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

Number of Holdings *

15

* may have additional holdings in another (foreign) market
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

Number of Holdings *

33

* may have additional holdings in another (foreign) market
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 Overweight 14 Positions Relative to KONG
Symbol Grade Weight
XPEV C 5.78%
TSLA B 5.45%
NIO F 4.94%
RIVN F 4.58%
LI F 4.44%
LAZR C 3.22%
CRNC D 3.0%
EH C 2.95%
BWA A 2.88%
INDI C 2.82%
CHPT F 2.6%
PSNY F 2.48%
LCID F 2.36%
QS F 2.15%
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%
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