IDRV vs. BATT
Compare and contrast key facts about iShares Self-driving EV & Tech ETF (IDRV) and Amplify Lithium & Battery Technology ETF (BATT).
IDRV and BATT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IDRV is a passively managed fund by iShares that tracks the performance of the NYSE FactSet Global Autonomous Driving and Electric Vehicle Index. It was launched on Apr 16, 2019. BATT is an actively managed fund by Amplify Investments. It was launched on Jun 6, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IDRV or BATT.
Correlation
The correlation between IDRV and BATT is 0.63, 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.
Performance
IDRV vs. BATT - Performance Comparison
Key characteristics
IDRV:
0.10
BATT:
-0.13
IDRV:
0.36
BATT:
0.02
IDRV:
1.04
BATT:
1.00
IDRV:
0.06
BATT:
-0.06
IDRV:
0.37
BATT:
-0.38
IDRV:
7.99%
BATT:
10.62%
IDRV:
29.93%
BATT:
30.16%
IDRV:
-53.00%
BATT:
-69.38%
IDRV:
-44.84%
BATT:
-54.47%
Returns By Period
In the year-to-date period, IDRV achieves a -0.86% return, which is significantly higher than BATT's -6.25% return.
IDRV
-0.86%
-6.55%
-2.71%
1.81%
6.66%
N/A
BATT
-6.25%
-7.61%
-8.93%
-4.43%
4.76%
N/A
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IDRV vs. BATT - Expense Ratio Comparison
IDRV has a 0.47% expense ratio, which is lower than BATT's 0.59% expense ratio.
Risk-Adjusted Performance
IDRV vs. BATT — Risk-Adjusted Performance Rank
IDRV
BATT
IDRV vs. BATT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Self-driving EV & Tech ETF (IDRV) and Amplify Lithium & Battery Technology ETF (BATT). 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.
Dividends
IDRV vs. BATT - Dividend Comparison
IDRV's dividend yield for the trailing twelve months is around 2.71%, less than BATT's 3.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
IDRV iShares Self-driving EV & Tech ETF | 2.71% | 2.68% | 2.17% | 2.29% | 1.12% | 0.69% | 1.29% | 0.00% |
BATT Amplify Lithium & Battery Technology ETF | 3.38% | 3.17% | 3.23% | 4.14% | 2.32% | 0.21% | 3.22% | 0.89% |
Drawdowns
IDRV vs. BATT - Drawdown Comparison
The maximum IDRV drawdown since its inception was -53.00%, smaller than the maximum BATT drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for IDRV and BATT. For additional features, visit the drawdowns tool.
Volatility
IDRV vs. BATT - Volatility Comparison
iShares Self-driving EV & Tech ETF (IDRV) and Amplify Lithium & Battery Technology ETF (BATT) have volatilities of 15.58% and 16.06%, 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.