AMZU vs. SCHG
Compare and contrast key facts about Direxion Daily AMZN Bull 2X Shares (AMZU) and Schwab U.S. Large-Cap Growth ETF (SCHG).
AMZU and SCHG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Total Return Index. It was launched on Dec 11, 2009. Both AMZU and SCHG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMZU or SCHG.
Key characteristics
| AMZU | SCHG | |
|---|---|---|
| YTD Return | 22.88% | 22.96% |
| 1Y Return | 28.21% | 33.53% |
| Sharpe Ratio | 0.56 | 1.97 |
| Daily Std Dev | 50.03% | 17.38% |
| Max Drawdown | -55.59% | -34.59% |
| Current Drawdown | -17.41% | -3.69% |
Correlation
The correlation between AMZU and SCHG is 0.76, 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. SCHG - Performance Comparison
The year-to-date returns for both investments are quite close, with AMZU having a 22.88% return and SCHG slightly higher at 22.96%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AMZU vs. SCHG - Expense Ratio Comparison
AMZU has a 1.06% expense ratio, which is higher than SCHG's 0.04% expense ratio.
Risk-Adjusted Performance
AMZU vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AMZN Bull 2X Shares (AMZU) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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. SCHG - Dividend Comparison
AMZU's dividend yield for the trailing twelve months is around 3.59%, more than SCHG's 0.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMZU Direxion Daily AMZN Bull 2X Shares | 3.59% | 3.37% | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.41% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.27% | 1.22% | 1.09% | 1.07% |
Drawdowns
AMZU vs. SCHG - Drawdown Comparison
The maximum AMZU drawdown since its inception was -55.59%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for AMZU and SCHG. For additional features, visit the drawdowns tool.
Volatility
AMZU vs. SCHG - Volatility Comparison
Direxion Daily AMZN Bull 2X Shares (AMZU) has a higher volatility of 18.67% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 5.98%. This indicates that AMZU's price experiences larger fluctuations and is considered to be riskier than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.