DRIVGlobal X Autonomous & Electric Vehicles ETF

Grow my money8y track recordRanked #1,076 of 2,960 in this goal

Seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Autonomous & Electric Vehicles Index.

By Global X Funds · Launched 2018

Annual Cost

0.68%

#3,411 of 5,562 · average

Fund Size

$477M

#1,598 of 5,562 · large

Return (1Y)Goal

+73.8%

Track Record

8 years

#1,730 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$17,639+76.4%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Cap

Multi cap

Strategy

Index tracking

Focus

EV & Battery

Index tracked

Solactive Autonomous & Electric Vehicles Index

What it actually holds

By weight

Concentration

Top 10 holdings = 32.5% of fund✓ well diversified

BNYREPOS

6.0%

ALPHABET INC.

4.3%

BLOOM ENERGY CORPORATION

3.9%

TESLA, INC.

3.4%

INTEL CORPORATION

2.9%

NVIDIA CORPORATION

2.6%

MICROSOFT CORPORATION

2.4%

TOYOTA MOTOR CORPORATION

2.4%

QUALCOMM INCORPORATED

2.3%

PILBARA MINERALS LIMITED

2.3%

Asset allocation

Stocks

99.9%

Cash

0.1%

By sector

Technology

37.3%

Consumer Cyclical

25.3%

Industrials

18.0%

Basic Materials

13.7%

Communication

5.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

27.2%High

Year-on-year price swings

Max drawdown

-41.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.61Decent risk-adjusted returns

Sortino (3Y)

0.89Moderate downside risk

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Autonomous & Electric Vehicles Index.
Strategy: Invests primarily in securities of the Solactive Autonomous & Electric Vehicles Index, which includes companies involved in electric and autonomous vehicles. The Fund may lend securities and is concentrated in companies providing exposure to these vehicles. The Underlying Index is reconstituted semi-annually and weighted by modified capitalization.
Inception date: April 13, 2018
Fund family: Global X Funds