DRIV

📎 Investment Objective

The Global X Autonomous & Electric Vehicles ETF (DRIV) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Autonomous & Electric Vehicles Index.

✨ Key Features

• Provides exposure to a diversified portfolio of companies involved in the autonomous and electric vehicle industry
• Tracks the Solactive Autonomous & Electric Vehicles Index, which is designed to measure the performance of companies involved in the autonomous and electric vehicles theme
• Relatively new fund with limited performance history
• Expense ratio of 0.00%

⚠️ Primary Risks

• Concentration risk as the fund is focused on a specific industry theme
• Volatility risk as the autonomous and electric vehicle industry is still developing
• Lack of long-term performance history to evaluate the fund's track record
• Liquidity risk due to the fund's small asset size

👤 Best For

This ETF may be suitable for investors with a long-term investment horizon who are looking to gain exposure to the growth potential of the autonomous and electric vehicle industry. Investors should be comfortable with the higher volatility and risks associated with a thematic fund focused on an emerging technology sector.