$EVXX

EVXX

$

Defiance Pure Electric Vehicle ETF

Name(Required)
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Distribution Rate *
-%
As of 02/25/2024
Distribution Frequency
Monthly
30-Day SEC Yield **
-%
As of 02/25/2024
rating

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. This fund will purchase financial instruments that track the stocks.

Companies 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

Net Assets $1.53M
Premium/discount 0.07%
NAV $16.15
Closing Price $16.17
Shares Outstanding 95,000
Median 30 Day Spread 0.29%
Data as of 02/23/2024

Fund Details

Fund inception 06/12/2023
Ticker EVXX
Primary Exchange NYSE
CUSIP 26922B626
Fund Holdings 7
NAV Symbol EVXX.NV
Expense Ratio 0.68%
30 Day SEC Yield* 2.46%
* Yield as of 01/31/2024

EVXXMarket Price

Performance

YTD 1 Month 3 Months 6 Months 1 Year 3 Years Since Inception
Total Return NAV (%) -33.36% -33.36% -19.78% -47.78% xx.xx% xx.xx% -16.21%
Market Price (%) -33.16% -33.16% -19.26% -47.80% xx.xx% xx.xx% -16.13%
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 NAV (%) xx.xx% 10.46% -4.34% 8.29% xx.xx% xx.xx% 25.73%
Market Price (%) xx.xx% 10.38% -4.57% 7.62% xx.xx% xx.xx% 25.49%
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 NAV (%) xx.xx% 8.97% -16.74% xx.xx% xx.xx% xx.xx% 13.83%
Market Price (%) xx.xx% 9.45% -16.90% xx.xx% xx.xx% xx.xx% 13.69%
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 NAV (%) xx.xx% -20.53% -34.90% xx.xx% xx.xx% xx.xx% 4.45%
Market Price (%) xx.xx% -21.01% -35.35% xx.xx% xx.xx% xx.xx% 3.88%
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 NAV (%) xx.xx% -3.86% 13.21% xx.xx% xx.xx% xx.xx% 31.44%
Market Price (%) xx.xx% -3.89% 12.78% xx.xx% xx.xx% xx.xx% 31.50%
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 NAV (%) 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 NAV (%) 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 NAV (%) 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%
2023
Total Return NAV(%) xx.xx%
Market Price (%) xx.xx%
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling 833.333.9383. Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Market price is the price at which shares in the ETF can be brought or sold on the exchanges during trading hours, while the net asset value (NAV) represents the value of each share’s portion of the fund’s underlying assets and cash at the end of the trading day.

Index Holdings

Name Ticker Weight
LI AUTO INC LI UW Equity 22.92%
XPENG INC – ADR XPEV UN Equity 21.49%
TESLA INC TSLA UW Equity 20.86%
NIO INC – ADR NIO UN Equity 19.78%
RIVIAN AUTOMOTIVE INC RIVN UW Equity 14.96%
Data as of 02/26/2024. Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
Name Symbol Stock price % Net assets Shares Held Market Value
Solevxxt Trs 071624 SOLEVXXT TRS 071624 $799.86 99.03% 1,900 $1,519,734
Li Auto Inc LI $34.80 0.23% 101 $3,515
Tesla Inc TSLA $191.97 0.20% 16 $3,072
Xpeng Inc XPEV $8.63 0.20% 362 $3,124
Nio Inc NIO $5.40 0.18% 519 $2,803
Rivian Automotive Inc RIVN $10.07 0.13% 201 $2,024
Cash & Other Cash&Other $1.00 0.00% -18 $-18
Data as of 02/26/2024. Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
View full holdings

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 Automakers Exposure

Defiance’s EV vehicle ETF lets you spread your exposure among the Pure EV companies with the largest market cap. The intention is to mitigate the risk of concentrating one EV manufacturer 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.