IDRV vs. ETEC ETF Comparison
Comparison of iShares Self-Driving EV and Tech ETF (IDRV) to iShares Breakthrough Environmental Solutions ETF (ETEC)
IDRV
iShares Self-Driving EV and Tech ETF
IDRV Description
The investment seeks to track the investment results of the NYSE® FactSet Global Autonomous Driving and Electric Vehicle Index. 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. The fund generally will invest at least 90% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index. It is non-diversified.
Grade (RS Rating)
Last Trade
$31.38
Average Daily Volume
58,724
31
ETEC
iShares Breakthrough Environmental Solutions ETF
ETEC Description
ETEC provides exposure to global equities categorized as emerging green technology. Selection begins with the initial index universe that then excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, and sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.Grade (RS Rating)
Last Trade
$22.07
Average Daily Volume
380
13
Performance
| Period | IDRV | ETEC |
|---|---|---|
| 30 Days | 1.42% | 3.62% |
| 60 Days | -0.82% | 3.66% |
| 90 Days | 4.01% | 10.41% |
| 12 Months | -10.16% | -4.91% |
IDRV Overweight 26 Positions Relative to ETEC
| Symbol | Grade | Weight | |
|---|---|---|---|
| ABBV | D | 5.56% | |
| APTV | D | 2.82% | |
| ALTM | D | 2.44% | |
| QS | F | 2.35% | |
| RIVN | F | 2.17% | |
| ALV | A | 1.39% | |
| GNTX | D | 1.15% | |
| BLBD | C | 1.14% | |
| LEA | F | 1.11% | |
| NKLA | F | 0.76% | |
| CHPT | F | 0.51% | |
| VC | D | 0.43% | |
| PSNY | F | 0.41% | |
| LITE | D | 0.4% | |
| ADNT | F | 0.39% | |
| AUR | B | 0.27% | |
| EVGO | F | 0.24% | |
| THRM | D | 0.23% | |
| CTS | A | 0.2% | |
| MVST | F | 0.12% | |
| VFS | F | 0.12% | |
| SRI | F | 0.06% | |
| MEI | F | 0.06% | |
| LAZR | F | 0.05% | |
| CPS | B | 0.04% | |
| INVZ | F | 0.02% |
IDRV: Top Represented Industries & Keywords
ETEC: Top Represented Industries & Keywords
Compare ETFs
