IDRV vs MOTO

IDRVBiShares Self-Driving EV and Tech ETF

MOTOCSmartETFs Smart Transportation & Technology ETF

In short

IDRV BlackRock's whole-chain take on electric and autonomous driving: carmakers, battery suppliers and the chip and software firms steering them, roughly 50 names worldwide, at a fee below most of its EV peers.

MOTO A stock-picker's run at the EV and self-driving theme: about 40 names, roughly equal weight, picked by Guinness Atkinson's managers. Fee is 0.68%, net of a waiver through June 30, 2029.

Stated mandate

IDRV The fund seeks to track an index of global companies benefiting from innovation and growth in electric vehicles, battery technologies, and autonomous driving, providing exposure across the EV value chain.

MOTO The fund seeks long-term capital appreciation by investing primarily in publicly traded equity securities of domestic or foreign companies developing or producing smart-transportation products and systems, including autonomous or electric vehicles and smart transportation networks. It is actively managed and normally invests at least 80% of net assets in these companies.

Why people hold it

• IDRV 0.48% a year, meaningfully under the median fee in its EV and battery cohort.
• Buys the whole value chain, not just the badge on the hood: EV makers, battery technology and autonomous-driving tech, across developed and emerging markets.ishares.com
• Index-tracking, rules-based, and running since 2019 on iShares plumbing, which is a long track record for a theme this young.
• Rates in the upper half of its EV and battery peer group on our review, ahead of pricier rivals like DRIV and BATT.

• MOTO Roughly equal weights, so the smallest holding counts about as much as the largest and one mega-cap does not become the whole theme.sec.gov
• Actively managed: at least 80% of net assets go to smart-transportation companies, with managers judging how central each one is to the ecosystem.sec.gov
• 0.68% net of a waiver running through June 30, 2029, near the category median and level with DRIV's fee.
• Global by design, holding both US and foreign companies across autonomous and electric vehicles, networks and the parts that feed them.

Worth knowing

• IDRV Thinly traded next to the household-name thematic funds, so bid-ask spreads deserve a look before you place an order.
• About 50 stocks tied to one theme. When the EV cycle turns, there is nowhere in the portfolio to hide.
• Growth-oriented, not an income sleeve: distributions land annually or semiannually, and global holdings bring currency swings along for the ride.

• MOTO Thinly traded with a small asset base, so spreads can widen and limit orders earn their keep.
• The 0.68% rests on a contractual waiver; gross expenses run 1.21%, and the waiver is dated to June 30, 2029.
• About 40 stocks in one theme, with no index to fall back on: results track the managers' picks, and foreign holdings add currency swings.

Full IDRV profile⁠

Full MOTO profile⁠