PortfoliosLab logo
EVX vs. DRIV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EVX and DRIV is 0.72, 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.


-0.50.00.51.0
Correlation: 0.7

Performance

EVX vs. DRIV - Performance Comparison

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

20.00%40.00%60.00%80.00%100.00%120.00%140.00%NovemberDecember2025FebruaryMarchApril
125.15%
49.74%
EVX
DRIV

Key characteristics

Sharpe Ratio

EVX:

0.55

DRIV:

-0.25

Sortino Ratio

EVX:

0.89

DRIV:

-0.17

Omega Ratio

EVX:

1.12

DRIV:

0.98

Calmar Ratio

EVX:

0.65

DRIV:

-0.17

Martin Ratio

EVX:

2.20

DRIV:

-0.67

Ulcer Index

EVX:

4.41%

DRIV:

10.32%

Daily Std Dev

EVX:

17.56%

DRIV:

27.89%

Max Drawdown

EVX:

-55.91%

DRIV:

-41.93%

Current Drawdown

EVX:

-6.91%

DRIV:

-32.08%

Returns By Period

In the year-to-date period, EVX achieves a 1.83% return, which is significantly higher than DRIV's -9.58% return.


EVX

YTD

1.83%

1M

-2.35%

6M

-2.34%

1Y

10.03%

5Y*

17.68%

10Y*

14.29%

DRIV

YTD

-9.58%

1M

-6.19%

6M

-8.78%

1Y

-8.98%

5Y*

11.99%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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


EVX vs. DRIV - Expense Ratio Comparison

EVX has a 0.55% expense ratio, which is lower than DRIV's 0.68% expense ratio.


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%
Expense ratio chart for EVX: current value is 0.55%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
EVX: 0.55%

Risk-Adjusted Performance

EVX vs. DRIV — Risk-Adjusted Performance Rank

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

EVX
The Risk-Adjusted Performance Rank of EVX is 6464
Overall Rank
The Sharpe Ratio Rank of EVX is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of EVX is 6262
Sortino Ratio Rank
The Omega Ratio Rank of EVX is 5959
Omega Ratio Rank
The Calmar Ratio Rank of EVX is 7272
Calmar Ratio Rank
The Martin Ratio Rank of EVX is 6464
Martin Ratio Rank

DRIV
The Risk-Adjusted Performance Rank of DRIV is 1111
Overall Rank
The Sharpe Ratio Rank of DRIV is 1111
Sharpe Ratio Rank
The Sortino Ratio Rank of DRIV is 1111
Sortino Ratio Rank
The Omega Ratio Rank of DRIV is 1111
Omega Ratio Rank
The Calmar Ratio Rank of DRIV is 1111
Calmar Ratio Rank
The Martin Ratio Rank of DRIV is 1010
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.

EVX vs. DRIV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Environmental Services ETF (EVX) and Global X Autonomous & Electric Vehicles ETF (DRIV). 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 EVX, currently valued at 0.55, compared to the broader market-1.000.001.002.003.004.00
EVX: 0.55
DRIV: -0.25
The chart of Sortino ratio for EVX, currently valued at 0.89, compared to the broader market-2.000.002.004.006.008.00
EVX: 0.89
DRIV: -0.17
The chart of Omega ratio for EVX, currently valued at 1.12, compared to the broader market0.501.001.502.002.50
EVX: 1.12
DRIV: 0.98
The chart of Calmar ratio for EVX, currently valued at 0.65, compared to the broader market0.002.004.006.008.0010.0012.00
EVX: 0.65
DRIV: -0.17
The chart of Martin ratio for EVX, currently valued at 2.20, compared to the broader market0.0020.0040.0060.00
EVX: 2.20
DRIV: -0.67

The current EVX Sharpe Ratio is 0.55, which is higher than the DRIV Sharpe Ratio of -0.25. The chart below compares the historical Sharpe Ratios of EVX and DRIV, 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-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.55
-0.25
EVX
DRIV

Dividends

EVX vs. DRIV - Dividend Comparison

EVX's dividend yield for the trailing twelve months is around 0.46%, less than DRIV's 2.28% yield.


TTM20242023202220212020201920182017201620152014
EVX
VanEck Vectors Environmental Services ETF
0.46%0.46%0.95%0.41%0.24%0.32%0.44%0.38%0.89%0.70%1.16%1.58%
DRIV
Global X Autonomous & Electric Vehicles ETF
2.28%2.06%1.62%1.24%0.32%0.29%1.23%2.79%0.00%0.00%0.00%0.00%

Drawdowns

EVX vs. DRIV - Drawdown Comparison

The maximum EVX drawdown since its inception was -55.91%, which is greater than DRIV's maximum drawdown of -41.93%. Use the drawdown chart below to compare losses from any high point for EVX and DRIV. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-6.91%
-32.08%
EVX
DRIV

Volatility

EVX vs. DRIV - Volatility Comparison

The current volatility for VanEck Vectors Environmental Services ETF (EVX) is 10.85%, while Global X Autonomous & Electric Vehicles ETF (DRIV) has a volatility of 17.00%. This indicates that EVX experiences smaller price fluctuations and is considered to be less risky than DRIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
10.85%
17.00%
EVX
DRIV