What Is DRIV? Global X Autonomous & Electric Vehicles ETF

DRIV is the Global X Autonomous & Electric Vehicles ETF, a thematic fund that holds about 75 companies tied to electric and self-driving cars. It tracks the Solactive Autonomous & Electric Vehicles Index, which covers EV and hybrid makers, their components and materials, autonomous-driving technology, and connected-transportation services.

Launched in April 2018, DRIV offers a diversified way to invest in the shift toward electrification and autonomy without betting on a single company. Its breadth means it captures the chipmakers and software firms behind self-driving as well as the automakers themselves.

Approximate weights as of mid-2026; refresh quarterly from Global X ETFs (Mirae Asset)'s fund page. Each ticker links to its individual stock guide in Walnut.

DRIV spreads its assets across roughly 75 names, with top positions recently including Intel, Nvidia, Alphabet, BlackBerry, STMicroelectronics, Qualcomm, Tesla, and Infineon. No single stock dominates, with the largest weights only around 5% or less.

By sector the fund leans heavily toward information technology, followed by consumer discretionary, industrials, and materials. That mix reflects its thesis that autonomous and electric vehicles depend as much on semiconductors and software as on the carmakers, which gives DRIV a strong technology tilt.

The main way DRIV differs from other electric-vehicle ETFs is breadth. Purer EV funds concentrate on automakers and battery producers, making them more directly tied to vehicle sales and more volatile. DRIV instead includes the chip, software, and connectivity companies enabling autonomy, which pulls in large-cap tech names.

That design makes DRIV more diversified and less of a pure play, but it also means the fund behaves partly like a technology fund. Investors choosing DRIV should understand they are buying the whole autonomy-and-electrification ecosystem, not just carmakers.

DRIV's performance tracks sentiment toward electric and autonomous vehicles and the broader technology sector. It rallied strongly during the EV enthusiasm of 2020 and 2021, fell hard in the 2022 growth-stock selloff, and has moved with the fortunes of its large chip and platform holdings since.

The long-term case rests on continued EV adoption and progress in self-driving technology creating durable demand across the supply chain. The risks are that adoption timelines slip, competition compresses margins, and the fund's heavy tech weighting ties it to the ups and downs of the semiconductor cycle.

Walnut is not an investment adviser, and whether DRIV suits you depends on your goals, time horizon, and tolerance for thematic volatility. DRIV is a single-theme equity fund, so it is generally used as a satellite position expressing a view on the transportation transition rather than as a core holding.

It can fit investors who want diversified exposure to EVs and autonomy and are comfortable that the fund leans heavily on technology and chip stocks. Because it pays little income and can swing with sentiment, sizing it thoughtfully within a broader portfolio is a common approach.

DRIV trades on Nasdaq and can be purchased through any US brokerage, including Robinhood, Fidelity, Schwab, and Public. Many brokers offer fractional shares, so you can start with a small dollar amount rather than buying a whole share.

You can also connect your existing brokerage to Walnut to track DRIV alongside your other holdings and inside an electric-vehicle or technology-themed basket. Trades are placed at your broker, and Walnut serves as the tracking and intelligence layer on top.

ETFs are passive bundles; thematic baskets in Walnut let you concentrate within them. If you hold DRIV as a core position, these are the themes you might layer on as satellites.

DRIV spreads a transportation-tech theme across roughly 75 names, so it is more diversified and less of a pure-play than single-stock EV bets, but it also leans heavily on large tech and chip companies. At 0.68% it is priced like a thematic fund. Most investors use it as a satellite position on autonomy and electrification.

Whether DRIV is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, concentration, and what would have to be true for it to outperform from here in is DRIV a buy?

DRIV yields ~0.15% (30-day SEC yield) as of mid-2026, paid by passing through the dividends of its underlying holdings. For the payout schedule, history, and how the distributions are taxed, see DRIV dividend: yield and schedule.