EVAV vs. KTEC ETF Comparison

Comparison of Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) to KraneShares Hang Seng TECH Index ETF (KTEC)

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

$18.06

Average Daily Volume

24,411

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KTEC

KraneShares Hang Seng TECH Index ETF

KTEC Description

KTEC is passively managed to provide exposure to the 30 largest Chinese technology companies listed in Hong Kong. The fund selects companies headquartered and operating primarily in Greater China (Hong Kong, Macau, and Mainland China). Companies should be in the industrials, consumer discretionary, health care, financials, or information technology sectors. These companies should also display strong research and development investment and high revenue growth under the following themes: internet, fintech, cloud computing, e-commerce, and digital technology. KTEC primarily invests in H-shares, but also includes the other major share classes like A, B, and N-shares, red chips, P and S-chips. The index is market-cap-weighted with an 8% cap limit per individual security. Holdings are rebalanced quarterly and reconstituted at least semi-annually.

Grade (RS Rating)

Last Trade

$13.75

Average Daily Volume

30,805

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EVAV	KTEC
30 Days	-15.79%	-14.49%
60 Days	6.62%	25.00%
90 Days	15.54%	30.54%
12 Months	-53.71%	17.83%

3 Overlapping Holdings

Symbol	Grade	Weight in EVAV	Weight in KTEC	Overlap
LI	C	8.78%	7.33%	7.33%
NIO	D	6.99%	0.33%	0.33%
XPEV	B	7.85%	3.71%	3.71%

EVAV Overweight 12 Positions Relative to KTEC

Symbol	Grade	Weight
TSLA	A	7.28%
PSNY	F	5.95%
EH	B	4.63%
RIVN	F	3.87%
BWA	D	3.55%
GNTX	B	3.1%
QS	F	2.96%
CRNC	C	2.93%
LCID	F	2.59%
CHPT	F	2.29%
INDI	F	1.92%
LAZR	F	1.67%

EVAV Underweight 5 Positions Relative to KTEC

Symbol	Grade	Weight
BABA	B	-7.58%
TCOM	A	-4.33%
BIDU	F	-3.24%
BILI	A	-2.54%
WB	B	-0.02%

EVAV: Top Represented Industries & Keywords

Industries: Auto Manufacturers Auto Parts Aerospace & Defense Conglomerates Software - Application