Direxion Daily Electric & Autonomous Vehicles Bull 2X ETF (EVAV)
SRA Fund Quality Rating: NA
Investment Strategy: Seeks daily investment results of 200% of the performance of the Indxx US Electric and Autonomous Vehicles Index, focusing on companies involved in the development of electric and autonomous vehicles.
Sustainable Investing Approach: Thematic-orientation that provides leveraged exposure to an index of companies that derive ≥ 50 % of revenue from electric-vehicle or autonomous-vehicle technology. The fund itself does not apply additional ESG screens.
Investment Adviser: Rafferty Asset Management, LLC
Size: $3.8 million
Expense ratio: 0.98%
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