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

Correlation

The correlation between DRIV and TAN is 0.54, 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.


-0.50.00.51.0
Correlation: 0.5

Performance

DRIV vs. TAN - Performance Comparison

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

10.00%20.00%30.00%40.00%50.00%60.00%70.00%NovemberDecember2025FebruaryMarchApril
49.38%
18.96%
DRIV
TAN

Key characteristics

Sharpe Ratio

DRIV:

-0.22

TAN:

-0.69

Sortino Ratio

DRIV:

-0.13

TAN:

-0.85

Omega Ratio

DRIV:

0.99

TAN:

0.91

Calmar Ratio

DRIV:

-0.15

TAN:

-0.31

Martin Ratio

DRIV:

-0.59

TAN:

-1.11

Ulcer Index

DRIV:

10.26%

TAN:

24.36%

Daily Std Dev

DRIV:

27.89%

TAN:

39.09%

Max Drawdown

DRIV:

-41.93%

TAN:

-95.29%

Current Drawdown

DRIV:

-32.25%

TAN:

-86.68%

Returns By Period

In the year-to-date period, DRIV achieves a -9.80% return, which is significantly higher than TAN's -12.44% return.


DRIV

YTD

-9.80%

1M

-9.41%

6M

-8.12%

1Y

-7.77%

5Y*

12.56%

10Y*

N/A

TAN

YTD

-12.44%

1M

-9.74%

6M

-21.68%

1Y

-27.70%

5Y*

0.58%

10Y*

-4.05%

*Annualized

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. TAN - Expense Ratio Comparison

DRIV has a 0.68% expense ratio, which is lower than TAN's 0.69% expense ratio.


Expense ratio chart for TAN: current value is 0.69%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
TAN: 0.69%
Expense ratio chart for DRIV: current value is 0.68%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
DRIV: 0.68%

Risk-Adjusted Performance

DRIV vs. TAN — Risk-Adjusted Performance Rank

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

DRIV
The Risk-Adjusted Performance Rank of DRIV is 1212
Overall Rank
The Sharpe Ratio Rank of DRIV is 1212
Sharpe Ratio Rank
The Sortino Ratio Rank of DRIV is 1313
Sortino Ratio Rank
The Omega Ratio Rank of DRIV is 1313
Omega Ratio Rank
The Calmar Ratio Rank of DRIV is 1313
Calmar Ratio Rank
The Martin Ratio Rank of DRIV is 1212
Martin Ratio Rank

TAN
The Risk-Adjusted Performance Rank of TAN is 44
Overall Rank
The Sharpe Ratio Rank of TAN is 22
Sharpe Ratio Rank
The Sortino Ratio Rank of TAN is 22
Sortino Ratio Rank
The Omega Ratio Rank of TAN is 33
Omega Ratio Rank
The Calmar Ratio Rank of TAN is 77
Calmar Ratio Rank
The Martin Ratio Rank of TAN is 66
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

DRIV vs. TAN - Risk-Adjusted Performance 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.


The chart of Sharpe ratio for DRIV, currently valued at -0.22, compared to the broader market-1.000.001.002.003.004.00
DRIV: -0.22
TAN: -0.69
The chart of Sortino ratio for DRIV, currently valued at -0.13, compared to the broader market-2.000.002.004.006.008.00
DRIV: -0.13
TAN: -0.85
The chart of Omega ratio for DRIV, currently valued at 0.99, compared to the broader market0.501.001.502.002.50
DRIV: 0.99
TAN: 0.91
The chart of Calmar ratio for DRIV, currently valued at -0.15, compared to the broader market0.002.004.006.008.0010.0012.00
DRIV: -0.15
TAN: -0.34
The chart of Martin ratio for DRIV, currently valued at -0.59, compared to the broader market0.0020.0040.0060.00
DRIV: -0.59
TAN: -1.11

The current DRIV Sharpe Ratio is -0.22, which is higher than the TAN Sharpe Ratio of -0.69. The chart below compares the historical Sharpe Ratios of DRIV and TAN, 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-1.00-0.500.000.50NovemberDecember2025FebruaryMarchApril
-0.22
-0.69
DRIV
TAN

Dividends

DRIV vs. TAN - Dividend Comparison

DRIV's dividend yield for the trailing twelve months is around 2.29%, more than TAN's 0.57% yield.


TTM20242023202220212020201920182017201620152014
DRIV
Global X Autonomous & Electric Vehicles ETF
2.29%2.06%1.62%1.24%0.32%0.29%1.23%2.79%0.00%0.00%0.00%0.00%
TAN
Invesco Solar ETF
0.57%0.50%0.09%0.00%0.00%0.09%0.30%0.70%1.77%5.04%1.60%1.88%

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. For additional features, visit the drawdowns tool.


-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%NovemberDecember2025FebruaryMarchApril
-32.25%
-76.08%
DRIV
TAN

Volatility

DRIV vs. TAN - Volatility Comparison

Global X Autonomous & Electric Vehicles ETF (DRIV) has a higher volatility of 17.03% compared to Invesco Solar ETF (TAN) at 15.54%. This indicates that DRIV's price experiences larger fluctuations and is considered to be riskier than TAN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
17.03%
15.54%
DRIV
TAN