IDRV
iShares Self-Driving EV and Tech ETF
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Tomorrow’s game plan with a little bit of my long term plan. Not financial advice I’m a moron and there’s no reason to believe this is a good strategy so yeah.
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I looked at some data, not sure of the exact holding of Hyundai you’re looking for but I see holdings for various parts of Hyundai in SDEM and IDRV. I think IDRV directly holds Hyundai Mobis which I think is the business unit that partnered with Boston Dynamics.
Have you looked at the IDRV etf? A basket of equitities with self driving exposure. Im just looking in to it now, but I like the exposure to Chinese companies that would be hard to trade otherwise.
https://i.postimg.cc/Hn78PL0p/Screenshot-20240518-140057-thinkorswim.jpg Just started this portfolio. I have IWL for large cap growth. IDRV for self driving / electric car growth XLP since it's a bunch of companies that people are technically required to spend on to live daily. SHOP because it's low.
Hi, I invested a chunk of money in IDRV in what turned out to be its peak in 2021. In hindsight, I should have seen that the EV space was overheated. My average share price is in the $50’s. Now it’s down to about $40. I’m at about a $3k loss at this point. I’m not desperate for a gain but this is probably an oversized proportion of my “play money” non-retirement (taxable) portfolio. I’d appreciate any thoughts on whether there’s a potential for rebound in the next 1-5 years such that I should hang on, or whether I should bite the bullet, learn a lesson, and stick the proceeds in something more diversified. Thanks!
Not if your shorting. Sell AMC pre-market then turn around & short it. Dump the EVs & buy IDRV or DRIV ETFs instead. All these companies lose money so at least your theme is consistent. SOFI is a coin flip but im short it above $9. Id rather have EGLX than FAZE as far as a gaming spec. AQST actually looks interesting. Listen to their last earnings call & see how it sounds. TUP (Tupperware) is a smarter penny stock to play with.
Bruv I love this advice, it is some of the best I’ve gotten yet. Thanks so much. I’m gonna add IDRV to my watch list now. Again thank you so much 🙏🏽
Dude hold onto rgti Rivn and sofi you like evs so what you’re probably going and if you loose all that who cares. You’re learning the long game on at least 3 will be great there’s probably 6 of those that will fail. Try IDRV it’s an ETF in what it looks like you believe in. moving forward read about the companies you have then choose what to add to.
Investing in IDRV(Electric vehicle and self driving ETF). Should I wait for the dip to invest or cry when it gets more expensive after TSLA earnings?
How do you like IDRV for electric/self driving vehicles? Looks like the biggest risk exposure is consumer discretionary spending which is up in the air right now due to inflation/recession possibilities. But I feel like the mix is fairly cheap right now considering the generally favorable regulatory climate, and with rapidly advancing AI tech and potential reduction in costs due to spinning up of more battery plants and such.
ICLN (clean energy) and TAN (solar) are good options. IDRV isn’t green energy per say, but worth taking a look at for electric vehicles.
I am looking at MSFT, GOOGL, and AAPL to some degree, but I really like IDRV as the autonomous driving ETF due to its holdings. It's an area I am only recently exploring as I've been very dividend and staples focused (not a bad thing as last year was fine for me). I want to branch out a small portion of my kid's UTMA accounts into a few of these, mainly IDRV for now.
$METV / $IDRV / $ESPO / $FXAIX / $MJ vs $YOLO. I own all except the last 2, but I’ve had my eye on them ($MJ and $YOLO are both cannabis ETFs)
That's just orders for one company. How many new vehicle companies start piling up orders like this? Btw, i own IDRV which has Rivian in it's portfe.
IDRV. ETF on companies making selfing driving cars
Put option: BOTZ Exp date: 09/16 Break even: $28.60 Put Option: IDRV Exp Date: 9/16 Break even: $41.60 Put Option: XES Exp Date: 12/16 Break Even: $66.20 Put Option: TSLA Exp date: 01/2024 Break Even: $400.45
Sell the Tesla buy a Prius and buy up some IDRV instead.
