Skip to Content
ETFs

iShares Self-Driving EV and Tech ETF

IDRV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 16 2019
Expense Ratio
0.47%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$1,284,449
AUM
$392,779,505
Associated Index
NYSE FactSet Global Autonomous Driving and Electric Vehicle Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

9868
XPeng Inc - Ordinary Shares - Class A
8.32%
RIVN
Rivian Automotive Inc - Ordinary Shares - Class A
5.79%
2015
Li Auto Inc - Ordinary Shares - Class A
5.44%
RNO
Renault S.A.
4.69%
TSLA
Tesla Inc
4.66%
APTV
Aptiv PLC
4.25%
1211
BYD Co - Ordinary Shares - Class H
4.13%
ABBN
ABB Ltd.
3.87%
VOW3
Volkswagen AG - ZC PRF PERPETUAL EUR
3.81%
PLS
Pilbara Minerals Limited
3.78%
Invest with IDRV

What is IDRV?

The iShares Self-Driving EV and Tech ETF seeks to track the investment results of an index composed of developed and emerging market companies that may benefit from growth and innovation in and around electric vehicles, battery technologies and autonomous driving technologies.

ETFs related toIDRV

ETFs correlated to IDRV include DRIV, XT, KOMP

IDRV
iShares Trust - iShares Self-Driving EV and Tech ETF
DRIV
Global X Funds - Global X Autonomous & Electric Vehicles ETF
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
KOMP
SPDR Series Trust - SPDR S&P Kensho New Economies Composite ETF
ERTH
Invesco Capital Management LLC - Invesco MSCI Sustainable Future ETF
HIBL
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares
SPHB
Invesco Capital Management LLC - Invesco S&P 500 High Beta ETF
IRBO
BlackRock Institutional Trust Company N.A. - iShares Robotics and Artificial Intelligence Multisector ETF
PBW
Invesco Capital Management LLC - Invesco WilderHill Clean Energy ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toIDRV

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with IDRV using Composer

FAQ

IDRV is a Global Ex. US Equities ETF. The iShares Self-Driving EV and Tech ETF seeks to track the investment results of an index composed of developed and emerging market companies that may benefit from growth and innovation in and around electric vehicles, battery technologies and autonomous driving technologies.

IDRV tracks the NYSE FactSet Global Autonomous Driving and Electric Vehicle Index.

No, IDRV is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IDRV is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IDRV is -0.0413%. This is the percent change in the value of IDRV over the most recent 1-month period. The 3-month return on IDRV is -0.0458%. This is the percent change in the value of IDRV over the most recent 3-month period.

The standard deviation of IDRV for the past year is 0.2884%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IDRV include IGF, ARKK, and EFG.

ETFs correlated to IDRV include DRIV, XT, and KOMP.

ETFs that are inversely correlated to IDRV include HIBS, SPXS, and SDS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.