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 0.56, 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
AAPX vs. AAPL - Performance Comparison
Key characteristics
AAPX:
0.43
AAPL:
0.80
AAPX:
1.03
AAPL:
1.30
AAPX:
1.15
AAPL:
1.19
AAPX:
0.47
AAPL:
0.78
AAPX:
1.53
AAPL:
2.94
AAPX:
18.17%
AAPL:
8.85%
AAPX:
65.00%
AAPL:
32.69%
AAPX:
-58.55%
AAPL:
-81.80%
AAPX:
-41.45%
AAPL:
-19.11%
Returns By Period
In the year-to-date period, AAPX achieves a -37.21% return, which is significantly lower than AAPL's -16.34% return.
AAPX
-37.21%
-16.03%
-27.59%
23.35%
N/A
N/A
AAPL
-16.34%
-5.53%
-9.36%
23.77%
25.03%
21.84%
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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 34.17%, more than AAPL's 0.48% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPX T-Rex 2X Long Apple Daily Target ETF | 34.17% | 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 | 0.48% | 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 -58.55%, 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 44.39% compared to Apple Inc (AAPL) at 22.62%. 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.