Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating (DRVE.L)
DRVE.L is a passive ETF by Global X tracking the investment results of the MSCI World/Information Tech NR USD. DRVE.L launched on Nov 16, 2021 and has a 0.50% expense ratio.
ETF Info
| ISIN | IE00BMH5YR69 |
|---|---|
| WKN | A2QPBY |
| Issuer | Global X |
| Inception Date | Nov 16, 2021 |
| Category | Technology Equities |
| Index Tracked | MSCI World/Information Tech NR USD |
| Domicile | Ireland |
| Distribution Policy | Accumulating |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
DRVE.L has a high expense ratio of 0.50%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: DRVE.L vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating had a return of -7.44% year-to-date (YTD) and 6.78% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -7.44% | 5.21% |
| 1 month | -6.43% | -4.30% |
| 6 months | 12.02% | 18.42% |
| 1 year | 6.78% | 21.82% |
| 5 years (annualized) | N/A | 11.27% |
| 10 years (annualized) | N/A | 10.33% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -7.74% | 9.76% | -2.31% | -5.40% | ||||||||
| 2023 | -12.45% | 11.45% | 9.00% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DRVE.L is 25, indicating that it is in the bottom 25% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating(DRVE.L)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating (DRVE.L) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating was 38.46%, occurring on Oct 14, 2022. The portfolio has not yet recovered.
The current Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating drawdown is 26.04%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.46% | Nov 23, 2021 | 147 | Oct 14, 2022 | — | — | — |
Volatility
Volatility Chart
The current Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating volatility is 6.67%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.