ETF Evaluator: Global X Atnms & Elctrc Vhcls ETF (DRIV) Follow This ETF

Global X Atnms & Elctrc Vhcls ETF Overview

Global X Atnms & Elctrc Vhcls ETF (DRIV) is a passively managed Sector Equity Miscellaneous Sector exchange-traded fund (ETF). Global X Funds launched the ETF in 2018.

The investment 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. The fund invests at least 80% of its total assets in the securities of the index. The index is designed to provide exposure to exchange-listed companies that are involved in the development of electric vehicles and/or autonomous vehicles, including companies that produce electric/hybrid vehicles, electric/hybrid vehicle components and materials, autonomous driving technology, and network connected services for transportation.

About Global X Atnms & Elctrc Vhcls ETF (DRIV)

There are 2 members of the management team with an average tenure of 7.78 years: Nam To (2018) and Wayne Xie (2019). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and Solactive Autonomous & Elec Vehcl NR USD index with a weighting of 100%. Global X Atnms & Elctrc Vhcls ETF has 78 securities in its portfolio. The top 10 holdings constitute 29.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is considered to have an ESG focus with its investment selection and management.

Global X Atnms & Elctrc Vhcls ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Global X Atnms & Elctrc Vhcls ETF has 45.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 54.0% There is 45.8% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Global X Atnms & Elctrc Vhcls ETF has 0.2% of the portfolio in cash.

Assets Under Management

The fund has $441 million in total assets, which is above the $351 million average for the Miscellaneous Sector category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

DRIV Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Global X Atnms & Elctrc Vhcls ETF expense ratio is above average compared to funds in the Miscellaneous Sector category. Global X Atnms & Elctrc Vhcls ETF has an expense ratio of 0.68%, which is 6% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Global X Atnms & Elctrc Vhcls ETF has a portfolio turnover rate of 37%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 45% for the Miscellaneous Sector category.

Recently, in the month of June 2026, Global X Atnms & Elctrc Vhcls ETF returned -6.9%, which earned it a grade of D, as the Miscellaneous Sector category had an average return of -6.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Global X Atnms & Elctrc Vhcls ETF has a trailing yield of 0.57%, which is below the 1.02% category average. The fund normally distributes its income semi-annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Global X Atnms & Elctrc Vhcls ETF Grades

Year to date, the ETF has returned 30.7%, 16.9 percentage points better than the category, which translates into a grade of A. The fund has returned 66.6% over the past year (grade of B), 15.8% over the past three years (grade of B) and 7.8% per year over the past five years (grade of A).

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