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Upturn AI SWOT - About
iShares Self-Driving EV and Tech ETF (IDRV)
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Upturn Advisory Summary
07/01/2025: IDRV (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -20.16% | Avg. Invested days 43 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/01/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.57 | 52 Weeks Range 24.23 - 31.77 | Updated Date 06/30/2025 |
52 Weeks Range 24.23 - 31.77 | Updated Date 06/30/2025 |
Upturn AI SWOT
iShares Self-Driving EV and Tech ETF
ETF Overview
Overview
The iShares Self-Driving EV and Tech ETF (IDRV) seeks to track the investment results of an index composed of companies that could potentially benefit from the increased adoption of self-driving and electric vehicles, and related technologies. It focuses on global equities across different sectors contributing to the autonomous and electric vehicle ecosystem.
Reputation and Reliability
BlackRock is a leading global asset manager with a strong reputation and extensive experience in managing ETFs.
Management Expertise
BlackRock has a dedicated team of investment professionals with expertise in thematic investing and ETF management.
Investment Objective
Goal
To track the investment results of an index composed of companies that could potentially benefit from the increased adoption of self-driving and electric vehicles, and related technologies.
Investment Approach and Strategy
Strategy: The ETF aims to track the ICE Autonomous & Electric Vehicles Index.
Composition The ETF primarily holds stocks of companies involved in autonomous vehicles, electric vehicles, and related technologies.
Market Position
Market Share: Specific market share data for IDRV is not readily available but is a significant player in the thematic EV/AV ETF market.
Total Net Assets (AUM): 347900000
Competitors
Key Competitors
- Global X Autonomous & Electric Vehicles ETF (DRIV)
- KraneShares Electric Vehicles and Future Mobility Index ETF (KARS)
- Defiance Next Gen Connectivity ETF (FIVG)
Competitive Landscape
The EV/AV ETF market is competitive, with several players offering similar exposure. IDRV benefits from BlackRock's brand recognition and scale. Its larger AUM may provide better liquidity but other ETFs may have lower expense ratios or slightly different investment focuses.
Financial Performance
Historical Performance: Historical performance data (annualized returns, etc.) is available from fund providers like BlackRock and financial data websites. This data should be extracted from those sites for the specified time periods.
Benchmark Comparison: The ETF's performance should be compared to the ICE Autonomous & Electric Vehicles Index to assess its tracking efficiency. Performance data is readily available from various sources.
Expense Ratio: 0.47
Liquidity
Average Trading Volume
IDRV has a reasonably healthy average daily trading volume, contributing to its liquidity.
Bid-Ask Spread
The bid-ask spread is generally tight, reflecting the fund's liquidity and investor interest.
Market Dynamics
Market Environment Factors
Economic indicators, government regulations, technological advancements, and consumer adoption rates significantly influence the performance of EV and autonomous vehicle companies. The broader technology sector and supply chain dynamics also play a role.
Growth Trajectory
The ETF's growth trajectory is closely tied to the expansion of the electric and autonomous vehicle markets. Changes in holdings reflect evolving technology and market leadership within the sector.
Moat and Competitive Advantages
Competitive Edge
IDRV's competitive advantage lies in BlackRock's established brand, its relatively large AUM, which supports liquidity, and its broad exposure to the EV and autonomous driving value chain. Its well-diversified portfolio, spanning global companies involved in various aspects of the electric and autonomous vehicle ecosystem, reduces concentration risk. The fund's adherence to the ICE Autonomous & Electric Vehicles Index further ensures consistent tracking and exposure to leading industry players.
Risk Analysis
Volatility
IDRV's volatility is likely to be relatively high given its focus on a growth-oriented sector. Review historical volatility metrics (beta, standard deviation) to assess risk.
Market Risk
The ETF is subject to market risk related to the performance of the EV and autonomous vehicle sectors. Technological obsolescence, regulatory changes, and economic downturns can negatively impact returns.
Investor Profile
Ideal Investor Profile
IDRV is best suited for investors seeking long-term growth potential through exposure to the rapidly expanding EV and autonomous vehicle markets and who have a high risk tolerance.
Market Risk
IDRV is more suitable for long-term investors than active traders, as it provides exposure to a long-term thematic trend rather than short-term trading opportunities.
Summary
IDRV offers investors a convenient way to gain exposure to the growing self-driving and electric vehicle market. BlackRock's backing, decent liquidity, and well-diversified portfolio make it a compelling option for investors seeking long-term growth potential. However, its high exposure to a specific thematic sector means that it can be volatile. Investors should consider their risk tolerance before investing in this ETF.
Peer Comparison
Sources and Disclaimers
Data Sources:
- iShares website
- BlackRock
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Investment decisions should be based on your own research and consultation with a financial advisor. Past performance is not indicative of future results. Market data is dynamic and can change frequently.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About iShares Self-Driving EV and Tech ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The index is composed of equity securities of companies listed in one of 43 developed or emerging market countries that derive a certain specified percentage of their revenue from selected autonomous or electric vehicle-related industries, as defined by IDI. The fund generally will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index.
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