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DRIV vs ARKK

Global X Autonomous & Electric Vehicles ETF vs ARK Innovation ETF

DRIV

Global X Autonomous & Electric Vehicles ETF

Global X Funds

Annual cost

0.68%

Fund size

$401M

ARKK

ARK Innovation ETF

ARK ETF Trust

Annual cost

0.75%

Fund size

$6.5B

Key differences

  • DRIV costs 0.07% less per year.
  • ARKK is significantly larger than DRIV — larger funds tend to be more liquid and less likely to close.
  • DRIV follows a index tracking strategy; ARKK uses active selection.
  • Over the last 3 years, ARKK has delivered higher annualized returns.

Side-by-side comparison

DRIVARKK
Annual cost (TER)0.68%0.75%
Fund size (AUM)$401M$6.5B
Since20182014
Dividend yield0.85%0.00%
Asset classequityequity
Regionglobalglobal
Strategyindex trackingactive selection
CAGR 1Y+83.8%+37.2%
CAGR 3Y+22.3%+25.9%
CAGR 5Y+10.3%-5.5%
Sharpe 3Y0.790.69
Volatility 1Y24.94%36.27%
Max drawdown-41.93%-80.91%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to DRIV and ARKK