IDRV vs. GINN

Last updated Jun 24, 2026

IDRV (iShares Self-Driving EV and Tech ETF) and GINN (Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF) are both Technology Equities funds - IDRV tracks the NYSE FactSet Global Autonomous Driving and Electric Vehicle Index while GINN tracks the Solactive Innovative Global Equity Index. Both are passively managed. Over the past 5 years, IDRV returned -2.98%/yr vs 5.45%/yr for GINN. Their correlation of 0.82 suggests significant overlap in exposure. IDRV charges 0.48%/yr vs 0.50%/yr for GINN.

Performance

IDRV vs. GINN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Self-Driving EV and Tech ETF (IDRV) and Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN). 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 GINN's 5.00% return.

IDRV

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

GINN

• 1D: -1.06%
• 1M: -1.95%
• YTD: 5.00%
• 6M: 3.65%
• 1Y: 20.17%
• 3Y*: 18.28%
• 5Y*: 5.45%
• 10Y*: —

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

IDRV vs. GINN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
IDRV iShares Self-Driving EV and Tech ETF	1.49%	32.24%	-16.05%	7.83%	-36.37%	26.99%	17.12%
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	5.00%	20.25%	18.71%	29.94%	-32.40%	10.39%	8.08%

Correlation

The correlation between IDRV and GINN is 0.75, 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	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (All Time) Calculated using the full available price history since Nov 9, 2020	0.82

The correlation between IDRV and GINN has been stable across timeframes, ranging from 0.75 to 0.82 - a consistent structural relationship.

IDRV vs. GINN - Sectors Allocation Comparison

Sectors	IDRV	GINN
Consumer Cyclical	56.7%	12.7%
Industrials	24.5%	4.7%
Basic Materials	16.8%	0.1%
Technology	2.0%	32.6%
Communication Services	-	10.7%
Consumer Defensive	-	1.8%
Energy	-	1.7%
Financial Services	-	12.4%
Healthcare	-	20.6%
Real Estate	-	0.6%
Utilities	-	1.7%

Return for Risk

IDRV vs. GINN — 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

GINN

GINN Risk / Return Rank: 35
GINN Sharpe Ratio Rank: 36
GINN Sortino Ratio Rank: 35
GINN Omega Ratio Rank: 34
GINN Calmar Ratio Rank: 33
GINN Martin Ratio Rank: 37

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. GINN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Self-Driving EV and Tech ETF (IDRV) and Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN). 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	GINN	Difference
Sharpe ratio: Return per unit of total volatility	1.12	1.22	-0.10
Sortino ratio: Return per unit of downside risk	1.60	1.75	-0.15
Omega ratio: Gain probability vs. loss probability	1.21	1.22	-0.01
Calmar ratio: Return relative to maximum drawdown	1.94	1.54	+0.40
Martin ratio: Return relative to average drawdown	6.69	5.39	+1.30

IDRV vs. GINN - Sharpe Ratio Comparison

The current IDRV Sharpe Ratio is 1.12, which is comparable to the GINN Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of IDRV and GINN, 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. GINN - Drawdown Comparison

The maximum IDRV drawdown since its inception was -53.00%, which is greater than GINN's maximum drawdown of -41.25%. Use the drawdown chart below to compare losses from any high point for IDRV and GINN.

Drawdown Indicators

	IDRV	GINN	Difference
Max Drawdown Largest peak-to-trough decline	-53.00%	-41.25%	-11.75%
Max Drawdown (1Y) Largest decline over 1 year	-15.37%	-13.18%	-2.19%
Max Drawdown (3Y) Largest decline over 3 years	-44.00%	-22.25%	-21.75%
Max Drawdown (5Y) Largest decline over 5 years	-53.00%	-41.25%	-11.75%
Current Drawdown Current decline from peak	-25.33%	-4.93%	-20.40%
Average Drawdown Average peak-to-trough decline	-22.35%	-13.28%	-9.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.45%	3.75%	+0.70%

Volatility

IDRV vs. GINN - Volatility Comparison

iShares Self-Driving EV and Tech ETF (IDRV) has a higher volatility of 11.47% compared to Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) at 5.81%. This indicates that IDRV's price experiences larger fluctuations and is considered to be riskier than GINN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDRV	GINN	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.47%	5.81%	+5.66%
Volatility (6M) Calculated over the trailing 6-month period	21.60%	12.92%	+8.68%
Volatility (1Y) Calculated over the trailing 1-year period	26.60%	16.57%	+10.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.08%	21.44%	+6.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.26%	21.07%	+7.19%

IDRV vs. GINN - Expense Ratio Comparison

IDRV has a 0.48% expense ratio, which is lower than GINN's 0.50% expense ratio.

Dividends

IDRV vs. GINN - Dividend Comparison

IDRV's dividend yield for the trailing twelve months is around 1.68%, more than GINN's 1.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	1.20%	1.26%	1.26%	1.01%	0.69%	0.67%	0.07%	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 GINN in my portfolio?

IDRV and GINN have a correlation of 0.75, 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 GINN?

IDRV has higher volatility (11.47%) compared to GINN (5.81%). In terms of maximum drawdown, IDRV dropped -53.00% vs GINN's -41.25%.

Which ETF is better, IDRV or GINN?

On 5-year performance, GINN leads with 5.45% vs -2.98% for IDRV. On fees, IDRV is cheaper at 0.48% per year. On volatility, GINN has been the lower-risk option at 5.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IDRV or GINN?

Over the 5-year period, GINN has performed better with a 5.45% return vs -2.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IDRV or GINN?

IDRV is cheaper with a 0.48% expense ratio, compared with 0.50% for GINN.

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

IDRV has the higher dividend yield at 1.68%, compared with 1.20% for GINN.

What is the main difference between IDRV and GINN?

IDRV tracks NYSE FactSet Global Autonomous Driving and Electric Vehicle Index, while GINN tracks Solactive Innovative Global Equity Index. They also come from different issuers: iShares and Goldman Sachs. Their fees differ too: 0.48% for IDRV and 0.50% for GINN.

Which has better risk-adjusted returns?

GINN currently has the higher Sharpe Ratio (1.22 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.