China Electric Vehicle Etf
Tesla s little brother from china nio is also one of the best electric car stocks to buy for the next 10 years.
China electric vehicle etf. Free ratings analyses holdings benchmarks quotes and news. Global x china electric vehicle etf enables investors to access high growth potential through companies critical to the development of electric vehicles in china. The ishares electric vehicles and driving technology ucits etf seeks to track the investment results of an index composed of developed and emerging market companies that focus on electric vehicles and driving technologies. The premium ev maker went in reverse in 2019.
This fund follows the performance of the solactive electric vehicles and future mobility index. Investors now have a new way to invest in the burgeoning electric car industry. 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. It is designed to replicate the performance of the solactive autonomous electric vehicles index.
Its year to date return is 15 6. Exchange traded fund provider global x funds has launched the global x autonomous electric vehicles etf which. Unconstrained approach the fund s composition transcends classic sector and industry classifications by tracking an emerging theme. 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.
The chinese auto market crumbled. 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.