(DRIV) Global X Autonomous - Ratings and Ratios
Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US37954Y6243 • Miscellaneous Sector
DRIV: Electric Vehicles, Autonomous Technology, Vehicle Components, Connectivity
The Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV) is designed to track the performance of companies involved in the development and production of electric vehicles (EVs), hybrid vehicles, autonomous driving technologies, and related infrastructure. The fund invests at least 80% of its total assets in securities of companies included in its underlying index, which focuses on firms engaged in electric and hybrid vehicle manufacturing, components such as batteries and electric motors, autonomous driving systems, and connected transportation services.
As of the latest data, the ETF holds approximately $353.31 million in assets under management (AUM), reflecting investor interest in the growing autonomous and electric vehicle sector. The fund trades an average of 119,514 shares over a 20-day period, with a last price of $22.69. Its short-term technical indicators show a 20-day simple moving average (SMA) of $23.36 and a 50-day SMA of $23.37, while the 200-day SMA stands at $23.08. The average true range (ATR) of 0.46 indicates moderate volatility.
3-Month Forecast: Based on the provided data, the ETF may experience short-term consolidation as the 20-day SMA has dipped below the 50-day SMA, suggesting potential weakness in the near term. However, the relatively low ATR of 0.46 indicates manageable volatility, which could attract risk-averse investors. Fundamentally, the growing adoption of electric vehicles and advancements in autonomous technology may support long-term growth, despite short-term fluctuations.Additional Sources for DRIV ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
DRIV ETF Overview
| Market Cap in USD | 255m |
| Category | Miscellaneous Sector |
| TER | 0.68% |
| IPO / Inception | 2018-04-13 |
DRIV ETF Ratings
| Growth 5y | 15.8% |
| Fundamental | - |
| Dividend | 63.8% |
| Rel. Strength | -21.9 |
| Analysts | - |
| Fair Price Momentum | 17.36 USD |
| Fair Price DCF | - |
DRIV Dividends
| Dividend Yield 12m | 2.25% |
| Yield on Cost 5y | 4.22% |
| Annual Growth 5y | 46.60% |
| Payout Consistency | 86.2% |
DRIV Growth Ratios
| Growth Correlation 3m | -74.2% |
| Growth Correlation 12m | -23.2% |
| Growth Correlation 5y | 4.5% |
| CAGR 5y | 11.12% |
| CAGR/Max DD 5y | 0.27 |
| Sharpe Ratio 12m | -0.15 |
| Alpha | -22.20 |
| Beta | 1.510 |
| Volatility | 49.14% |
| Current Volume | 76k |
| Average Volume 20d | 55.3k |
As of April 11, 2025, the stock is trading at USD 19.05 with a total of 75,976 shares traded.
Over the past week, the price has changed by -4.46%, over one month by -14.54%, over three months by -16.67% and over the past year by -19.99%.
Neither. Based on ValueRay Analyses, Global X Autonomous is currently (April 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 15.79 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of DRIV as of April 2025 is 17.36. This means that DRIV is currently overvalued and has a potential downside of -8.87%.
Global X Autonomous has no consensus analysts rating.
According to ValueRays Forecast Model, DRIV Global X Autonomous will be worth about 19.6 in April 2026. The stock is currently trading at 19.05. This means that the stock has a potential upside of +3.1%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 19.6 | 3.1% |