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DRIV vs. INKM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DRIV vs. INKM

Last updated Jun 4, 2026

DRIV (Global X Autonomous & Electric Vehicles ETF) and INKM (SPDR SSgA Income Allocation ETF) are both Global Equities funds. DRIV is passively managed, while INKM is actively managed. Over the past 5 years, DRIV returned 9.49%/yr vs 3.96%/yr for INKM. A 0.68 correlation means they provide meaningful diversification when combined. DRIV charges 0.68%/yr vs 0.50%/yr for INKM.

Performance

DRIV vs. INKM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Autonomous & Electric Vehicles ETF (DRIV) and SPDR SSgA Income Allocation ETF (INKM). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DRIV achieves a 42.27% return, which is significantly higher than INKM's 5.61% return.

DRIV

1D
-1.04%
1M
12.34%
YTD
42.27%
6M
41.87%
1Y
92.43%
3Y*
21.80%
5Y*
9.49%
10Y*
—

INKM

1D
-0.29%
1M
0.93%
YTD
5.61%
6M
5.74%
1Y
13.00%
3Y*
10.04%
5Y*
3.96%
10Y*
5.59%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DRIV vs. INKM - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
DRIV
Global X Autonomous & Electric Vehicles ETF		42.27%30.42%-5.04%26.14%-34.13%27.80%62.76%28.54%-21.49%
INKM
SPDR SSgA Income Allocation ETF		5.61%11.86%5.70%10.26%-12.58%8.52%3.11%17.12%-4.30%

Correlation

The correlation between DRIV and INKM is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.59

Correlation (3Y)
Calculated over the trailing 3-year period

0.61

Correlation (5Y)
Calculated over the trailing 5-year period

0.67

Correlation (All Time)
Calculated using the full available price history since Apr 18, 2018

0.68

The correlation between DRIV and INKM has been stable across timeframes, ranging from 0.59 to 0.68 - a consistent structural relationship.

DRIV vs. INKM - Sectors Allocation Comparison

Sectors
DRIV
INKM

Technology

34.0%
13.2%

Consumer Cyclical

26.8%
5.1%

Industrials

19.4%
14.6%

Basic Materials

14.4%
1.4%

Communication Services

5.4%
6.2%

Consumer Defensive

-

8.6%

Energy

-

11.1%

Financial Services

-

8.3%

Healthcare

-

6.8%

Real Estate

-

10.9%

Utilities

-

13.9%

Technology

DRIV
34.0%
INKM
13.2%

Consumer Cyclical

DRIV
26.8%
INKM
5.1%

Industrials

DRIV
19.4%
INKM
14.6%

Basic Materials

DRIV
14.4%
INKM
1.4%

Communication Services

DRIV
5.4%
INKM
6.2%

Consumer Defensive

DRIV

-

INKM
8.6%

Energy

DRIV

-

INKM
11.1%

Financial Services

DRIV

-

INKM
8.3%

Healthcare

DRIV

-

INKM
6.8%

Real Estate

DRIV

-

INKM
10.9%

Utilities

DRIV

-

INKM
13.9%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X Autonomous & Electric Vehicles ETF

SPDR SSgA Income Allocation ETF

Often compared with DRIV:
DRIV vs. IDRVDRIV vs. KARSDRIV vs. LITDRIV vs. QCLNDRIV vs. WCLDDRIV vs. VOODRIV vs. VGT
Often compared with INKM:
INKM vs. INCMINKM vs. GALINKM vs. AOAINKM vs. CEFSINKM vs. VOOINKM vs. SPHYINKM vs. DIVO

Return for Risk

DRIV vs. INKM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DRIV
DRIV Risk / Return Rank: 9292
Overall Rank
DRIV Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
DRIV Sortino Ratio Rank: 9191
Sortino Ratio Rank
DRIV Omega Ratio Rank: 8787
Omega Ratio Rank
DRIV Calmar Ratio Rank: 9393
Calmar Ratio Rank
DRIV Martin Ratio Rank: 9292
Martin Ratio Rank
INKM
INKM Risk / Return Rank: 6565
Overall Rank
INKM Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
INKM Sortino Ratio Rank: 6868
Sortino Ratio Rank
INKM Omega Ratio Rank: 6969
Omega Ratio Rank
INKM Calmar Ratio Rank: 5858
Calmar Ratio Rank
INKM Martin Ratio Rank: 6363
Martin Ratio Rank
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. INKM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Autonomous & Electric Vehicles ETF (DRIV) and SPDR SSgA Income Allocation ETF (INKM). 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.

