MOTO vs. DRIV
Compare and contrast key facts about SmartETFs Smart Transportation & Technology ETF (MOTO) and Global X Autonomous & Electric Vehicles ETF (DRIV).
MOTO and DRIV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MOTO is an actively managed fund by Guinness Atkinson Asset Management. It was launched on Nov 15, 2019. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MOTO or DRIV.
Key characteristics
| MOTO | DRIV | |
|---|---|---|
| YTD Return | 1.87% | -7.68% |
| 1Y Return | 14.60% | 3.01% |
| 3Y Return (Ann) | -3.67% | -9.58% |
| Sharpe Ratio | 0.99 | 0.40 |
| Sortino Ratio | 1.43 | 0.70 |
| Omega Ratio | 1.18 | 1.08 |
| Calmar Ratio | 0.83 | 0.27 |
| Martin Ratio | 3.57 | 1.22 |
| Ulcer Index | 5.58% | 7.42% |
| Daily Std Dev | 20.12% | 22.82% |
| Max Drawdown | -38.24% | -39.24% |
| Current Drawdown | -11.03% | -26.97% |
Correlation
The correlation between MOTO and DRIV is 0.92, 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.
Performance
MOTO vs. DRIV - Performance Comparison
In the year-to-date period, MOTO achieves a 1.87% return, which is significantly higher than DRIV's -7.68% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MOTO vs. DRIV - Expense Ratio Comparison
Both MOTO and DRIV have an expense ratio of 0.68%.
Risk-Adjusted Performance
MOTO vs. DRIV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SmartETFs Smart Transportation & Technology ETF (MOTO) 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.
Dividends
MOTO vs. DRIV - Dividend Comparison
MOTO's dividend yield for the trailing twelve months is around 2.68%, more than DRIV's 1.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
MOTO SmartETFs Smart Transportation & Technology ETF | 2.68% | 2.73% | 2.33% | 0.55% | 2.71% | 0.00% | 0.00% |
DRIV Global X Autonomous & Electric Vehicles ETF | 1.80% | 1.62% | 1.24% | 0.32% | 0.29% | 1.23% | 2.79% |
Drawdowns
MOTO vs. DRIV - Drawdown Comparison
The maximum MOTO drawdown since its inception was -38.24%, roughly equal to the maximum DRIV drawdown of -39.24%. Use the drawdown chart below to compare losses from any high point for MOTO and DRIV. For additional features, visit the drawdowns tool.
Volatility
MOTO vs. DRIV - Volatility Comparison
The current volatility for SmartETFs Smart Transportation & Technology ETF (MOTO) is 4.96%, while Global X Autonomous & Electric Vehicles ETF (DRIV) has a volatility of 5.47%. This indicates that MOTO experiences smaller price fluctuations and is considered to be less risky than DRIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.