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

Correlation

The correlation between AAPU and QLD is 0.70, 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.


-0.50.00.51.00.7

Performance

AAPU vs. QLD - Performance Comparison

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

-20.00%-10.00%0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
39.88%
13.96%
AAPU
QLD

Key characteristics

Sharpe Ratio

AAPU:

1.42

QLD:

1.44

Sortino Ratio

AAPU:

2.07

QLD:

1.91

Omega Ratio

AAPU:

1.26

QLD:

1.26

Calmar Ratio

AAPU:

2.14

QLD:

1.97

Martin Ratio

AAPU:

5.41

QLD:

6.36

Ulcer Index

AAPU:

11.30%

QLD:

8.10%

Daily Std Dev

AAPU:

43.00%

QLD:

35.75%

Max Drawdown

AAPU:

-41.79%

QLD:

-83.13%

Current Drawdown

AAPU:

0.00%

QLD:

-7.32%

Returns By Period

In the year-to-date period, AAPU achieves a 64.32% return, which is significantly higher than QLD's 46.97% return.


AAPU

YTD

64.32%

1M

22.55%

6M

41.25%

1Y

61.49%

5Y*

N/A

10Y*

N/A

QLD

YTD

46.97%

1M

5.46%

6M

11.40%

1Y

48.10%

5Y*

30.20%

10Y*

29.38%

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. QLD - Expense Ratio Comparison

AAPU has a 1.04% expense ratio, which is higher than QLD's 0.95% expense ratio.


AAPU
Direxion Daily AAPL Bull 2X Shares
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%
Expense ratio chart for QLD: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

AAPU vs. QLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AAPL Bull 2X Shares (AAPU) and ProShares Ultra QQQ (QLD). 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 market0.002.004.001.421.44
The chart of Sortino ratio for AAPU, currently valued at 2.07, compared to the broader market-2.000.002.004.006.008.0010.002.071.91
The chart of Omega ratio for AAPU, currently valued at 1.26, compared to the broader market0.501.001.502.002.503.001.261.26
The chart of Calmar ratio for AAPU, currently valued at 2.14, compared to the broader market0.005.0010.0015.002.141.97
The chart of Martin ratio for AAPU, currently valued at 5.41, compared to the broader market0.0020.0040.0060.0080.00100.005.416.36
AAPU
QLD

The current AAPU Sharpe Ratio is 1.42, which is comparable to the QLD Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of AAPU and QLD, 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 Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.42
1.44
AAPU
QLD

Dividends

AAPU vs. QLD - Dividend Comparison

AAPU's dividend yield for the trailing twelve months is around 13.21%, more than QLD's 0.19% yield.


TTM20232022202120202019201820172016201520142013
AAPU
Direxion Daily AAPL Bull 2X Shares
13.21%2.32%0.79%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QLD
ProShares Ultra QQQ
0.19%0.33%0.31%0.00%0.00%0.13%0.06%0.02%0.90%0.11%0.19%0.13%

Drawdowns

AAPU vs. QLD - Drawdown Comparison

The maximum AAPU drawdown since its inception was -41.79%, smaller than the maximum QLD drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for AAPU and QLD. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember0
-7.32%
AAPU
QLD

Volatility

AAPU vs. QLD - Volatility Comparison

The current volatility for Direxion Daily AAPL Bull 2X Shares (AAPU) is 8.13%, while ProShares Ultra QQQ (QLD) has a volatility of 10.67%. This indicates that AAPU experiences smaller price fluctuations and is considered to be less risky than QLD based on this measure. 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%
10.67%
AAPU
QLD
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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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