GXTG vs. DRIV

Last updated Jun 25, 2026

GXTG (Global X Thematic Growth ETF) and DRIV (Global X Autonomous & Electric Vehicles ETF) are both Global Equities funds from Global X - GXTG tracks the Solactive Thematic Growth Index while DRIV tracks the Solactive Autonomous & Electric Vehicles Index. Both are passively managed. Over the past 5 years, GXTG returned -11.18%/yr vs 7.51%/yr for DRIV. Their correlation of 0.80 suggests significant overlap in exposure. GXTG charges 0.50%/yr vs 0.68%/yr for DRIV.

Performance

GXTG vs. DRIV - Performance Comparison

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

Returns By Period

In the year-to-date period, GXTG achieves a 11.13% return, which is significantly lower than DRIV's 28.07% return.

GXTG

• 1D: -1.82%
• 1M: -9.22%
• YTD: 11.13%
• 6M: 7.58%
• 1Y: 6.14%
• 3Y*: 2.20%
• 5Y*: -11.18%
• 10Y*: —

DRIV

• 1D: -1.13%
• 1M: -6.23%
• YTD: 28.07%
• 6M: 25.63%
• 1Y: 66.02%
• 3Y*: 16.77%
• 5Y*: 7.51%
• 10Y*: —

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

GXTG vs. DRIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
GXTG Global X Thematic Growth ETF	11.13%	3.52%	-3.55%	10.26%	-48.08%	3.21%	61.07%	4.74%
DRIV Global X Autonomous & Electric Vehicles ETF	28.07%	30.42%	-5.04%	26.14%	-34.13%	27.80%	62.76%	6.46%

Correlation

The correlation between GXTG and DRIV is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since Nov 4, 2019	0.80

The correlation between GXTG and DRIV has been stable across timeframes, ranging from 0.80 to 0.85 - a consistent structural relationship.

GXTG vs. DRIV - Sectors Allocation Comparison

Sectors	GXTG	DRIV
Technology	22.3%	37.3%
Basic Materials	14.4%	13.7%
Utilities	12.4%	-
Communication Services	11.7%	5.7%
Consumer Cyclical	11.5%	25.3%
Healthcare	10.5%	-
Industrials	8.0%	18.0%
Real Estate	6.9%	-
Financial Services	2.3%	-
Consumer Defensive	-	-
Energy	-	-

Return for Risk

GXTG vs. DRIV — Risk / Return Rank

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

GXTG

GXTG Risk / Return Rank: 12
GXTG Sharpe Ratio Rank: 12
GXTG Sortino Ratio Rank: 12
GXTG Omega Ratio Rank: 12
GXTG Calmar Ratio Rank: 12
GXTG Martin Ratio Rank: 12

DRIV

DRIV Risk / Return Rank: 81
DRIV Sharpe Ratio Rank: 84
DRIV Sortino Ratio Rank: 73
DRIV Omega Ratio Rank: 74
DRIV Calmar Ratio Rank: 90
DRIV Martin Ratio Rank: 84

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.

GXTG vs. DRIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Thematic Growth ETF (GXTG) 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.

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.

	GXTG	DRIV	Difference
Sharpe ratio: Return per unit of total volatility	0.22	2.41	-2.19
Sortino ratio: Return per unit of downside risk	0.48	2.93	-2.44
Omega ratio: Gain probability vs. loss probability	1.06	1.39	-0.33
Calmar ratio: Return relative to maximum drawdown	0.25	4.94	-4.69
Martin ratio: Return relative to average drawdown	0.58	15.51	-14.93

GXTG vs. DRIV - Sharpe Ratio Comparison

The current GXTG Sharpe Ratio is 0.22, which is lower than the DRIV Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of GXTG and DRIV, 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

GXTG vs. DRIV - Drawdown Comparison

The maximum GXTG drawdown since its inception was -67.81%, which is greater than DRIV's maximum drawdown of -41.93%. Use the drawdown chart below to compare losses from any high point for GXTG and DRIV.

Drawdown Indicators

	GXTG	DRIV	Difference
Max Drawdown Largest peak-to-trough decline	-67.81%	-41.93%	-25.88%
Max Drawdown (1Y) Largest decline over 1 year	-24.65%	-13.43%	-11.22%
Max Drawdown (3Y) Largest decline over 3 years	-31.89%	-34.18%	+2.29%
Max Drawdown (5Y) Largest decline over 5 years	-61.17%	-41.93%	-19.24%
Current Drawdown Current decline from peak	-56.07%	-10.92%	-45.15%
Average Drawdown Average peak-to-trough decline	-43.16%	-15.07%	-28.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.63%	4.27%	+6.36%

Volatility

GXTG vs. DRIV - Volatility Comparison

Global X Thematic Growth ETF (GXTG) and Global X Autonomous & Electric Vehicles ETF (DRIV) have volatilities of 13.77% and 13.38%, 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.

Volatility by Period

	GXTG	DRIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.77%	13.38%	+0.39%
Volatility (6M) Calculated over the trailing 6-month period	22.56%	22.72%	-0.16%
Volatility (1Y) Calculated over the trailing 1-year period	28.43%	27.65%	+0.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.19%	27.57%	+0.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.87%	27.63%	+2.24%

GXTG vs. DRIV - Expense Ratio Comparison

GXTG has a 0.50% expense ratio, which is lower than DRIV's 0.68% expense ratio.

Dividends

GXTG vs. DRIV - Dividend Comparison

GXTG's dividend yield for the trailing twelve months is around 1.26%, more than DRIV's 0.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DRIV Global X Autonomous & Electric Vehicles ETF	0.83%	1.07%	2.07%	1.62%	1.24%	0.32%	0.29%	1.23%	2.79%
GXTG Global X Thematic Growth ETF	1.26%	1.40%	1.08%	1.99%	1.48%	1.56%	0.48%	0.31%	0.00%

Frequently Asked Questions

Can I hold both GXTG and DRIV in my portfolio?

GXTG and DRIV have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GXTG or DRIV?

GXTG has higher volatility (13.77%) compared to DRIV (13.38%). In terms of maximum drawdown, GXTG dropped -67.81% vs DRIV's -41.93%.

Which ETF is better, GXTG or DRIV?

On 5-year performance, DRIV leads with 7.51% vs -11.18% for GXTG. On fees, GXTG is cheaper at 0.50% per year. On volatility, DRIV has been the lower-risk option at 13.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GXTG or DRIV?

Over the 5-year period, DRIV has performed better with a 7.51% return vs -11.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GXTG or DRIV?

GXTG is cheaper with a 0.50% expense ratio, compared with 0.68% for DRIV.

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

GXTG has the higher dividend yield at 1.26%, compared with 0.83% for DRIV.

What is the main difference between GXTG and DRIV?

GXTG tracks Solactive Thematic Growth Index, while DRIV tracks Solactive Autonomous & Electric Vehicles Index. Their fees differ too: 0.50% for GXTG and 0.68% for DRIV.

Which has better risk-adjusted returns?

DRIV currently has the higher Sharpe Ratio (2.41 vs 0.22), 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.