VCAR vs. IDRV

Last updated Jul 17, 2026

VCAR (Simplify Volt RoboCar Disruption and Tech ETF) and IDRV (iShares Self-Driving EV and Tech ETF) are both exchange-traded funds - VCAR is a Consumer Discretionary Equities fund actively managed by Simplify, while IDRV is a Technology Equities fund tracking the NYSE FactSet Global Autonomous Driving and Electric Vehicle Index. VCAR is actively managed, while IDRV is passively managed. Over the past 5 years, VCAR returned 9.95%/yr vs -3.37%/yr for IDRV. A 0.60 correlation means they provide meaningful diversification when combined. VCAR charges 0.95%/yr vs 0.48%/yr for IDRV.

Performance

VCAR vs. IDRV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Volt RoboCar Disruption and Tech ETF (VCAR) 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, VCAR achieves a -12.21% return, which is significantly lower than IDRV's -2.90% return.

VCAR

• 1D: -2.76%
• 1M: -7.29%
• 6M: -9.18%
• YTD: -12.21%
• 1Y: -25.27%
• 3Y*: 22.90%
• 5Y*: 9.95%
• 10Y*: —

IDRV

• 1D: -1.00%
• 1M: -11.00%
• 6M: -7.06%
• YTD: -2.90%
• 1Y: 14.64%
• 3Y*: -3.96%
• 5Y*: -3.37%
• 10Y*: —

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

VCAR vs. IDRV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
VCAR Simplify Volt RoboCar Disruption and Tech ETF	-12.21%	-14.73%	152.27%	58.33%	-61.11%	18.52%	2.57%
IDRV iShares Self-Driving EV and Tech ETF	-2.90%	32.24%	-16.05%	7.83%	-36.37%	26.99%	1.14%

Correlation

The correlation between VCAR and IDRV is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (All Time) Calculated using the full available price history since Dec 29, 2020	0.60

The correlation between VCAR and IDRV shifts across timeframes, from 0.50 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.

VCAR vs. IDRV - Sectors Allocation Comparison

Sectors	VCAR	IDRV
Consumer Cyclical	100.0%	56.7%
Basic Materials	-	16.8%
Communication Services	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	24.5%
Real Estate	-	-
Technology	-	2.0%
Utilities	-	-

Return for Risk

VCAR vs. IDRV — Risk / Return Rank

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

VCAR

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

IDRV

IDRV Risk / Return Rank: 21
IDRV Sharpe Ratio Rank: 20
IDRV Sortino Ratio Rank: 20
IDRV Omega Ratio Rank: 20
IDRV Calmar Ratio Rank: 21
IDRV Martin Ratio Rank: 24

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.

VCAR vs. IDRV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Volt RoboCar Disruption and Tech ETF (VCAR) 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.

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.

	VCAR	IDRV	Difference
Sharpe ratio: Return per unit of total volatility	-0.45	0.55	-1.00
Sortino ratio: Return per unit of downside risk	-0.32	0.91	-1.23
Omega ratio: Gain probability vs. loss probability	0.96	1.12	-0.15
Calmar ratio: Return relative to maximum drawdown	-0.45	0.75	-1.21
Martin ratio: Return relative to average drawdown	-0.74	2.34	-3.08

VCAR vs. IDRV - Sharpe Ratio Comparison

The current VCAR Sharpe Ratio is -0.45, which is lower than the IDRV Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of VCAR 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.

Drawdowns

VCAR vs. IDRV - Drawdown Comparison

The maximum VCAR drawdown since its inception was -69.11%, which is greater than IDRV's maximum drawdown of -53.00%. Use the drawdown chart below to compare losses from any high point for VCAR and IDRV.

Drawdown Indicators

	VCAR	IDRV	Difference
Max Drawdown Largest peak-to-trough decline	-69.11%	-53.00%	-16.11%
Max Drawdown (1Y) Largest decline over 1 year	-56.12%	-19.49%	-36.63%
Max Drawdown (3Y) Largest decline over 3 years	-56.12%	-44.00%	-12.12%
Max Drawdown (5Y) Largest decline over 5 years	-69.11%	-53.00%	-16.11%
Current Drawdown Current decline from peak	-45.53%	-28.55%	-16.98%
Average Drawdown Average peak-to-trough decline	-37.78%	-22.40%	-15.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	34.27%	6.27%	+28.00%

Volatility

VCAR vs. IDRV - Volatility Comparison

Simplify Volt RoboCar Disruption and Tech ETF (VCAR) has a higher volatility of 18.06% compared to iShares Self-Driving EV and Tech ETF (IDRV) at 7.80%. This indicates that VCAR's price experiences larger fluctuations and is considered to be riskier than IDRV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VCAR	IDRV	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.06%	7.80%	+10.26%
Volatility (6M) Calculated over the trailing 6-month period	38.86%	22.15%	+16.71%
Volatility (1Y) Calculated over the trailing 1-year period	57.05%	26.74%	+30.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.48%	28.17%	+23.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.31%	28.23%	+22.08%

VCAR vs. IDRV - Expense Ratio Comparison

VCAR has a 0.95% expense ratio, which is higher than IDRV's 0.48% expense ratio.

Dividends

VCAR vs. IDRV - Dividend Comparison

VCAR's dividend yield for the trailing twelve months is around 25.21%, more than IDRV's 1.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
IDRV iShares Self-Driving EV and Tech ETF	1.75%	1.70%	2.68%	2.17%	2.29%	1.12%	0.69%	1.29%
VCAR Simplify Volt RoboCar Disruption and Tech ETF	25.21%	23.87%	0.62%	0.00%	0.83%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VCAR and IDRV in my portfolio?

VCAR and IDRV have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VCAR or IDRV?

VCAR has higher volatility (18.06%) compared to IDRV (7.80%). In terms of maximum drawdown, VCAR dropped -69.11% vs IDRV's -53.00%.

Which ETF is better, VCAR or IDRV?

On 5-year performance, VCAR leads with 9.95% vs -3.37% for IDRV. On fees, IDRV is cheaper at 0.48% per year. On volatility, IDRV has been the lower-risk option at 7.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VCAR or IDRV?

Over the 5-year period, VCAR has performed better with a 9.95% return vs -3.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VCAR or IDRV?

IDRV is cheaper with a 0.48% expense ratio, compared with 0.95% for VCAR.

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

VCAR has the higher dividend yield at 25.21%, compared with 1.75% for IDRV.

What is the main difference between VCAR and IDRV?

VCAR is categorized as Consumer Discretionary Equities, while IDRV is Technology Equities. They also come from different issuers: Simplify and iShares. Their fees differ too: 0.95% for VCAR and 0.48% for IDRV.

Which has better risk-adjusted returns?

IDRV currently has the higher Sharpe Ratio (0.55 vs -0.45), 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.