EVXX
Defiance Pure Electric Vehicle ETF
Distribution Yield *
Distribution Frequency
30-Day SEC Yield **
Why EVXX?
The electric vehicle (EV) market is growing. In 2022 14% of all new cars sold were electric, up from 9% in 2021 and less than 5% in 2020. There are more than 26 million electric cars worldwide as of 2022, 60% more than in 2021.1 EVs are a crucial part of the sustainable future but it’s not always clear which specific manufacturers will come out on top.
Objective
The Defiance Pure Electric Vehicle ETF (the “Fund”) seeks to provide investment results, before fees and expenses, that track the performance of a basket of common shares, which are equally-weighted on a quarterly basis, of the five largest (by market capitalization) electric vehicle manufacturers (the “Underlying Securities”) included in the Solactive Pure US Electric Vehicle Index (the “Pure EV Index”).
The Fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by providing investment exposure to the Underlying Securities through one or more swap agreements with counterparties that are major global financial institutions.
Index Description
The Solactive Pure US Electric Vehicle Index (the “Pure EV Index”) comprises an equally weighted basket of common shares of the five largest (by market capitalization) electric vehicle manufacturers.
Stocks must be listed on one of the NASDAQ or NYSE exchanges with a minimum average daily value traded of $1m for one and 6 months preceding the Index’s quarterly reconstitution and rebalancing. Companies must be classified as “Alternative Energy Car Manufacturers” under the FactSet Revere Business Industry Classification System, derive at least 50% of their annual revenue or operating activity from the development or manufacturing of electric vehicles, and have identified track records of high trading volume and liquidity.
Companies are ranked according to their free float market capitalization and the top 5 are included in the Index.
1 https://www.virta.global/en/global-electric-vehicle-market
Fund Data and Pricing
Fund Details
EVXXMarket Price
| YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | xx.xx% | -14.80% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | 36.71% |
| Market Price (%) | xx.xx% | -14.84% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | 36.82% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | xx.xx% | 38.20% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | 60.45% |
| Market Price (%) | xx.xx% | 37.79% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | 60.66% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | 16.10% |
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | 16.60% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
Index Holdings
| Name | Ticker | Weight | |
|---|---|---|---|
| TESLA INC | TSLA UW Equity | 24.40% | |
| LI AUTO INC | LI UW Equity | 20.91% | |
| XPENG INC – ADR | XPEV UN Equity | 20.47% | |
| RIVIAN AUTOMOTIVE INC | RIVN UW Equity | 20.15% | |
| NIO INC – ADR | NIO UN Equity | 14.07% |
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Top Holdings
| Name | Symbol | Stock price | % Net assets | Shares Held | Market Value |
|---|---|---|---|---|---|
| Solevxxt Trs 071624 | SOLEVXXT TRS 071624 | $1.00 | 96.75% | 4,100 | 4,912,743 |
| Tesla Inc | TSLA | $255.70 | 0.76% | 150 | 38,355 |
| Li Auto Inc | LI | $38.28 | 0.65% | 858 | 32,844 |
| Xpeng Inc | XPEV | $15.89 | 0.63% | 2,023 | 32,145 |
| Rivian Automotive Inc | RIVN | $21.53 | 0.62% | 1,470 | 31,649 |
| Nio Inc | NIO | $8.45 | 0.44% | 2,614 | 22,088 |
| Cash & Other | Cash&Other | $1.00 | 0.11% | 5,810 | 5,810 |
Distribution
| Ex-Date | Total Distribution | Short-Term Capital Gains | Long-Term Capital Gains |
|---|---|---|---|
| – | – |
EV Market Growth
2022 was a record year for EVs with 10.4 million units sold. And demand shows no sign of slowing.
Top 5 Pure EV Stocks
Defiance’s EV vehicle ETF lets you spread your exposure among the Pure EV companies with the largest market cap. This mitigates risk while targeting success.
Social Responsible Investing
Align your portfolio with your values. You know that EVs are an essential part of any sustainable future. Invest in a Sustainable Future.
