EVAV vs. COPP ETF Comparison
Comparison of Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) to Sprott Copper Miners ETF (COPP)
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
$20.27
Average Daily Volume
20,670
15
COPP
Sprott Copper Miners ETF
COPP Description
COPP aims to replicate an index comprised of 30 to 50 constituents with a significant portion of their revenue derived from copper mining, exploration, development, and production activities. Eligible securities must meet specific criteria, including minimum free float market capitalization and an Average Daily Traded Value threshold. Companies then undergo a selection process involving industry publications, research, and engagements with company management. Securities are weighted based on free float market capitalization, with excess weight redistributed among other constituents, ensuring portfolio diversification and preventing undue influence by individual companies. The index includes securities from domestic and international issuers, covering emerging and frontier markets, with notable representation from Canadian, Chilean, and Australian issuers. Reconstitution and rebalancing occur semi-annually, with deletions possible at any time due to corporate actions. COPP may also invest in publicly traded closed-ended trusts within the index's purview.Grade (RS Rating)
Last Trade
$23.40
Average Daily Volume
16,698
4
Performance
| Period | EVAV | COPP |
|---|---|---|
| 30 Days | 14.33% | -6.10% |
| 60 Days | 20.05% | -4.02% |
| 90 Days | 19.67% | -3.74% |
| 12 Months | -46.46% |
0 Overlapping Holdings
| Symbol | Grade | Weight in EVAV | Weight in COPP | Overlap |
|---|
EVAV: Top Represented Industries & Keywords
COPP: Top Represented Industries & Keywords
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