Several exchange-traded funds, or ETFs, allow investors to track the stocks of electric vehicle manufacturers, includingTesla(NASDAQ:TSLA) or its China-based competitors,Nio Inc.(NYSE:NIO),Li Auto Inc.(NASDAQ:LI),XPeng(NYSE:XPEV) andBYD(OTC:BYDDF).
These funds allow investors to diversify their risks by owning chunks of shares in multiple EV plays rather than choosing to put all eggs in one basket. Here are three ETFs with exposure to Tesla and its rivals:
- iShares Self-Driving EV and Tech ETF(NYSE:IDRV): This fund tracks the NYSEA FactSet Global Autonomous Driving and Electric Vehicle...
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