TSL vs. EVAV ETF Comparison

Comparison of GraniteShares 1.25x Long Tesla Daily ETF (TSL) to Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV)

TSL

GraniteShares 1.25x Long Tesla Daily ETF

TSL Description

TSL is a short-term tactical tool that aims to deliver 1.25x the price return, less fees and expenses, for a single day of Tesla stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 1.25x multiple. Aside from the leverage, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested

Grade (RS Rating)

Last Trade

$14.71

Average Daily Volume

386,098

Number of Holdings ^*

* 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

$19.07

Average Daily Volume

20,697

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TSL	EVAV
30 Days	71.05%	2.51%
60 Days	52.59%	14.69%
90 Days	67.16%	12.58%
12 Months	-9.79%	-49.64%

1 Overlapping Holdings

	Symbol	Grade	Weight in TSL	Weight in EVAV	Overlap
	TSLA	B	117.88%	6.06%	6.06%

TSL Overweight 0 Positions Relative to EVAV

	Symbol	Grade	Weight

TSL Underweight 14 Positions Relative to EVAV

Symbol	Grade	Weight
XPEV	C	-6.12%
RIVN	F	-5.02%
NIO	F	-4.51%
LI	F	-4.12%
INDI	C	-3.72%
LAZR	D	-3.68%
CRNC	C	-3.06%
BWA	D	-2.94%
GNTX	C	-2.92%
EH	D	-2.9%
PSNY	F	-2.64%
CHPT	F	-2.46%
LCID	F	-2.37%
QS	F	-2.13%

TSL: Top Represented Industries & Keywords

Industries: Auto Manufacturers

Keywords: Automotive Manufacturers Cars Charging Station Electric Vehicle Motor Vehicles Nasdaq 100 Powertrain Powertrain Systems S&P 500 Transport

EVAV: Top Represented Industries & Keywords

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