TSLT vs. EVAV ETF Comparison
Comparison of T-REX 2X Long Tesla Daily Target ETF (TSLT) to Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV)
TSLT
T-REX 2X Long Tesla Daily Target ETF
TSLT Description
The fund, under normal circumstances, invests in swap agreements that provide 200% daily exposure to TSLA equal to at least 80% of its net assets (plus any borrowings for investment purposes). The fund will enter into one or more swap agreements with major global financial institutions whereby the fund and the global financial institution will agree to exchange the return earned on an investment by the fund in TSLA that is equal, on a daily basis, to 200% of the value of the fund"s net assets. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$30.56
Average Daily Volume
6,016,583
1
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
Performance
Period | TSLT | EVAV |
---|---|---|
30 Days | 148.66% | 14.33% |
60 Days | 76.24% | 20.05% |
90 Days | 117.97% | 19.67% |
12 Months | 36.86% | -46.46% |
1 Overlapping Holdings
Symbol | Grade | Weight in TSLT | Weight in EVAV | Overlap | |
---|---|---|---|---|---|
TSLA | B | 106.42% | 6.06% | 6.06% |
TSLT Overweight 0 Positions Relative to EVAV
Symbol | Grade | Weight |
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TSLT: Top Represented Industries & Keywords
EVAV: Top Represented Industries & Keywords