SNSR vs. IDRV

Last updated Jun 4, 2026

SNSR (Global X Internet of Things ETF) and IDRV (iShares Self-Driving EV and Tech ETF) are both Technology Equities funds - SNSR tracks the Indxx Global Internet of Things Thematic Index while IDRV tracks the NYSE FactSet Global Autonomous Driving and Electric Vehicle Index. Both are passively managed. Over the past 5 years, SNSR returned 9.51%/yr vs -0.25%/yr for IDRV. Their correlation of 0.80 suggests significant overlap in exposure. SNSR charges 0.68%/yr vs 0.48%/yr for IDRV.

Performance

SNSR vs. IDRV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Internet of Things ETF (SNSR) and iShares Self-Driving EV and Tech ETF (IDRV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SNSR achieves a 44.93% return, which is significantly higher than IDRV's 17.17% return.

SNSR

• 1D: -0.45%
• 1M: 19.62%
• YTD: 44.93%
• 6M: 43.21%
• 1Y: 49.79%
• 3Y*: 18.10%
• 5Y*: 9.51%
• 10Y*: —

IDRV

• 1D: -2.29%
• 1M: 3.06%
• YTD: 17.17%
• 6M: 18.17%
• 1Y: 49.83%
• 3Y*: 7.75%
• 5Y*: -0.25%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SNSR vs. IDRV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SNSR Global X Internet of Things ETF	44.93%	6.46%	-0.45%	23.06%	-25.50%	23.66%	35.05%	21.73%
IDRV iShares Self-Driving EV and Tech ETF	17.17%	32.24%	-16.05%	7.83%	-36.37%	26.99%	59.46%	7.24%

Correlation

The correlation between SNSR and IDRV is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (All Time) Calculated using the full available price history since Apr 22, 2019	0.80

The correlation between SNSR and IDRV shifts across timeframes, from 0.67 (3 years) to 0.80 (all time), reflecting how their relationship changes across market environments.

SNSR vs. IDRV - Sectors Allocation Comparison

Sectors	SNSR	IDRV
Technology	78.7%	1.7%
Industrials	15.7%	24.8%
Healthcare	4.8%	-
Communication Services	0.8%	-
Basic Materials	0.2%	18.5%
Utilities	0.1%	-
Consumer Cyclical	-	55.0%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Real Estate	-	-

Return for Risk

SNSR vs. IDRV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SNSR

SNSR Risk / Return Rank: 62
SNSR Sharpe Ratio Rank: 62
SNSR Sortino Ratio Rank: 59
SNSR Omega Ratio Rank: 56
SNSR Calmar Ratio Rank: 70
SNSR Martin Ratio Rank: 61

IDRV

IDRV Risk / Return Rank: 63
IDRV Sharpe Ratio Rank: 59
IDRV Sortino Ratio Rank: 54
IDRV Omega Ratio Rank: 54
IDRV Calmar Ratio Rank: 77
IDRV Martin Ratio Rank: 70

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.

SNSR vs. IDRV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Internet of Things ETF (SNSR) and iShares Self-Driving EV and 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.

	SNSR	IDRV	Difference
Sharpe ratio: Return per unit of total volatility	2.10	2.02	+0.08
Sortino ratio: Return per unit of downside risk	2.83	2.62	+0.21
Omega ratio: Gain probability vs. loss probability	1.35	1.34	+0.01
Calmar ratio: Return relative to maximum drawdown	3.50	3.97	-0.47
Martin ratio: Return relative to average drawdown	10.86	13.15	-2.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SNSR vs. IDRV - Sharpe Ratio Comparison

The current SNSR Sharpe Ratio is 2.10, which is comparable to the IDRV Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of SNSR and IDRV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SNSR	IDRV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	2.02	+0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.38	-0.01	+0.39
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.35	+0.25

Drawdowns

SNSR vs. IDRV - Drawdown Comparison

The maximum SNSR drawdown since its inception was -38.46%, smaller than the maximum IDRV drawdown of -53.00%. Use the drawdown chart below to compare losses from any high point for SNSR and IDRV.

Drawdown Indicators

	SNSR	IDRV	Difference
Max Drawdown Largest peak-to-trough decline	-38.46%	-53.00%	+14.54%
Max Drawdown (1Y) Largest decline over 1 year	-14.30%	-12.62%	-1.68%
Max Drawdown (3Y) Largest decline over 3 years	-28.32%	-44.00%	+15.68%
Max Drawdown (5Y) Largest decline over 5 years	-38.03%	-53.00%	+14.97%
Current Drawdown Current decline from peak	-0.45%	-13.79%	+13.34%
Average Drawdown Average peak-to-trough decline	-9.50%	-22.38%	+12.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.60%	3.80%	+0.80%

Volatility

SNSR vs. IDRV - Volatility Comparison

Global X Internet of Things ETF (SNSR) and iShares Self-Driving EV and Tech ETF (IDRV) have volatilities of 9.35% and 9.41%, 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.

Volatility by Period

	SNSR	IDRV	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.35%	9.41%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	18.55%	18.86%	-0.31%
Volatility (1Y) Calculated over the trailing 1-year period	23.90%	24.81%	-0.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.16%	27.70%	-2.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.67%	28.09%	-3.42%

SNSR vs. IDRV - Expense Ratio Comparison

SNSR has a 0.68% expense ratio, which is higher than IDRV's 0.48% expense ratio.

Dividends

SNSR vs. IDRV - Dividend Comparison

SNSR's dividend yield for the trailing twelve months is around 0.37%, less than IDRV's 1.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
IDRV iShares Self-Driving EV and Tech ETF	1.45%	1.70%	2.68%	2.17%	2.29%	1.12%	0.69%	1.29%	0.00%	0.00%	0.00%
SNSR Global X Internet of Things ETF	0.37%	0.54%	0.73%	0.74%	0.82%	0.43%	0.21%	1.12%	1.25%	1.11%	0.31%

Frequently Asked Questions

Can I hold both SNSR and IDRV in my portfolio?

SNSR and IDRV have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SNSR or IDRV?

IDRV has higher volatility (9.41%) compared to SNSR (9.35%). In terms of maximum drawdown, SNSR dropped -38.46% vs IDRV's -53.00%.

Which ETF is better, SNSR or IDRV?

On 5-year performance, SNSR leads with 9.51% vs -0.25% for IDRV. On fees, IDRV is cheaper at 0.48% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SNSR or IDRV?

Over the 5-year period, SNSR has performed better with a 9.51% return vs -0.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SNSR or IDRV?

IDRV is cheaper with a 0.48% expense ratio, compared with 0.68% for SNSR.

Which ETF pays a higher dividend yield, SNSR or IDRV?

IDRV has the higher dividend yield at 1.45%, compared with 0.37% for SNSR.

What is the main difference between SNSR and IDRV?

SNSR tracks Indxx Global Internet of Things Thematic Index, while IDRV tracks NYSE FactSet Global Autonomous Driving and Electric Vehicle Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.68% for SNSR and 0.48% for IDRV.

Which has better risk-adjusted returns?

SNSR currently has the higher Sharpe Ratio (2.10 vs 2.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.