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DRIV vs. MOTO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DRIV and MOTO is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

DRIV vs. MOTO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Autonomous & Electric Vehicles ETF (DRIV) and SmartETFs Smart Transportation & Technology ETF (MOTO). The values are adjusted to include any dividend payments, if applicable.

50.00%60.00%70.00%80.00%90.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
70.43%
86.07%
DRIV
MOTO

Key characteristics

Sharpe Ratio

DRIV:

-0.10

MOTO:

0.28

Sortino Ratio

DRIV:

0.01

MOTO:

0.51

Omega Ratio

DRIV:

1.00

MOTO:

1.06

Calmar Ratio

DRIV:

-0.07

MOTO:

0.29

Martin Ratio

DRIV:

-0.28

MOTO:

0.90

Ulcer Index

DRIV:

7.93%

MOTO:

6.12%

Daily Std Dev

DRIV:

22.04%

MOTO:

19.34%

Max Drawdown

DRIV:

-39.24%

MOTO:

-38.24%

Current Drawdown

DRIV:

-24.96%

MOTO:

-8.58%

Returns By Period

In the year-to-date period, DRIV achieves a -5.15% return, which is significantly lower than MOTO's 2.77% return.


DRIV

YTD

-5.15%

1M

-0.56%

6M

-1.43%

1Y

-4.25%

5Y*

10.52%

10Y*

N/A

MOTO

YTD

2.77%

1M

1.22%

6M

-3.56%

1Y

3.79%

5Y*

12.19%

10Y*

N/A

Compare stocks, funds, or ETFs

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


DRIV vs. MOTO - Expense Ratio Comparison

Both DRIV and MOTO have an expense ratio of 0.68%.


DRIV
Global X Autonomous & Electric Vehicles ETF
Expense ratio chart for DRIV: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%
Expense ratio chart for MOTO: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%

Risk-Adjusted Performance

DRIV vs. MOTO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Autonomous & Electric Vehicles ETF (DRIV) and SmartETFs Smart Transportation & Technology ETF (MOTO). 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.


Sharpe ratio
The chart of Sharpe ratio for DRIV, currently valued at -0.10, compared to the broader market0.002.004.00-0.100.28
The chart of Sortino ratio for DRIV, currently valued at 0.01, compared to the broader market-2.000.002.004.006.008.0010.000.010.51
The chart of Omega ratio for DRIV, currently valued at 1.00, compared to the broader market0.501.001.502.002.503.001.001.06
The chart of Calmar ratio for DRIV, currently valued at -0.07, compared to the broader market0.005.0010.0015.00-0.070.29
The chart of Martin ratio for DRIV, currently valued at -0.28, compared to the broader market0.0020.0040.0060.0080.00100.00-0.280.90
DRIV
MOTO

The current DRIV Sharpe Ratio is -0.10, which is lower than the MOTO Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of DRIV and MOTO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
-0.10
0.28
DRIV
MOTO

Dividends

DRIV vs. MOTO - Dividend Comparison

DRIV's dividend yield for the trailing twelve months is around 1.75%, more than MOTO's 1.06% yield.


TTM202320222021202020192018
DRIV
Global X Autonomous & Electric Vehicles ETF
1.75%1.62%1.24%0.32%0.29%1.23%2.79%
MOTO
SmartETFs Smart Transportation & Technology ETF
1.06%2.73%2.33%0.55%2.71%0.00%0.00%

Drawdowns

DRIV vs. MOTO - Drawdown Comparison

The maximum DRIV drawdown since its inception was -39.24%, roughly equal to the maximum MOTO drawdown of -38.24%. Use the drawdown chart below to compare losses from any high point for DRIV and MOTO. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-24.96%
-8.58%
DRIV
MOTO

Volatility

DRIV vs. MOTO - Volatility Comparison

Global X Autonomous & Electric Vehicles ETF (DRIV) has a higher volatility of 5.12% compared to SmartETFs Smart Transportation & Technology ETF (MOTO) at 4.16%. This indicates that DRIV's price experiences larger fluctuations and is considered to be riskier than MOTO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.12%
4.16%
DRIV
MOTO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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