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IDRV vs. MOTO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

IDRV vs. MOTO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Self-driving EV & Tech ETF (IDRV) and SmartETFs Smart Transportation & Technology ETF (MOTO). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%JuneJulyAugustSeptemberOctoberNovember
-4.14%
-4.79%
IDRV
MOTO

Returns By Period

In the year-to-date period, IDRV achieves a -16.63% return, which is significantly lower than MOTO's 1.98% return.


IDRV

YTD

-16.63%

1M

-1.87%

6M

-4.86%

1Y

-12.72%

5Y (annualized)

4.04%

10Y (annualized)

N/A

MOTO

YTD

1.98%

1M

-1.47%

6M

-4.62%

1Y

7.65%

5Y (annualized)

13.11%

10Y (annualized)

N/A

Key characteristics


IDRVMOTO
Sharpe Ratio-0.420.42
Sortino Ratio-0.440.70
Omega Ratio0.951.09
Calmar Ratio-0.220.41
Martin Ratio-0.751.43
Ulcer Index14.91%5.81%
Daily Std Dev26.93%19.59%
Max Drawdown-50.37%-38.24%
Current Drawdown-44.75%-10.94%

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IDRV vs. MOTO - Expense Ratio Comparison

IDRV has a 0.47% expense ratio, which is lower than MOTO's 0.68% expense ratio.


MOTO
SmartETFs Smart Transportation & Technology ETF
Expense ratio chart for MOTO: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%
Expense ratio chart for IDRV: current value at 0.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.47%

Correlation

-0.50.00.51.00.9

The correlation between IDRV and MOTO is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

IDRV vs. MOTO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Self-driving EV & Tech ETF (IDRV) and SmartETFs Smart Transportation & Technology ETF (MOTO). 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.


Sharpe ratio
The chart of Sharpe ratio for IDRV, currently valued at -0.42, compared to the broader market0.002.004.006.00-0.420.42
The chart of Sortino ratio for IDRV, currently valued at -0.44, compared to the broader market-2.000.002.004.006.008.0010.0012.00-0.440.70
The chart of Omega ratio for IDRV, currently valued at 0.95, compared to the broader market0.501.001.502.002.503.000.951.09
The chart of Calmar ratio for IDRV, currently valued at -0.22, compared to the broader market0.005.0010.0015.00-0.220.41
The chart of Martin ratio for IDRV, currently valued at -0.75, compared to the broader market0.0020.0040.0060.0080.00100.00120.00-0.751.43
IDRV
MOTO

The current IDRV Sharpe Ratio is -0.42, which is lower than the MOTO Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of IDRV and MOTO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.000.501.00JuneJulyAugustSeptemberOctoberNovember
-0.42
0.42
IDRV
MOTO

Dividends

IDRV vs. MOTO - Dividend Comparison

IDRV's dividend yield for the trailing twelve months is around 2.53%, less than MOTO's 2.68% yield.


TTM20232022202120202019
IDRV
iShares Self-driving EV & Tech ETF
2.53%2.17%2.29%1.12%0.69%1.29%
MOTO
SmartETFs Smart Transportation & Technology ETF
2.68%2.73%2.33%0.55%2.71%0.00%

Drawdowns

IDRV vs. MOTO - Drawdown Comparison

The maximum IDRV drawdown since its inception was -50.37%, which is greater than MOTO's maximum drawdown of -38.24%. Use the drawdown chart below to compare losses from any high point for IDRV and MOTO. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-44.75%
-10.94%
IDRV
MOTO

Volatility

IDRV vs. MOTO - Volatility Comparison

iShares Self-driving EV & Tech ETF (IDRV) has a higher volatility of 8.44% compared to SmartETFs Smart Transportation & Technology ETF (MOTO) at 5.06%. This indicates that IDRV's price experiences larger fluctuations and is considered to be riskier than MOTO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
8.44%
5.06%
IDRV
MOTO