DRIVINKMDifference
Sharpe ratioReturn per unit of total volatility
3.70
2.20

+1.50

Sortino ratioReturn per unit of downside risk
4.35
3.12

+1.23

Omega ratioGain probability vs. loss probability

1.55

1.42

+0.14

Calmar ratioReturn relative to maximum drawdown

6.92

2.87

+4.05

Martin ratioReturn relative to average drawdown

24.10

11.30

+12.79

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DRIV vs. INKM - Sharpe Ratio Comparison

The current DRIV Sharpe Ratio is 3.70, which is higher than the INKM Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of DRIV and INKM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

DRIVINKMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.70

2.20

+1.50

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.35

0.48

-0.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.57

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.54

0.57

-0.03

Drawdowns

DRIV vs. INKM - Drawdown Comparison

The maximum DRIV drawdown since its inception was -41.93%, which is greater than INKM's maximum drawdown of -28.58%. Use the drawdown chart below to compare losses from any high point for DRIV and INKM.

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Drawdown Indicators

DRIVINKMDifference

Max Drawdown

Largest peak-to-trough decline

-41.93%

-28.58%

-13.35%

Max Drawdown (1Y)

Largest decline over 1 year

-13.43%

-4.55%

-8.88%

Max Drawdown (3Y)

Largest decline over 3 years

-34.18%

-9.25%

-24.93%

Max Drawdown (5Y)

Largest decline over 5 years

-41.93%

-19.18%

-22.75%

Max Drawdown (10Y)

Largest decline over 10 years

—

-28.58%

—

Current Drawdown

Current decline from peak

-1.04%

-0.33%

-0.71%

Average Drawdown

Average peak-to-trough decline

-15.13%

-3.69%

-11.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.85%

1.15%

+2.70%

Volatility

DRIV vs. INKM - Volatility Comparison

Global X Autonomous & Electric Vehicles ETF (DRIV) has a higher volatility of 9.36% compared to SPDR SSgA Income Allocation ETF (INKM) at 1.67%. This indicates that DRIV's price experiences larger fluctuations and is considered to be riskier than INKM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DRIVINKMDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.36%

1.67%

+7.69%

Volatility (6M)

Calculated over the trailing 6-month period

19.29%

4.59%

+14.70%

Volatility (1Y)

Calculated over the trailing 1-year period

25.14%

5.95%

+19.19%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.07%

8.30%

+18.77%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.40%

9.78%

+17.62%

DRIV vs. INKM - Expense Ratio Comparison

DRIV has a 0.68% expense ratio, which is higher than INKM's 0.50% expense ratio.

Dividends

DRIV vs. INKM - Dividend Comparison

DRIV's dividend yield for the trailing twelve months is around 0.75%, less than INKM's 4.86% yield.

PositionTTM20252024202320222021202020192018201720162015
DRIV
Global X Autonomous & Electric Vehicles ETF		0.75%1.07%2.07%1.62%1.24%0.32%0.29%1.23%2.79%0.00%0.00%0.00%
INKM
SPDR SSgA Income Allocation ETF		4.86%5.82%4.83%4.56%5.03%3.74%3.88%4.38%4.08%3.10%3.39%3.45%

Frequently Asked Questions

DRIV and INKM have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DRIV has higher volatility (9.36%) compared to INKM (1.67%). In terms of maximum drawdown, DRIV dropped -41.93% vs INKM's -28.58%.

On 5-year performance, DRIV leads with 9.49% vs 3.96% for INKM. On fees, INKM is cheaper at 0.50% per year. On volatility, INKM has been the lower-risk option at 1.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, DRIV has performed better with a 9.49% return vs 3.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

INKM is cheaper with a 0.50% expense ratio, compared with 0.68% for DRIV.

INKM has the higher dividend yield at 4.86%, compared with 0.75% for DRIV.

They also come from different issuers: Global X and State Street. Their fees differ too: 0.68% for DRIV and 0.50% for INKM.

DRIV currently has the higher Sharpe Ratio (3.70 vs 2.20), 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.

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