Look at ETFs BATT, LIT, COPX, DRIV, CARZ, IDRV and stock LAC.
IDRV though is not exactly green focused. Its actually Self Driving Tech. But yes everyone's going green these days, with gas prices going up.
Ah yes I see now. The difference is .08% which I guess for me seemed tiny vs like 1%. Uber and Lyft could be also why I picked IDRV.
I hadn’t heard of IDRV, but the expense ratio is higher. I’m already not crazy about 0.39% for FDRV. I don’t love that Uber and Lyft are top holdings, but I like most of the rest of what’s in it.
Just curious why FDRV instead of IDRV? They look sorta similar in holdings and well FDRV has Uber? Not really green per se?
IDRV huge gain last year. Down 20 pc this year l. Will bounce back big as gas gets too expensive
Look at LIT and IDRV for ETFs that focus on EVs including Tesla and the lithium batteries.
Buying call options for $BATT and $IDRV
I'll be buying AMC. I missed the last dip around $34, not going to miss this one. Buying IDRV and Rivian vs Tesla
20k portfolio is a very nice starting out point. I wouldn't necessarily call it small. Small compared to vets maybe, but for a 31 year old, you are definitely doing well. If you really want good advice, you should decide on your risk profile and then people can give you specifics based on your goals. Do you want to just set it and forgot for decades? Buy an index like SPY, VOO, etc. Are you into a bit of risk? QQQ is one of the "safest" medium risk plays out there. Big risk, big reward? Any of the ARK funds that have been hammered. Do some thorough research before putting money into these though. They are risky for a reason! Is there a specific sector you are interested in? BOTZ (Robotics & AI), ESPO (Gaming), ICLN (International Clean Energy), IDRV (EVs), HACK (Cyber Security), and WCLD (Cloud Computing) are some of my favorites. Decide what you are interested in!
Diversification never hurts but it sounds like you're just going to let this money sit and tech is a pretty safe bet; especiallyover a 3 year period. Also the ETF gives you built in diversity. As far as recommendations it's all about preference. Most total market tech ETFs have the same stocks in them. The difference is how they are weighted and the expense ratio. Or you could go with specific ETFs for specific products or sectors. You can find an ETF for anything with a quick Google search. In my portfolio I have QQQ, FTEC, IDRV(an ETF for autonomous vehicles), SMH (a semiconductor ETF) and UFO (a space tech ETF
IDRV An EV play. How can you not like it for the long run?
EV ETFs -LIT -BATT -IDRV -HAIL -KARS
I would split it a little further with an S&P 500 play like SPHQ, biotech ETF like IBBQ, IT Security like HACK, EV play with BATT & IDRV, Blockchain like BLOK, and the other ones like QQQ etc.
Does anyone have opinions on putting sector ETFs into retirement accounts (IRA, 401k)? For example, if I’m confident that marijuana and autonomous vehicles will grow in the next 50yrs, is there any problem buying MSO and IDRV in my IRA? Keep in mind that most of my allocation goes to the classic, boring ITOT/IXUS/AGG etc..
I like some funky stuff that is probably not all super popular around here IDRV, ICLN, SUBZ, ARKW, ARKK, SPYG, SOXX, SUBZ, BUYZ, URTH, BOTZ, HACK, etc. They will definitely not all be winners, but I too have 30 years and I'm willing to put some money towards risky etfs.
I've been hard at work earning karma points so I could start posting in here (again) and would love for some opinions on my portfolio after a year of win/loss and the euphoria stage of stock trades having passed. I've settled on the stocks I know or believe in, as per my financial advisor's advisor's advice, and I am currently focusing on building up the ETF's and SOFI. DIS - 16.78%, IIPR - 18.69%, MSFT - 19.27%, CHPT - 13.63%, STEM - 16.92%, SOFI - .24%, VTI - 9.23%, VXUS - 3.91%, MSOS - .59%, IDRV - .75%
IDRV holds GOOG, MSFT, TSLA, and APPL, so I would either hold those individually or dump them and take a larger position in the ETF.
