AAPD vs. MSFT
Compare and contrast key facts about Direxion Daily AAPL Bear 1X Shares (AAPD) and Microsoft Corporation (MSFT).
AAPD is a passively managed fund by Direxion that tracks the performance of the Apple Inc. (-100%). It was launched on Aug 8, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAPD or MSFT.
Correlation
The correlation between AAPD and MSFT is -0.60. 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. MSFT - Performance Comparison
Key characteristics
AAPD:
-0.82
MSFT:
0.49
AAPD:
-1.06
MSFT:
0.76
AAPD:
0.87
MSFT:
1.10
AAPD:
-0.38
MSFT:
0.63
AAPD:
-0.86
MSFT:
1.40
AAPD:
21.60%
MSFT:
7.02%
AAPD:
22.71%
MSFT:
19.95%
AAPD:
-49.10%
MSFT:
-69.39%
AAPD:
-43.69%
MSFT:
-10.43%
Returns By Period
In the year-to-date period, AAPD achieves a 7.01% return, which is significantly higher than MSFT's -1.02% return.
AAPD
7.01%
6.07%
1.58%
-18.91%
N/A
N/A
MSFT
-1.02%
-6.73%
-7.75%
8.20%
21.83%
26.61%
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Risk-Adjusted Performance
AAPD vs. MSFT — Risk-Adjusted Performance Rank
AAPD
MSFT
AAPD vs. MSFT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AAPL Bear 1X Shares (AAPD) and Microsoft Corporation (MSFT). 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. MSFT - Dividend Comparison
AAPD's dividend yield for the trailing twelve months is around 4.26%, more than MSFT's 0.74% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPD Direxion Daily AAPL Bear 1X Shares | 4.26% | 4.56% | 4.37% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSFT Microsoft Corporation | 0.74% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% | 2.48% |
Drawdowns
AAPD vs. MSFT - Drawdown Comparison
The maximum AAPD drawdown since its inception was -49.10%, smaller than the maximum MSFT drawdown of -69.39%. Use the drawdown chart below to compare losses from any high point for AAPD and MSFT. For additional features, visit the drawdowns tool.
Volatility
AAPD vs. MSFT - Volatility Comparison
Direxion Daily AAPL Bear 1X Shares (AAPD) and Microsoft Corporation (MSFT) have volatilities of 5.72% and 5.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.