IDRV vs. GGTL

Last updated Jun 24, 2026

IDRV (iShares Self-Driving EV and Tech ETF) and GGTL (Gabelli Global Technology Leaders ETF) are both Technology Equities funds. IDRV is passively managed, while GGTL is actively managed. Over the past 3 years, IDRV returned 2.08%/yr vs 21.46%/yr for GGTL. A 0.72 correlation means they provide meaningful diversification when combined. IDRV charges 0.48%/yr vs 0.90%/yr for GGTL.

Performance

IDRV vs. GGTL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Self-Driving EV and Tech ETF (IDRV) and Gabelli Global Technology Leaders ETF (GGTL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IDRV achieves a 1.49% return, which is significantly lower than GGTL's 23.84% return.

IDRV

• 1D: -3.97%
• 1M: -9.94%
• YTD: 1.49%
• 6M: 0.18%
• 1Y: 29.70%
• 3Y*: 2.08%
• 5Y*: -2.98%
• 10Y*: —

GGTL

• 1D: -4.64%
• 1M: 2.58%
• YTD: 23.84%
• 6M: 23.84%
• 1Y: 40.67%
• 3Y*: 21.46%
• 5Y*: —
• 10Y*: —

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

IDRV vs. GGTL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IDRV iShares Self-Driving EV and Tech ETF	1.49%	32.24%	-16.05%	7.83%	-38.47%
GGTL Gabelli Global Technology Leaders ETF	23.84%	19.78%	11.07%	18.17%	-16.10%

Correlation

The correlation between IDRV and GGTL is 0.67, 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	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (All Time) Calculated using the full available price history since Jan 5, 2022	0.72

The correlation between IDRV and GGTL has been stable across timeframes, ranging from 0.64 to 0.72 - a consistent structural relationship.

IDRV vs. GGTL - Sectors Allocation Comparison

Sectors	IDRV	GGTL
Consumer Cyclical	56.7%	0.9%
Industrials	24.5%	0.1%
Basic Materials	16.8%	-
Technology	2.0%	55.5%
Communication Services	-	2.9%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

IDRV vs. GGTL — Risk / Return Rank

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

IDRV

IDRV Risk / Return Rank: 36
IDRV Sharpe Ratio Rank: 33
IDRV Sortino Ratio Rank: 31
IDRV Omega Ratio Rank: 32
IDRV Calmar Ratio Rank: 41
IDRV Martin Ratio Rank: 43

GGTL

GGTL Risk / Return Rank: 76
GGTL Sharpe Ratio Rank: 73
GGTL Sortino Ratio Rank: 67
GGTL Omega Ratio Rank: 73
GGTL Calmar Ratio Rank: 87
GGTL Martin Ratio Rank: 83

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.

IDRV vs. GGTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Self-Driving EV and Tech ETF (IDRV) and Gabelli Global Technology Leaders ETF (GGTL). 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.

	IDRV	GGTL	Difference
Sharpe ratio: Return per unit of total volatility	1.12	2.10	-0.98
Sortino ratio: Return per unit of downside risk	1.60	2.75	-1.16
Omega ratio: Gain probability vs. loss probability	1.21	1.39	-0.18
Calmar ratio: Return relative to maximum drawdown	1.94	4.44	-2.50
Martin ratio: Return relative to average drawdown	6.69	15.15	-8.46

IDRV vs. GGTL - Sharpe Ratio Comparison

The current IDRV Sharpe Ratio is 1.12, which is lower than the GGTL Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of IDRV and GGTL, 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

IDRV vs. GGTL - Drawdown Comparison

The maximum IDRV drawdown since its inception was -53.00%, which is greater than GGTL's maximum drawdown of -23.65%. Use the drawdown chart below to compare losses from any high point for IDRV and GGTL.

Drawdown Indicators

	IDRV	GGTL	Difference
Max Drawdown Largest peak-to-trough decline	-53.00%	-23.65%	-29.35%
Max Drawdown (1Y) Largest decline over 1 year	-15.37%	-9.20%	-6.17%
Max Drawdown (3Y) Largest decline over 3 years	-44.00%	-21.46%	-22.54%
Max Drawdown (5Y) Largest decline over 5 years	-53.00%	—	—
Current Drawdown Current decline from peak	-25.33%	-4.64%	-20.69%
Average Drawdown Average peak-to-trough decline	-22.35%	-7.40%	-14.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.45%	2.69%	+1.76%

Volatility

IDRV vs. GGTL - Volatility Comparison

iShares Self-Driving EV and Tech ETF (IDRV) and Gabelli Global Technology Leaders ETF (GGTL) have volatilities of 11.47% and 11.18%, 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

	IDRV	GGTL	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.47%	11.18%	+0.29%
Volatility (6M) Calculated over the trailing 6-month period	21.60%	16.84%	+4.76%
Volatility (1Y) Calculated over the trailing 1-year period	26.60%	19.45%	+7.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.08%	18.19%	+9.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.26%	18.19%	+10.07%

IDRV vs. GGTL - Expense Ratio Comparison

IDRV has a 0.48% expense ratio, which is lower than GGTL's 0.90% expense ratio.

Dividends

IDRV vs. GGTL - Dividend Comparison

IDRV's dividend yield for the trailing twelve months is around 1.68%, more than GGTL's 0.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
GGTL Gabelli Global Technology Leaders ETF	0.84%	1.04%	0.75%	0.84%	0.78%	0.00%	0.00%	0.00%
IDRV iShares Self-Driving EV and Tech ETF	1.68%	1.70%	2.68%	2.17%	2.29%	1.12%	0.69%	1.29%

Frequently Asked Questions

Can I hold both IDRV and GGTL in my portfolio?

IDRV and GGTL have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IDRV or GGTL?

IDRV has higher volatility (11.47%) compared to GGTL (11.18%). In terms of maximum drawdown, IDRV dropped -53.00% vs GGTL's -23.65%.

Which ETF is better, IDRV or GGTL?

On 3-year performance, GGTL leads with 21.46% vs 2.08% for IDRV. On fees, IDRV is cheaper at 0.48% per year. On volatility, GGTL has been the lower-risk option at 11.18%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IDRV or GGTL?

Over the 3-year period, GGTL has performed better with a 21.46% return vs 2.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IDRV or GGTL?

IDRV is cheaper with a 0.48% expense ratio, compared with 0.90% for GGTL.

Which ETF pays a higher dividend yield, IDRV or GGTL?

IDRV has the higher dividend yield at 1.68%, compared with 0.84% for GGTL.

What is the main difference between IDRV and GGTL?

They also come from different issuers: iShares and Gabelli. Their fees differ too: 0.48% for IDRV and 0.90% for GGTL.

Which has better risk-adjusted returns?

GGTL currently has the higher Sharpe Ratio (2.10 vs 1.12), 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.