Ishares Self Driving Ev Etf Profile

IDRV Etf  USD 31.73  0.07  0.22%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
IShares Self is selling for under 31.73 as of the 12th of October 2024; that is 0.22 percent increase since the beginning of the trading day. The etf's lowest day price was 31.21. IShares Self has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for iShares Self Driving EV are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of September 2024 and ending today, the 12th of October 2024. Click here to learn more.
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. More on iShares Self Driving EV

Moving together with IShares Etf

  0.68XLI Industrial Select SectorPairCorr
  0.74VIS Vanguard IndustrialsPairCorr
  0.91JETS US Global JetsPairCorr
  0.73FXR First Trust IndustriPairCorr

Moving against IShares Etf

  0.79FNGD MicroSectors FANG IndexPairCorr
  0.46HUM Humana Inc Fiscal Year End 23rd of January 2025 PairCorr

IShares Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Theme ETFs, Industrials, iShares (View all Sectors)
IssueriShares
Inception Date2019-04-16
BenchmarkNYSE FactSet Global Autonomous Driving and Electric Vehicle Index
Entity TypeRegulated Investment Company
Asset Under Management197.12 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationBlended Development
RegionGlobal
AdministratorState Street Bank and Trust Company
AdvisorBlackRock Fund Advisors
CustodianState Street Bank and Trust Company
DistributorBlackRock Investments, LLC
Portfolio ManagerJennifer Hsui, Greg Savage, Paul Whitehead
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Jul
ExchangeNYSE Arca, Inc.
Number of Constituents68.0
Market MakerCitadel
Total Expense0.47
Management Fee0.47
Country NameUSA
Returns Y T D(10.17)
NameiShares Self-Driving EV and Tech ETF
Currency CodeUSD
Open FigiBBG00NWKVLW3
In Threey Volatility32.44
1y Volatility31.46
200 Day M A30.3766
50 Day M A29.2363
CodeIDRV
Updated At11th of October 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.32)
iShares Self Driving EV [IDRV] is traded in USA and was established 2019-04-16. The fund is listed under Industrials category and is part of iShares family. The entity is thematically classified as Strategy ETFs. iShares Self Driving currently have 394.31 M in assets under management (AUM). , while the total return for the last 3 years was -11.5%.
Check IShares Self Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iShares Self Driving EV Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

iShares Self Driving Currency Exposure

iShares Self Driving EV holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of IShares Self will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in iShares Self Driving EV.

Top iShares Self Driving EV Etf Constituents

AAPLApple IncStockInformation Technology
AMDAdvanced Micro DevicesStockInformation Technology
ETNEaton PLCStockIndustrials
FFord MotorStockConsumer Discretionary
GMGeneral MotorsStockConsumer Discretionary
GOOGLAlphabet Inc Class AStockCommunication Services
INTCIntelStockInformation Technology
NVDANVIDIAStockInformation Technology
More Details

iShares Self Driving Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Self. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

IShares Self Against Markets

When determining whether iShares Self Driving is a strong investment it is important to analyze IShares Self's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IShares Self's future performance. For an informed investment choice regarding IShares Etf, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Self Driving EV. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of iShares Self Driving is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Self's value that differs from its market value or its book value, called intrinsic value, which is IShares Self's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Self's market value can be influenced by many factors that don't directly affect IShares Self's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Self's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Self is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Self's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.