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Direxion Daily Electric and Autonomous Vehicles Bu...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US25460G2527
Issuer
Direxion
Inception Date
Aug 10, 2022
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
Indxx US Electric and Autonomous Vehicles Index - Benchmark TR Gross (200%)
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period


Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares

1D
1M
YTD
6M
1Y
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20256.61%-10.44%-18.74%-3.01%35.09%-4.64%8.12%16.63%25.18%-12.52%33.87%
2024-41.89%9.46%-17.41%-25.45%-1.88%-12.55%29.25%-11.35%23.41%-15.31%22.99%0.39%-50.31%
202350.96%-15.43%-13.97%-25.79%-2.08%36.01%67.01%-34.90%-14.64%-40.16%8.98%17.53%-22.79%
2022-22.54%-33.19%-24.77%-2.53%-35.70%-75.60%

Benchmark Metrics

Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares has an annualized alpha of -52.66%, beta of 3.19, and R² of 0.32 versus S&P 500 Index. Calculated based on daily prices since August 12, 2022.

  • This ETF participated in 257.59% of S&P 500 Index downside but only 115.25% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.32 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
-52.66%
Beta
3.19
0.32
Upside Capture
115.25%
Downside Capture
257.59%

Expense Ratio

EVAV has a high expense ratio of 0.98%, indicating above-average management fees.


Return for Risk

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) and compare them to a chosen benchmark (S&P 500 Index).


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Dividends

Dividend History

Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares provided a 0.81% dividend yield over the last twelve months, with an annual payout of $0.23 per share.


0.50%1.00%1.50%2.00%2.50%$0.00$0.20$0.40$0.60$0.80$1.00202220232024
Dividends
Dividend Yield
PeriodTTM202420232022
Dividend$0.23$0.55$1.05$0.30

Dividend yield

0.81%2.52%2.34%0.51%

Monthly Dividends

The table displays the monthly dividend distributions for Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.05$0.00$0.00$0.15$0.00$0.00$0.08$0.00$0.28
2024$0.00$0.00$0.13$0.00$0.00$0.13$0.00$0.00$0.09$0.00$0.00$0.20$0.55
2023$0.00$0.00$0.00$0.00$0.00$0.24$0.00$0.00$0.47$0.00$0.00$0.34$1.05
2022$0.30$0.30

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares was 95.27%, occurring on Apr 8, 2025. The portfolio has not yet recovered.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-95.27%Aug 15, 2022665Apr 8, 2025

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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