Electric vehicle (EV) exchange-traded funds (ETFs) are funds that invest in several companies focused on the EV sector. There's a massive shift underway toward EVs. This transition will benefit electric vehicle makers and other suppliers, including software providers, semiconductor suppliers, component and part manufacturers, battery producers, and lithium miners.
Investors interested in this megatrend have lots of options. For example, they could invest directly in electric car stocks or in companies that manufacture EV batteries.
However, it can be hard to choose which company or technology might win in this emerging industry. That's why investors may want to consider taking a broader approach by purchasing an ETF that invests in a variety of companies with exposure to the EV market. Here's a closer look at some of the top electric vehicle ETFs to consider in 2026.
Best electric vehicle ETFs in 2026
Here's a snapshot of the top EV ETFs to consider:
Top EV ETFs | Description | Expense Ratio |
|---|---|---|
Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV) | Broadly focused with a portfolio that includes tech giants, automakers, semiconductor companies, and other EV suppliers | 0.68% |
KraneShares Electric Vehicles & Future Mobility ETF (NYSEMKT:KARS) | Narrowly focused on companies directly involved in EV and EV component production | 0.72% |
SPDR S&P Kensho Smart Mobility ETF (NYSEMKT:HAIL) | Invests in EVs, autonomous vehicles, transport systems, and drone companies | 0.45% |
iShares Self-Driving EV and Tech ETF (NYSEMKT:IDRV) | Broadly focused ETF weighted toward big tech and semiconductor companies | 0.48% |
Global X Lithium & Battery Tech ETF (NYSEMKT:LIT) | Invests in companies in the lithium industry, including miners and battery manufacturers | 0.75% |
1. Global X Autonomous & Electric Vehicles ETF
This ETF provides diversification across all aspects of the EV industry, skewing toward autonomous vehicles (AVs). The Global X Autonomous & Electric Vehicles ETF (DRIV -1.36%) had over $340 million in net assets under management (AUM) in late 2025 and more than 75 distinct holdings.
NASDAQ: DRIV
Key Data Points
The ETF's top 10 holdings included several leading tech companies, such as Alphabet (GOOGL -1.94%)(GOOG -1.98%), Nvidia (NVDA -3.55%), Microsoft (MSFT -1.52%), and Intel (INTC +2.63%). It featured some major automakers as well, including Tesla (TSLA -3.23%) and Toyota Motor (TM -4.59%).
The ETF also invests in a mix of companies that make semiconductors, components, batteries, and software for EVs and AVs. The fund's expense ratio is 0.68%. It aims to mimic the performance (before fees and expenses) of the Solactive Autonomous & Electric Vehicles Index.
2. KraneShares Electric Vehicles & Future Mobility ETF
The KraneShares Electric Vehicles & Future Mobility ETF (KARS -0.72%) tracks the Bloomberg Electric Vehicles Index.
NYSEMKT: KARS
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NYSEMKT: HAIL
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The ETF comes with an expense ratio of 0.45% and had about $20 million of AUM in late 2025. It had nearly 80 holdings. Among the more notable ones in its top 10 were Tesla, Cummins (CMI -2.11%), Ambarella (AMBA -3.94%), and GM (GM -3.87%).
4. iShares Self-Driving EV and Tech ETF
The iShares Self-Driving EV and Tech ETF (IDRV -0.73%) focuses on companies that aim to enable self-driving and autonomous vehicles. It tracks the NYSE FactSet Global Autonomous Driving and Electric Vehicle Index.
NYSEMKT: IDRV
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NYSEMKT: LIT
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The global mining giant is betting big on lithium. It bought Acadium Lithium for $6.7 billion in early 2025 and approved its first commercial-scale lithium project in late 2024 by greenlighting the $2.5 billion Rincon project. The ETF had almost $1.5 billion of assets under management in late 2025 and an expense ratio of 0.75%.
Types of EV ETFs
Here are several types of EV ETFs based on their investment strategy and focus area:
- Broad-based EV ETFs: These funds broadly cover the entire EV megatrend.
- Battery technology ETFs: These funds focus on companies that produce EV batteries and related materials such as lithium and cobalt.
- Autonomous vehicle ETFs: These funds focus on smart mobility and autonomous technology.
- Clean energy ETFs: These funds focus more broadly on clean energy overall, including EVs.
Key factors to consider when evaluating EV ETFs
Investors considering buying an EV ETF should review several key factors before adding one to their portfolio. Essential factors to weigh when selecting an EV ETF include:
- Expense ratios: A high expense ratio will eat into the returns generated by the EV stocks held by the fund.
- Assets under management: Smaller EV ETFs are at risk of closing due to a lack of investor interest.
- Performance metrics: While past performance doesn't mean a fund will deliver a repeat, it's a potential indicator of how it might perform in the future.
- Thematic focus: With several EV ETF options, investors need to decide what specific theme they want to invest in (e.g., EVs, batteries, or autonomous vehicles).
Related investing topics
Should you buy electric vehicle ETFs?
The age of the gasoline-powered automobile is coming to an end. That makes EV ETFs a potentially compelling long-term investment opportunity.
Here are some reasons to consider investing in EV ETFs:
- Legislative support: Some state and national governments are considering outright or effective bans on gas-powered cars.
- Consumer intent: A growing percentage of consumers, especially in Europe and China, expect their next vehicle purchase to be an EV.
- A lower-risk investment: If you want to profit from this significant change in the transportation sector without having to choose among individual EV stocks, owning shares in an EV-focused ETF is a lower-risk option.
Alternatively, here are some reasons you might not want to invest in an EV ETF:
- Potential underperformance: An EV ETF might underperform the returns of a high-powered EV stock such as Tesla.
- Politics: While California, for example, wants to require that all new cars be EVs in a decade, Congress and the White House have eliminated tax subsidies that benefited the EV industry.
Overall, EV ETFs provide broad exposure to the upside of EVs with less risk than an individual EV stock. Investors have several electric vehicle ETFs to choose from, all of which could gain immense value in the years and decades ahead as the transition to EVs accelerates.
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