 The
iShares Self-Driving EV and Tech ETF, with the ticker symbol IDRV, is
an exchange-traded fund that seeks to provide investors with exposure
to companies involved in the development and production of
self-driving electric vehicles (EVs) and related technologies. The ETF
invests in a diversified portfolio of global companies that are
leading the way in self-driving EVs and related technologies,
including companies involved in autonomous driving software, electric
powertrains, and advanced sensors. The IDRV ETF aims to provide
investors with potential for long-term capital appreciation through
exposure to the growth potential of self-driving EVs and related
technologies. Here's an extended company report for the iShares
Self-Driving EV and Tech ETF:
The iShares Self-Driving EV and
Tech ETF was launched in 2019 by iShares, a leading global investment
management firm. The ETF seeks to provide investors with exposure to
companies involved in the development and production of self-driving
electric vehicles (EVs) and related technologies.
The iShares
Self-Driving EV and Tech ETF invests in a diversified portfolio of
global companies that are leading the way in self-driving EVs and
related technologies, including companies involved in autonomous
driving software, electric powertrains, and advanced sensors. The
ETF's investment strategy seeks to provide investors with potential
for long-term capital appreciation through exposure to the growth
potential of self-driving EVs and related technologies.
As of
March 18, 2023, the iShares Self-Driving EV and Tech ETF had a net
asset value of approximately $229 million. The ETF's expense ratio is
0.47%, which is lower than the average expense ratio for similar ETFs.
Investing in the iShares Self-Driving EV and Tech ETF involves
risks, including the risk that the ETF's performance may be affected
by changes in market conditions, changes in foreign currency exchange
rates, and other factors that may impact the companies in which the
ETF invests. In addition, the ETF's performance may be affected by
fluctuations in the prices of individual securities held by the ETF.
In conclusion, the iShares Self-Driving EV and Tech ETF seeks to
provide investors with exposure to companies involved in the
development and production of self-driving electric vehicles (EVs) and
related technologies. The ETF invests in a diversified portfolio of
global companies that are leading the way in self-driving EVs and
related technologies, and seeks to provide potential for long-term
capital appreciation through exposure to the growth potential of this
sector. However, investors should carefully consider the risks and
potential benefits of investing in the iShares Self-Driving EV and
Tech ETF before making any investment decisions.
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