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DRIV

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Global X Autonomous & Electric Vehicles Etf

23.34
+0.04 (+0.17%)
Last Update: 01 Jul 2025 23:00:00
Yesterday: 23.3
Day's Range: 23.08 - 23.54
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When Written:
 
23.49
The Global X Autonomous & Electric Vehicles ETF (DRIV) is an exchange-traded fund that seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Autonomous & Electric Vehicles Index. The index is designed to provide exposure to companies involved in the development of autonomous vehicle technology, electric vehicles, and related components and services.

DRIV was launched in April 2018 and has an expense ratio of 0.68%. The fund holds 83 stocks, with the top holdings including Tesla, Nvidia, and Alphabet. The fund is diversified across various sectors, including automotive, technology, and industrials.

Investors in DRIV are betting on the growth potential of the autonomous and electric vehicle industry, which is expected to see significant growth in the coming years. The fund provides exposure to companies that are at the forefront of this industry, including those involved in the development of self-driving cars, electric vehicle batteries, and charging infrastructure.

However, investors should be aware that the fund is subject to market volatility and may experience significant fluctuations in price. Additionally, the fund's performance is highly dependent on the performance of the companies it holds, which can be impacted by a variety of factors, including regulatory changes, technological advancements, and global economic conditions.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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