Exchange Traded Funds (ETFs)

Invest in Emerging Markets and High Yields with This Fund

iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV) tracks a market-cap-selected and -weighted index of equities related to self-driving vehicles.

IDRV focuses on companies that produce autonomous driving vehicles, electric vehicles, batteries for electric vehicles, or technologies related to such products. The list of industrials covered include autonomous and electric vehicle manufacturers, autonomous driving technologies companies, electric vehicle battery producers, electric vehicle battery materials producers, and electric vehicle charging and components producers.

The fund allows for stocks from both developed and emerging economies, as well as companies of all market cap sizes. The index will be reviewed and reconstituted annually and rebalanced semi-annually.

The index is composed of equity securities of companies listed in one of 43 developed or emerging market countries that derive a certain specified percentage of their revenue from selected autonomous or electric vehicle-related industries. The fund generally will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index. It is non-diversified.

Source: www.stockcharts.com

IDRV has $444 million in assets under management and a 0.14% average spread. Its expense ratio is 0.47%, meaning it is relatively inexpensive to hold in relation to other exchange-traded funds (ETFs).

With the fossil fuel industry fading in tandem with the emerging renewable energy market, this play could be a great addition to your portfolio.

However, as with any opportunity, potential investors should conduct their own due diligence in deciding whether or not this fund fits their own individual investing needs and portfolio goals.

Exclusive ETF Talk: Another Golden Opportunity

Jim Woods

Jim Woods is a 20-plus-year veteran of the markets with varied experience as a broker, hedge fund trader, financial writer, author and newsletter editor. Jim is the editor of Intelligence Report, Successful Investing, the Bullseye Stock Trader, and The Deep Woods (formerly the Weekly ETF Report). His books include co-authoring, “Billion Dollar Green: Profit from the Eco Revolution,” and “The Wealth Shield: How to Invest and Protect Your Money from Another Stock Market Crash, Financial Crisis or Global Economic Collapse.” He’s also ghostwritten many books and articles, as well as edited content for some of the investment industry’s biggest luminaries. His articles have appeared on many leading financial websites, including StockInvestor.com, InvestorPlace.com, Main Street Investor, MarketWatch, Street Authority, Human Events and many others. Jim formerly worked with Investor’s Business Daily founder William J. O’Neil, helping to author training courses in the CANSLIM stock-picking methodology. The independent firm TipRanks rates Jim the No. 3 financial blogger in the world (out of more than 6,000). TipRanks calculates that, since 2012, he's made 361 successful recommendations out of 499 total, earning a success rate of 72% and a +15.3% average return per recommendation. He is known in professional and personal circles as “The Renaissance Man,” because his expertise includes such varied fields as composing and performing music; Western horsemanship, combat marksmanship, martial arts, auto racing and bodybuilding. Jim holds a BA in philosophy from the University of California, Los Angeles, and is a former U.S. Army paratrooper. A self-described “radical for capitalism,” he celebrates the virtue of making money from his Southern California horse ranch.