AAPD vs. AAPU
Compare and contrast key facts about Direxion Daily AAPL Bear 1X Shares (AAPD) and Direxion Daily AAPL Bull 2X Shares (AAPU).
AAPD and AAPU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AAPD is a passively managed fund by Direxion that tracks the performance of the Apple Inc. (-100%). It was launched on Aug 8, 2022. AAPU is a passively managed fund by Direxion that tracks the performance of the Apple Inc. (150%). It was launched on Aug 8, 2022. Both AAPD and AAPU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAPD or AAPU.
Correlation
The correlation between AAPD and AAPU is -0.68. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
AAPD vs. AAPU - Performance Comparison
Key characteristics
AAPD:
-0.71
AAPU:
0.45
AAPD:
-0.87
AAPU:
1.06
AAPD:
0.88
AAPU:
1.15
AAPD:
-0.47
AAPU:
0.50
AAPD:
-0.94
AAPU:
1.64
AAPD:
24.61%
AAPU:
17.87%
AAPD:
32.68%
AAPU:
64.78%
AAPD:
-49.10%
AAPU:
-58.61%
AAPD:
-39.66%
AAPU:
-41.74%
Returns By Period
In the year-to-date period, AAPD achieves a 14.67% return, which is significantly higher than AAPU's -37.42% return.
AAPD
14.67%
2.66%
6.23%
-21.71%
N/A
N/A
AAPU
-37.42%
-18.33%
-27.62%
24.61%
N/A
N/A
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AAPD vs. AAPU - Expense Ratio Comparison
AAPD has a 1.06% expense ratio, which is higher than AAPU's 1.04% expense ratio.
Risk-Adjusted Performance
AAPD vs. AAPU — Risk-Adjusted Performance Rank
AAPD
AAPU
AAPD vs. AAPU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AAPL Bear 1X Shares (AAPD) and Direxion Daily AAPL Bull 2X Shares (AAPU). 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.
Dividends
AAPD vs. AAPU - Dividend Comparison
AAPD's dividend yield for the trailing twelve months is around 3.67%, less than AAPU's 24.19% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
AAPD Direxion Daily AAPL Bear 1X Shares | 3.67% | 4.56% | 4.37% | 0.53% |
AAPU Direxion Daily AAPL Bull 2X Shares | 24.19% | 14.58% | 2.32% | 0.79% |
Drawdowns
AAPD vs. AAPU - Drawdown Comparison
The maximum AAPD drawdown since its inception was -49.10%, smaller than the maximum AAPU drawdown of -58.61%. Use the drawdown chart below to compare losses from any high point for AAPD and AAPU. For additional features, visit the drawdowns tool.
Volatility
AAPD vs. AAPU - Volatility Comparison
The current volatility for Direxion Daily AAPL Bear 1X Shares (AAPD) is 23.57%, while Direxion Daily AAPL Bull 2X Shares (AAPU) has a volatility of 44.13%. This indicates that AAPD experiences smaller price fluctuations and is considered to be less risky than AAPU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.