AAPX vs. AAPL
Compare and contrast key facts about T-Rex 2X Long Apple Daily Target ETF (AAPX) and Apple Inc (AAPL).
AAPX is an actively managed fund by T-Rex. It was launched on Jan 10, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAPX or AAPL.
Correlation
The correlation between AAPX and AAPL 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.
Performance
AAPX vs. AAPL - Performance Comparison
Key characteristics
AAPX:
0.94
AAPL:
1.31
AAPX:
1.49
AAPL:
1.87
AAPX:
1.19
AAPL:
1.24
AAPX:
1.26
AAPL:
1.70
AAPX:
3.38
AAPL:
5.00
AAPX:
13.79%
AAPL:
6.46%
AAPX:
49.36%
AAPL:
24.59%
AAPX:
-37.06%
AAPL:
-81.80%
AAPX:
-29.32%
AAPL:
-13.47%
Returns By Period
In the year-to-date period, AAPX achieves a -24.19% return, which is significantly lower than AAPL's -10.50% return.
AAPX
-24.19%
-13.59%
-10.03%
48.68%
N/A
N/A
AAPL
-10.50%
-5.94%
-1.06%
33.23%
30.89%
23.16%
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Risk-Adjusted Performance
AAPX vs. AAPL — Risk-Adjusted Performance Rank
AAPX
AAPL
AAPX vs. AAPL - 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 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
AAPX vs. AAPL - Dividend Comparison
AAPX's dividend yield for the trailing twelve months is around 28.30%, more than AAPL's 0.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPX T-Rex 2X Long Apple Daily Target ETF | 28.30% | 21.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AAPL Apple Inc | 0.45% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% |
Drawdowns
AAPX vs. AAPL - Drawdown Comparison
The maximum AAPX drawdown since its inception was -37.06%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for AAPX and AAPL. For additional features, visit the drawdowns tool.
Volatility
AAPX vs. AAPL - Volatility Comparison
T-Rex 2X Long Apple Daily Target ETF (AAPX) has a higher volatility of 17.97% compared to Apple Inc (AAPL) at 8.88%. This indicates that AAPX'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.