The investment aims for long-term capital growth. The fund is an actively managed exchange-traded fund (“ETF”) that will invest primarily (at least 65 percent of its assets) in domestic and overseas equity securities of companies related to the fund’s investment theme of disruptive innovation under normal conditions. It will invest in both developed and emerging markets when it comes to overseas equities securities.
Tesla, Roku, Teladoc, Square, CRISPR Therapeutics, Invitae Corp, Proto Labs Inc, Baidu, Zillow, and Spotify are among the top holdings.
Is QQQ the finest exchange-traded fund?
The Nasdaq-100 Index-tracking Invesco QQQ ETF is among the top one percent of large-cap growth ETFs. Since its inception in 1999, QQQ has been a persistent outperformer, routinely outperforming the S&P 500 Index.
How many Tesla shares does Vanguard hold?
2021-02-10 – Vanguard Group Inc has disclosed ownership of 57,814,310 shares of Tesla Motors, Inc. in a SC 13G form filed with the Securities and Exchange Commission (SEC) (US:TSLA). This equates to 6.1 percent of the company’s equity.
Is driv ETF a good investment?
In the Technology Equities ETFs category, DRIV is currently ranked #39 out of 100 ETFs. Vanguard Information Technology ETF (VGT), SPDR Select Sector Fund – Technology (XLK), and ARK Innovation ETF are all popular ETFs in this field (ARKK).
ARKK outperformed DRIV by 84.3 percent over the last six months, while VGT and XLK returned 24 percent and 20.3 percent, respectively.
Many experts anticipate that by 2021, the worldwide vaccine deployment momentum would have slowed. However, the industry’s growth should be aided by a growing reliance on technology for even fundamental needs, as well as the expansion of remote working arrangements. The Technology Equities ETF should gain a lot of traction in the coming months because to its broad exposure to the most important industries in this sector.
DRIV is rated a “Strong Buy” by the four components of the overall POWR Rating because of its strong short- and long-term bullishness and underlying industry strength.
DRIV should rise dramatically in the near future as the electric vehicle industry continues to disrupt the broader automobile industry with its innovative prowess. Because two of its major assets, TSLA and AAPL, are presently working on autonomous vehicles, DRIV’s performance should mirror their progress.
Is it wise to invest in driv ETF?
For individuals looking for a diversified exposure to the entire sector, the Global X Autonomous & Electric Vehicles ETF (DRIV) is a suitable option. You will gain exposure to the whole value chain, from materials through the car and its software, rather than just automotive manufacturers. This is an ETF featuring dozens of equities, many of which have interests other than EV, making it less volatile.