MNVT vs. DRIV
MNVT (Moonvest ETF) and DRIV (Global X Autonomous & Electric Vehicles ETF) are both Global Equities funds. MNVT is actively managed, while DRIV is passively managed. A 0.70 correlation means they provide meaningful diversification when combined. MNVT charges 0.75%/yr vs 0.68%/yr for DRIV.
Performance
MNVT vs. DRIV - Performance Comparison
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Returns By Period
MNVT
- 1D
- -2.85%
- 1M
- -6.54%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
DRIV
- 1D
- -2.59%
- 1M
- -11.83%
- 6M
- 0.99%
- YTD
- 13.29%
- 1Y
- 33.85%
- 3Y*
- 9.23%
- 5Y*
- 5.02%
- 10Y*
- —
- ALL TIME*
- 11.51%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.10M | $1.93M | $2.93M | |
MNVT Moonvest ETF | $653.57K | $816.73K | $1.17M |
MNVT vs. DRIV - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
MNVT Moonvest ETF | 6.40% |
DRIV Global X Autonomous & Electric Vehicles ETF | 8.79% |
Correlation
The correlation between MNVT and DRIV is 0.70, 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 Mar 18, 2026 | 0.70 |
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Return for Risk
MNVT vs. DRIV — Risk / Return Rank
MNVT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DRIV
MNVT vs. DRIV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Moonvest ETF (MNVT) 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.
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.
| MNVT | DRIV | 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 | — | 1.59 | — |
| Martin ratioReturn relative to average drawdown | — | 5.44 | — |
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Drawdowns
MNVT vs. DRIV - Drawdown Comparison
The maximum MNVT drawdown since its inception was -23.74%, smaller than the maximum DRIV drawdown of -41.93%. Use the drawdown chart below to compare losses from any high point for MNVT and DRIV.
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Drawdown Indicators
| MNVT | DRIV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.74% | -41.93% | +18.19% |
Max Drawdown (1Y)Largest decline over 1 year | — | -21.20% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -34.18% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -41.93% | — |
Current DrawdownCurrent decline from peak | -23.74% | -21.20% | -2.54% |
Average DrawdownAverage peak-to-trough decline | -8.51% | -15.07% | +6.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 6.19% | — |
Volatility
MNVT vs. DRIV - Volatility Comparison
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Volatility by Period
| MNVT | DRIV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 10.12% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 24.18% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 45.29% | 29.00% | +16.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.29% | 27.84% | +17.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.29% | 27.72% | +17.57% |
MNVT vs. DRIV - Expense Ratio Comparison
MNVT has a 0.75% expense ratio, which is higher than DRIV's 0.68% expense ratio.
Dividends
MNVT vs. DRIV - Dividend Comparison
MNVT has not paid dividends to shareholders, while DRIV's dividend yield for the trailing twelve months is around 0.65%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DRIV Global X Autonomous & Electric Vehicles ETF | 0.65% | 1.07% | 2.07% | 1.62% | 1.24% | 0.32% | 0.29% | 1.23% | 2.79% |
MNVT Moonvest ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MNVT and DRIV have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DRIV is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DRIV is cheaper with a 0.68% expense ratio, compared with 0.75% for MNVT.
DRIV has the higher dividend yield at 0.65%, compared with 0.00% for MNVT.
They also come from different issuers: Moonvest and Global X. Their fees differ too: 0.75% for MNVT and 0.68% for DRIV.
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