The driverless car smart wallet on eToro has reported over 52% gains over the past two years. These returns are nothing short of impressive, given that they were achieved when a pandemic managed to paint most stock portfolios red.
Multiple technologies have managed to find common ground in the way we choose to live our days. Whether smartphones or television. They changed our behavior and made us almost entirely dependent on themselves. One such technology that is expected to conquer the automotive sector and which is incredibly promising for the same is that of driverless cars. Should eventually become a market worth $7 trillion.
Skipping something so massive wouldn’t be wise. But it can be difficult to research on your own and learn all about the industry in detail, and then make investment decisions. Save time and effort and choose to invest in the smart portfolio of driverless cars on eToro.
Here’s everything you need to know about it.
Your capital is in danger
The Smart Wallet of Driverless Cars on eToro
The driverless car portfolio on eToro includes 34 companies, with NVDA having the highest share. The portfolio currently has over $5 million in assets under management and has been the investment choice of over 2,600 investors.
The diversified nature of the companies makes the portfolio less prone to risk, as a drop specific to one company will not affect the overall portfolio much. While all of the companies included are notable, there are a few you must have heard of, and these are Alphabet, ABB ltd, Tesla Motors, Apple, Intel, Volkswagen, Mercedes Group, Honda and BMW.
In the current macro conditions, the portfolio has seen a negative light. But for nearly two years prior, the chart only went up.
Driverless Car Portfolio eToro Allocation
In 2021, the portfolio managed to generate 33.24% gains. Whereas the previous year, it had generated more than 71% returns. Also in 2019, the portfolio managed to impress significantly by enriching investors by 31.81%.
On a scale of 1 to 10, the portfolio received a risk rating of 7, which is quite good for a portfolio of this type. A risk rating is used to make investment decisions, educating investors about the price volatility the instrument has experienced.
You must have an account with eToro if you plan to invest in this portfolio. If you don’t, there’s nothing to worry about. Opening an account on eToro is incredibly simple and can be done in less than a day. Once done, you can open a position between $1,000 and $5,000, depending on the country you reside in.
Why invest in a portfolio of driverless cars?
For starters, the autonomous vehicle market is expected to grow at an annualized rate of more than 60% over the next decade. Companies are poised to earn some serious profits by helping the self-help industry reach trillions.
As a private investor, you too want to be part of it and take advantage of this opportunity. However, with the thousands of companies making promising claims, it can be difficult not only to find but also to follow the best ones.
Your capital is in danger
A portfolio can help you diversify and spread your capital across different companies in different market sectors. This not only gives you better exposure, but also reduces risk. Resulting in a healthier investment decision.
Lucky Block – Our Recommended Crypto of 2022
- New Crypto Gaming Platform
- Featured in Forbes, Nasdaq.com, Yahoo Finance
- LBLOCK token up to 1000%+ from presale
- Listed on Pancakeswap, LBank
- Free tickets for jackpot draws for holders
- Passive Income Rewards – Play to Earn Utility
- 10,000 NFTs Hit in 2022 – Now on NFTLaunchpad.com
- $1 Million NFT Jackpot in May 2022
- Decentralized Global Competitions
Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.