CLDL vs. EVAV
Compare and contrast key facts about Direxion Daily Cloud Computing Bull 2X Shares (CLDL) and Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV).
CLDL and EVAV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CLDL is an actively managed fund by Direxion. It was launched on Jan 8, 2021. 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
CLDL vs. EVAV - Performance Comparison
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CLDL vs. EVAV - Yearly Performance Comparison
| 2025 (YTD) | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
CLDL Direxion Daily Cloud Computing Bull 2X Shares | 3.74% | 25.41% | 84.75% | -38.61% |
EVAV Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares | 33.87% | -50.31% | -22.79% | -75.60% |
Returns By Period
CLDL
- 1D
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- 1M
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- YTD
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- 6M
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- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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EVAV
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
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- 5Y*
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- 10Y*
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CLDL vs. EVAV - Expense Ratio Comparison
CLDL has a 0.95% expense ratio, which is lower than EVAV's 0.98% expense ratio.
Return for Risk
CLDL vs. EVAV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Cloud Computing Bull 2X Shares (CLDL) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Correlation
The correlation between CLDL and EVAV is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
CLDL vs. EVAV - Dividend Comparison
CLDL's dividend yield for the trailing twelve months is around 0.21%, less than EVAV's 0.81% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
CLDL Direxion Daily Cloud Computing Bull 2X Shares | 0.21% | 0.00% | 0.00% | 0.00% | 4.78% |
EVAV Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares | 0.81% | 2.52% | 2.34% | 0.51% | 0.00% |
Drawdowns
CLDL vs. EVAV - Drawdown Comparison
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Volatility
CLDL vs. EVAV - Volatility Comparison
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