Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV)
| 9.53 Delayed Data As of Jan 27 |  +1.19 / +14.27%Today’s Change | 5.13 Today|||52-Week Range 26.85 | +60.80% Year-to-Date |
Investment Objective
The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Indxx US Electric and Autonomous Vehicles Index. The index is designed to track the performance of electric and autonomous vehicles companies. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. It is non-diversified.
Latest EVAV News
| Is It Time to Buy Electric Vehicle ETFs Instead of Tesla? Jan 19 / Zacks.com - Paid Partner Content | Best Inverse/Leveraged ETFs of Last Week Jan 16 / Zacks.com - Paid Partner Content |
| 5 Leveraged ETFs That Gained More Than 30% to Start 2023 Jan 17 / Zacks.com - Paid Partner Content |
Performance
| 1 month | +37.72% | 3 years | -- | |
| 3 months | -14.97% | 5 years | -- | |
| 1 year | -- | Since inception | -66.63% |
Data through 01/27/2023
Quote Details
| Previous close | $8.34 |
| Open day’s range | 9.34 – 10.17 |
| Net asset value (NAV) | 8.30 (01/26/2023) |
| Daily volume | 63,778 |
| Average volume (3 months) | 21,277 |
Data as of 3:50pm ET, 01/27/2023
Peer Comparisonvs. Trading--leveraged equity ETFs
| EVAV | Category | |
|---|---|---|
| Performance 5-yr return | -- | +16.48% |
| Expense Gross exp ratio | 1.09% | -- |
| Risk 5 year sharpe ratio | -- | -- |
| Net assets | $2.1M | -- |
| Average market cap | $4.7B | $117.5B |
| Average P/E | -- | 16.3 |
| Dividend / Share | -- | 0.61% |
Competitors
| No competitors data available. |
Holdings
Top 5 SectorsPortfolio weighting
| Business service | -- |
| Consumer goods | -- |
| Consumer service | -- |
| Energy | -- |
| Financial service | -- |
Top 10 HoldingsPortfolio weighting
| -- | 15.53% |
| XPEV Xpeng Inc | 11.72% |
| LI Li Auto Inc | 11.27% |
| -- | 11.17% |
| NIO NIO Inc | 8.98% |
| GNTX Gentex Corp | 5.29% |
| TSLA Tesla | 4.90% |
| FSR Fisker Inc | 4.45% |
| LCID Lucid Group Inc | 4.44% |
| GOEV Canoo Inc | 4.28% |