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AAPU vs. AAPB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AAPU and AAPB is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.01.0

Performance

AAPU vs. AAPB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily AAPL Bull 2X Shares (AAPU) and GraniteShares 2x Long AAPL Daily ETF (AAPB). The values are adjusted to include any dividend payments, if applicable.

20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
86.17%
66.23%
AAPU
AAPB

Key characteristics

Sharpe Ratio

AAPU:

1.42

AAPB:

1.09

Sortino Ratio

AAPU:

2.07

AAPB:

1.69

Omega Ratio

AAPU:

1.26

AAPB:

1.21

Calmar Ratio

AAPU:

2.14

AAPB:

1.36

Martin Ratio

AAPU:

5.41

AAPB:

3.50

Ulcer Index

AAPU:

11.30%

AAPB:

13.90%

Daily Std Dev

AAPU:

43.00%

AAPB:

44.81%

Max Drawdown

AAPU:

-41.79%

AAPB:

-47.65%

Current Drawdown

AAPU:

0.00%

AAPB:

0.00%

Returns By Period

In the year-to-date period, AAPU achieves a 64.32% return, which is significantly higher than AAPB's 52.37% return.


AAPU

YTD

64.32%

1M

22.55%

6M

41.25%

1Y

61.49%

5Y*

N/A

10Y*

N/A

AAPB

YTD

52.37%

1M

22.59%

6M

42.39%

1Y

48.96%

5Y*

N/A

10Y*

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.


AAPB
GraniteShares 2x Long AAPL Daily ETF
Expense ratio chart for AAPB: current value at 1.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.15%
Expense ratio chart for AAPU: current value at 1.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.04%

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for AAPU, currently valued at 1.42, compared to the broader market0.002.004.001.421.09
The chart of Sortino ratio for AAPU, currently valued at 2.07, compared to the broader market-2.000.002.004.006.008.0010.002.071.69
The chart of Omega ratio for AAPU, currently valued at 1.26, compared to the broader market0.501.001.502.002.503.001.261.21
The chart of Calmar ratio for AAPU, currently valued at 2.14, compared to the broader market0.005.0010.0015.002.141.36
The chart of Martin ratio for AAPU, currently valued at 5.41, compared to the broader market0.0020.0040.0060.0080.00100.005.413.50
AAPU
AAPB

The current AAPU Sharpe Ratio is 1.42, which is higher than the AAPB Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of AAPU and AAPB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
1.42
1.09
AAPU
AAPB

Dividends

AAPU vs. AAPB - Dividend Comparison

AAPU's dividend yield for the trailing twelve months is around 13.21%, more than AAPB's 12.30% yield.


TTM20232022
AAPU
Direxion Daily AAPL Bull 2X Shares
13.21%2.32%0.79%
AAPB
GraniteShares 2x Long AAPL Daily ETF
12.30%18.75%0.00%

Drawdowns

AAPU vs. AAPB - Drawdown Comparison

The maximum AAPU drawdown since its inception was -41.79%, smaller than the maximum AAPB drawdown of -47.65%. Use the drawdown chart below to compare losses from any high point for AAPU and AAPB. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember00
AAPU
AAPB

Volatility

AAPU vs. AAPB - Volatility Comparison

Direxion Daily AAPL Bull 2X Shares (AAPU) and GraniteShares 2x Long AAPL Daily ETF (AAPB) have volatilities of 8.13% and 8.34%, 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.


6.00%8.00%10.00%12.00%14.00%16.00%18.00%JulyAugustSeptemberOctoberNovemberDecember
8.13%
8.34%
AAPU
AAPB
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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