MOTO vs. IDRV
Compare and contrast key facts about SmartETFs Smart Transportation & Technology ETF (MOTO) and iShares Self-driving EV & Tech ETF (IDRV).
MOTO and IDRV 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. IDRV is a passively managed fund by iShares that tracks the performance of the NYSE FactSet Global Autonomous Driving and Electric Vehicle Index. It was launched on Apr 16, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MOTO or IDRV.
Performance
MOTO vs. IDRV - Performance Comparison
Returns By Period
In the year-to-date period, MOTO achieves a 1.98% return, which is significantly higher than IDRV's -16.63% return.
MOTO
1.98%
-1.47%
-4.62%
7.65%
13.11%
N/A
IDRV
-16.63%
-1.87%
-4.86%
-12.72%
4.04%
N/A
Key characteristics
| MOTO | IDRV | |
|---|---|---|
| Sharpe Ratio | 0.42 | -0.42 |
| Sortino Ratio | 0.70 | -0.44 |
| Omega Ratio | 1.09 | 0.95 |
| Calmar Ratio | 0.41 | -0.22 |
| Martin Ratio | 1.43 | -0.75 |
| Ulcer Index | 5.81% | 14.91% |
| Daily Std Dev | 19.59% | 26.93% |
| Max Drawdown | -38.24% | -50.37% |
| Current Drawdown | -10.94% | -44.75% |
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MOTO vs. IDRV - Expense Ratio Comparison
MOTO has a 0.68% expense ratio, which is higher than IDRV's 0.47% expense ratio.
Correlation
The correlation between MOTO and IDRV 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
MOTO vs. IDRV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SmartETFs Smart Transportation & Technology ETF (MOTO) and iShares Self-driving EV & Tech ETF (IDRV). 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. IDRV - Dividend Comparison
MOTO's dividend yield for the trailing twelve months is around 2.68%, more than IDRV's 2.53% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
MOTO SmartETFs Smart Transportation & Technology ETF | 2.68% | 2.73% | 2.33% | 0.55% | 2.71% | 0.00% |
IDRV iShares Self-driving EV & Tech ETF | 2.53% | 2.17% | 2.29% | 1.12% | 0.69% | 1.29% |
Drawdowns
MOTO vs. IDRV - Drawdown Comparison
The maximum MOTO drawdown since its inception was -38.24%, smaller than the maximum IDRV drawdown of -50.37%. Use the drawdown chart below to compare losses from any high point for MOTO and IDRV. For additional features, visit the drawdowns tool.
Volatility
MOTO vs. IDRV - Volatility Comparison
The current volatility for SmartETFs Smart Transportation & Technology ETF (MOTO) is 5.06%, while iShares Self-driving EV & Tech ETF (IDRV) has a volatility of 8.44%. This indicates that MOTO experiences smaller price fluctuations and is considered to be less risky than IDRV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.