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.
Key characteristics
| AAPD | MSFT | |
|---|---|---|
| YTD Return | -12.25% | 15.13% |
| 1Y Return | -18.63% | 28.08% |
| Sharpe Ratio | -0.88 | 1.46 |
| Daily Std Dev | 22.05% | 19.99% |
| Max Drawdown | -44.63% | -69.41% |
| Current Drawdown | -41.22% | -7.74% |
Correlation
The correlation between AAPD and MSFT is -0.61. 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
In the year-to-date period, AAPD achieves a -12.25% return, which is significantly lower than MSFT's 15.13% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
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 4.86%, more than MSFT's 0.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPD Direxion Daily AAPL Bear 1X Shares | 4.86% | 4.37% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSFT Microsoft Corporation | 0.70% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% | 2.48% | 2.59% |
Drawdowns
AAPD vs. MSFT - Drawdown Comparison
The maximum AAPD drawdown since its inception was -44.63%, smaller than the maximum MSFT drawdown of -69.41%. 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
The current volatility for Direxion Daily AAPL Bear 1X Shares (AAPD) is 4.39%, while Microsoft Corporation (MSFT) has a volatility of 5.30%. This indicates that AAPD experiences smaller price fluctuations and is considered to be less risky than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.