IDRV holds TSLA, APPL, GOOG, and MSFT, so you have a duplicative (albeit small) position. I would either hold those stocks individually or dump them and take a much larger position in the ETF.
DRIV, IDRV and LIT shares. Too tired of losing money on individual tickers
EV ETF's. HAIL IDRV and DRIV. I currently own HAIL
Have this portfolio in a taxable brokerage in Fidelity to save up for a house/truck in a few years. IVV - 25% IJR - 25% IFRA - 10% IDRV - 10% ICLN - 10% VEGI - 10% SOXX - 10% I went ETFs for tax efficiency. Does this seem like too much overlap and too tech heavy?
I apologize, I'm half asleep but I just want to double check: So I go on Morningstar and compare the two ETFs on a Growth of 10k chart. DRIV grew $1000 more dollars by the end of the period compared to IDRV. So does that higher level of gross reflect the net after expense ratios? Also, I noticed that the NAV for IDRV is $47.48, but the price shown for buying and selling on Vanguard is the market price of $47.74
Instead of QQQ, I'd go with QQQM. Same exact holdings, just a lower expense ratio. Otherwise I'm with it until IDRV - it's a good concept to invest in, but there are going to be 1 or 2 companies cornering that market. I'd put my money on TSLA and GOOG, with potential for some lidar companies taking a nice cut. Companies like GM and Ford might not re-tool quickly enough to keep their revenues stable from the increasing EV demand. They're roughly as big as they can get, so even if they wind up selling 10s of millions of EVs and licensing out self-driving software, their revenue and profit might be pretty flat for decades. Individual stocks, good idea. I'd toss in EVs, fintech and Asian tech (JD, PDD, SE, BABA etc) into the mix.
Please rate of my portfolio I am 31. This is my Roth IRA. I am bullish on tech and innovation for the next 30 years. 25% - QQQ 25% - QQQJ 20% - ARKK 20% - IDRV 5% - PLTR
Looking for a EV/Self-Driving based ETF with mainly US holdings that doesn't have TSLA in it's top 10. Don't have anything against Tesla, I just can't find an ETF without TSLA being like 5+% of the portfolio. I like IDRV, but I'd be double dipping too many companies, so it doesn't really do me much good. DRIV is pretty similar to IDRV, so I'm not interested in that one either. HAIL might be the only one I'm interested in so far, but most of it's larger holdings are based outside of the US. I know what you're thinking, "Well if you don't like some of these holdings, why don't you just pick the ones you like and buy those?". Yeah, you're right. I'm probably going to end up doing that, but I wanted to use this subreddit as a resource and see if there's an ETF that matches what I want before I start hand picking funds.
Well, there's ETFs like $IDRV, and there's companies like $RIDE.
Yeah I was abt to look at IDRV again haha it's one of my TSLA ETFs
Idk about rarely talked about, but i had IDRV until today
That's a maybe, at best. Also, that would only work if you found an EV ETF. ARK (all 5 of Cathie's ETFS) is heavily invested in all sorts of stuff outside of EV, so they'd be the wrong place to look. A simple "EV ETF" google search got the following: ​ * **Global X Autonomous & Electric Vehicles** (NASDAQ:[**DRIV**](https://investorplace.com/stock-quotes/driv-stock-quote/)) * **KraneShares Electric Vehicles & Future Mobility ETF** (NYSEARCA:[**KARS**](https://investorplace.com/stock-quotes/kars-stock-quote/)) * **SPDR Kensho Smart Mobility ETF** (NYSEARCA:[**HAIL**](https://investorplace.com/stock-quotes/hail-stock-quote/)) * **iShares Self-Driving EV and Tech ETF** (NYSEARCA:[**IDRV**](https://investorplace.com/stock-quotes/idrv-stock-quote/)) * **Global X Lithium & Battery Technology ETF** (NYSE:[**LIT**](https://investorplace.com/stock-quotes/lit-stock-quote/))
I’m a fairly new investor, admittedly never knew about ETF’s. Found some EV ETF’s today, all at a nice discount now. This article I’m posting below had 5 of them (HAIL DRIV KARS IDRV and LIT)all up nicely since last year, and all at a discount because of the current market. I’m definitely getting one or two tomorrow, gonna be doing some research tonight to figure out which. https://finance.yahoo.com/news/5-electric-vehicle-etfs-getting-174551224.html
NIO is up ~930% for the year TSLA, even now, is up ~315% this year FSR ~163% this year PLUG is up ~888% on the year IDRV - the etf- only up ~71% for the year What industry this year is doing better?
