AAPU vs. AAPB
Compare and contrast key facts about Direxion Daily AAPL Bull 2X Shares (AAPU) and GraniteShares 2x Long AAPL Daily ETF (AAPB).
AAPU and AAPB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AAPU is a passively managed fund by Direxion that tracks the performance of the Apple Inc. (150%). It was launched on Aug 8, 2022. AAPB is an actively managed fund by GraniteShares. 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: AAPU or AAPB.
Correlation
The correlation between AAPU and AAPB is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AAPU vs. AAPB - Performance Comparison
Key characteristics
AAPU:
0.45
AAPB:
0.48
AAPU:
1.06
AAPB:
1.09
AAPU:
1.15
AAPB:
1.15
AAPU:
0.50
AAPB:
0.54
AAPU:
1.64
AAPB:
1.78
AAPU:
17.87%
AAPB:
17.63%
AAPU:
64.78%
AAPB:
65.02%
AAPU:
-58.61%
AAPB:
-58.13%
AAPU:
-41.74%
AAPB:
-41.10%
Returns By Period
The year-to-date returns for both investments are quite close, with AAPU having a -37.42% return and AAPB slightly higher at -36.81%.
AAPU
-37.42%
-18.33%
-27.62%
24.61%
N/A
N/A
AAPB
-36.81%
-18.05%
-26.82%
26.57%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AAPU vs. AAPB - Expense Ratio Comparison
AAPU has a 1.04% expense ratio, which is lower than AAPB's 1.15% expense ratio.
Risk-Adjusted Performance
AAPU vs. AAPB — Risk-Adjusted Performance Rank
AAPU
AAPB
AAPU vs. AAPB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AAPL Bull 2X Shares (AAPU) and GraniteShares 2x Long AAPL Daily ETF (AAPB). 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
AAPU vs. AAPB - Dividend Comparison
AAPU's dividend yield for the trailing twelve months is around 24.19%, while AAPB has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
AAPU Direxion Daily AAPL Bull 2X Shares | 24.19% | 14.58% | 2.32% | 0.79% |
AAPB GraniteShares 2x Long AAPL Daily ETF | 0.00% | 0.00% | 18.75% | 0.00% |
Drawdowns
AAPU vs. AAPB - Drawdown Comparison
The maximum AAPU drawdown since its inception was -58.61%, roughly equal to the maximum AAPB drawdown of -58.13%. Use the drawdown chart below to compare losses from any high point for AAPU and AAPB. For additional features, visit the drawdowns tool.
Volatility
AAPU vs. AAPB - Volatility Comparison
Direxion Daily AAPL Bull 2X Shares (AAPU) and GraniteShares 2x Long AAPL Daily ETF (AAPB) have volatilities of 44.13% and 44.31%, 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.