DRIV vs. VCAR

Last updated Jul 7, 2026

DRIV (Global X Autonomous & Electric Vehicles ETF) and VCAR (Simplify Volt RoboCar Disruption and Tech ETF) are both exchange-traded funds - DRIV is a Global Equities fund tracking the Solactive Autonomous & Electric Vehicles Index, while VCAR is a Consumer Discretionary Equities fund actively managed by Simplify. DRIV is passively managed, while VCAR is actively managed. Over the past 5 years, DRIV returned 7.58%/yr vs 11.20%/yr for VCAR. A 0.66 correlation means they provide meaningful diversification when combined. DRIV charges 0.68%/yr vs 0.95%/yr for VCAR.

Performance

DRIV vs. VCAR - Performance Comparison

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

Returns By Period

In the year-to-date period, DRIV achieves a 27.45% return, which is significantly higher than VCAR's -4.42% return.

DRIV

• 1D: 2.42%
• 1M: -2.37%
• 6M: 22.42%
• YTD: 27.45%
• 1Y: 57.41%
• 3Y*: 14.61%
• 5Y*: 7.58%
• 10Y*: —

VCAR

• 1D: 6.62%
• 1M: 4.36%
• 6M: -4.54%
• YTD: -4.42%
• 1Y: -22.04%
• 3Y*: 29.20%
• 5Y*: 11.20%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DRIV vs. VCAR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
DRIV Global X Autonomous & Electric Vehicles ETF	27.45%	30.42%	-5.04%	26.14%	-34.13%	27.80%	1.27%
VCAR Simplify Volt RoboCar Disruption and Tech ETF	-4.42%	-14.73%	152.27%	58.33%	-61.11%	18.52%	2.57%

Correlation

The correlation between DRIV and VCAR is 0.55, 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	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (All Time) Calculated using the full available price history since Dec 29, 2020	0.66

The correlation between DRIV and VCAR shifts across timeframes, from 0.55 (1 year) to 0.66 (all time), reflecting how their relationship changes across market environments.

DRIV vs. VCAR - Sectors Allocation Comparison

Sectors	DRIV	VCAR
Technology	37.3%	-
Consumer Cyclical	25.3%	100.0%
Industrials	18.0%	-
Basic Materials	13.7%	-
Communication Services	5.7%	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

DRIV vs. VCAR — Risk / Return Rank

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

DRIV

DRIV Risk / Return Rank: 77
DRIV Sharpe Ratio Rank: 79
DRIV Sortino Ratio Rank: 69
DRIV Omega Ratio Rank: 69
DRIV Calmar Ratio Rank: 89
DRIV Martin Ratio Rank: 79

VCAR

VCAR Risk / Return Rank: 6
VCAR Sharpe Ratio Rank: 6
VCAR Sortino Ratio Rank: 7
VCAR Omega Ratio Rank: 7
VCAR Calmar Ratio Rank: 6
VCAR Martin Ratio Rank: 6

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. VCAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Autonomous & Electric Vehicles ETF (DRIV) and Simplify Volt RoboCar Disruption and Tech ETF (VCAR). 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	VCAR	Difference
Sharpe ratio: Return per unit of total volatility	2.06	-0.38	+2.44
Sortino ratio: Return per unit of downside risk	2.58	-0.21	+2.79
Omega ratio: Gain probability vs. loss probability	1.33	0.97	+0.36
Calmar ratio: Return relative to maximum drawdown	4.29	-0.39	+4.69
Martin ratio: Return relative to average drawdown	12.33	-0.66	+12.99

DRIV vs. VCAR - Sharpe Ratio Comparison

The current DRIV Sharpe Ratio is 2.06, which is higher than the VCAR Sharpe Ratio of -0.38. The chart below compares the historical Sharpe Ratios of DRIV and VCAR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DRIV vs. VCAR - Drawdown Comparison

The maximum DRIV drawdown since its inception was -41.93%, smaller than the maximum VCAR drawdown of -69.11%. Use the drawdown chart below to compare losses from any high point for DRIV and VCAR.

Drawdown Indicators

	DRIV	VCAR	Difference
Max Drawdown Largest peak-to-trough decline	-41.93%	-69.11%	+27.18%
Max Drawdown (1Y) Largest decline over 1 year	-13.44%	-56.12%	+42.68%
Max Drawdown (3Y) Largest decline over 3 years	-34.18%	-56.12%	+21.94%
Max Drawdown (5Y) Largest decline over 5 years	-41.93%	-69.11%	+27.18%
Current Drawdown Current decline from peak	-11.34%	-40.69%	+29.35%
Average Drawdown Average peak-to-trough decline	-15.06%	-37.74%	+22.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.67%	33.41%	-28.74%

Volatility

DRIV vs. VCAR - Volatility Comparison

The current volatility for Global X Autonomous & Electric Vehicles ETF (DRIV) is 13.74%, while Simplify Volt RoboCar Disruption and Tech ETF (VCAR) has a volatility of 20.46%. This indicates that DRIV experiences smaller price fluctuations and is considered to be less risky than VCAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DRIV	VCAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.74%	20.46%	-6.72%
Volatility (6M) Calculated over the trailing 6-month period	23.31%	38.63%	-15.32%
Volatility (1Y) Calculated over the trailing 1-year period	28.10%	57.66%	-29.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.69%	51.39%	-23.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.66%	50.35%	-22.69%

DRIV vs. VCAR - Expense Ratio Comparison

DRIV has a 0.68% expense ratio, which is lower than VCAR's 0.95% expense ratio.

Dividends

DRIV vs. VCAR - Dividend Comparison

DRIV's dividend yield for the trailing twelve months is around 0.58%, less than VCAR's 23.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DRIV Global X Autonomous & Electric Vehicles ETF	0.58%	1.07%	2.07%	1.62%	1.24%	0.32%	0.29%	1.23%	2.79%
VCAR Simplify Volt RoboCar Disruption and Tech ETF	23.15%	23.87%	0.62%	0.00%	0.83%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DRIV and VCAR in my portfolio?

DRIV and VCAR have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DRIV or VCAR?

VCAR has higher volatility (20.46%) compared to DRIV (13.74%). In terms of maximum drawdown, DRIV dropped -41.93% vs VCAR's -69.11%.

Which ETF is better, DRIV or VCAR?

On 5-year performance, VCAR leads with 11.20% vs 7.58% for DRIV. On fees, DRIV is cheaper at 0.68% per year. On volatility, DRIV has been the lower-risk option at 13.74%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DRIV or VCAR?

Over the 5-year period, VCAR has performed better with a 11.20% return vs 7.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DRIV or VCAR?

DRIV is cheaper with a 0.68% expense ratio, compared with 0.95% for VCAR.

Which ETF pays a higher dividend yield, DRIV or VCAR?

VCAR has the higher dividend yield at 23.15%, compared with 0.58% for DRIV.

What is the main difference between DRIV and VCAR?

DRIV is categorized as Global Equities, while VCAR is Consumer Discretionary Equities. They also come from different issuers: Global X and Simplify. Their fees differ too: 0.68% for DRIV and 0.95% for VCAR.

Which has better risk-adjusted returns?

DRIV currently has the higher Sharpe Ratio (2.06 vs -0.38), 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.