IDRV and DRIV comes to mind, I don't hold them because they have a bunch of other stocks in there.
I am so exposed to TSLA in my Roth- ARKK, FNGU, QCLN, IDRV. I wish there was a site which took a combination of ETFs and spit out the underlying stock percentages as a result.
I bought arkw in August and held for a few months. There was always talk of a sell off for ark etfs even in august since they had run up quite a bit at that time. Do some research on the companies in each etf. That’s what I did and decided to go with arkw. Arkw or arkk would be my top two choices of the five offered. DCA into either one of those. After I sold I ended up buying an etf with ishares. IDRV. Focuses on Self-Driving EV and Tech. Think I’ll hold onto this one for a while.
I mostly look at expense ratio, performance and history. History is important. I am more confident in a fund like VUG with a proven track record over decades than something brand new like IDRV. This doesn't mean its always a bad idea to go for newer funds, but it carries more risk. Expense ratio is important because its proven that cheaper ones **generally** perform better. If you are gonna pay a premium of 0.70% expense fee, you need a great reason to do so. For example, i think the exceptionnal talent of the ARK team is worth the fee. And finally, performance over the years. VUG averaging 16.33% over the last 10 years is a statistic that makes me feel good about my investment. And finally, i also need to be bullish and believe in the sector its covering. For example, i do think sport bettings will grow in the future, so i took shares of BETZ.
IDRV, IHAK, ICLN June/sept options are all super cheap and high probability ... can’t lose with these guys get in folks
Personally, I look at trends and try to find early stage companies that will sell into growing sectors. For the last few years I have been into electric cars and related tech, and since I have a background in mining I'm mostly looking at future suppliers of lithium, nickel, and graphite. There are many early stage mining companies trading for pennies that are pre-feasibility. Not all of these will get funded or turn into active mines but those that do are very likely to see a 20x increase in their share price. It takes years to finance and build a mine so this isn't a short term bet, but I'm holding a few to see how they do. I also just invest in safer bets, like EV sector ETFs: ARKW, ECAR, IDRV, DRIV. These won't be 20x but are unlikely to go to $0 (which the mining stocks most certainly can).
Personally, I look at trends and try to find early stage companies that will sell into growing sectors. For the last few years I have been into electric cars and related tech, and since I have a background in mining I'm mostly looking at future suppliers of lithium, nickel, and graphite. There are many early stage mining companies trading for pennies that are pre-feasibility. Not all of these will get funded or turn into active mines but those that do are very likely to see a 20x increase in their share price. It takes years to finance and build a mine so this isn't a short term bet, but I'm holding a few to see how they do. I also just invest in safer bets, like EV sector ETFs: ARKW, ECAR, IDRV, DRIV. These won't be 20x but are unlikely to go to $0 (which the mining stocks most certainly can).
Want to invest in EVs, but there’s so much competition in the space right now that I’d rather go for an ETF than individual stocks. Do people like DRIV? Might buy some today. Also looked at IDRV but DRIV has considerably outperformed it so far.