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DRIV - Global X Autonomous & Electric Vehicles ETF: Growth About To Zoom
Global X Autonomous & Electric Vehicles ETF
The Global X Autonomous & Electric Vehicles ETF offers investors exposure to the entire EV sector, which is about to witness boom times.
The ETF has appreciated about 92% in the last year and is currently hovering around $26 (as of March 4, 2021), at a time when the market is passing through a period of correction because of rising bond yields.
Given President Joe Biden’s EV-friendly policies and the ETF’s focus on investing mostly in domestic stocks, I am bullish on its growth prospects.