EVAV vs. ARKX ETF Comparison
Comparison of Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) to ARK Space Exploration & Innovation ETF (ARKX)
EVAV
Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares
EVAV Description
Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. The fund invests in public equity markets of the United States. The fund invests through derivatives and through other funds in stocks of companies operating across diversified sectors. The fund uses derivatives such as swaps and futures to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track twice the daily performance of the Indxx US Electric and Autonomous Vehicles Index. Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares is domiciled in the United States.
Grade (RS Rating)
Last Trade
$19.33
Average Daily Volume
10,080
8
ARKX
ARK Space Exploration & Innovation ETF
ARKX Description
The ARK Space Exploration & Innovation ETF’s (“Fund”) investment objective is long-term growth of capital. ARKX is an actively-managed exchange-traded fund (“ETF”) that will invest under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in the Fund’s investment theme of Space Exploration and innovation. The Adviser defines “Space Exploration” as leading, enabling, or benefitting from technologically enabled products and/or services that occur beyond the surface of the Earth. Orbital Aerospace Companies are companies that launch, make, service, or operate platforms in the orbital space, including satellites and launch vehicles. Suborbital Aerospace Companies are companies that launch, make, service, or operate platforms in the suborbital space, but do not reach a velocity needed to remain in orbit around a planet. Enabling Technologies Companies are companies that develop technologies used by Space Exploration related companies for successful value-add aerospace operations. These operations include artificial intelligence, robotics, 3D printing, materials and energy storage. Aerospace Beneficiary Companies are companies whose operations stand to benefit from aerospace activities, including agriculture, internet access, global positioning system (GPS), construction, imaging, drones, air taxis and electric aviation vehicles.Grade (RS Rating)
Last Trade
$15.54
Average Daily Volume
65,526
27
Performance
| Period | EVAV | ARKX |
|---|---|---|
| 30 Days | 17.28% | 9.68% |
| 60 Days | -15.61% | 6.52% |
| 90 Days | -33.53% | 4.65% |
| 12 Months | -58.88% | 13.28% |
0 Overlapping Holdings
| Symbol | Grade | Weight in EVAV | Weight in ARKX | Overlap |
|---|
EVAV Underweight 27 Positions Relative to ARKX
| Symbol | Grade | Weight | |
|---|---|---|---|
| AVAV | B | -9.52% | |
| KTOS | B | -9.14% | |
| IRDM | D | -8.06% | |
| TRMB | D | -6.75% | |
| TER | B | -5.93% | |
| LHX | A | -5.21% | |
| AMZN | C | -3.52% | |
| ACHR | F | -3.38% | |
| GRMN | A | -2.95% | |
| DE | D | -2.87% | |
| PATH | D | -2.85% | |
| PRNT | F | -2.83% | |
| BLDE | C | -2.82% | |
| RKLB | D | -2.59% | |
| JOBY | F | -2.13% | |
| GOOG | A | -2.13% | |
| HON | A | -1.49% | |
| HEI | B | -1.43% | |
| SNPS | C | -1.43% | |
| U | F | -1.28% | |
| PLTR | D | -1.27% | |
| MYNA | C | -1.18% | |
| ANSS | D | -1.14% | |
| LMT | B | -1.12% | |
| TDY | F | -1.05% | |
| OSPN | C | -0.59% | |
| DDD | F | -0.4% |
EVAV: Top Represented Industries & Keywords
ARKX: Top Represented Industries & Keywords
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