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ITEC.L vs. DRIV
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ITEC.L vs. DRIV

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR® MSCI Europe Technology UCITS ETF (ITEC.L) and Global X Autonomous & Electric Vehicles ETF (DRIV).

ITEC.L and DRIV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ITEC.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Dec 5, 2014. DRIV is a passively managed fund by Global X that tracks the performance of the Solactive Autonomous & Electric Vehicles Index. It was launched on Apr 13, 2018. Both ITEC.L and DRIV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

ITEC.L vs. DRIV - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR® MSCI Europe Technology UCITS ETF (ITEC.L) and Global X Autonomous & Electric Vehicles ETF (DRIV). The values are adjusted to include any dividend payments, if applicable.

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ITEC.L vs. DRIV - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
ITEC.L
SPDR® MSCI Europe Technology UCITS ETF		6.41%9.68%8.54%34.99%-28.19%35.95%14.06%36.63%-8.31%
DRIV
Global X Autonomous & Electric Vehicles ETF		6.09%14.94%1.22%22.36%-30.05%37.36%49.35%31.45%-15.25%
Different Trading Currencies

ITEC.L is traded in EUR, while DRIV is traded in USD. To make them comparable, the DRIV values have been converted to EUR using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with ITEC.L having a 6.41% return and DRIV slightly lower at 6.09%.

ITEC.L

1D
4.37%
1M
-3.74%
YTD
6.41%
6M
10.28%
1Y
20.60%
3Y*
12.53%
5Y*
8.18%
10Y*
12.51%

DRIV

1D
1.17%
1M
-4.07%
YTD
6.09%
6M
9.49%
1Y
38.10%
3Y*
8.44%
5Y*
4.43%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

SPDR® MSCI Europe Technology UCITS ETF

Global X Autonomous & Electric Vehicles ETF

Often compared with ITEC.L:
ITEC.L vs. QQQMITEC.L vs. IXNITEC.L vs. VGTITEC.L vs. IAUITEC.L vs. VOOITEC.L vs. FBTU.LITEC.L vs. ZPRV.DE
Often compared with DRIV:
DRIV vs. IDRVDRIV vs. KARSDRIV vs. LITDRIV vs. QCLNDRIV vs. VGTDRIV vs. WCLDDRIV vs. VOO

ITEC.L vs. DRIV - Expense Ratio Comparison

ITEC.L has a 0.18% expense ratio, which is lower than DRIV's 0.68% expense ratio.

DRIV
Global X Autonomous & Electric Vehicles ETF
ITEC.L
SPDR® MSCI Europe Technology UCITS ETF

Return for Risk

ITEC.L vs. DRIV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ITEC.L
ITEC.L Risk / Return Rank: 4444
Overall Rank
ITEC.L Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
ITEC.L Sortino Ratio Rank: 4343
Sortino Ratio Rank
ITEC.L Omega Ratio Rank: 3636
Omega Ratio Rank
ITEC.L Calmar Ratio Rank: 5959
Calmar Ratio Rank
ITEC.L Martin Ratio Rank: 4242
Martin Ratio Rank
DRIV
DRIV Risk / Return Rank: 8585
Overall Rank
DRIV Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
DRIV Sortino Ratio Rank: 8585
Sortino Ratio Rank
DRIV Omega Ratio Rank: 7979
Omega Ratio Rank
DRIV Calmar Ratio Rank: 8888
Calmar Ratio Rank
DRIV Martin Ratio Rank: 8787
Martin Ratio Rank
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.

ITEC.L vs. DRIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR® MSCI Europe Technology UCITS ETF (ITEC.L) and Global X Autonomous & Electric Vehicles ETF (DRIV). 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.

ITEC.LDRIVDifference

Sharpe ratio

Return per unit of total volatility

0.80

1.31

-0.51

Sortino ratio

Return per unit of downside risk

1.27

1.88

-0.61

Omega ratio

Gain probability vs. loss probability

1.15

1.25

-0.10

Calmar ratio

Return relative to maximum drawdown

1.63

2.21

-0.58

Martin ratio

Return relative to average drawdown

4.28

8.16

-3.87

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ITEC.L vs. DRIV - Sharpe Ratio Comparison

The current ITEC.L Sharpe Ratio is 0.80, which is lower than the DRIV Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of ITEC.L and DRIV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

ITEC.LDRIVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.80

1.31

-0.51

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.32

0.18

+0.15

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

0.44

+0.07

Correlation

The correlation between ITEC.L and DRIV is 0.53, 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.

Dividends

ITEC.L vs. DRIV - Dividend Comparison

ITEC.L has not paid dividends to shareholders, while DRIV's dividend yield for the trailing twelve months is around 1.02%.

TTM20252024202320222021202020192018
ITEC.L
SPDR® MSCI Europe Technology UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DRIV
Global X Autonomous & Electric Vehicles ETF		1.02%1.07%2.07%1.62%1.24%0.32%0.29%1.23%2.79%

Drawdowns

ITEC.L vs. DRIV - Drawdown Comparison

The maximum ITEC.L drawdown since its inception was -38.49%, roughly equal to the maximum DRIV drawdown of -39.80%. Use the drawdown chart below to compare losses from any high point for ITEC.L and DRIV.

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Drawdown Indicators

ITEC.LDRIVDifference

Max Drawdown

Largest peak-to-trough decline

-38.49%

-41.93%

+3.44%

Max Drawdown (1Y)

Largest decline over 1 year

-13.75%

-16.43%

+2.68%

Max Drawdown (5Y)

Largest decline over 5 years

-38.49%

-41.93%

+3.44%

Max Drawdown (10Y)

Largest decline over 10 years

-38.49%

—

—

Current Drawdown

Current decline from peak

-6.50%

-8.09%

+1.59%

Average Drawdown

Average peak-to-trough decline

-9.20%

-15.42%

+6.22%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.97%

4.37%

+0.60%

Volatility

ITEC.L vs. DRIV - Volatility Comparison

SPDR® MSCI Europe Technology UCITS ETF (ITEC.L) and Global X Autonomous & Electric Vehicles ETF (DRIV) have volatilities of 8.83% and 8.62%, 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.

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Volatility by Period

ITEC.LDRIVDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.83%

8.62%

+0.21%

Volatility (6M)

Calculated over the trailing 6-month period

17.89%

18.80%

-0.91%

Volatility (1Y)

Calculated over the trailing 1-year period

25.73%

29.21%

-3.48%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.27%

25.17%

+0.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.77%

26.49%

-2.72%