DRIV vs EVMT: which is really different?

DRIV and EVMT hold 0% of their weight in the same names, and EVMT returned +20.8% over the year. Global X Autonomous & Electric Vehicles ETF and Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF.

29.7%
DRIV in the S&P 500
0.0%
EVMT in the S&P 500
+17.9%
DRIV total return, 1 year
+20.8%
EVMT total return, 1 year
DRIV · 1 year to Sep 30, 202670% of its weight is outside the S&P 500
70% of its weight is outside the S&P 50030% of DRIV's weight is in S&P 500 companies and 70% is outside the index30%70%in the S&P 500of its weight outside the S&P 500active share 86% · top ten 28% of the fund · 90 holdings filed Sep 30, 2026 · Nasdaq-100: 20% in70% of its weight is outside the S&P 50030% of DRIV's weight is in S&P 500 companies and 70% is outside the index30%70%inoutside the S&P 500active share 86% · top ten 28% of the fund

30% of DRIV's weight is in S&P 500 companies and 70% is outside the index

EVMT · 1 year to Sep 30, 2026100% of its weight is outside the S&P 500
100% of its weight is outside the S&P 5000% of EVMT's weight is in S&P 500 companies and 100% is outside the index0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 100% of the fund · 2 holdings filed Sep 30, 2026 · Nasdaq-100: 0% in100% of its weight is outside the S&P 5000% of EVMT's weight is in S&P 500 companies and 100% is outside the index0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 100% of the fund

0% of EVMT's weight is in S&P 500 companies and 100% is outside the index

ETFIQ Off-Index Score · EVMT scores higherHow much of it is not the index it is sold as an alternative to?
0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, DRIV and EVMT hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 30, 2026.

half

0% in common

Positions both hold, largest shared weight first
Holding DRIV EVMT
Only in DRIV
MICROSOFT CORP 4.09%
INTEL CORP 3.69%
NVIDIA CORP 3.38%
ALPHABET INC-CL A 2.93%
TESLA INC 2.84%
QUALCOMM INC 2.75%
TOYOTA MOTOR CORP 2.52%
BLOOM ENERGY CORP- A 1.92%
Only in EVMT
Invesco Premier US Government Money Portfolio 79.76%
POWERSHARES CAYMAN FUND 20.24%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

0% of the two portfolios are the same securities at the same weight.

Performance, window by window

Total returnvs the S&P 500vs the Nasdaq-100
WindowDRIVEVMTDRIVEVMTDRIVEVMT
3 months−12.4%+0.7%−14.9 pts−1.8 pts−14.5 pts−1.4 pts
6 months+7.4%−2.4%−9.6 pts−19.4 pts−19.5 pts−29.3 pts
1 year+17.9%+20.8%+2.2 pts+5.1 pts−5.9 pts−3.0 pts
3 years+47.3%+12.4%−37.7 pts−72.6 pts−62.7 pts−97.6 pts
Since launch
DRIV Apr 2018 · EVMT Apr 2022
+142.1%−27.4%−79.2 pts−122.1 pts−228.7 pts−167.1 pts

DRIV and EVMT over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

DRIV
Global X Autonomous & Electric Vehicles ETF · Holds 90 stocks in electric vehicles and batteries, 30% of its weight in S&P 500 companies
EVMT
Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF · Holds 2 stocks in electric vehicles and batteries, 0% of its weight in S&P 500 companies
Issuer Global X Invesco
Theme Electric vehicles and batteries Electric vehicles and batteries
In the S&P 500 29.7% 0.0%
Active share vs the S&P 500 85.9% 100.0%
In the Nasdaq-100 19.7% 0.0%
Holdings 90 2
Top ten, share of the fund 27.7% 100.0%
Expense ratio 0.68% 0.59%
Fee for the differing part 0.79% 0.59%
Total return, 1 year +17.9% +20.8%
vs the S&P 500 +2.2 pts +5.1 pts
vs the Nasdaq-100 −5.9 pts −3.0 pts
Below its high −22.0% −28.6%
Net assets $361m $7m

DRIV and EVMT on the same fields, as of Sep 30, 2026. Source: ETFIQ.

DRIV in plain words

By weight, 30% of DRIV's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 86%. The top ten holdings are 28% of the fund across 90 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +17.9% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 2.2 pts. It sits 22.0% below its all-time high of Jun 2, 2026.

EVMT in plain words

By weight, 0% of EVMT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 100% of the fund across 2 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +20.8% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 5.1 pts. It sits 28.6% below its all-time high of Apr 27, 2022.

Questions people ask

Do DRIV and EVMT hold the same stocks?
By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, DRIV or EVMT?
DRIV has 30% of its weight in S&P 500 names and EVMT has 0%, so EVMT differs more from the index.
Which is cheaper, DRIV or EVMT?
DRIV charges 0.68% a year and EVMT charges 0.59%, so EVMT is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, DRIV against EVMT, data as of Sep 30, 2026. https://etfiq.com/compare/themes/driv-vs-evmt

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.