DRIV vs KARS

DRIVBGlobal X Autonomous & Electric Vehicles ETF

KARSDKraneShares Electric Vehicles & Future Mobility Index ETF

In short

DRIV Most EV funds pick a lane: batteries or carmakers. DRIV buys the whole road, self-driving technology, electric vehicles, and the parts and materials underneath, in roughly 80 stocks from around the world.

KARS A 2018-vintage global take on electric vehicles that buys the whole chain, not just the badge on the hood: batteries, autonomous driving, hydrogen fuel cells, charging and shared mobility, in a tight book of about 60 names.

Stated mandate

DRIV The fund invests in companies developing autonomous-vehicle technology, electric vehicles, and related EV components and materials.

KARS The fund seeks to track the Bloomberg Electric Vehicles Index, investing in companies involved in electric vehicles, their components, and related future-mobility technologies such as batteries, autonomous driving, shared mobility, hydrogen fuel cells, and electric infrastructure.

Why people hold it

• DRIV Three layers of one theme in a single ticker: autonomous-driving technology, EV makers, and the components and materials feeding both.
• Roughly 80 names spread across the chain, so no single carmaker steers the whole portfolio. One of the better-built baskets in its peer group.
• Global by mandate, not US-only, so the index can reach automakers and suppliers listed outside the States.
• Trading since 2018, with a rules-based Solactive index behind it rather than a manager's stock picks.

• KARS Reaches past the carmakers: the index also covers batteries, autonomous driving, shared mobility, hydrogen fuel cells and electric infrastructure.kraneshares.com
• Global by mandate rather than US-only, so the roster can hold makers and suppliers wherever they happen to be listed.kraneshares.com
• About 60 holdings keeps the theme concentrated enough to actually show up, instead of being diluted across hundreds of loosely related names.
• Rules-based: it follows the Bloomberg Electric Vehicles Index, so the lineup comes from a published methodology, not a manager's mood.kraneshares.com

Worth knowing

• DRIV The 0.68% fee sits right at the category median, but cheaper wrappers on nearby themes exist: FDRV charges 0.39% and IDRV 0.48%.
• One industry, one capital cycle. A concentrated theme fund moves harder in both directions than a broad market index.
• Not an income holding: distributions come once or twice a year, and trading volume is moderate rather than mega-liquid.

• KARS The 0.69% expense ratio sits mid-pack for EV funds, and neighbors like FDRV (0.39%) and IBAT (0.47%) charge less for adjacent exposure.
• Trades lightly next to the biggest thematic ETFs, which can mean wider bid-ask spreads at the moment of execution.
• One theme, roughly 60 stocks: EV demand cycles, battery input costs and policy shifts all land in the same portfolio at the same time.

Full DRIV profile⁠

Full KARS profile⁠