ETF Evaluator: iShares Self-Driving EV and Tech ETF (IDRV) Follow This ETF

iShares Self-Driving EV and Tech ETF Overview

iShares Self-Driving EV and Tech ETF (IDRV) is a passively managed Sector Equity Industrials exchange-traded fund (ETF). iShares launched the ETF in 2019.

The investment seeks to track the investment results of the NYSE® FactSet® Global Autonomous Driving and Electric Vehicle IndexTM. The index is composed of equity securities of companies listed in one of 43 developed or emerging market countries that derive a certain specified percentage of their revenue from selected autonomous or electric vehicle-related industries, as defined by IDI. The fund generally will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index. The fund is non-diversified.

About iShares Self-Driving EV and Tech ETF (IDRV)

There are 4 members of the management team with an average tenure of 2.74 years: Jennifer Hsui (2019), Peter Sietsema (2025), Matt Waldron (2025) and Steven White (2025). 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 NYSE FactSet Glb AutoDriv&ElecVeh GR USD index with a weighting of 100%. iShares Self-Driving EV and Tech ETF has 91 securities in its portfolio. The top 10 holdings constitute 39.9% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is considered to have an ESG focus with its investment selection and management.

iShares Self-Driving EV and Tech ETF is part of the Equity global asset class and is within the Sector Equity ETF group. iShares Self-Driving EV and Tech ETF has 69.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 29.2% There is 69.5% 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). iShares Self-Driving EV and Tech ETF has 1.3% of the portfolio in cash.

Assets Under Management

The fund has $137 million in total assets, which is below the $1 billion average for the Industrials 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.

IDRV 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 iShares Self-Driving EV and Tech ETF expense ratio is average compared to funds in the Industrials category. iShares Self-Driving EV and Tech ETF has an expense ratio of 0.48%, which is 5% 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. iShares Self-Driving EV and Tech ETF has a portfolio turnover rate of 51%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 35% for the Industrials category.

Recently, in the month of June 2026, iShares Self-Driving EV and Tech ETF returned -14.8%, which earned it a grade of F, as the Industrials category had an average return of -2.9%. 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.

iShares Self-Driving EV and Tech ETF has a trailing yield of 1.68%, which is above the 1.01% 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.

iShares Self-Driving EV and Tech ETF Grades

Year to date, the ETF has returned 0.9%, 15.0 percentage points worse than the category, which translates into a grade of F. The fund has returned 26.3% over the past year (grade of C), -0.3% over the past three years (grade of F) and -3.2% per year over the past five years (grade of F).

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