TOGA vs. DRIV

Last updated Aug 2, 2026

TOGA (Tremblant Global ETF) and DRIV (Global X Autonomous & Electric Vehicles ETF) are both Global Equities funds. TOGA is actively managed, while DRIV is passively managed. Over the past year, TOGA returned -10.47% vs 42.10% for DRIV. Their 0.52 correlation means they have sometimes moved together and sometimes differently. TOGA charges 0.69%/yr vs 0.68%/yr for DRIV.

Performance

TOGA vs. DRIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tremblant Global ETF (TOGA) and Global X Autonomous & Electric Vehicles ETF (DRIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TOGA achieves a -12.47% return, which is significantly lower than DRIV's 13.15% return.

TOGA

• 1D: -1.23%
• 1M: -5.93%
• 6M: -6.47%
• YTD: -12.47%
• 1Y: -10.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.39%

DRIV

• 1D: -0.02%
• 1M: -9.07%
• 6M: 4.15%
• YTD: 13.15%
• 1Y: 42.10%
• 3Y*: 8.06%
• 5Y*: 4.49%
• 10Y*: —
• ALL TIME*: 11.46%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DRIV Global X Autonomous & Electric Vehicles ETF	$934.15K	$1.60M	$2.79M
TOGA Tremblant Global ETF	$69.62K	$58.16K	$201.80K

TOGA vs. DRIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TOGA Tremblant Global ETF	-12.47%	14.13%	17.44%
DRIV Global X Autonomous & Electric Vehicles ETF	13.15%	30.42%	-1.37%

Correlation

The correlation between TOGA and DRIV is 0.39, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.39
Correlation (All Time) Calculated using the full available price history since May 3, 2024	0.52

The correlation between TOGA and DRIV shifts across timeframes, from 0.39 (1 year) to 0.52 (all time), reflecting how their relationship changes across market environments.

TOGA vs. DRIV - Sectors Allocation Comparison

Sectors	TOGA	DRIV
Consumer Cyclical	30.4%	23.8%
Technology	29.2%	40.9%
Communication Services	25.9%	6.3%
Financial Services	9.9%	-
Real Estate	2.3%	-
Industrials	2.2%	17.5%
Basic Materials	-	11.5%
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Utilities	-	-

Return for Risk

TOGA vs. DRIV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TOGA

TOGA Risk / Return Rank: 5
TOGA Sharpe Ratio Rank: 4
TOGA Sortino Ratio Rank: 5
TOGA Omega Ratio Rank: 5
TOGA Calmar Ratio Rank: 6
TOGA Martin Ratio Rank: 5

DRIV

DRIV Risk / Return Rank: 52
DRIV Sharpe Ratio Rank: 58
DRIV Sortino Ratio Rank: 54
DRIV Omega Ratio Rank: 54
DRIV Calmar Ratio Rank: 46
DRIV Martin Ratio Rank: 50

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TOGA vs. DRIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tremblant Global ETF (TOGA) 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.

	TOGA	DRIV	Difference
Sharpe ratio: Return per unit of total volatility	-0.58	1.37	-1.95
Sortino ratio: Return per unit of downside risk	-0.69	1.87	-2.55
Omega ratio: Gain probability vs. loss probability	0.92	1.24	-0.32
Calmar ratio: Return relative to maximum drawdown	-0.44	1.63	-2.07
Martin ratio: Return relative to average drawdown	-0.89	5.83	-6.72

TOGA vs. DRIV - Sharpe Ratio Comparison

The current TOGA Sharpe Ratio is -0.58, which is lower than the DRIV Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of TOGA and DRIV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TOGA vs. DRIV - Drawdown Comparison

The maximum TOGA drawdown since its inception was -28.50%, smaller than the maximum DRIV drawdown of -41.93%. Use the drawdown chart below to compare losses from any high point for TOGA and DRIV.

Drawdown Indicators

	TOGA	DRIV	Difference
Max Drawdown Largest peak-to-trough decline	-28.50%	-41.93%	+13.43%
Max Drawdown (1Y) Largest decline over 1 year	-28.50%	-24.70%	-3.80%
Max Drawdown (3Y) Largest decline over 3 years	—	-30.71%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-41.93%	—
Current Drawdown Current decline from peak	-17.90%	-21.29%	+3.39%
Average Drawdown Average peak-to-trough decline	-7.15%	-15.09%	+7.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.18%	6.90%	+7.28%

Volatility

TOGA vs. DRIV - Volatility Comparison

The current volatility for Tremblant Global ETF (TOGA) is 5.46%, while Global X Autonomous & Electric Vehicles ETF (DRIV) has a volatility of 10.68%. This indicates that TOGA 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.

Volatility by Period

	TOGA	DRIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.46%	10.68%	-5.22%
Volatility (6M) Calculated over the trailing 6-month period	18.00%	24.70%	-6.70%
Volatility (1Y) Calculated over the trailing 1-year period	21.74%	29.45%	-7.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.10%	27.92%	-6.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.10%	27.76%	-6.66%

TOGA vs. DRIV - Expense Ratio Comparison

TOGA has a 0.69% expense ratio, which is higher than DRIV's 0.68% expense ratio.

Dividends

TOGA vs. DRIV - Dividend Comparison

TOGA has not paid dividends to shareholders, while DRIV's dividend yield for the trailing twelve months is around 0.66%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DRIV Global X Autonomous & Electric Vehicles ETF	0.66%	1.07%	2.07%	1.62%	1.24%	0.32%	0.29%	1.23%	2.79%
TOGA Tremblant Global ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TOGA and DRIV in my portfolio?

TOGA and DRIV have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TOGA or DRIV?

DRIV has higher volatility (10.68%) compared to TOGA (5.46%). In terms of maximum drawdown, TOGA dropped -28.50% vs DRIV's -41.93%.

Which ETF is better, TOGA or DRIV?

On 1-year performance, DRIV leads with 42.10% vs -10.47% for TOGA. On fees, DRIV is cheaper at 0.68% per year. On volatility, TOGA has been the lower-risk option at 5.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TOGA or DRIV?

Over the 1-year period, DRIV has performed better with a 42.10% return vs -10.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TOGA or DRIV?

DRIV is cheaper with a 0.68% expense ratio, compared with 0.69% for TOGA.

Which ETF pays a higher dividend yield, TOGA or DRIV?

DRIV has the higher dividend yield at 0.66%, compared with 0.00% for TOGA.

What is the main difference between TOGA and DRIV?

They also come from different issuers: Tremblant and Global X. Their fees differ too: 0.69% for TOGA and 0.68% for DRIV.

Which has better risk-adjusted returns?

DRIV currently has the higher Sharpe Ratio (1.37 vs -0.58), 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.