AMZU vs. BTC-USD
Compare and contrast key facts about Direxion Daily AMZN Bull 2X Shares (AMZU) and Bitcoin (BTC-USD).
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 BTC-USD.
Correlation
The correlation between AMZU and BTC-USD is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AMZU vs. BTC-USD - Performance Comparison
Key characteristics
AMZU:
-0.44
BTC-USD:
1.20
AMZU:
-0.26
BTC-USD:
1.85
AMZU:
0.97
BTC-USD:
1.19
AMZU:
-0.55
BTC-USD:
0.90
AMZU:
-1.46
BTC-USD:
5.47
AMZU:
19.96%
BTC-USD:
11.10%
AMZU:
65.95%
BTC-USD:
42.59%
AMZU:
-55.59%
BTC-USD:
-93.07%
AMZU:
-52.54%
BTC-USD:
-20.44%
Returns By Period
In the year-to-date period, AMZU achieves a -43.03% return, which is significantly lower than BTC-USD's -9.61% return.
AMZU
-43.03%
-24.98%
-26.38%
-21.72%
N/A
N/A
BTC-USD
-9.61%
0.34%
23.53%
32.28%
65.16%
80.21%
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Risk-Adjusted Performance
AMZU vs. BTC-USD — Risk-Adjusted Performance Rank
AMZU
BTC-USD
AMZU vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AMZN Bull 2X Shares (AMZU) and Bitcoin (BTC-USD). 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.
Drawdowns
AMZU vs. BTC-USD - Drawdown Comparison
The maximum AMZU drawdown since its inception was -55.59%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for AMZU and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
AMZU vs. BTC-USD - Volatility Comparison
Direxion Daily AMZN Bull 2X Shares (AMZU) has a higher volatility of 36.70% compared to Bitcoin (BTC-USD) at 15.28%. This indicates that AMZU's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.