last month on worries over the United Auto Workers' (UAW) strike against the "Detroit Three" and higher interest rates.

Other symbols: FTXRTSLL
1 year ago - Reuters

Going beyond Tesla: ETF bets solely on electric vehicle makers

Defiance ETFs is trying to change up the EV ETF market with an all-electric carmaker fund.

Other symbols: KARS
1 year ago - CNBC

Beyond "Nvidia", broader AI beneficiaries

Beyond "Nvidia", broader AI beneficiaries.

Other symbols: AIQBOTZBUGCLOUROBT
1 year ago - CNBC Television

Battery Electric Vehicle Share Growth Stalls, Hitting Ford Motor And Detroit Three Hardest

BEV sales growth in the U.S. is slowing, leading automakers to implement measures such as price cuts and production adjustments. Insufficient charging infrastructure, range anxiety, and high prices ar...

Other symbols: IDRVKARS
1 year ago - Seeking Alpha

Unit Economics Suggest That The Cost Of Traveling By Electric Air Taxi Should Drop Precipitously

Electric air taxi companies have made significant strides since ARK estimated the industry's progress five years ago. he Federal Aviation Administration (FAA) has collaborated closely with the electri...

Other symbols: BLDEJOBY
1 year ago - Seeking Alpha

Utility EV maker Ev Transportation pulls IPO filing, citing a bad market for smaller companies

Ev Transportation Services Inc. EVTS filed Wednesday to withdraw its plan for an initial public offering, due to “adverse market conditions for smaller companies.” The withdrawal comes nearly a year a...

Other symbols: IPO
1 year ago - Market Watch

DRIV: Less About EV And More About Tech

The Global X Autonomous & Electric Vehicles ETF has experienced significant outflows in the past year, likely due to investors cashing out from significant gains. The ETF's portfolio is fairly diversi...

1 year ago - Seeking Alpha

Autonomous Taxis May Have The Most Impact On GDP Of Any Innovation In History

Autonomous vehicles could be one of the most productive innovations of all time, impacting global gross domestic product (GDP) by approximately 20% over the next decade. Weighing the potential positiv...

1 year ago - Seeking Alpha

EV stocks get a broad boost after Tesla, Rivian, Nio report upbeat deliveries data

Shares of electric vehicle makers got a broad boost Monday, after upbeat delivery and production data from a host of companies, including industry leader Tesla Inc. and those based in China.

1 year ago - Market Watch

Here's where BlackRock sees a top thematic ETF investing opportunity as tech soars

Hello! This week's ETF wrap shines the light on electric vehicles, an industry that BlackRock's Jay Jacobs says has taken off but still has a way to go — the kind of “inflection point” the firm looks ...

Other symbols: IDRVKARSSOXX
1 year ago - Market Watch

Power Shift: China's EV Market, Impact On Western Brands, And Some Trading Ideas

China is the most important car market, about as big as the US and Europe combined. It is an essential market for several brands.

Other symbols: CARZIDRVKARS
1 year ago - Seeking Alpha

U.S. Electric Vehicle Market Set For Sustained Growth Despite Stricter Subsidy Rules

Despite tougher rules for tax credits, US electric vehicle sales (including plug-in hybrids) are expected to grow to 1.4mn in 2023, accounting for 10% of total light-duty vehicle sales. This puts the ...

1 year ago - Seeking Alpha

Carmakers Are Chasing Miners

The mining sector has underinvested over the last few years due, in part, to COVID and an emphasis on capital discipline. The speed at which regulators and carmakers want to drive the transition to EV...

1 year ago - Seeking Alpha

EV ETFs: Ford, Affordability, And Looking Forward

This note takes a brief look at Ford's data, examines EVs from a thematic ETF perspective, and looks deeper into profitability issues from an ex sell-side analyst perspective. U.S. battery electric ve...

1 year ago - Seeking Alpha

EV Market Growth Trend May Not Be So Inevitable

ETF structure offers investors exposure to a growing market with multiple variables.

Other symbols: KARSTSL
1 year ago - ETFcom

DRIV: An Uninspiring Outlook Ahead

DRIV is a highly diversified autonomous vehicle and EV ETF. It is on my watchlist as leading indicators are not printing a favorable outlook currently. Leading consumer sentiment indicators suggest a ...

1 year ago - Seeking Alpha

DRIV May Offer Road Map for Electric Car Investing

The Global X fund spreads electric vehicle risk beyond Tesla to Nvidia, Apple, GM.

1 year ago - ETFcom

How The EV Supply Chain Is Responding To The Inflation Reduction Act

The recently passed IRA and IIJA will direct billions of dollars toward EVs and EV infrastructure over the next decade. The IRA and IIJA are already combining to materially impact the capacity of dome...

1 year ago - Seeking Alpha