IDRV

iShares Self-driving EV & Tech ETF

The iShares Self-Driving EV and Tech ETF tracks a market-cap selected and weighted index of equities related to self-driving vehicles.


Rules-Based, Concentrated

MANAGEMENT MATRIX

FDRV

CLOSEST COMP

FACTOR SCORECARD

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Fund Basics
Fund sponsorBlackRock
CategoryGlobal Equities
Asset classEquity
Websitelink...
Inception dateApr 16, 2019
Assets (mns)$247
Expense ratio47 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
Distributions
Taxation1099
Stock selectionMarket Cap
WeightingMarket Cap
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
SCHNEIDER ELECTRIC SA 5.9 %
RENAULT SA 5.7 %
ABB LTD. 5.5 %
PILBARA MINERALS LIMITED 4.9 %
BYD CO LTD-H 4.7 %
VOLKSWAGEN AG-PFD 4.7 %
PORSCHE AUTOMOBIL HLDG-PFD 4.7 %
DENSO CORP 4.0 %
SAMSUNG SDI CO LTD 3.9 %
LG ENERGY SOLUTION LTD. 3.7 %
Constituent Breakdown
Number of holdings56
Herfindahl-Hirschman Index 341
Wgt avg mkt cap (mns)$50,095
Large cap (>$10bn)68.1%
Mid cap ($2-10bn)18.7%
Small cap (<$2bn)13.2%
Developed mkts.73.1%
Emerging mkts.26.9%
Country Exposure
UNITED STATES 18.3 %
FRANCE 11.9 %
CHINA 11.8 %
SOUTH KOREA 11.1 %
GERMANY 10.4 %
JAPAN 6.1 %
SWITZERLAND 5.5 %
AUSTRALIA 5.2 %
IRELAND 3.5 %
SWEDEN 3.0 %
Historical Performance


Standardized Annual Returns (as of 04/30/2024)
YTD1 YR2 YR3 YR5 YR10 YRIncep.
-14.4% -14.1% -11.8% -11.6% -- -- 5.4%
Market Correlations
versus...BetaR-squared
S&P 5001.4262%
MSCI EAFE1.4157%
MSCI Emg Mkts1.3051%
Liquidity Measures
Avg. volume (000)51
Turnover0.7%
Avg. Bid/Ask (% of price)0.28%
ADV of underlying (mns)$49,421
Technical Indicators
Recent close$31.72
30d moving avg.$33.70
Annualized volatility32.1%
Relative strength (RSI)60
Short interest (ETF)0.1%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Risk and Returns: IDRV vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

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Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
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Dividends per share -- -- -- -- -- -- --
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Book value per share -- -- -- -- -- -- --
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Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

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Valuation Metrics
  2023 2024E Fwd Est 2025E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
0.7 12.9 1.0 2.0% --
Based on closing prices from 5/16/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
IDRV



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

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ETF Research Center Fund Rating

Our measure of an ETF's overall investment merit

ALTAR Score™

IDRV

1.7%

Cat. Avg

3.7%

Fund Category: Global Equities

Avg. Return on Equity--%
Divided by: Fwd. P/BV--x
Less: Expenses-- bp
Equals: ALTAR Score™1.7%
Recommendation

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

Category Overview
There are 341 funds in the Global Equities category, with an average ALTAR Score™ of 3.7% and a standard deviation of 4.8%. IDRV's ALTAR Score™ is approximately 0.4 standard deviations below the category average. This places IDRV in the 34th percentile among funds in the category.
Consensus Recommendation

Sell-side recommendations on the ETF's individual constituents

Composite
IDRV
Peer Average
SELL
U/W
HOLD
O/W
BUY



Recent Trends


Breakdown

 

Market Activity
Latest price
Change
Volume
Bid/Ask Spread
Update
Today's Trading

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Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
IDRV 47.0 28.1 75.1
Peer Avg. -- -- --
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .