AAPX vs. UPRO
Compare and contrast key facts about T-Rex 2X Long Apple Daily Target ETF (AAPX) and ProShares UltraPro S&P 500 (UPRO).
AAPX and UPRO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AAPX is an actively managed fund by T-Rex. It was launched on Jan 10, 2024. UPRO is a passively managed fund by ProShares that tracks the performance of the S&P 500 Index (300%). It was launched on Jun 23, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAPX or UPRO.
Correlation
The correlation between AAPX and UPRO is 0.50, 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. UPRO - Performance Comparison
Key characteristics
AAPX:
0.36
UPRO:
1.91
AAPX:
0.82
UPRO:
2.33
AAPX:
1.10
UPRO:
1.32
AAPX:
0.52
UPRO:
2.80
AAPX:
1.15
UPRO:
11.09
AAPX:
14.41%
UPRO:
6.59%
AAPX:
46.09%
UPRO:
38.23%
AAPX:
-31.43%
UPRO:
-76.82%
AAPX:
-26.52%
UPRO:
-2.04%
Returns By Period
In the year-to-date period, AAPX achieves a -21.19% return, which is significantly lower than UPRO's 9.63% return.
AAPX
-21.19%
-24.07%
-2.45%
12.33%
N/A
N/A
UPRO
9.63%
4.48%
30.90%
70.66%
21.98%
25.07%
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AAPX vs. UPRO - Expense Ratio Comparison
AAPX has a 1.05% expense ratio, which is higher than UPRO's 0.92% expense ratio.
Risk-Adjusted Performance
AAPX vs. UPRO — Risk-Adjusted Performance Rank
AAPX
UPRO
AAPX vs. UPRO - 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 ProShares UltraPro S&P 500 (UPRO). 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. UPRO - Dividend Comparison
AAPX's dividend yield for the trailing twelve months is around 27.22%, more than UPRO's 0.84% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPX T-Rex 2X Long Apple Daily Target ETF | 27.22% | 21.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UPRO ProShares UltraPro S&P 500 | 0.84% | 0.93% | 0.74% | 0.52% | 0.06% | 0.11% | 0.41% | 0.63% | 0.00% | 0.12% | 0.34% | 0.22% |
Drawdowns
AAPX vs. UPRO - Drawdown Comparison
The maximum AAPX drawdown since its inception was -31.43%, smaller than the maximum UPRO drawdown of -76.82%. Use the drawdown chart below to compare losses from any high point for AAPX and UPRO. For additional features, visit the drawdowns tool.
Volatility
AAPX vs. UPRO - Volatility Comparison
T-Rex 2X Long Apple Daily Target ETF (AAPX) has a higher volatility of 15.24% compared to ProShares UltraPro S&P 500 (UPRO) at 12.18%. This indicates that AAPX's price experiences larger fluctuations and is considered to be riskier than UPRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.