IDRV vs. GXPT
IDRV (iShares Self-Driving EV and Tech ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds - IDRV tracks the NYSE FactSet Global Autonomous Driving and Electric Vehicle Index while GXPT tracks the MSCI USA Information Technology PureCap Index. Both are passively managed. A 0.59 correlation means they provide meaningful diversification when combined. IDRV charges 0.48%/yr vs 0.15%/yr for GXPT.
Performance
IDRV vs. GXPT - Performance Comparison
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Returns By Period
In the year-to-date period, IDRV achieves a 1.49% return, which is significantly lower than GXPT's 16.86% return.
IDRV
- 1D
- -3.97%
- 1M
- -9.94%
- YTD
- 1.49%
- 6M
- 0.18%
- 1Y
- 29.70%
- 3Y*
- 2.08%
- 5Y*
- -2.98%
- 10Y*
- —
GXPT
- 1D
- -3.44%
- 1M
- -0.96%
- YTD
- 16.86%
- 6M
- 15.57%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IDRV vs. GXPT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IDRV iShares Self-Driving EV and Tech ETF | 1.49% | 10.72% |
GXPT Global X PureCap MSCI Information Technology ETF | 16.86% | 11.47% |
Correlation
The correlation between IDRV and GXPT is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025 | 0.59 |
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Return for Risk
IDRV vs. GXPT — Risk / Return Rank
IDRV
GXPT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IDRV vs. GXPT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Self-Driving EV and Tech ETF (IDRV) and Global X PureCap MSCI Information Technology ETF (GXPT). 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 | GXPT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.21 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | — | — |
| Martin ratioReturn relative to average drawdown | 6.69 | — | — |
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Drawdowns
IDRV vs. GXPT - Drawdown Comparison
The maximum IDRV drawdown since its inception was -53.00%, which is greater than GXPT's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for IDRV and GXPT.
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Drawdown Indicators
| IDRV | GXPT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.00% | -18.74% | -34.26% |
Max Drawdown (1Y)Largest decline over 1 year | -15.37% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -44.00% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -53.00% | — | — |
Current DrawdownCurrent decline from peak | -25.33% | -8.72% | -16.61% |
Average DrawdownAverage peak-to-trough decline | -22.35% | -5.04% | -17.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.45% | — | — |
Volatility
IDRV vs. GXPT - Volatility Comparison
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Volatility by Period
| IDRV | GXPT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.47% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 21.60% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 26.60% | 22.91% | +3.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.08% | 22.91% | +5.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.26% | 22.91% | +5.35% |
IDRV vs. GXPT - Expense Ratio Comparison
IDRV has a 0.48% expense ratio, which is higher than GXPT's 0.15% expense ratio.
Dividends
IDRV vs. GXPT - Dividend Comparison
IDRV's dividend yield for the trailing twelve months is around 1.68%, more than GXPT's 0.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
GXPT Global X PureCap MSCI Information Technology ETF | 0.12% | 0.14% | 0.00% | 0.00% | 0.00% | 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
IDRV and GXPT have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GXPT is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GXPT is cheaper with a 0.15% expense ratio, compared with 0.48% for IDRV.
IDRV has the higher dividend yield at 1.68%, compared with 0.12% for GXPT.
IDRV tracks NYSE FactSet Global Autonomous Driving and Electric Vehicle Index, while GXPT tracks MSCI USA Information Technology PureCap Index. They also come from different issuers: iShares and Global X. Their fees differ too: 0.48% for IDRV and 0.15% for GXPT.
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