Global X Autonomous & Electric Vehicles ETF

Global X Autonomous & Electric Vehicles ETF (DRIV) is an index fund that tracks the Solactive Autonomous & Electric Vehicles Index. As of May 31, 2026, it held 76 stocks tied to electric and self-driving vehicles. Its biggest positions are chip and tech firms like Intel, Qualcomm and Nvidia, not carmakers. It charges 0.68% a year, more than the 0.55% average for similar funds.

• Over the year to Oct 27, 2026, DRIV returned +1.1%, 6th of 7 among similar funds.
• Its 5-year annualized return was +2.0%.
• In the 2020 COVID crash it fell 38.5% and regained its old high 3.7 months after the low.
• Its worst full calendar year was 2022 (-34.1%); its best was 2020 (+62.8%).
• The deepest fall in its price history was 41.9% (Nov 8, 2021 to Apr 8, 2025), recovered by Oct 29, 2025.

As of May 31, 2026, the fund held 76 securities; the ten largest made up 26.84% of assets.

• Over the three months to May 31, 2026, investors added a net $23.0M (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: +11.38%, +23.68%, -7.96%.

DRIV tracks the Solactive Autonomous & Electric Vehicles Index. The index is run by Solactive AG, which is independent of the fund's adviser, Global X Management Company. The index starts with stocks that trade often and are listed in the US, Canada, much of Europe, Japan, South Korea, Taiwan, Australia and a few other markets. As of January 31, 2026, a company needed a stock market value of at least $500 million. Its shares also needed to average at least $2 million in daily trading over six months.

Next, Solactive uses natural language processing, which is software that reads text describing a company's business. It scores how closely each firm is tied to three areas. The first is makers of electric and hybrid vehicles. The second is parts makers, including batteries and materials such as lithium and cobalt. The third is self-driving technology, such as sensors, mapping and ride-share platforms. The index takes the top 15 vehicle makers, 30 parts companies and 30 self-driving tech firms. Buffer rules help keep trading down.

Larger companies get bigger weights. However, at each twice-yearly rebuild, caps limit how much any one stock can count. The fund generally owns every index stock in about the same proportions. It does not move to safer assets when markets fall. It may lend out securities worth up to one-third of its assets. Portfolio turnover was 37.46%. The index can be changed without a shareholder vote.

• DRIV charges 0.68% a year, versus an average of 0.55% for the similar funds below (4th of 7, cheapest first).
• Using the prospectus's standard example, $10,000 invested would cost about $69 in the first year and $847 over 10 years (assuming a 5% annual return).

DRIV is a narrow theme fund that has fallen more than 35% twice since 2020, so it fits best as a small add-on to a broader portfolio.

DRIV offers a targeted bet on electric vehicles and self-driving technology, but its price swings are large. The fund started in April 2018, so it has no record from the 2008 crisis. In the 2020 COVID crash it fell 38.5% and recovered in about four months. In the 2022 bear market it fell 37.2% and did not recover until October 2025, about three years later. Its worst calendar year was 2022, at -33.63%. Its deepest drop was 41.9%, from November 2021 to April 2025. Anyone who had to sell shares for spending money in those years would have locked in steep losses. Income is small: the yield was 0.72% as of October 27, 2026, paid twice a year. The 0.68% expense ratio is above the 0.55% average for similar funds. Past results don't predict future returns, and a retirement plan should look at the whole portfolio, not one fund.

Matched by closest holdings overlap from the latest N-PORT reports (no similar fund shares 20% or more of its holdings).