iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (IEVD.SG) is an exchange-traded fund that seeks to track the STOXX Global Electric Vehicles & Driving Technology NET Index, providing investors with exposure to developed and emerging market companies involved in electric vehicles and driving technologies; this includes manufacturers of electric vehicles, electric vehicle batteries and charging equipment, autonomous driving technologies, and related supply chain components. The ETF employs a physical replication strategy, holding approximately 88 to 114 equities across sectors such as consumer cyclical (around 42%), industrials, technology, and others, with top holdings including Delta Electronics Inc., Tesla Inc., Advanced Micro Devices Inc., NVIDIA Corp., and Emerson Electric Co.; it is accumulating in policy, with a total expense ratio of 0.40% and net assets exceeding USD 465 million. Launched on February 20, 2019, the Ireland-domiciled fund, issued by iShares IV plc and managed by BlackRock Asset Management Ireland Limited, lists on multiple exchanges including Deutsche Börse Xetra (IEVD), London Stock Exchange (ECAR), and SIX Swiss Exchange, targeting institutional and retail investors focused on thematic equity strategies.
In a significant operational change, the ETF transitioned from an optimized sampling approach to full physical replication of its benchmark effective September 19, 2025, enhancing tracking accuracy. Additionally, on June 24, 2024, the underlying STOXX Global Electric Vehicles & Driving Technology Index underwent a benchmark enhancement to refine its composition and methodology. The fund maintains Article 8 SFDR classification for sustainable investment characteristics, with geographic exposure spanning global markets including the US, Taiwan, Europe, and emerging regions, and no reported recent acquisitions, funding rounds, or partnerships specific to the ETF itself.