EVAV vs. BRKW

Last updated Jun 4, 2026

EVAV (Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares) and BRKW (Roundhill BRKB WeeklyPay ETF) are both exchange-traded funds - EVAV is a Leveraged Equities fund tracking the Indxx US Electric and Autonomous Vehicles Index - Benchmark TR Gross (200%), while BRKW is a Derivative Income fund actively managed by Roundhill. EVAV is passively managed, while BRKW is actively managed. At a 0.01 correlation, their price movements are largely independent. EVAV charges 0.98%/yr vs 0.99%/yr for BRKW.

Performance

EVAV vs. BRKW - 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 Roundhill BRKB WeeklyPay ETF (BRKW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EVAV

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

BRKW

• 1D: 0.91%
• 1M: 1.58%
• YTD: -7.76%
• 6M: -8.63%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EVAV vs. BRKW - Yearly Performance Comparison

	2026 (YTD)	2025
EVAV Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares	0.00%	49.05%
BRKW Roundhill BRKB WeeklyPay ETF	-7.76%	2.09%

Correlation

The correlation between EVAV and BRKW is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025	0.01

EVAV vs. BRKW - Sectors Allocation Comparison

Sectors	EVAV	BRKW
Consumer Cyclical	22.3%	-
Technology	2.7%	-
Industrials	2.6%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	7.4%
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

EVAV vs. BRKW - 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 Roundhill BRKB WeeklyPay ETF (BRKW). 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	BRKW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.36	—

Drawdowns

Drawdown Indicators

	EVAV	BRKW	Difference
Max Drawdown Largest peak-to-trough decline	—	-12.64%	—
Current Drawdown Current decline from peak	—	-10.70%	—
Average Drawdown Average peak-to-trough decline	—	-5.34%	—

Volatility

Volatility by Period

	EVAV	BRKW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	17.23%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	17.23%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	17.23%	—

EVAV vs. BRKW - Expense Ratio Comparison

EVAV has a 0.98% expense ratio, which is lower than BRKW's 0.99% expense ratio.

Dividends

EVAV vs. BRKW - Dividend Comparison

EVAV's dividend yield for the trailing twelve months is around 0.81%, less than BRKW's 25.19% yield.

Position	TTM	2025	2024	2023	2022
BRKW Roundhill BRKB WeeklyPay ETF	25.19%	14.45%	0.00%	0.00%	0.00%
EVAV Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares	0.81%	0.97%	2.52%	2.34%	0.51%

Frequently Asked Questions

Can I hold both EVAV and BRKW in my portfolio?

EVAV and BRKW have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EVAV or BRKW?

On fees, EVAV is cheaper at 0.98% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EVAV or BRKW?

EVAV is cheaper with a 0.98% expense ratio, compared with 0.99% for BRKW.

Which ETF pays a higher dividend yield, EVAV or BRKW?

BRKW has the higher dividend yield at 25.19%, compared with 0.81% for EVAV.

What is the main difference between EVAV and BRKW?

EVAV is categorized as Leveraged Equities, while BRKW is Derivative Income. They also come from different issuers: Direxion and Roundhill. Their fees differ too: 0.98% for EVAV and 0.99% for BRKW.