AAPU vs. NVDA
Compare and contrast key facts about Direxion Daily AAPL Bull 2X Shares (AAPU) and NVIDIA Corporation (NVDA).
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 NVDA.
Key characteristics
| AAPU | NVDA | |
|---|---|---|
| YTD Return | 29.69% | 140.55% |
| 1Y Return | 45.99% | 161.37% |
| Sharpe Ratio | 1.20 | 3.13 |
| Daily Std Dev | 40.01% | 51.78% |
| Max Drawdown | -41.79% | -89.73% |
| Current Drawdown | -12.29% | -12.15% |
Correlation
The correlation between AAPU and NVDA is 0.49, 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. NVDA - Performance Comparison
In the year-to-date period, AAPU achieves a 29.69% return, which is significantly lower than NVDA's 140.55% 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. NVDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AAPL Bull 2X Shares (AAPU) and NVIDIA Corporation (NVDA). 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. NVDA - Dividend Comparison
AAPU's dividend yield for the trailing twelve months is around 1.99%, more than NVDA's 0.02% 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% |
NVDA NVIDIA Corporation | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.30% | 0.46% | 1.19% | 1.68% | 1.95% |
Drawdowns
AAPU vs. NVDA - Drawdown Comparison
The maximum AAPU drawdown since its inception was -41.79%, smaller than the maximum NVDA drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for AAPU and NVDA. For additional features, visit the drawdowns tool.
Volatility
AAPU vs. NVDA - Volatility Comparison
The current volatility for Direxion Daily AAPL Bull 2X Shares (AAPU) is 8.71%, while NVIDIA Corporation (NVDA) has a volatility of 18.71%. This indicates that AAPU experiences smaller price fluctuations and is considered to be less risky than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.