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Autonomous & Electric Vehicles ETF


Fund 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.

Fund Objective

The Global X Autonomous & Electric Vehicles ETF (DRIV) seeks to provide investment results that generally correspond to the price and yield performance, before fees and expenses, of the Solactive Autonomous & Electric Vehicles Index.

Why DRIV?

High growth potential

While global EV registrations increased by more than 40% in 2020, EVs were still less than 5% of new cars sold, highlighting substantial room for further adoption.1

Sustainable theme

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.

1International Energy Agency, “Global EV Outlook 2021”
2US Office of Energy Efficiency & Renewable Energy, "Reducing Pollution with Electric Vehicles" & National Highway Traffic Safety Administration, "Automated Vehicles for Safety"

Fund details As of 05/14/21

Key facts

tickerDRIV
Inception date04/13/18
CUSIP37954Y624
ISINUS37954Y6243
Bloomberg Index TickerSOLDRIV
Primary ExchangeNasdaq
Number of Holdings76

Stats & Fees

Net assets$878,065,074
Net Asset Value (NAV)$26.34
Shares Outstanding33,330,002
Total expense ratio 0.68%

Distributions

30-day SEC yield 0.31%
Distribution FrequencySemi-annually

Fund Prices As of 05/14/21

NAV$26.34Daily change$0.542.09%
Market Price$26.39Daily change$0.552.13%
30-day median bid-ask spread 0.11%
Fund NAVMarket Priceindex
1 year138.34%140.13%139.35%
Since Inception22.96%23.08%23.07%
1 year113.46%113.63%114.27%
3 years24.15%24.07%24.31%
Since Inception23.00%23.00%23.13%
Year-to-date10.62%10.72%10.74%
1 month-0.19%0.15%-0.10%
3 months10.62%10.72%10.74%
Since Inception84.50%85.07%85.15%
Year-to-date12.67%12.43%12.81%
1 month1.85%1.54%1.87%
3 months4.30%4.05%4.39%
Since Inception87.92%87.92%88.61%

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 of the fund, when observed, is unusual and investors should not expect such performance to be repeated.

Fund characteristics As of 05/14/21

Return on equity 11.20%
Weighted Avg. Market Cap 279.885 M.
20202021
Price-to-earnings 59.5020.75
Price-to-book value 2.422.22

Source: AltaVista Research, LLC

Fund Risk Stats As of 05/14/21

Versusbeta
S&P 5001.35
MSCI EAFE 1.42
MSCI Emg. Mkts 1.21
Standard deviation 28.40%

Source: AltaVista Research, LLC

Sector breakdown As of 04/30/21

% of Net Assets
Consumer discretionary33.1
Information Technology32.9
Materials15.8
Industrials11.7
Communication Services6.5

Source: AltaVista Research, LLC

Country breakdown As of 04/30/21

% of Net Assets
United States63.2
Japan8.2
Germany4.3
China4.2
Netherlands3.3
Ireland2.9
Canada2.9
South Korea2.2
Britain2.1
Australia2.1
Belgium1.1
Other / Cash3.5

