Page 3 - Solactive Autonomous News Today

Inflation fears have been helping to fuel sell-offs in the market as of late. Thematic funds have been particularly sensitive to the recent correction, but investors still have faith in funds like BOTZ and DRIV. BOTZ seeks to invest in companies that stand to benefit from increased adoption and utilization of robotics and artificial intelligence (AI), including those involved with industrial robotics and automation, non-industrial robots, and autonomous vehicles. Additionally, BOTZ seeks to pro...

Put a Charge in Your Portfolio with This Electric ETF April 26, 2021 The federal government is fielding pleas to reduce carbon emissions to zero by the year 2035, which should charge up assets like the “Governors from a dozen states are asking President Biden to ban the sale of cars and light trucks that emit greenhouse gases by 2035,” an NPR article noted. “In a letter to the president, the governors of California, New York, North Carolina and nine other states — all but one a Demo...

The LIT ETF Has Investors Raking in the Gains Rising electric vehicle demands ups the ante on getting ahold of batteries, which require lithium for production. Right now, a shortage of batteries is pushing prices higher for materials like lithium. “Prices for the three main natural resources have been rising since the start of 2021,” a Goldman Sachs report said. “We believe that in order to promote sustainable EV industries, some countries may consider implementing policies to increase na...

Tesla stock is up over 300% the past year, which has led to electric gains for the Global X Autonomous & Electric Vehicles ETF (DRIV).

Both LIT and DRIV are giving ETF investors something to talk about. LIT is up over 100% the past year, while DRIV is up almost 80%.

February 22, 2021 Cloud computing, lithium, and electric vehicles are driving activity for three funds from thematic ETF provider Global X. These funds have been posting high daily volume. Global X Cloud Computing ETF (CLOU) is already up over 60% within the past year. The fund seeks to track the Indxx Global Cloud Computing Index, the fund holds a basket of companies that potentially stand to benefit from the continuing proliferation of cloud computing technology and services. CLOUD gives ET...

January 28, 2021 In the business world, healthy competition can help spur innovation. China is looking to one-up Tesla in the autonomous driving space, which could help the DRIV seeks to invest in companies involved in the development of autonomous vehicle technology, electric vehicles (“EVs”), and EV components and materials. This includes companies involved in the development of autonomous vehicle software and hardware, as well as companies that produce EVs, EV components such as lithi...

Testy Times for Tesla: Can S&P Induction DRIV(e) this ETF Forward? December 15, 2020 With the induction of electric automaker Tesla into the S&P 500, heavy volume is expected this week. Tesla is one of the top holdings of the Global X Autonomous & Electric Vehicles ETF (DRIV), so it’s one fund to watch if its over 50% gain year-to-date isn’t enough reason already. The fund seeks to invest in companies involved in the development of autonomous vehicle technology, electric vehicles (“EVs...