EVAV vs. ETEC ETF Comparison

Comparison of Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) to iShares Breakthrough Environmental Solutions ETF (ETEC)

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

$20.59

Average Daily Volume

10,088

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

ETEC

iShares Breakthrough Environmental Solutions ETF

ETEC Description

ETEC provides exposure to global equities categorized as emerging green technology. Selection begins with the initial index universe that then excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, and sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$22.07

Average Daily Volume

380

Number of Holdings ^*

13

* may have additional holdings in another (foreign) market

Performance

Period	EVAV	ETEC
30 Days	-4.03%	3.62%
60 Days	-17.57%	3.66%
90 Days	-20.60%	10.41%
12 Months	-54.76%	-4.91%

4 Overlapping Holdings

	Symbol	Grade	Weight in EVAV	Weight in ETEC	Overlap
	LI	F	7.47%	2.02%	2.02%
	NIO	D	5.11%	2.2%	2.2%
	TSLA	D	5.83%	4.02%	4.02%
	XPEV	D	5.76%	2.14%	2.14%

EVAV Overweight 4 Positions Relative to ETEC

	Symbol	Grade	Weight
	NKLA	F	5.82%
	EH	B	5.74%
	RIVN	F	4.92%
	GNTX	D	4.43%

EVAV Underweight 9 Positions Relative to ETEC

	Symbol	Grade	Weight
	BWA	B	-6.39%
	OLED	C	-5.79%
	FSLR	B	-4.05%
	XYL	A	-3.19%
	ENPH	F	-3.16%
	SEDG	F	-2.04%
	PLUG	F	-1.4%
	LCID	D	-1.14%
	DQ	F	-0.88%

EVAV: Top Represented Industries & Keywords

Industries: Auto Manufacturers Aerospace & Defense Auto Parts Conglomerates

Keywords: Electric Vehicle Transport Cars Motor Vehicles Automotive Manufacturers Nasdaq 100 Sustainable Transport Aircraft Aircraft Manufacturers Alarms Artificial Intelligence Aviation Charging Station Detectors Dimm Drivetrain Drones E Mobility Electric Aircraft Electric Vehicle Industry

ETEC: Top Represented Industries & Keywords

Industries: Auto Manufacturers Semiconductor Equipment & Materials Solar Auto Parts Diversified Industrials Electronic Components

Keywords: Electric Vehicle S&P 500 Transport Cars Motor Vehicles Photovoltaics Nasdaq 100 Photovoltaic System Solar Power Alternative Energy Automotive Manufacturers Electromagnetism Inverter Systems Inverters Power Systems Powertrain Renewable Energy Solar Panel Solar Power Systems Sport Utility Vehicle