What is DRIV?

DRIV tracks an index that uses artificial intelligence to select global stocks involved in the development, production, or supporting technology of autonomous and electronic vehicles.

PERFORMANCE [as of 03/30/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DRIV 0.30% 18.02% 18.02% -15.61% 28.76% -- --
DRIV (NAV) 0.17% 17.19% 17.19% -15.37% 28.65% -- --
Solactive Autonomous & Electric Vehicles Index 0.22% 17.27% 17.27% -15.15% -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DRIV Factset Analytics Insight

DRIV uses a proprietary natural language processing algorithm to identify companies with exposure to one of three segments: electronic vehicles (EV), electric vehicle components (EVC), and autonomous vehicle technology (AVT). The EVC segment is further split into two sub-groups: components and materials. Holdings may span the market-cap spectrum and come from across the globe, including some emerging markets. The algorithm scores eligible companies within each segment based on how frequently each firm is referenced in relation to specific keywords in public documents, such as financial news. The index is comprised of the top 15 companies in EV, top 30 in EVC (15 in each sub-group) and top 30 in AVT. The index uses a modified market-cap weighting, assigning 2% weight to each company in the bottom 20% of its segment, and capping all others at 3%. The index is reconstituted semi-annually.

DRIV Summary Data

04/13/18
0.68%
$847.00M
Solactive Autonomous & Electric Vehicles Index
N/A
Open-Ended Fund

Peers

N/A

Fund Flows

-$0.01B 5 Days
-$0.03B 30 Days
-$0.05B 90 Days

DRIV Portfolio Data

$225.82B
34.61
1.81
1.05%
N/A
76

DRIV Index Data

Solactive Autonomous & Electric Vehicles Index
Tiered
Market Cap
N/A

DRIV Portfolio Management

0.68%
-0.11%
0.29%
-0.23%

DRIV Tax Exposures

20.00% / 39.60%
0.02%
Qualified dividends
No

DRIV Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/31/23

This measurement shows how easy it is to trade a $1 million USD block of DRIV. DRIV is rated a 5 out of 5.

DRIV Tradability

135,728
$3.19M
111,156
$2.58M
0.18%
$0.04
-0.13%
0.83% / -0.99%
None
71.24%
50,000
2.22
0.05%
0.07%
1,212
$23.45
5

DRIV Sector/Industry Breakdown

DRIV Segment
Benchmark
28.68% --
25.93% --
22.22% --
9.09% --
7.53% --
5.49% --
1.05% --

DRIV Top 10 Holdings

4.49%
3.46%
2.75%
1.88%
31.02%

DRIV Performance Statistics

--
--
--
--
--
N/A

DRIV Countries

DRIV Segment
Benchmark
58.92% --
10.34% --
5.72% --
3.85% --
3.72% --
3.64% --
3.49% --
2.67% --
1.94% --
1.55% --

DRIV Regions

DRIV Segment
Benchmark
62.56% --
23.24% --
12.03% --
1.12% --

DRIV Economic Development

DRIV Segment
Benchmark
96.81% --
2.14% --

DRIV Benchmark Comparison Holdings

76
--
--
--

DRIV Benchmark Comparison Summary

DRIV Segment
Benchmark
76 --
$225.82B --
34.61 --
1.81 --
1.22% --
Low --

DRIV Benchmark Comparison Market Cap Size

DRIV Segment
Benchmark
61.83% --
21.22% --
14.39% --
1.56% --