DRVE.L vs. ECAR.L
Compare and contrast key facts about Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating (DRVE.L) and iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (ECAR.L).
DRVE.L and ECAR.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DRVE.L is a passively managed fund by Global X that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 16, 2021. ECAR.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Feb 20, 2019. Both DRVE.L and ECAR.L 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
DRVE.L vs. ECAR.L - Performance Comparison
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DRVE.L vs. ECAR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DRVE.L Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating | 4.55% | 29.05% | -5.06% | 27.62% | -34.64% | -1.80% |
ECAR.L iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) | 1.88% | 24.33% | -0.93% | 27.09% | -27.28% | -4.08% |
Returns By Period
In the year-to-date period, DRVE.L achieves a 4.55% return, which is significantly higher than ECAR.L's 1.88% return.
DRVE.L
- 1D
- 4.35%
- 1M
- -3.48%
- YTD
- 4.55%
- 6M
- 9.95%
- 1Y
- 47.92%
- 3Y*
- 12.19%
- 5Y*
- —
- 10Y*
- —
ECAR.L
- 1D
- -1.59%
- 1M
- 0.43%
- YTD
- 1.88%
- 6M
- 2.58%
- 1Y
- 36.12%
- 3Y*
- 10.34%
- 5Y*
- 4.45%
- 10Y*
- —
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DRVE.L vs. ECAR.L - Expense Ratio Comparison
DRVE.L has a 0.50% expense ratio, which is higher than ECAR.L's 0.40% expense ratio.
Return for Risk
DRVE.L vs. ECAR.L — Risk / Return Rank
DRVE.L
ECAR.L
DRVE.L vs. ECAR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating (DRVE.L) and iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (ECAR.L). 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.
| DRVE.L | ECAR.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.06 | 1.44 | -0.38 |
Sortino ratioReturn per unit of downside risk | 1.72 | 2.00 | -0.28 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.25 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.94 | 3.35 | -1.41 |
Martin ratioReturn relative to average drawdown | 7.68 | 10.46 | -2.78 |
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
| DRVE.L | ECAR.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 1.44 | -0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.19 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.37 | -0.34 |
Correlation
The correlation between DRVE.L and ECAR.L is 0.76, 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.
Dividends
DRVE.L vs. ECAR.L - Dividend Comparison
Neither DRVE.L nor ECAR.L has paid dividends to shareholders.
Drawdowns
DRVE.L vs. ECAR.L - Drawdown Comparison
The maximum DRVE.L drawdown since its inception was -41.48%, roughly equal to the maximum ECAR.L drawdown of -42.77%. Use the drawdown chart below to compare losses from any high point for DRVE.L and ECAR.L.
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Drawdown Indicators
| DRVE.L | ECAR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.48% | -42.77% | +1.29% |
Max Drawdown (1Y)Largest decline over 1 year | -24.84% | -13.03% | -11.81% |
Max Drawdown (5Y)Largest decline over 5 years | — | -36.21% | — |
Current DrawdownCurrent decline from peak | -7.36% | -8.60% | +1.24% |
Average DrawdownAverage peak-to-trough decline | -21.45% | -11.80% | -9.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.29% | 4.17% | +2.12% |
Volatility
DRVE.L vs. ECAR.L - Volatility Comparison
The current volatility for Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating (DRVE.L) is 8.34%, while iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (ECAR.L) has a volatility of 9.03%. This indicates that DRVE.L experiences smaller price fluctuations and is considered to be less risky than ECAR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DRVE.L | ECAR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.34% | 9.03% | -0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 16.91% | 17.21% | -0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.83% | 24.93% | +19.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.70% | 23.77% | +11.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.70% | 25.19% | +10.51% |