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

Correlation

The correlation between AAPX and AAPB is 0.99, 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

AAPX vs. AAPB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long Apple Daily Target ETF (AAPX) and GraniteShares 2x Long AAPL Daily ETF (AAPB). The values are adjusted to include any dividend payments, if applicable.

10.00%20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
61.74%
63.55%
AAPX
AAPB

Key characteristics

Daily Std Dev

AAPX:

45.45%

AAPB:

44.81%

Max Drawdown

AAPX:

-31.43%

AAPB:

-47.65%

Current Drawdown

AAPX:

0.00%

AAPB:

0.00%

Returns By Period


AAPX

YTD

N/A

1M

22.70%

6M

39.76%

1Y

N/A

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.


AAPX vs. AAPB - Expense Ratio Comparison

AAPX has a 1.05% 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 AAPX: current value at 1.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.05%

Risk-Adjusted Performance

AAPX vs. AAPB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Apple Daily Target ETF (AAPX) 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
No data
AAPX
AAPB


Chart placeholderNot enough data

Dividends

AAPX vs. AAPB - Dividend Comparison

AAPX has not paid dividends to shareholders, while AAPB's dividend yield for the trailing twelve months is around 12.30%.


TTM2023
AAPX
T-Rex 2X Long Apple Daily Target ETF
0.00%0.00%
AAPB
GraniteShares 2x Long AAPL Daily ETF
12.30%18.75%

Drawdowns

AAPX vs. AAPB - Drawdown Comparison

The maximum AAPX drawdown since its inception was -31.43%, smaller than the maximum AAPB drawdown of -47.65%. Use the drawdown chart below to compare losses from any high point for AAPX and AAPB. For additional features, visit the drawdowns tool.


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

Volatility

AAPX vs. AAPB - Volatility Comparison

T-Rex 2X Long Apple Daily Target ETF (AAPX) and GraniteShares 2x Long AAPL Daily ETF (AAPB) have volatilities of 8.34% 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
8.34%
8.34%
AAPX
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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