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DRIV

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1d
1w
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Analysis and statistics

  • Open
    25.223$
  • Previous Close
    24.9803$
  • 52 Week Change
    --
  • Day Range
    0.24$
  • 52 Week High/Low
    --
  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

DRIV.US represents the Global X Autonomous & Electric Vehicles ETF, an exchange-traded fund that seeks to invest in companies involved in the development of autonomous vehicles and electric vehicles, as well as their component materials and technologies. This includes companies involved in electric vehicle production, autonomous driving software, battery technology, and related segments that stand to benefit from the increasing adoption of these technologies. The fund aims to provide investors with exposure to the growth potential of the autonomous and electric vehicle industry.

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Factors

Underlying Holdings Performance: DRIV's price reflects the performance of the electric vehicle and autonomous driving companies it holds.

Sector Sentiment: Overall investor optimism or pessimism towards the EV and autonomous vehicle industries impacts demand for DRIV.

Technological Advancements: Breakthroughs or setbacks in EV/AV technology influence investor perception and DRIV's value.

Regulatory Environment: Government policies, subsidies, and regulations related to EVs and AVs can significantly affect DRIV's price.

Economic Conditions: Broader economic factors like interest rates and inflation impact investor risk appetite and valuations in growth sectors.

Competition: Increased competition among EV/AV manufacturers can affect individual companies within DRIV and therefore the ETF's price.

Supply Chain Issues: Disruptions in the supply of key components like batteries and semiconductors can negatively impact EV production and DRIV.

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