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zAngus
Nov 22, 2020 2:03 AM

DRIV:NASDAQ - Global X Autonomous & Electric Vehicles ETF Long

Global X Autonomous & Electric Vehicles ETFNASDAQ

Description

If you're over trying to guess which electric car company is going to be the winner, then this ETF could be for you.

The Global X Autonomous & Electric Vehicles ETF (DRIV) seeks to invest in companies involved in the development of autonomous vehicle technology, electric vehicles (“EVs”), and EV components and materials. This includes companies involved in the development of autonomous vehicle software and hardware, as well as companies that produce EVs, EV components such as lithium batteries, and critical EV materials such as lithium and cobalt.

Top Holdings By Percentage Include:

TSLA Tesla Inc 3.61%, QCOM Qualcomm Inc 3.19%, NVDA NVIDIA Corporation 3.01%, AAPL Apple Inc. 2.78%, NIO NIO Inc. Sponsored ADR Class A 2.75%, GOOGL Alphabet Inc. Class A 2.65%, 7203 Toyota Motor Corp. 2.45%, MSFT Microsoft Corporation 2.33%, AMD Advanced Micro Devices, Inc. 2.18%, CSCO Cisco Systems, Inc. 2.05%, HON Honeywell International Inc. 2.03%, GE General Electric Company 2.00%, 005930 Samsung Electronics Co., Ltd. 1.97%, PLUG Plug Power Inc. 1.82%, GM General Motors Company 1.79%

(Source: globalxetfs.com/funds/driv/)

Comment

Starting to pullback a little.

Comment

Nice 30% run since posted above. Might be starting another small pull back to value for anyone looking for entries.

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