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.
Correlation
The correlation between AAPU and NVDA is 0.45, 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
Key characteristics
AAPU:
1.04
NVDA:
2.66
AAPU:
1.66
NVDA:
3.09
AAPU:
1.21
NVDA:
1.38
AAPU:
1.59
NVDA:
5.19
AAPU:
3.98
NVDA:
15.75
AAPU:
11.37%
NVDA:
8.92%
AAPU:
43.53%
NVDA:
52.97%
AAPU:
-41.80%
NVDA:
-89.73%
AAPU:
-19.59%
NVDA:
-11.82%
Returns By Period
In the year-to-date period, AAPU achieves a -13.63% return, which is significantly lower than NVDA's -1.88% return.
AAPU
-13.63%
-12.63%
-7.44%
44.94%
N/A
N/A
NVDA
-1.88%
-1.85%
4.29%
140.88%
84.74%
75.64%
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Risk-Adjusted Performance
AAPU vs. NVDA — Risk-Adjusted Performance Rank
AAPU
NVDA
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 16.88%, more than NVDA's 0.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPU Direxion Daily AAPL Bull 2X Shares | 16.88% | 14.58% | 2.32% | 0.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVDA NVIDIA Corporation | 0.02% | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% |
Drawdowns
AAPU vs. NVDA - Drawdown Comparison
The maximum AAPU drawdown since its inception was -41.80%, 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
Direxion Daily AAPL Bull 2X Shares (AAPU) and NVIDIA Corporation (NVDA) have volatilities of 11.64% and 12.15%, 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.