EVAV vs. KONG ETF Comparison
Comparison of Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) to Formidable Fortress ETF (KONG)
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
$17.65
Average Daily Volume
20,723
15
KONG
Formidable Fortress ETF
KONG Description
The investment seeks long-term capital appreciation. Under normal market conditions, the fund seeks to meet its investment objective by investing in large- and mid-cap equity securities, including common stocks, related depository receipts, real estate investment trusts (REITs), and other equity investments or ownership interests in business enterprises. It invests predominantly in common stocks of large- and mid-cap companies (the "Investable Universe"). The fund's derivative investments may include, among other instruments: (i) options; (ii) volatility-linked ETFs; and (iii) volatility-linked exchange-traded notes (ETNs). It is non-diversified.Grade (RS Rating)
Last Trade
$29.79
Average Daily Volume
2,632
33
Performance
Period | EVAV | KONG |
---|---|---|
30 Days | -7.54% | 0.29% |
60 Days | 3.12% | 4.97% |
90 Days | 19.29% | 6.95% |
12 Months | -55.83% | 19.32% |
1 Overlapping Holdings
Symbol | Grade | Weight in EVAV | Weight in KONG | Overlap | |
---|---|---|---|---|---|
GNTX | C | 2.86% | 2.4% | 2.4% |
EVAV Underweight 32 Positions Relative to KONG
Symbol | Grade | Weight | |
---|---|---|---|
TPL | A | -5.61% | |
MKTX | C | -3.61% | |
IBKR | A | -3.54% | |
FFIV | B | -3.52% | |
NVDA | B | -3.52% | |
SNA | A | -3.25% | |
UTHR | B | -3.25% | |
ADBE | F | -3.24% | |
FAST | B | -3.2% | |
GOOG | B | -3.2% | |
SPGI | C | -3.18% | |
CTSH | B | -3.17% | |
META | C | -3.04% | |
WST | C | -3.01% | |
DOX | D | -2.99% | |
GGG | A | -2.99% | |
GLPI | D | -2.99% | |
SNPS | C | -2.94% | |
RS | B | -2.94% | |
ADM | D | -2.93% | |
REGN | F | -2.92% | |
MNST | D | -2.92% | |
PSA | C | -2.89% | |
JKHY | D | -2.85% | |
CHE | D | -2.79% | |
JNJ | D | -2.76% | |
VRTX | C | -2.68% | |
MSFT | D | -2.63% | |
CTRA | A | -2.4% | |
ADP | B | -2.32% | |
EME | B | -2.22% | |
ERIE | F | -2.11% |
EVAV: Top Represented Industries & Keywords
KONG: Top Represented Industries & Keywords