Betashares Electric Vehicles and Future Mobility ETF (DRIV) Review & Analysis

MER Β· #378 of 514AUM Β· #424 of 5081Y Return Β· #217 of 4263Y Return Β· #227 of 300
What's new this monthData to 30 September 2026
  • βˆ’1.9% in September (total return), behind the median international shares ETF at +0.0%.
  • The unit price closed the month at $10.31, 18% below its 12-month high (range $9.47 to $12.65).

About DRIV

DRIV is an international shares ETF from Betashares, listed on the ASX since December 2021. With $16m under management it is number 214 of 254 international shares ETFs by size. The management fee is 0.67% a year, about $67 on every $10,000 invested, dearer than the typical international shares ETF at 0.55%.

Its largest holdings are Tesla Inc, Volvo AB and PACCAR Inc, and the top 10 make up 60% of the fund. By sector it leans towards consumer discretionary (44%) and industrials (25%). United States is the biggest country exposure at 39%.

Over the past year it returned +3.9%, against +10.4% for the median international shares ETF. With its focus on clean energy, it is the kind of fund many investors use as a smaller satellite holding alongside a diversified core.

DRIV distributions and dividend dates

DRIV pays distributions yearly, usually going ex-distribution in July, with payment about 15 days after the ex-date. (Pattern estimated from recent payments.)

The latest distribution was $0.0878 per unit (0% franked), ex-distribution on 1 July 2026 and paid on 16 July 2026. To receive it you need to own DRIV before the ex-date.

Its distribution yield over the past 12 months is about 0.9%. Distributions vary and past payments are not a guide to future ones.

From ASX announcements, updated nightly. See every ETF in the dividend calendar.

Compare DRIV with

DRIV price by TradingView

Stock CodeDRIV
Fund ManagerBetashares
Asset ClassInternational shares
AUM$16m
MER (%)0.67%
Net flows (Sep)$0.0m
Last Price$10.31
52-Week Range$9.47 – $12.65
Bid/Ask Spread0.26%
Listing Date15/12/2021
ExchangeASX
IndexNot yet in our data. See the PDS
Issuer websiteBetashares β†—

Performance (% return)

-2%4%10%17%1M-1.9%1Y3.9%3Y16.7%5Yn/a
1 monthβˆ’1.9%
1 year+3.9%
3 years p.a.+5.3%
5 years p.a.–

$10,000 invested…

1 year ago$10,3873 years ago$11,670

Value at 30 September 2026 with distributions reinvested, before tax and brokerage.

Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.

DRIV at a glance: strengths and things to watch

πŸ‘ Strengths

  • Nothing stands out against its category.

⚠️ Things to watch

  • Small fund. With $16m under management, it is more at risk of being closed or merged than larger funds, and trading can be thinner.
  • Behind its peers. +5.3% a year over 3 years, against +15.4% for the median international shares ETF.
  • Concentrated. The top 10 holdings make up 60% of the fund, so a few companies drive the result.
  • In a downtrend. Its price has been trending down since 19 October (as at 7 November).

Worked out from DRIV's fees, size, flows, returns and trend against the 257 international shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.

Joshua StegaetfadviserTrend check
Downtrend since 19 Oct 2026

DRIV is in a downtrend. Here's why that matters.

DRIV's price is below its 20-day average and its averages are stacked downward.

Why it matters: Downtrends can run for months, and that is where most big losses happen. For satellite holdings, waiting in cash until the trend turns has often been the better choice.

At ETF Adviser the core of a portfolio stays invested through every stage, and satellite ETFs are only bought in an uptrend. Members get a weekly update on which ETFs are breaking out of a base and which trends have broken.

Oct 25Jan 26Apr 26Jul 26Oct 26
UptrendBaseDowntrend

DRIV weekly price, past 12 months, shaded by trend stage. Stage as at 7 November 2026, updated weekly. A technical label, not a recommendation.

Investment Focus

Themes & Sectors

Clean energy

Portfolio Breakdown

Top 10 holdings (60.0% of the fund)

SymbolCompany% assets
TSLA9.43%
VOLVB8.46%
PCAR7.73%
58027.07%
12116.83%
0064005.17%
DTG4.69%
ADI3.77%
TXN3.48%
VOW33.41%

Sector breakdown

  • Consumer Discretionary44.4%
  • Industrials25.2%
  • Information Technology22.5%
  • Utilities5.3%
  • Materials1.8%
  • Energy0.6%
  • Consumer Staples0.4%

Country breakdown

  • United States39.2%
  • Hong Kong13.9%
  • Germany11.5%
  • SE10.1%
  • South Korea9.7%
  • Japan7.5%
  • China3.8%
  • SG2.4%
  • Other1.9%

Holdings from the issuer's published portfolio as at 30 October 2026. Breakdowns are based on the largest 46 positions, covering 100% of the fund. Compare DRIV's holdings with other ETFs β†’

Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.

