DRIV vs. INKM
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 4.90%/yr vs 4.22%/yr for INKM. Their 0.67 correlation means they have sometimes moved together and sometimes differently. DRIV charges 0.68%/yr vs 0.50%/yr for INKM.
Performance
DRIV vs. INKM - Performance Comparison
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Returns By Period
In the year-to-date period, DRIV achieves a 13.45% return, which is significantly higher than INKM's 6.66% return.
DRIV
- 1D
- 0.14%
- 1M
- -9.42%
- 6M
- 2.21%
- YTD
- 13.45%
- 1Y
- 34.04%
- 3Y*
- 8.29%
- 5Y*
- 4.90%
- 10Y*
- —
- ALL TIME*
- 11.52%
INKM
- 1D
- 0.12%
- 1M
- 0.24%
- 6M
- 4.23%
- YTD
- 6.66%
- 1Y
- 11.07%
- 3Y*
- 9.19%
- 5Y*
- 4.22%
- 10Y*
- 5.26%
- ALL TIME*
- 5.29%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.00M | $1.79M | $2.96M | |
| $96.88K | $95.91K | $253.71K |
DRIV vs. INKM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
DRIV Global X Autonomous & Electric Vehicles ETF | 13.45% | 30.42% | -5.04% | 26.14% | -34.13% | 27.80% | 62.76% | 28.54% | -21.03% |
INKM SPDR SSgA Income Allocation ETF | 6.66% | 11.86% | 5.70% | 10.26% | -12.58% | 8.52% | 3.11% | 17.12% | -3.78% |
Correlation
The correlation between DRIV and INKM is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.53 |
Correlation (3Y) Balances recent behavior with more history. | 0.58 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.65 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2018 | 0.67 |
The correlation between DRIV and INKM shifts across timeframes, from 0.53 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DRIV vs. INKM — Risk / Return Rank
DRIV
INKM
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.
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 | INKM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.34 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | 2.44 | -0.83 |
| Martin ratioReturn relative to average drawdown | 5.40 | 9.61 | -4.20 |
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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
| DRIV | INKM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.93% | -28.58% | -13.35% |
Max Drawdown (1Y)Largest decline over 1 year | -21.20% | -4.55% | -16.65% |
Max Drawdown (3Y)Largest decline over 3 years | -34.18% | -8.95% | -25.23% |
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 DrawdownCurrent decline from peak | -21.09% | -0.22% | -20.87% |
Average DrawdownAverage peak-to-trough decline | -15.08% | -3.66% | -11.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.33% | 1.16% | +5.17% |
Volatility
DRIV vs. INKM - Volatility Comparison
Global X Autonomous & Electric Vehicles ETF (DRIV) has a higher volatility of 10.11% compared to SPDR SSgA Income Allocation ETF (INKM) at 1.10%. 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
| DRIV | INKM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.11% | 1.10% | +9.01% |
Volatility (6M)Calculated over the trailing 6-month period | 24.16% | 4.66% | +19.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.04% | 6.02% | +23.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.84% | 8.30% | +19.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.71% | 9.75% | +17.96% |
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 0.65%, less than INKM's 4.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DRIV Global X Autonomous & Electric Vehicles ETF | 0.65% | 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 | 4.78% | 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 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DRIV has higher volatility (10.11%) compared to INKM (1.10%). In terms of maximum drawdown, DRIV dropped -41.93% vs INKM's -28.58%.
On 5-year performance, DRIV leads with 4.90% vs 4.22% for INKM. On fees, INKM is cheaper at 0.50% per year. On volatility, INKM has been the lower-risk option at 1.10%. 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 4.90% return vs 4.22%. 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 4.78%, compared with 0.65% 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.
INKM currently has the higher Sharpe Ratio (1.85 vs 1.18), 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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