DRIV vs. TAN
Compare and contrast key facts about Global X Autonomous & Electric Vehicles ETF (DRIV) and Invesco Solar ETF (TAN).
DRIV and TAN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DRIV is a passively managed fund by Global X that tracks the performance of the Solactive Autonomous & Electric Vehicles Index. It was launched on Apr 13, 2018. TAN is a passively managed fund by Invesco that tracks the performance of the MAC Global Solar Energy Index. It was launched on Apr 15, 2008. Both DRIV and TAN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
DRIV vs. TAN - Performance Comparison
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DRIV vs. TAN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
DRIV Global X Autonomous & Electric Vehicles ETF | 4.48% | 30.42% | -5.04% | 26.14% | -34.13% | 27.80% | 62.76% | 28.54% | -21.49% |
TAN Invesco Solar ETF | 14.56% | 48.31% | -37.61% | -26.79% | -5.24% | -25.10% | 233.96% | 66.53% | -24.65% |
Returns By Period
In the year-to-date period, DRIV achieves a 4.48% return, which is significantly lower than TAN's 14.56% return.
DRIV
- 1D
- 1.28%
- 1M
- -5.07%
- YTD
- 4.48%
- 6M
- 7.96%
- 1Y
- 48.00%
- 3Y*
- 10.80%
- 5Y*
- 4.05%
- 10Y*
- —
TAN
- 1D
- 1.01%
- 1M
- -0.16%
- YTD
- 14.56%
- 6M
- 24.82%
- 1Y
- 82.69%
- 3Y*
- -10.00%
- 5Y*
- -9.00%
- 10Y*
- 10.44%
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DRIV vs. TAN - Expense Ratio Comparison
DRIV has a 0.68% expense ratio, which is lower than TAN's 0.69% expense ratio.
Return for Risk
DRIV vs. TAN — Risk / Return Rank
DRIV
TAN
DRIV vs. TAN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Autonomous & Electric Vehicles ETF (DRIV) and Invesco Solar ETF (TAN). 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.
| DRIV | TAN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.70 | 2.10 | -0.40 |
Sortino ratioReturn per unit of downside risk | 2.36 | 2.68 | -0.32 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.33 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 2.92 | 5.21 | -2.29 |
Martin ratioReturn relative to average drawdown | 10.98 | 13.78 | -2.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DRIV | TAN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.70 | 2.10 | -0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | -0.23 | +0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.28 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | -0.15 | +0.54 |
Correlation
The correlation between DRIV and TAN is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
DRIV vs. TAN - Dividend Comparison
DRIV's dividend yield for the trailing twelve months is around 1.02%, while TAN has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DRIV Global X Autonomous & Electric Vehicles ETF | 1.02% | 1.07% | 2.07% | 1.62% | 1.24% | 0.32% | 0.29% | 1.23% | 2.79% | 0.00% | 0.00% | 0.00% |
TAN Invesco Solar ETF | 0.00% | 0.00% | 0.50% | 0.09% | 0.00% | 0.00% | 0.09% | 0.30% | 0.69% | 1.77% | 5.04% | 1.60% |
Drawdowns
DRIV vs. TAN - Drawdown Comparison
The maximum DRIV drawdown since its inception was -41.93%, smaller than the maximum TAN drawdown of -95.29%. Use the drawdown chart below to compare losses from any high point for DRIV and TAN.
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Drawdown Indicators
| DRIV | TAN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.93% | -95.29% | +53.36% |
Max Drawdown (1Y)Largest decline over 1 year | -16.43% | -16.25% | -0.18% |
Max Drawdown (5Y)Largest decline over 5 years | -41.93% | -73.95% | +32.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -78.53% | — |
Current DrawdownCurrent decline from peak | -8.09% | -74.16% | +66.07% |
Average DrawdownAverage peak-to-trough decline | -15.42% | -78.57% | +63.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.37% | 6.15% | -1.78% |
Volatility
DRIV vs. TAN - Volatility Comparison
Global X Autonomous & Electric Vehicles ETF (DRIV) and Invesco Solar ETF (TAN) have volatilities of 9.69% and 10.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DRIV | TAN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.69% | 10.07% | -0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 19.24% | 26.24% | -7.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.34% | 39.51% | -11.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.73% | 39.82% | -13.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.34% | 37.78% | -10.44% |