Similar ETFs

CodeNameSame holdingsMERAUM1Y3Y p.a.5Y p.a.
ERTHBetashares Climate Change Innovation ETF
21%
0.65%$78m+1.0%+2.4%βˆ’5.5%
VGSVanguard MSCI Index International Shares ETF
2%
0.18%$18.7bn+10.1%+17.9%+11.8%
IVViShares S&P 500 ETF
3%
0.04%$14.9bn+10.1%+19.2%+13.4%
NDQBetashares Nasdaq 100 ETF
6%
0.48%$9.5bn+16.6%+23.8%+15.3%
QUALVanEck MSCI International Quality ETF
1%
0.40%$9.2bn+10.1%+16.1%+11.4%
VGADVanguard MSCI Index International Shares (Hedged) ETF Currency hedged
2%
0.21%$7.9bn+17.1%+19.8%+10.8%

Same holdings is the share of DRIV's money in companies the other ETF also holds, weighted by size. Most similar first, then ETFs in the same category. See every ETF like DRIV β†’

DRIV vs its closest alternatives

What actually differs between DRIV and the ETFs most like it. Data to 30 Sep 2026.

ERTH Betashares Climate Change Innovation ETF

  • They share 21% of their holdings: some overlap.
  • ERTH is cheaper (0.65% vs 0.67%), worth about $1,286 on $100,000 over 20 years.
  • Over 3 years, a year: DRIV +5.3%, ERTH +2.4% (DRIV ahead by 2.9 percentage points).
  • ERTH is about 5 times larger ($78m vs $16m), which usually means tighter trading spreads.

Compare DRIV and ERTH side by side β†’

VGS Vanguard MSCI Index International Shares ETF

  • They share 2% of their holdings: mostly different companies.
  • VGS is cheaper (0.18% vs 0.67%), worth about $32,871 on $100,000 over 20 years.
  • Over 3 years, a year: DRIV +5.3%, VGS +17.9% (VGS ahead by 12.7 percentage points).
  • VGS is much larger ($18.7bn vs $16m), which usually means tighter trading spreads.

Compare DRIV and VGS side by side β†’

IVV iShares S&P 500 ETF

  • They share 3% of their holdings: mostly different companies.
  • IVV is cheaper (0.04% vs 0.67%), worth about $42,801 on $100,000 over 20 years.
  • Over 3 years, a year: DRIV +5.3%, IVV +19.2% (IVV ahead by 13.9 percentage points).
  • IVV is much larger ($14.9bn vs $16m), which usually means tighter trading spreads.

Compare DRIV and IVV side by side β†’

General information only. Past performance is not a reliable indicator of future performance.

Related Reads

DRIV FAQs

What is the fee for DRIV?

DRIV charges a management fee (MER) of 0.67% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is DRIV?

DRIV had $16m in funds under management as at 30 September 2026.

How has DRIV performed?

DRIV returned +3.9% over the year to 30 September 2026 (total return, including distributions). Over three years it returned +5.3% a year. Past performance is not a reliable indicator of future performance.

Who manages DRIV?

DRIV is managed by Betashares and has been listed since December 2021.

Is DRIV franked?

Generally no. DRIV invests outside Australia, so its distributions carry little or no franking credits. Franking comes from Australian companies that have paid tax here.

What does DRIV hold?

DRIV's largest holdings are Tesla Inc (9.4%), Volvo AB (8.5%), PACCAR Inc (7.7%), Sumitomo Electric Industries Ltd (7.1%), BYD Co Ltd (6.8%). It holds about 46 investments in total. The biggest sector is consumer discretionary at 44%. Holdings as at 30 October 2026.

Is DRIV currency hedged?

No, DRIV is unhedged. Its returns move with the Australian dollar: a falling dollar adds to returns and a rising dollar reduces them.

Disclaimer

This review is general information only and does not take into account your objectives, financial situation or needs. Consider the Betashares product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.