EVAV vs. KTEC ETF Comparison
Comparison of Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) to KraneShares Hang Seng TECH Index ETF (KTEC)
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
$18.06
Average Daily Volume
24,411
15
KTEC
KraneShares Hang Seng TECH Index ETF
KTEC Description
KTEC is passively managed to provide exposure to the 30 largest Chinese technology companies listed in Hong Kong. The fund selects companies headquartered and operating primarily in Greater China (Hong Kong, Macau, and Mainland China). Companies should be in the industrials, consumer discretionary, health care, financials, or information technology sectors. These companies should also display strong research and development investment and high revenue growth under the following themes: internet, fintech, cloud computing, e-commerce, and digital technology. KTEC primarily invests in H-shares, but also includes the other major share classes like A, B, and N-shares, red chips, P and S-chips. The index is market-cap-weighted with an 8% cap limit per individual security. Holdings are rebalanced quarterly and reconstituted at least semi-annually.Grade (RS Rating)
Last Trade
$13.75
Average Daily Volume
30,805
8
Performance
Period | EVAV | KTEC |
---|---|---|
30 Days | -15.79% | -14.49% |
60 Days | 6.62% | 25.00% |
90 Days | 15.54% | 30.54% |
12 Months | -53.71% | 17.83% |
EVAV: Top Represented Industries & Keywords
KTEC: Top Represented Industries & Keywords