BATT vs. EVAV

Last updated Apr 2, 2026

Compare and contrast key facts about Amplify Lithium & Battery Technology ETF (BATT) and Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV).

BATT and EVAV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BATT is an actively managed fund by Amplify. It was launched on Jun 6, 2018. EVAV is a passively managed fund by Direxion that tracks the performance of the Indxx US Electric and Autonomous Vehicles Index - Benchmark TR Gross (200%). It was launched on Aug 10, 2022.

Performance

BATT vs. EVAV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Lithium & Battery Technology ETF (BATT) and Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV). The values are adjusted to include any dividend payments, if applicable.

BATT vs. EVAV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
BATT Amplify Lithium & Battery Technology ETF	8.99%	59.70%	-13.93%	-7.05%	-23.01%
EVAV Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares	0.00%	33.87%	-50.31%	-22.79%	-75.60%

Returns By Period

BATT

• 1D: 1.01%
• 1M: -7.16%
• YTD: 8.99%
• 6M: 16.65%
• 1Y: 82.30%
• 3Y*: 8.21%
• 5Y*: 2.14%
• 10Y*: —

EVAV

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BATT vs. EVAV - Expense Ratio Comparison

BATT has a 0.59% expense ratio, which is lower than EVAV's 0.98% expense ratio.

EVAV

Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares

BATT

Amplify Lithium & Battery Technology ETF

Return for Risk

BATT vs. EVAV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BATT

BATT Risk / Return Rank: 95
BATT Sharpe Ratio Rank: 96
BATT Sortino Ratio Rank: 94
BATT Omega Ratio Rank: 92
BATT Calmar Ratio Rank: 96
BATT Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BATT vs. EVAV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Lithium & Battery Technology ETF (BATT) and Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BATT	EVAV	Difference
Sharpe ratio Return per unit of total volatility	2.56	—	—
Sortino ratio Return per unit of downside risk	2.99	—	—
Omega ratio Gain probability vs. loss probability	1.41	—	—
Calmar ratio Return relative to maximum drawdown	4.64	—	—
Martin ratio Return relative to average drawdown	17.14	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BATT	EVAV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.56	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.07	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	—	—

Correlation

The correlation between BATT and EVAV is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BATT vs. EVAV - Dividend Comparison

BATT's dividend yield for the trailing twelve months is around 1.70%, more than EVAV's 0.81% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BATT Amplify Lithium & Battery Technology ETF	1.70%	1.85%	3.17%	3.23%	4.14%	2.32%	0.21%	3.22%	0.89%
EVAV Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares	0.81%	0.97%	2.52%	2.34%	0.51%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	BATT	EVAV	Difference
Max Drawdown Largest peak-to-trough decline	-69.38%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-17.58%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-61.98%	—	—
Current Drawdown Current decline from peak	-15.47%	—	—
Average Drawdown Average peak-to-trough decline	-35.40%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.87%	—	—

Volatility

Volatility by Period

	BATT	EVAV	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	25.10%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	32.28%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.24%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.55%	—	—