DRIV vs IVV
Global X Autonomous & Electric Vehicles ETF vs iShares Core S&P 500 ETF
Which is better, DRIV or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. DRIV is less concentrated, with 26.4% of the fund in its ten largest positions against 38.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DRIV | IVV |
|---|---|---|
| Expense Ratio | 0.68% | 0.03%Best |
| AUM | $358M | $882.6B |
| Dividend Yield | 0.63% | 1.06% |
| Holdings | 77 | 508 |
| YTD Return | +5.46% | +14.84%Best |
| 1Y Return | +11.37% | +18.70%Best |
| 3Y Return (annualized) | +13.08% | +22.93%Best |
| 5Y Return (annualized) | +3.98% | +13.91%Best |
| Volatility (annualized) | 27.5% | 16.4%Best |
| Max Drawdown | -41.9% | -33.9%Best |
| $10,000 over 5 years | $12,155 | $19,178Best |
| Top 10 Weight | 26.4%Best | 38.1% |
| Fund Family | Global X by mirae Asset | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 13, 2018 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Apr 17, 2018 to Oct 13, 2026 (8.5 years).
DRIV vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.5 years both funds cover.
DRIV vs IVV Performance
Global X Autonomous & Electric Vehicles ETF (DRIV) is an ETF from Global X by mirae Asset and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year DRIV returned +11.37% while IVV returned +18.70%. Year to date, DRIV is up 5.46% versus a gain of 14.84% for IVV.
Over three years, DRIV compounded at +13.08% per year against +22.93% for IVV; over five years the annualized figures are +3.98% and +13.91% respectively. Across the full 9-year window we track, IVV has the edge at +14.30% annualized vs +9.96%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DRIV has been the more volatile fund, with annualized monthly volatility of 27.5% compared with 16.4% 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 -33.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 0.63% against 1.06% for IVV.
Holdings Overlap
30.2% of DRIV's money is in holdings IVV also owns. 19.7% of IVV's money is in holdings DRIV also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 74 positions we hold weights for in DRIV and 505 in IVV, against full books of 77 and 508.
What only one of them owns
Our book lists 483 positions for IVV that do not appear in our book for DRIV (79.5% of the fund), and 21 for DRIV that do not appear in IVV (22.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DRIV | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 3.13% | 8.00% | 4.87% |
| MSFTMicrosoft Corp | 3.83% | 5.57% | 1.74% |
| GOOGLAlphabet Inc,class A | 2.79% | 3.00% | 0.21% |
| TSLATesla Inc | 2.83% | 1.56% | 1.27% |
| INTCIntel Corporation | 3.06% | 0.77% | 2.29% |
| QCOMQualcomm Inc. | 2.64% | 0.29% | 2.35% |
| GMGeneral Motors Co | 1.80% | 0.12% | 1.68% |
| SWKSSkyworks Solutions Inc. | 1.79% | 0.02% | 1.77% |
| COHRCoherent Corp | 1.57% | 0.09% | 1.48% |
| WABWestinghouse Air Brake Technologies Corp. | 1.57% | 0.07% | 1.50% |
30.2% of DRIV is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
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, by $65 a year on a $10,000 investment.
Which performed better, DRIV or IVV?
Over the past year DRIV returned +11.37% vs +18.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (9 years), DRIV annualized +9.96% vs +14.30% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DRIV or IVV?
DRIV has been the more volatile fund at 27.5% annualized versus 16.4% for IVV. Worst drawdown: DRIV -41.9% vs IVV -33.9%.
Should I hold both DRIV and IVV?
DRIV and IVV have a monthly-return correlation of 0.85, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DRIV and IVV?
30.2% of DRIV's money is in holdings IVV also owns. 19.7% of IVV's is in holdings DRIV also owns. They hold 14 positions in common, counted across the 74 positions we hold weights for in DRIV and 505 in IVV.
Which pays a higher dividend, DRIV or IVV?
DRIV yields 0.63% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than DRIV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. DRIV is less concentrated, with 26.4% of the fund in its ten largest positions against 38.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.