Direxion introduces Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares.
Auto Business News-August 12, 2022--Direxion introduces Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares
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Auto Business News - 12 August 2022
Direxion, a US-based company that provides tradeable and thematic ETFs, has launched its Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (Ticker: EVAV).
The Fund aims to achieve 200 percent of the daily performance of the Indxx US Electric and Autonomous Vehicles Index. It intends to offer exposure to 25 United States listed companies poised to disrupt the present transportation market by launching new and cleaner modes of transportation, such as electric and autonomous vehicles and includes companies beyond vehicle manufacturers.
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