FFTY vs. EVAV ETF Comparison

Comparison of Innovator IBD 50 Fund ETF (FFTY) to Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV)
FFTY

Innovator IBD 50 Fund ETF

FFTY Description

The investment seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in companies included in the IBD® 50 Index. It is actively managed. Under normal circumstances, the fund will invest in a portfolio of U.S.-listed, exchange-traded equities. FFTY picks 50 leading growth companies that trade on US exchanges, potentially including ADRs. After screening out securities with extreme recent price movements, the universe is ranked by a composite of 11 different fundamental and technical metrics. The top 50 stocks are weighted in tiers, with more weight given to higher-ranking companies. Components of the index are reviewed on a weekly basis. Based on market-wide technical signals, FFTY may substitute half of its equity portfolio with Treasury bills. The index will remain half equity, half T-bills until a reversal signal occurs. Its worth noting that the funds high-turnover strategy could lead to poor tracking and/or taxable capital gains payouts.

Grade (RS Rating)

Last Trade

$27.02

Average Daily Volume

65,521

Number of Holdings *

50

* may have additional holdings in another (foreign) market
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

9,553

Number of Holdings *

8

* may have additional holdings in another (foreign) market
Performance
Period FFTY EVAV
30 Days -0.34% -11.50%
60 Days -0.77% -22.18%
90 Days 1.12% -28.76%
12 Months 17.26% -59.47%
0 Overlapping Holdings
Symbol Grade Weight in FFTY Weight in EVAV Overlap
FFTY Overweight 50 Positions Relative to EVAV
Symbol Grade Weight
WING A 3.76%
EME A 3.74%
RCL A 3.62%
PRCT B 3.58%
FIX A 3.56%
TDW B 3.52%
OSCR A 3.5%
NSSC B 3.28%
AAON C 3.19%
GCT B 3.14%
PWR B 3.11%
MMYT B 3.07%
ETN A 3.04%
LPG B 3.01%
DDOG D 3.0%
PR B 2.95%
CLSK D 2.94%
FTAI B 2.91%
HUBS D 2.82%
ACMR D 2.76%
TMDX B 2.15%
AXON B 2.1%
FCNCA B 2.09%
NTRA B 2.06%
OWL B 2.04%
IBKR B 2.02%
ARES A 1.99%
NVT A 1.98%
AXP A 1.98%
HUBB D 1.89%
GOOGL B 1.04%
GOOG B 1.04%
AVAV A 1.03%
IR D 1.02%
PHM B 1.01%
PDD B 1.0%
ITCI C 1.0%
C A 1.0%
NCLH F 0.99%
TCOM A 0.97%
TXRH B 0.52%
NVEI B 0.51%
KSPI B 0.51%
LMND C 0.5%
CTAS B 0.5%
BSX B 0.5%
POWL B 0.49%
DB B 0.49%
APO C 0.49%
WHD B 0.48%
FFTY Underweight 8 Positions Relative to EVAV
Symbol Grade Weight
LI F -7.47%
TSLA D -5.83%
NKLA F -5.82%
XPEV F -5.76%
EH C -5.74%
NIO C -5.11%
RIVN F -4.92%
GNTX D -4.43%
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