DRIV vs. IDRV

Last updated Jun 23, 2026

DRIV (Global X Autonomous & Electric Vehicles ETF) and IDRV (iShares Self-Driving EV and Tech ETF) are both exchange-traded funds - DRIV is a Global Equities fund tracking the Solactive Autonomous & Electric Vehicles Index, while IDRV is a Technology Equities fund tracking the NYSE FactSet Global Autonomous Driving and Electric Vehicle Index. Both are passively managed. Over the past 5 years, DRIV returned 9.02%/yr vs -1.98%/yr for IDRV. Their correlation of 0.92 suggests significant overlap in exposure. DRIV charges 0.68%/yr vs 0.48%/yr for IDRV.

Performance

DRIV vs. IDRV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Autonomous & Electric Vehicles ETF (DRIV) and iShares Self-Driving EV and Tech ETF (IDRV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DRIV achieves a 36.09% return, which is significantly higher than IDRV's 5.68% return.

DRIV

• 1D: 0.36%
• 1M: -0.36%
• YTD: 36.09%
• 6M: 33.56%
• 1Y: 83.16%
• 3Y*: 19.16%
• 5Y*: 9.02%
• 10Y*: —

IDRV

• 1D: -1.46%
• 1M: -6.22%
• YTD: 5.68%
• 6M: 3.86%
• 1Y: 37.31%
• 3Y*: 3.47%
• 5Y*: -1.98%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DRIV vs. IDRV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
DRIV Global X Autonomous & Electric Vehicles ETF	36.09%	30.42%	-5.04%	26.14%	-34.13%	27.80%	62.76%	4.22%
IDRV iShares Self-Driving EV and Tech ETF	5.68%	32.24%	-16.05%	7.83%	-36.37%	26.99%	59.46%	7.24%

Correlation

The correlation between DRIV and IDRV is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (All Time) Calculated using the full available price history since Apr 18, 2019	0.92

The correlation between DRIV and IDRV has been stable across timeframes, ranging from 0.88 to 0.92 - a consistent structural relationship.

DRIV vs. IDRV - Sectors Allocation Comparison

Sectors	DRIV	IDRV
Technology	37.3%	2.0%
Consumer Cyclical	25.3%	56.7%
Industrials	18.0%	24.5%
Basic Materials	13.7%	16.8%
Communication Services	5.7%	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

DRIV vs. IDRV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DRIV

DRIV Risk / Return Rank: 89
DRIV Sharpe Ratio Rank: 92
DRIV Sortino Ratio Rank: 84
DRIV Omega Ratio Rank: 83
DRIV Calmar Ratio Rank: 93
DRIV Martin Ratio Rank: 90

IDRV

IDRV Risk / Return Rank: 45
IDRV Sharpe Ratio Rank: 42
IDRV Sortino Ratio Rank: 39
IDRV Omega Ratio Rank: 40
IDRV Calmar Ratio Rank: 54
IDRV Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DRIV vs. IDRV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Autonomous & Electric Vehicles ETF (DRIV) and iShares Self-Driving EV and Tech ETF (IDRV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DRIV	IDRV	Difference
Sharpe ratio: Return per unit of total volatility	3.08	1.43	+1.65
Sortino ratio: Return per unit of downside risk	3.58	1.94	+1.63
Omega ratio: Gain probability vs. loss probability	1.48	1.25	+0.22
Calmar ratio: Return relative to maximum drawdown	6.23	2.63	+3.60
Martin ratio: Return relative to average drawdown	20.02	8.61	+11.41

DRIV vs. IDRV - Sharpe Ratio Comparison

The current DRIV Sharpe Ratio is 3.08, which is higher than the IDRV Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of DRIV and IDRV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DRIV vs. IDRV - Drawdown Comparison

The maximum DRIV drawdown since its inception was -41.93%, smaller than the maximum IDRV drawdown of -53.00%. Use the drawdown chart below to compare losses from any high point for DRIV and IDRV.

Drawdown Indicators

	DRIV	IDRV	Difference
Max Drawdown Largest peak-to-trough decline	-41.93%	-53.00%	+11.07%
Max Drawdown (1Y) Largest decline over 1 year	-13.43%	-14.25%	+0.82%
Max Drawdown (3Y) Largest decline over 3 years	-34.18%	-44.00%	+9.82%
Max Drawdown (5Y) Largest decline over 5 years	-41.93%	-53.00%	+11.07%
Current Drawdown Current decline from peak	-5.34%	-22.24%	+16.90%
Average Drawdown Average peak-to-trough decline	-15.08%	-22.35%	+7.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.17%	4.34%	-0.17%

Volatility

DRIV vs. IDRV - Volatility Comparison

Global X Autonomous & Electric Vehicles ETF (DRIV) has a higher volatility of 12.79% compared to iShares Self-Driving EV and Tech ETF (IDRV) at 11.16%. This indicates that DRIV's price experiences larger fluctuations and is considered to be riskier than IDRV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DRIV	IDRV	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.79%	11.16%	+1.63%
Volatility (6M) Calculated over the trailing 6-month period	22.12%	21.22%	+0.90%
Volatility (1Y) Calculated over the trailing 1-year period	27.22%	26.33%	+0.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.49%	28.02%	-0.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.59%	28.23%	-0.64%

DRIV vs. IDRV - Expense Ratio Comparison

DRIV has a 0.68% expense ratio, which is higher than IDRV's 0.48% expense ratio.

Dividends

DRIV vs. IDRV - Dividend Comparison

DRIV's dividend yield for the trailing twelve months is around 0.79%, less than IDRV's 1.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DRIV Global X Autonomous & Electric Vehicles ETF	0.79%	1.07%	2.07%	1.62%	1.24%	0.32%	0.29%	1.23%	2.79%
IDRV iShares Self-Driving EV and Tech ETF	1.61%	1.70%	2.68%	2.17%	2.29%	1.12%	0.69%	1.29%	0.00%

Frequently Asked Questions

Can I hold both DRIV and IDRV in my portfolio?

DRIV and IDRV have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DRIV or IDRV?

DRIV has higher volatility (12.79%) compared to IDRV (11.16%). In terms of maximum drawdown, DRIV dropped -41.93% vs IDRV's -53.00%.

Which ETF is better, DRIV or IDRV?

On 5-year performance, DRIV leads with 9.02% vs -1.98% for IDRV. On fees, IDRV is cheaper at 0.48% per year. On volatility, IDRV has been the lower-risk option at 11.16%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DRIV or IDRV?

Over the 5-year period, DRIV has performed better with a 9.02% return vs -1.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DRIV or IDRV?

IDRV is cheaper with a 0.48% expense ratio, compared with 0.68% for DRIV.

Which ETF pays a higher dividend yield, DRIV or IDRV?

IDRV has the higher dividend yield at 1.61%, compared with 0.79% for DRIV.

What is the main difference between DRIV and IDRV?

DRIV is categorized as Global Equities, while IDRV is Technology Equities. DRIV tracks Solactive Autonomous & Electric Vehicles Index, while IDRV tracks NYSE FactSet Global Autonomous Driving and Electric Vehicle Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.68% for DRIV and 0.48% for IDRV.

Which has better risk-adjusted returns?

DRIV currently has the higher Sharpe Ratio (3.08 vs 1.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.