EVAV vs. BATT

Last updated Apr 1, 2026

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

EVAV and BATT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. BATT is an actively managed fund by Amplify. It was launched on Jun 6, 2018.

Performance

EVAV vs. BATT - Performance Comparison

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

EVAV vs. BATT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
EVAV Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares	0.00%	33.87%	-50.31%	-22.79%	-75.60%
BATT Amplify Lithium & Battery Technology ETF	7.90%	59.70%	-13.93%	-7.05%	-23.01%

Returns By Period

EVAV

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

BATT

• 1D: 4.20%
• 1M: -8.43%
• YTD: 7.90%
• 6M: 16.74%
• 1Y: 81.61%
• 3Y*: 7.85%
• 5Y*: 1.94%
• 10Y*: —

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

EVAV vs. BATT - Expense Ratio Comparison

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

EVAV

Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares

BATT

Amplify Lithium & Battery Technology ETF

Return for Risk

EVAV vs. BATT — 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: 95
BATT Omega Ratio Rank: 93
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.

EVAV vs. BATT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) and Amplify Lithium & Battery Technology ETF (BATT). 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.

Sharpe Ratios by Period

	EVAV	BATT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.54	—
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 EVAV and BATT 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

EVAV vs. BATT - Dividend Comparison

EVAV's dividend yield for the trailing twelve months is around 0.81%, less than BATT's 1.72% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
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%
BATT Amplify Lithium & Battery Technology ETF	1.72%	1.85%	3.17%	3.23%	4.14%	2.32%	0.21%	3.22%	0.89%

Drawdowns

Drawdown Indicators

	EVAV	BATT	Difference
Max Drawdown Largest peak-to-trough decline	—	-69.38%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-18.00%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-61.98%	—
Current Drawdown Current decline from peak	—	-16.31%	—
Average Drawdown Average peak-to-trough decline	—	-35.41%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.83%	—

Volatility

Volatility by Period

	EVAV	BATT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.03%	—
Volatility (6M) Calculated over the trailing 6-month period	—	25.15%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	32.37%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	29.25%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	30.55%	—