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Upturn AI SWOT - About
iShares Self-Driving EV and Tech ETF (IDRV)
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Upturn Advisory Summary
04/01/2025: IDRV (1-star) is a SELL. SELL since 1 days. Profits (0.51%). Updated daily EoD!
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit -31.57% | Avg. Invested days 37 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 27890 | Beta 1.57 | 52 Weeks Range 25.34 - 32.10 | Updated Date 04/2/2025 |
52 Weeks Range 25.34 - 32.10 | Updated Date 04/2/2025 |
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 may benefit from the development of autonomous vehicles and electric vehicles technologies and driving, as well as related technologies.
Reputation and Reliability
iShares is a well-established brand under BlackRock, known for its broad range of ETFs and a solid track record.
Management Expertise
BlackRock has extensive experience in managing ETFs, providing a deep pool of expertise for fund management.
Investment Objective
Goal
To track the investment results of an index composed of companies that may benefit from the development of autonomous vehicles, electric vehicles, and related technologies.
Investment Approach and Strategy
Strategy: IDRV aims to track the ICE FactSet Global Autonomous Driving and Electric Vehicle Index.
Composition The ETF holds stocks of companies involved in self-driving and electric vehicle technology, including component manufacturers, technology providers, and vehicle producers.
Market Position
Market Share: Relatively moderate market share compared to broader technology ETFs.
Total Net Assets (AUM): 314934976
Competitors
Key Competitors
- DRIV
- KARS
- LIT
Competitive Landscape
The competitive landscape includes several ETFs focusing on autonomous vehicles and EV technology. IDRV offers a broader scope including technology enablers, while others may focus more on vehicle manufacturers. DRIV is the closest competitor with a very similar focus, while KARS is focused on auto manufacturers and LIT focuses more on battery technology.
Financial Performance
Historical Performance: Historical performance data is dependent on market conditions and growth in the EV and autonomous driving sectors. Return values depend on the selected period.
Benchmark Comparison: The ETF's performance should be compared against the ICE FactSet Global Autonomous Driving and Electric Vehicle Index.
Expense Ratio: 0.47
Liquidity
Average Trading Volume
Average daily trading volume varies but is generally sufficient for most investors, ensuring ease of buying and selling shares.
Bid-Ask Spread
The bid-ask spread is typically tight, reflecting the fund's liquidity and efficiency of trading.
Market Dynamics
Market Environment Factors
Economic growth, government regulations supporting EV adoption, technological advancements in autonomous driving, and consumer demand significantly influence IDRV.
Growth Trajectory
The ETF's growth is tied to the increasing adoption of EVs and advancements in self-driving technology, with potential adjustments in holdings to reflect evolving market trends.
Moat and Competitive Advantages
Competitive Edge
IDRV benefits from the strong brand recognition and distribution network of iShares. Its broad exposure to the entire self-driving and EV ecosystem, including technology providers and component manufacturers, offers diversification. BlackRock's established expertise in managing ETFs provides a level of investor confidence. It offers a comprehensive approach to investing in the future of transportation technology with a global focus.
Risk Analysis
Volatility
Volatility can be influenced by the rapidly evolving technology sector and market sentiment towards electric and autonomous vehicles.
Market Risk
Specific risks include technological obsolescence, regulatory changes, and market downturns affecting the EV and autonomous driving industries.
Investor Profile
Ideal Investor Profile
Investors with a long-term investment horizon seeking exposure to the high-growth potential of the autonomous vehicle and electric vehicle industries would be most interested.
Market Risk
This ETF is suitable for long-term investors looking to capitalize on the growth of the EV and autonomous vehicle sectors.
Summary
The iShares Self-Driving EV and Tech ETF (IDRV) offers investors exposure to companies involved in the development and production of autonomous and electric vehicle technologies. Its performance depends on the growth of the EV and autonomous driving sectors, as well as technological advancements. With a relatively moderate expense ratio and good liquidity, it's a suitable investment vehicle for investors seeking long-term growth in this sector. As the ETF seeks to track the ICE FactSet Global Autonomous Driving and Electric Vehicle Index, it provides diversified investment in the rapidly growing electric vehicle and autonomous driving technology market. Investors should also consider the high volatility associated with the technology sector.
Similar Companies
DRIV
Global X Autonomous & Electric Vehicles ETF
DRIV
Global X Autonomous & Electric Vehicles ETF
HAIL
SPDR S&P Kensho Smart Mobility
HAIL
SPDR S&P Kensho Smart Mobility
KARS
KraneShares Electric Vehicles and Future Mobility Index
KARS
KraneShares Electric Vehicles and Future Mobility Index
LIT
Global X Lithium & Battery Tech ETF
LIT
Global X Lithium & Battery Tech ETF
Sources and Disclaimers
Data Sources:
- iShares official website
- ETF.com
- Morningstar
Disclaimers:
Past performance is not indicative of future results. Investment involves risk, including the potential loss of principal.
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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