Source: AltaVista Research, LLC

Net Assets (%)tickerSurnameSEDOLMarket Price ($)Shares heroMarket Value ($)
3.93GoogLALPHABET INC-CL ABYVY8G02,278.3814,84933,831,664.62
3.48MSFTMICROSOFT CORP2588173248.15120,64129,937,064.15
3.18NVDANVIDIA CORP2379504569.7248,05727,379,034.04
3.13INTCINTEL CORP246324755.35486,81926,945,431.65
2.98AAPLAPPLE INC2046251127.45201,24325,648,420.35
2.857203 JPTOYOTA MOTOR CORP690064377.47316,41624,512,951.51
2.54QCOMQUALCOMM INC2714923130.15167,81721,841,382.55
2.31CSCOCISCO SYSTEMS INC219816352.90376,50219,916,955.80
2.25GEGENERAL ELECTRIC CO238049813.261,462,88919,397,908.14
2.18HONHONEYWELL INTL2020459227.3682,42718,740,602.72
2.10TSLATESLA INCB616C79589.7430,58118,034,838.94
2.04MUMICRON TECHNOLOGY INC258818479.70220,06017,538,782.00
1.99GMGENERAL MOTORS COB665KZ556.00305,42617,103,856.00
1.97FCXFREEPORT-MCMORAN INC235211842.29400,88116,953,257.49
1.85VOW3 GRVolkswagen AG5497168255.8462,14515,898,943.47
1.70JCIJOHNSON CONTROLSBY7QL6165.55223,13214,626,302.60
1.64F.FORD MOTOR CO261546811.841,192,32614,117,139.84
1.64NXPINXP SEMICONDUCTORS NVB505PN7192.2773,39714,112,041.19
1.57AMDADVANCED MICRO DEVICES200784974.59180,72813,480,501.52
1.527267 JPHONDA MOTOR CO LTD643514530.40431,61213,121,698.94
1.44IFX GRINFINEON TECHNOLOGIES AG588950538.37322,10612,358,027.23
1.33BIDUBAIDU INC - SPON ADRB0FXT17186.2161,43711,440,183.77
1.306902 JPDENSO CORP664038165.19172,24611,228,610.26
1.29APTVAPTIV PLCB783TY6139.1879,63011,082,903.40
1.23BWABORGWARNER INC211195551.43206,13810,601,677.34
1.23000270 KSKIA CORP649092873.18144,05010,542,267.31
1.21LUN CNLUNDIN MINING CORP286685711.72887,31310,398,858.09
1.16JMAT LNJOHNSON MATTHEY PLCBZ4BQC745.67218,0639,959,711.56
1.16MXIMMAXIM INTEGRATED PRODUCTS257376092.85107,2609,959,091.00
1.13STLA IMSTELLANTIS NVBMD8KX718.03537,7219,692,757.69
1.12HOGHARLEY-DAVIDSON INC241105347.69202,4589,655,222.02
1.11CBTCABOT CORP216250062.28153,8439,581,342.04
1.11ITTITT INCBZBY20996.2399,1409,540,242.20
1.10005380 KSHYUNDAI MOTOR CO6451055202.9046,7989,495,186.28
1.10UMI BBUMICOREBF4446660.66156,3429,483,033.12
1.10LEALEAR CORPB570P91186.2050,8869,474,973.20
1.09CRSCARPENTER TECHNOLOGY217750442.33222,5739,421,515.09
1.09ORE AUOROCOBRE LTDB293GJ44.851,936,4559,387,049.29
1.08APAM NAAPERAMB58C6H155.83167,1909,333,638.98
1.08DANDANA INCB2PFJR327.37339,8179,300,791.29
1.08ONON SEMICONDUCTOR CORP258357637.45248,1989,295,015.10
1.08ATIALLEGHENY TECH252611722.95404,5699,284,858.55
1.086752 JPPANASONIC CORP657270711.11833,7649,260,658.31
1.07XLNXXILINX INC2985677118.0078,3789,248,604.00
1.04ALVAUTOLIV INC2064253101.7288,2318,974,857.32
1.03NOKNIO INC - ADRBFZX9H833.42265,5078,873,243.94
1.03YNDXYANDEX NV-AB5BSZB363.43139,5668,852,671.38
1.02WABWABTEC CORP295573380.53108,4948,737,021.82
1.01CON GRCONTINENTAL AG4598589139.2262,3778,684,159.60
1.00ALBALBEMARLE CORP2046853163.8152,4068,584,626.86
1.00BBBLACKBERRY LTDBCBHZ428.441,014,7758,564,701.00
0.99AXLAMER AXLE & MFG238241610.63800,4218,508,475.23
0.97SQMQUIMICA Y-SP ADR277112252.31159,2248,329,007.44
0.96ROGROGERS CORP2746700186.2744,3708,264,799.90
0.95VNEVEONEER INCBZ19F5022.53363,3858,187,064.05
0.937201 JPNISSAN MOTOR CO LTD66428604.881,641,9808,018,221.89
0.92PLS AUPILBARA MINERALS LTDB2368L50.859,341,5077,946,358.64
0.91THRMGENTHERM INCB8JFD2472.65107,9097,839,588.85
0.91ENSENERSYSB020GQ591.4585,2497,796,021.05
0.90HYHYSTER-YALE MATERIALSB7LG30679.4097,2907,724,826.00
0.86RNO FPRENAULT SA471279840.53183,1037,421,563.43
0.82AMBAAMBARELLA INCB7KH3G690.0078,7767,089,840.00
0.74LTHMLIVENT CORPBD9PM0017.73358,3046,352,729.92
0.73VCVISTEON CORPB4N0JJ6116.7753,5816,256,653.37
0.71IIVIII-VI INC245269863.6795,8606,103,406.20
0.716674 JPGS YUASA CORP674425025.76236,8066,100,023.89
0.671772 HKGANFENG LITHIUM CO LTD-HBZ9NS1111.13521,4245,804,155.72
0.67TOM2 NATOMTOM NVBFY1TC88.68666,0745,778,524.92
0.67CEVACEVA INC298693742.74134,2635,738,400.62
0.661211 HKBYD CO LTD-H653665118.52305,0305,647,867.27
0.63175 HKGEELY AUTOMOBILES65318272.262,411,2005,458,020.31
0.52BEBLOOM ENERGY CORP- ABDD1BB820.30220,6464,479,113.80
0.45PLUGPLUG POWER INC250838624.58156,8943,856,454.52
0.42CBATCBAK ENERGY TECHBZ02DS93.561,006,0403,581,502.40
0.41BLDPBALLARD POWER SYSTEMS INC212037114.64238,8253,496,398.00
0.15CASH1.001,248,5051,248,430.22
0.06EO IMFAURECIA S.E.BGPK54553.788,860476,454.85
Holdings are subject to change.


Latest Premium / Discount As of 05/14/21

NAV$26.34
Market Price$26.39
Premium / (Discount)$0.05

Current View 2021 Q2As of 05/14/21

Days at Premium22
Days at NAV0
Days at Discount9
Greatest Premium0.69%
Greatest Discount-0.52%

Daily Premium / Discount History As of 05/14/21

Hover over the chart points for details

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How can the Fund trade at a premium / discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the fund. Since shares of the fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the fund may deviate slightly from the value of the fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

Distribution Calendar

Ex-DateRecord DatePayable DateAmount
    • 12/28/201812/31/201801/08/2019$0.324809
    • 06/27/201906/28/201907/08/2019$0.112030
    • 12/30/201912/31/201901/08/2020$0.070209
    • 06/29/202006/30/202007/08/2020$0.049565
    • 12/30/202012/31/202001/08/2021$0.020235
    • 06/29/202106/30/202107/08/2021
    • 12/30/202112/31/202101/07/2022

SEI Investments Distribution Co. (1 Freedom Valley Drive, Oaks, PA, 19456) is the distributor for the Global X Funds.
Check the background of SIDCO and Global X’s Registered Representatives on FINRA’s BrokerCheck

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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