DRIV
Autonomous & Electric Vehicles ETF
Reasons to Consider DRIV
High Growth Potential
Electric vehicles could account for 55% of global vehicle sales by 2035, up from a 16% share in 2023, due to electrification efforts by automakers, government policies, and technology improvements.1
Advancing Clean Technologies
EVs produce zero direct emissions. Broader EV adoption could result in reduced greenhouse gas emissions and improved urban air quality. Advances in autonomous driving could also enhance road safety.2
Unconstrained Approach
This theme is bigger than any single company. DRIV invests accordingly, with global exposure across multiple sectors and industries.
1Rho Motion, Oct 2024
2McKinsey & Company, 2024
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ETF Summary
The Global X Autonomous & Electric Vehicles ETF (DRIV) seeks to invest in companies involved in the development of autonomous vehicle technology, electric vehicles (“EVs”), and EV components and materials. This includes companies involved in the development of autonomous vehicle software and hardware, as well as companies that produce EVs, EV components such as lithium batteries, and critical EV materials such as lithium and cobalt.
ETF 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.
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