AMZU vs. AMZN
Compare and contrast key facts about Direxion Daily AMZN Bull 2X Shares (AMZU) and Amazon.com, Inc. (AMZN).
AMZU is a passively managed fund by Direxion that tracks the performance of the Amazon.com, Inc. (150%). It was launched on Sep 6, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMZU or AMZN.
Key characteristics
| AMZU | AMZN | |
|---|---|---|
| YTD Return | 22.88% | 22.74% |
| 1Y Return | 28.21% | 28.86% |
| Sharpe Ratio | 0.56 | 1.00 |
| Daily Std Dev | 50.03% | 28.78% |
| Max Drawdown | -55.59% | -94.40% |
| Current Drawdown | -17.41% | -6.75% |
Correlation
The correlation between AMZU and AMZN is 1.00, 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
AMZU vs. AMZN - Performance Comparison
The year-to-date returns for both stocks are quite close, with AMZU having a 22.88% return and AMZN slightly lower at 22.74%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
AMZU vs. AMZN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AMZN Bull 2X Shares (AMZU) and Amazon.com, Inc. (AMZN). 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
AMZU vs. AMZN - Dividend Comparison
AMZU's dividend yield for the trailing twelve months is around 3.59%, while AMZN has not paid dividends to shareholders.
| TTM | 2023 | 2022 | |
|---|---|---|---|
AMZU Direxion Daily AMZN Bull 2X Shares | 3.59% | 3.37% | 0.50% |
AMZN Amazon.com, Inc. | 0.00% | 0.00% | 0.00% |
Drawdowns
AMZU vs. AMZN - Drawdown Comparison
The maximum AMZU drawdown since its inception was -55.59%, smaller than the maximum AMZN drawdown of -94.40%. Use the drawdown chart below to compare losses from any high point for AMZU and AMZN. For additional features, visit the drawdowns tool.
Volatility
AMZU vs. AMZN - Volatility Comparison
Direxion Daily AMZN Bull 2X Shares (AMZU) has a higher volatility of 18.67% compared to Amazon.com, Inc. (AMZN) at 9.41%. This indicates that AMZU's price experiences larger fluctuations and is considered to be riskier than AMZN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.