EVAV provides daily 2x exposure to an index of companies in the autonomous electric vehicles industry. The fund will comprise those that derive at least 50% of their revenue from engagements in specified sub-themes, identified through a research-based approach, such as manufacturers, enablers, and software and technology developers. Besides liquidity and tradability requirements, eligible securities must be listed on a US exchange, and have a market-cap of at least 500 million USD. The largest 25 pure-play companies will comprise the index, with quasi-play firms completing the roster if few pure-plays qualify. Selected constituents will then be assigned a weighting in accordance with their 6-month average daily value traded, with individual capping at 8%. The index is rebalanced quarterly and reconstituted annually. As a leveraged product with 2x factor that resets daily, EVAV is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.
公司网站 :
https://www.direxion.com/product/daily-electric-autonomous-vehicles-bull-2x-etf
总经理:-
建立时间:2022
公司总部:Direxion Shares ETF Trust Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares
领域:Miscellaneous
行业:Investment trusts/Mutual funds