DRIV vs SPY
Global X Autonomous & Electric Vehicles ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. DRIV delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | DRIV | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.68% | 0.09% | |
| AUM | $374M | $814.4B | |
| Dividend Yield | 0.65% | 1.01% | |
| Holdings | 77 | 505 | |
| YTD Return | +11.94% | +12.10% | |
| 1Y Return | +34.05% | +20.30% | |
| 3Y Return (annualized) | +12.46% | +20.82% | |
| 5Y Return (annualized) | +4.66% | +12.53% | |
| Volatility (annualized) | 27.5% | 15.3% | |
| Max Drawdown | -41.9% | -56.5% | |
| Fund Family | Global X by mirae Asset | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Apr 13, 2018 | Jan 22, 1993 |
DRIV vs SPY Performance
Global X Autonomous & Electric Vehicles ETF (DRIV) is a ETF from Global X by mirae Asset and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year DRIV returned +34.05% while SPY returned +20.30%. Year to date, DRIV is up 11.94% versus a gain of 12.10% for SPY.
Over three years, DRIV compounded at +12.46% per year against +20.82% for SPY; over five years the annualized figures are +4.66% and +12.53% respectively. Across the full 8-year window we track, DRIV has the edge at +10.90% annualized vs +8.78%. 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 15.3% 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 -56.5% for SPY. 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 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 0.65% against 1.01% for SPY.
Holdings Overlap
DRIV and SPY share 14 holdings out of 564 unique holdings combined, representing a 12.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $59 per year of difference.
Which performed better, DRIV or SPY?
Over the past year DRIV returned +34.05% vs +20.30% for SPY, so DRIV leads on 1-year performance. Over the longest common window we track (8 years), DRIV annualized +10.90% vs +8.78% for SPY. Past performance does not guarantee future results.
Which is riskier, DRIV or SPY?
DRIV has been the more volatile fund at 27.5% annualized versus 15.3% for SPY. Worst drawdown: DRIV -41.9% vs SPY -56.5%.
Should I hold both DRIV and SPY?
DRIV and SPY 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 SPY?
DRIV and SPY share 14 common holdings with a 12.7% weight overlap. Combined, they hold 564 unique securities.
Which pays a higher dividend, DRIV or SPY?
DRIV yields 0.65% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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