GRID vs. EVAV ETF Comparison
Comparison of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) to Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV)
GRID
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index(SM). The fund normally invests at least 90% of assets in common stocks that comprise the index or in depositary receipts representing securities in the index. The index is designed to act as a transparent and liquid benchmark for the grid and electric energy infrastructure sector. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$114.94
Average Daily Volume
48,647
45
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
8
Performance
| Period | GRID | EVAV |
|---|---|---|
| 30 Days | 0.66% | -4.03% |
| 60 Days | 4.38% | -17.57% |
| 90 Days | 12.04% | -20.60% |
| 12 Months | 21.62% | -54.76% |
1 Overlapping Holdings
| Symbol | Grade | Weight in GRID | Weight in EVAV | Overlap | |
|---|---|---|---|---|---|
| TSLA | D | 1.74% | 5.83% | 1.74% |
GRID Overweight 44 Positions Relative to EVAV
| Symbol | Grade | Weight | |
|---|---|---|---|
| ETN | A | 8.45% | |
| ABBV | D | 8.26% | |
| JCI | C | 7.21% | |
| PWR | A | 4.15% | |
| HUBB | D | 3.57% | |
| APTV | D | 3.43% | |
| ENPH | F | 2.49% | |
| NVDA | C | 2.05% | |
| NVT | A | 2.03% | |
| ORCL | D | 1.44% | |
| CSCO | F | 1.41% | |
| QCOM | A | 1.37% | |
| GE | A | 1.19% | |
| TXN | A | 1.18% | |
| IBM | D | 1.12% | |
| ATKR | B | 1.11% | |
| HON | C | 1.01% | |
| ADI | A | 0.72% | |
| ITRI | A | 0.66% | |
| SEDG | F | 0.55% | |
| AEIS | D | 0.51% | |
| EMR | D | 0.48% | |
| MYRG | F | 0.44% | |
| NXPI | A | 0.42% | |
| GEV | A | 0.28% | |
| FLNC | B | 0.17% | |
| TRMB | D | 0.1% | |
| AMSC | C | 0.08% | |
| PLPC | D | 0.07% | |
| WLDN | A | 0.07% | |
| AES | B | 0.07% | |
| GNRC | B | 0.06% | |
| WCC | C | 0.05% | |
| MTZ | B | 0.04% | |
| LFUS | C | 0.04% | |
| ENS | D | 0.03% | |
| VMI | B | 0.03% | |
| ESE | B | 0.02% | |
| STM | F | 0.02% | |
| BDC | C | 0.02% | |
| ACA | B | 0.02% | |
| DGII | F | 0.01% | |
| AZZ | C | 0.01% | |
| EBR | D | 0.0% |
GRID: Top Represented Industries & Keywords
EVAV: Top Represented Industries & Keywords
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