Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) Alternatives
Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EVAV. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to EVAV
EVAV charges 0.98% annually. Among ETFs in the Leveraged Equities category, these options have the lowest expense ratios among EVAV alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | Sep 14, 2021 | EVAV vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | May 28, 2014 | EVAV vs SPUU | |
| Leverage Shares 2X Long NVDA Daily ETF | 0.75% | Dec 12, 2024 | EVAV vs NVDG | |
| Leverage Shares 2X Long AMD Daily ETF | 0.75% | Jan 24, 2025 | EVAV vs AMDG | |
| Leverage Shares 2X Long HOOD Daily ETF | 0.75% | Mar 20, 2025 | EVAV vs HOOG |
Best Risk-Adjusted Alternatives to EVAV
Among ETFs in the Leveraged Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Direxion Daily South Korea Bull 3X Shares | 98 | Apr 10, 2013 | EVAV vs KORU | |
| Direxion Daily MU Bull 2X Shares | 98 | Oct 9, 2024 | EVAV vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | Nov 11, 2024 | EVAV vs MULL | |
| Direxion Daily GOOGL Bull 2X Shares | 96 | Sep 6, 2022 | EVAV vs GGLL | |
| Direxion Daily TSM Bull 2X Shares | 96 | Oct 3, 2024 | EVAV vs TSMX |
Top Performing EVAV Alternatives (YTD)
EVAV alternatives from the Leveraged Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 168.34% | Apr 9, 2019 | EVAV vs NRGU | |
| MicroSectors Energy 3X Leveraged ETN | 141.86% | Feb 16, 2023 | EVAV vs WTIU | |
| Leverage Shares 2X Long TER Daily ETF | 102.79% | Nov 17, 2025 | EVAV vs TERG | |
| Direxion Daily S&P Oil & Gas Exploration & Product... | 102.61% | Apr 1, 2020 | EVAV vs GUSH | |
| ProShares Ultra Oil & Gas | 85.56% | Jan 30, 2007 | EVAV vs DIG |
Lowest Volatility Alternatives to EVAV
EVAV alternatives from the Leveraged Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 14.33% | Apr 1, 2021 | EVAV vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 16.31% | Apr 1, 2021 | EVAV vs QTAP | |
| Roundhill BRKB WeeklyPay ETF | 17.95% | Jun 17, 2025 | EVAV vs BRKW | |
| Innovator US Equity Accelerated ETF | 17.99% | Apr 1, 2021 | EVAV vs XDSQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 18.18% | Jul 1, 2021 | EVAV vs XTJL |
Lowest Drawdown Alternatives to EVAV
EVAV alternatives from the Leveraged Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -11.83% | Apr 1, 2021 | EVAV vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -12.04% | Apr 1, 2021 | EVAV vs QTAP | |
| Innovator US Equity Accelerated ETF | -12.18% | Apr 1, 2021 | EVAV vs XDSQ | |
| Innovator Growth Accelerated ETF - Quarterly | -12.64% | Apr 1, 2021 | EVAV vs XDQQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -13.81% | Jul 1, 2021 | EVAV vs XTJL |
Other ETFs from Direxion
Most popular Direxion ETFs on PortfoliosLab, across asset classes.
Often Compared With EVAV
What investors most often compare with EVAV, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 0.86% | May 26, 2020 | EVAV vs SGOV | |
| Vanguard S&P 500 ETF | S&P 500 | 65 | -4.42% | Sep 7, 2010 | EVAV vs VOO | |
| Amplify Lithium & Battery Technology ETF | Commodity Producers Equities, Actively Managed | 95 | 7.90% | Jun 6, 2018 | EVAV vs BATT | |
| Direxion Daily Cloud Computing Bull 2X Shares | Leveraged Equities, Actively Managed, Cloud Computing, Leveraged | — | — | Jan 8, 2021 | EVAV vs CLDL | |
| S&P 500 Index | 74 | -4.63% | — | EVAV vs ^GSPC | ||
| Dan IVES Wedbush AI Revolution ETF | Technology Equities | — | -10.25% | Jun 4, 2025 | EVAV vs IVES |
Compare EVAV with Any Fund or Stock
Compare EVAV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.