ETEC vs. EVAV ETF Comparison

Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV)

ETEC

iShares Breakthrough Environmental Solutions ETF

ETEC Description

ETEC provides exposure to global equities categorized as emerging green technology. Selection begins with the initial index universe that then excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, and sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$19.83

Average Daily Volume

514

Number of Holdings ^*

11

* 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

$18.03

Average Daily Volume

20,387

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

Performance

Period	ETEC	EVAV
30 Days	-3.45%	-4.15%
60 Days	-6.30%	4.11%
90 Days	-1.47%	12.32%
12 Months	-7.21%	-54.51%

6 Overlapping Holdings

	Symbol	Grade	Weight in ETEC	Weight in EVAV	Overlap
	BWA	D	6.63%	2.94%	2.94%
	LCID	F	1.15%	2.37%	1.15%
	LI	F	3.34%	4.12%	3.34%
	NIO	F	2.44%	4.51%	2.44%
	TSLA	B	5.59%	6.06%	5.59%
	XPEV	C	4.62%	6.12%	4.62%

ETEC Overweight 5 Positions Relative to EVAV

	Symbol	Grade	Weight
	OLED	F	5.09%
	FSLR	F	3.13%
	XYL	D	2.7%
	ENPH	F	2.23%
	SEDG	F	0.69%

ETEC Underweight 9 Positions Relative to EVAV

	Symbol	Grade	Weight
	RIVN	F	-5.02%
	INDI	C	-3.72%
	LAZR	F	-3.68%
	CRNC	F	-3.06%
	GNTX	F	-2.92%
	EH	C	-2.9%
	PSNY	F	-2.64%
	CHPT	F	-2.46%
	QS	D	-2.13%

ETEC: Top Represented Industries & Keywords

Industries: Auto Manufacturers Semiconductor Equipment & Materials Solar Auto Parts Diversified Industrials

Keywords: Electric Vehicle S&P 500 Transport Cars Motor Vehicles Nasdaq 100 Photovoltaic System Photovoltaics Automotive Manufacturers Electromagnetism Inverter Systems Inverters Power Systems Powertrain Renewable Energy Solar Panel Solar Power Solar Power Systems Sport Utility Vehicle Actuator

EVAV: Top Represented Industries & Keywords

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

Keywords: Electric Vehicle Transport Cars Motor Vehicles Nasdaq 100 Artificial Intelligence Automotive Manufacturers Charging Station Electric Vehicle Industry In China Powertrain S&P 500 Sport Utility Vehicle Actuator Aircraft Aircraft Manufacturers Alarms Artificial Intelligence Services Automotive Systems Aviation Axle