DRIV vs SPY
Global X Autonomous & Electric Vehicles ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, DRIV or SPY?
Each has led over a different period.
SPY has a lower expense ratio. DRIV led over 1Y, SPY over 3Y, 5Y and the full window. DRIV is less concentrated, with 25.6% of the fund in its ten largest positions against 37.8%.
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 | SPY |
|---|---|---|
| Expense Ratio | 0.68% | 0.09%Best |
| AUM | $370M | $804.7B |
| Dividend Yield | 0.63% | 0.98% |
| Holdings | 77 | 505 |
| YTD Return | +12.64% | +13.82%Best |
| 1Y Return | +21.61%Best | +16.96% |
| 3Y Return (annualized) | +15.09% | +22.97%Best |
| 5Y Return (annualized) | +5.97% | +13.73%Best |
| Volatility (annualized) | 27.5% | 16.5%Best |
| Max Drawdown | -41.9% | -34.1%Best |
| $10,000 over 5 years | $13,363 | $19,027Best |
| Top 10 Weight | 25.6%Best | 37.8% |
| Fund Family | Global X by mirae Asset | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 13, 2018 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Apr 17, 2018 to Sep 21, 2026 (8.4 years).
DRIV vs SPY 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 8.4 years both funds cover.
DRIV vs SPY Performance
Global X Autonomous & Electric Vehicles ETF (DRIV) is an ETF from Global X by mirae Asset and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year DRIV returned +21.61% while SPY returned +16.96%. Year to date, DRIV is up 12.64% versus a gain of 13.82% for SPY.
Over three years, DRIV compounded at +15.09% per year against +22.97% for SPY; over five years the annualized figures are +5.97% and +13.73% respectively. Across the full 8-year window we track, SPY has the edge at +14.29% annualized vs +10.90%.
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 16.5% for SPY. 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 -34.1% for SPY. 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 SPY charges 0.09%. On a $10,000 position that is $68 vs $9 annually, a gap of $59 per year that compounds over a long holding period. On income, DRIV currently yields 0.63% against 0.98% for SPY.
Holdings Overlap
28.9% of DRIV's money is in holdings SPY also owns. 19.6% of SPY's money is in holdings DRIV also owns.
DRIV and SPY share little of their money.
14 positions in common, counted across the 74 positions we hold weights for in DRIV and 504 in SPY, against full books of 77 and 505.
What only one of them owns
Our book lists 483 positions for SPY that do not appear in our book for DRIV (79.7% of the fund), and 22 for DRIV that do not appear in SPY (23.2%).
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 SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 3.11% | 8.01% | 4.90% |
| MSFTMicrosoft Corp | 3.86% | 5.66% | 1.80% |
| GOOGLAlphabet Inc,class A | 2.76% | 2.99% | 0.23% |
| TSLATesla Inc | 2.75% | 1.52% | 1.23% |
| INTCIntel Corporation | 2.64% | 0.67% | 1.97% |
| QCOMQualcomm Inc. | 2.42% | 0.27% | 2.15% |
| GMGeneral Motors Co | 1.80% | 0.12% | 1.68% |
| WABWestinghouse Air Brake Technologies Corp. | 1.55% | 0.07% | 1.48% |
| FFord Motor Credit | 1.49% | 0.08% | 1.41% |
| COHRCoherent Corp | 1.40% | 0.08% | 1.32% |
28.9% of DRIV is already inside SPY.
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 SPY?
DRIV has an expense ratio of 0.68% while SPY charges 0.09%. SPY is the cheaper option, by $59 a year on a $10,000 investment.
Which performed better, DRIV or SPY?
Over the past year DRIV returned +21.61% vs +16.96% for SPY, so DRIV leads on 1-year performance. Over the longest common window we track (8 years), DRIV annualized +10.90% vs +14.29% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DRIV or SPY?
DRIV has been the more volatile fund at 27.5% annualized versus 16.5% for SPY. Worst drawdown: DRIV -41.9% vs SPY -34.1%.
Should I hold both DRIV and SPY?
DRIV and SPY 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 SPY?
28.9% of DRIV's money is in holdings SPY also owns. 19.6% of SPY'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 504 in SPY.
Which pays a higher dividend, DRIV or SPY?
DRIV yields 0.63% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than DRIV?
SPY has a lower expense ratio. DRIV led over 1Y, SPY over 3Y, 5Y and the full window. DRIV is less concentrated, with 25.6% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.