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:
45.45%
AAPL:
22.57%
AAPX:
-31.43%
AAPL:
-81.80%
AAPX:
0.00%
AAPL:
0.00%
Returns By Period
AAPX
N/A
22.70%
39.76%
N/A
N/A
N/A
AAPL
32.83%
11.13%
22.93%
31.36%
30.37%
26.14%
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Risk-Adjusted Performance
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.
Not enough dataDividends
AAPX vs. AAPL - Dividend Comparison
AAPX has not paid dividends to shareholders, while AAPL's dividend yield for the trailing twelve months is around 0.39%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPX T-Rex 2X Long Apple Daily Target ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AAPL Apple Inc | 0.39% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% | 2.10% |
Drawdowns
AAPX vs. AAPL - Drawdown Comparison
The maximum AAPX drawdown since its inception was -31.43%, 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 8.34% compared to Apple Inc (AAPL) at 4.04%. 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.