Global X Autonomous & Electric Vehicles ETF Explained

The Global X Autonomous & Electric Vehicles ETF is a unique investment option that allows you to tap into the growing trend of autonomous and electric vehicles. This ETF tracks the Indxx Autonomous and Electric Vehicles Index, which provides exposure to companies involved in the development and production of autonomous vehicles, electric vehicles, and related technologies.

The fund has a total of 51 holdings, with the top 10 holdings accounting for approximately 45% of the fund's total assets. The largest holding is NVIDIA Corporation, which is a leading provider of artificial intelligence and autonomous driving technology.

Investing in the Global X Autonomous & Electric Vehicles ETF can provide diversification benefits, as it offers exposure to a niche market that is not typically represented in traditional stock market indices. By investing in this ETF, you can potentially gain access to the growth opportunities presented by autonomous and electric vehicles.

The Global X Autonomous & Electric Vehicles ETF provides diversification across all aspects of the EV industry, skewing toward autonomous vehicles (AVs).

This ETF had almost $425 million of net assets under management (AUM) in late 2024, with 75 distinct holdings.

The top holdings include Alphabet, Nvidia, Microsoft, and Apple, as well as major automakers like Tesla and General Motors.

The fund invests in a mix of companies that make semiconductors, components, batteries, and software for EVs and AVs.

The expense ratio is 0.68%, and the fund aims to mimic the performance, before fees and expenses, of the Solactive Autonomous & Electric Vehicles Index.

Here are some key details to consider:

The fund's top holdings include a mix of technology giants and major automakers, making it a great option for those looking to diversify their portfolio across the EV industry.

You can bet on EVs without picking individual stocks by investing in ETFs that diversify across various industry players like tech, automakers, and battery producers.

These ETFs allow you to spread your investment risk across different companies, which can be a smart move considering the massive shift to electric vehicles underway.

You can consider ETFs with varying focus areas, from broad tech inclusion to specific EV components, to tailor your investment to your goals.

Some ETFs have lower expense ratios and higher net assets, making them a more cost-effective option for investors.

Investing in an ETF that tracks the electric vehicle market can be a great way to gain exposure to the megatrend without having to choose which company might win.

Here are some key points to consider when choosing an EV ETF:

The Global X Autonomous & Electric Vehicles ETF is a solid choice for investors looking to tap into the EV market. This ETF provides diversification across all aspects of the EV industry, skewing toward autonomous vehicles (AVs).

The fund's top holdings include Alphabet, Nvidia, Microsoft, and Apple, with major automakers like Tesla and General Motors further down the list.

The ETF has a relatively low expense ratio of 0.68%, making it an attractive option for investors. It aims to mimic the performance, before fees and expenses, of the Solactive Autonomous & Electric Vehicles Index.

Here are some key characteristics of the Global X Autonomous & Electric Vehicles ETF:

The fund's concentrated approach makes it a high-risk, high-reward way to play the EV sector. This ETF takes a focused bet on technology disrupting the auto sector, making it a unique option for investors.

The Global X Autonomous and Electric Vehicles ETF is a great way to tap into the high growth potential of this emerging industry. This ETF enables investors to access companies critical to the development of autonomous and electric vehicles.

By investing in this ETF, you can diversify your portfolio across various industry players, including tech, automakers, and battery producers. This broad exposure can help reduce risk and increase potential returns.

The ETF offers a range of focus areas, from broad tech inclusion to specific EV components. This flexibility allows you to choose the level of diversification that suits your investment goals.

Here are some key points to consider when evaluating the Global X Autonomous and Electric Vehicles ETF:

As the transition to electric vehicles gains momentum, companies that manufacture EV batteries and lithium miners are likely to benefit. This ETF provides a convenient way to invest in this megatrend without having to pick individual stocks.

Buying and owning electric vehicle ETFs is a smart choice, especially with governments like California requiring all new passenger vehicles to be zero-emission by 2035.

You can choose from several electric vehicle ETFs, all of which could gain immense value in the years and decades ahead as the transition to EVs accelerates.

Investors have options to consider, and owning shares in an EV-focused exchange-traded fund can help you profit from this significant change in the transportation sector.

Pricing is a crucial aspect to consider when buying and owning a fund. The Net Asset Value (NAV) and Market Price of a fund can fluctuate over time.

The NAV and Market Price information as of January 14, 2025, show that the fund's performance has been negative in the short term. The 1-month return is -0.10% and the 3-month return is -5.41%.

Here's a breakdown of the fund's performance:

The expense ratio of the fund is 1.79% (gross) and 0.98% (net). This is a significant cost to consider when investing in the fund.

Buying Electric Vehicles is a smart choice for those who want to profit from the shift in the transportation sector. California is requiring all new passenger vehicles to be zero-emission by 2035.

The age of the gasoline-powered automobile is indeed coming to an end, with some governments considering outright or effective bans on gas-powered cars. This significant change in the transportation sector will likely lead to immense value in electric vehicle-focused investments.

Investors have several electric vehicle ETFs to choose from, all of which could gain immense value in the years and decades ahead as the transition to EVs accelerates. The European Union has proposed a 55% reduction in carbon dioxide emissions from new vehicles by 2030 and a 100% reduction by 2035.