China Electric Vehicle Etf

Exchange traded fund provider global x funds has launched the global x autonomous electric vehicles etf which.

China electric vehicle etf.

It is designed to replicate the performance of the solactive autonomous electric vehicles index. This fund follows the performance of the solactive electric vehicles and future mobility index. The global x autonomous electric vehicles etf driv seeks to invest in companies involved in the development of autonomous vehicle technology electric vehicles evs and ev components and materials. Investors now have a new way to invest in the burgeoning electric car industry.

The premium ev maker went in reverse in 2019. Free ratings analyses holdings benchmarks quotes and news. Global x autonomous electric vehicles etf driv launched in april 2018 the fund gives exposure to companies involved in the development of autonomous vehicle technology electric vehicles and. The chinese auto market crumbled.

Global x china electric vehicle etf enables investors to access high growth potential through companies critical to the development of electric vehicles in china. Perhaps the best of the lot is the kraneshares electric vehicles future mobility index etf nyse. Its year to date return is 15 6. Tesla s little brother from china nio is also one of the best electric car stocks to buy for the next 10 years.

The global x autonomous electric vehicles etf driv seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses. Interestingly the covid 19 pandemic is bolstering the case for renewable energy and electric vehicle adoption which could provide a runway for long term growth with aces.