AAPU vs. AAPL
Compare and contrast key facts about Direxion Daily AAPL Bull 2X Shares (AAPU) and Apple Inc (AAPL).
AAPU is a passively managed fund by Direxion that tracks the performance of the Apple Inc. (150%). 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 AAPL.
Key characteristics
| AAPU | AAPL | |
|---|---|---|
| YTD Return | 29.69% | 16.00% |
| 1Y Return | 45.99% | 27.26% |
| Sharpe Ratio | 1.20 | 1.29 |
| Daily Std Dev | 40.01% | 21.96% |
| Max Drawdown | -41.79% | -81.80% |
| Current Drawdown | -12.29% | -5.14% |
Correlation
The correlation between AAPU and AAPL 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.
Performance
AAPU vs. AAPL - Performance Comparison
In the year-to-date period, AAPU achieves a 29.69% return, which is significantly higher than AAPL's 16.00% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
AAPU vs. AAPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AAPL Bull 2X Shares (AAPU) and Apple Inc (AAPL). 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. AAPL - Dividend Comparison
AAPU's dividend yield for the trailing twelve months is around 1.99%, more than AAPL's 0.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPU Direxion Daily AAPL Bull 2X Shares | 1.99% | 2.32% | 0.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AAPL Apple Inc | 0.44% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% | 2.10% |
Drawdowns
AAPU vs. AAPL - Drawdown Comparison
The maximum AAPU drawdown since its inception was -41.79%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for AAPU and AAPL. For additional features, visit the drawdowns tool.
Volatility
AAPU vs. AAPL - Volatility Comparison
Direxion Daily AAPL Bull 2X Shares (AAPU) has a higher volatility of 8.71% compared to Apple Inc (AAPL) at 4.30%. This indicates that AAPU's price experiences larger fluctuations and is considered to be riskier than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.