AMZU vs. RKLB
Compare and contrast key facts about Direxion Daily AMZN Bull 2X Shares (AMZU) and Rocket Lab USA, Inc. (RKLB).
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 RKLB.
Correlation
The correlation between AMZU and RKLB is 0.35, 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. RKLB - Performance Comparison
Key characteristics
AMZU:
0.74
RKLB:
5.14
AMZU:
1.28
RKLB:
4.90
AMZU:
1.16
RKLB:
1.58
AMZU:
1.08
RKLB:
5.02
AMZU:
2.98
RKLB:
36.94
AMZU:
13.37%
RKLB:
11.28%
AMZU:
53.68%
RKLB:
81.20%
AMZU:
-55.59%
RKLB:
-82.96%
AMZU:
-15.98%
RKLB:
-19.99%
Returns By Period
In the year-to-date period, AMZU achieves a 0.86% return, which is significantly higher than RKLB's -0.82% return.
AMZU
0.86%
-7.99%
46.01%
40.99%
N/A
N/A
RKLB
-0.82%
-19.22%
269.30%
444.40%
N/A
N/A
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Risk-Adjusted Performance
AMZU vs. RKLB — Risk-Adjusted Performance Rank
AMZU
RKLB
AMZU vs. RKLB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AMZN Bull 2X Shares (AMZU) and Rocket Lab USA, Inc. (RKLB). 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. RKLB - Dividend Comparison
AMZU's dividend yield for the trailing twelve months is around 3.76%, while RKLB has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
AMZU Direxion Daily AMZN Bull 2X Shares | 3.76% | 3.79% | 3.38% | 0.50% |
RKLB Rocket Lab USA, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AMZU vs. RKLB - Drawdown Comparison
The maximum AMZU drawdown since its inception was -55.59%, smaller than the maximum RKLB drawdown of -82.96%. Use the drawdown chart below to compare losses from any high point for AMZU and RKLB. For additional features, visit the drawdowns tool.
Volatility
AMZU vs. RKLB - Volatility Comparison
The current volatility for Direxion Daily AMZN Bull 2X Shares (AMZU) is 14.05%, while Rocket Lab USA, Inc. (RKLB) has a volatility of 19.18%. This indicates that AMZU experiences smaller price fluctuations and is considered to be less risky than RKLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.