DRIV vs IVV

Quick Verdict

IVV has a lower expense ratio. DRIV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: DRIVMore Diversified: IVV

Side-by-Side Comparison

MetricDRIVIVVWinner
Expense Ratio0.68%0.03%
AUM$380M$865.2B
Dividend Yield0.57%1.09%
Holdings79508
YTD Return+16.91%+13.43%
1Y Return+41.94%+22.61%
3Y Return (annualized)+14.22%+21.47%
5Y Return (annualized)+5.38%+13.26%
Volatility (annualized)27.7%15.1%
Max Drawdown-41.9%-56.5%
Fund FamilyGlobal X by mirae AssetiShares by BlackRock (US)
CategoryEquityEquity
InceptionApr 13, 2018May 15, 2000

DRIV vs IVV Performance

Global X Autonomous & Electric Vehicles ETF (DRIV) is a ETF from Global X by mirae Asset and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year DRIV returned +41.94% while IVV returned +22.61%. Year to date, DRIV is up 16.91% versus a gain of 13.43% for IVV.

Over three years, DRIV compounded at +14.22% per year against +21.47% for IVV; over five years the annualized figures are +5.38% and +13.26% respectively. Across the full 8-year window we track, DRIV has the edge at +11.56% annualized vs +7.03%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

DRIV has been the more volatile fund, with annualized monthly volatility of 27.7% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -41.9% for DRIV and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

DRIV charges 0.68% per year while IVV charges 0.03%. On a $10,000 position that is $68 vs $3 annually, a gap of $65 per year that compounds over a long holding period. On income, DRIV currently yields 0.57% against 1.09% for IVV.

Holdings Overlap

11.1%overlap

DRIV and IVV share 15 holdings out of 565 unique holdings combined, representing a 11.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in DRIVWeight in IVVDifference
NVDA2.84%7.76%4.92%
MSFT2.10%4.57%2.47%
INTC5.79%0.77%5.02%
GOOGLProProPro
TSLAProProPro
QCOMProProPro
COHRProProPro
HONProProPro
ONProProPro
NXPIProProPro
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Frequently Asked Questions

Which is cheaper, DRIV or IVV?

DRIV has an expense ratio of 0.68% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $65 per year of difference.

Which performed better, DRIV or IVV?

Over the past year DRIV returned +41.94% vs +22.61% for IVV, so DRIV leads on 1-year performance. Over the longest common window we track (8 years), DRIV annualized +11.56% vs +7.03% for IVV. Past performance does not guarantee future results.

Which is riskier, DRIV or IVV?

DRIV has been the more volatile fund at 27.7% annualized versus 15.1% for IVV. Worst drawdown: DRIV -41.9% vs IVV -56.5%.

Should I hold both DRIV and IVV?

DRIV and IVV have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between DRIV and IVV?

DRIV and IVV share 15 common holdings with a 11.1% weight overlap. Combined, they hold 565 unique securities.

Which pays a higher dividend, DRIV or IVV?

DRIV yields 0.57% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.

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