Ishares Self Driving Ev Etf Profile
| IDRV Etf | USD 29.18 0.20 0.69% |
Performance0 of 100
| Odds Of DistressLess than 9
|
IShares Self is selling for under 29.18 as of the 28th of November 2024; that is 0.69 percent increase since the beginning of the trading day. The etf's lowest day price was 29.05. IShares Self has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over 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 30th of August 2024 and ending today, the 28th of November 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
IShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Industrials, iShares (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2019-04-16 |
| Benchmark | NYSE FactSet Global Autonomous Driving and Electric Vehicle Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 171.73 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | State Street Bank and Trust Company |
| Advisor | BlackRock Fund Advisors |
| Custodian | State Street Bank and Trust Company |
| Distributor | BlackRock Investments, LLC |
| Portfolio Manager | Jennifer Hsui, Greg Savage, Paul Whitehead |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Jul |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 68.0 |
| Market Maker | Citadel |
| Total Expense | 0.47 |
| Management Fee | 0.47 |
| Country Name | USA |
| Returns Y T D | (17.78) |
| Name | iShares Self-Driving EV and Tech ETF |
| Currency Code | USD |
| Open Figi | BBG00NWKVLW3 |
| In Threey Volatility | 32.12 |
| 1y Volatility | 27.8 |
| 200 Day M A | 30.1131 |
| 50 Day M A | 30.3686 |
| Code | IDRV |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.49) |
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 -17.2%.
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
| AAPL | Apple Inc | Stock | Information Technology | |
| AMD | Advanced Micro Devices | Stock | Information Technology | |
| ETN | Eaton PLC | Stock | Industrials | |
| F | Ford Motor | Stock | Consumer Discretionary | |
| GM | General Motors | Stock | Consumer Discretionary | |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services | |
| INTC | Intel | Stock | Information Technology | |
| NVDA | NVIDIA | Stock | Information Technology |
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.
| Risk Adjusted Performance | 0.0104 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.06) |
IShares Self Against Markets
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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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.