BPH vs. AAPU

Last updated Jun 4, 2026

BPH (BP p.l.c. ADRhedged ETF) and AAPU (Direxion Daily AAPL Bull 2X Shares) are both exchange-traded funds - BPH is a Oil & Gas fund actively managed by Precidian, while AAPU is a Leveraged Equities fund tracking the Apple Inc. (150%). BPH is actively managed, while AAPU is passively managed. At a correlation of -0.66, they often move in opposite directions. BPH charges 0.19%/yr vs 1.04%/yr for AAPU.

Performance

BPH vs. AAPU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BP p.l.c. ADRhedged ETF (BPH) and Direxion Daily AAPL Bull 2X Shares (AAPU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BPH

• 1D: 1.20%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AAPU

• 1D: -3.04%
• 1M: 24.81%
• YTD: 23.16%
• 6M: 11.93%
• 1Y: 104.11%
• 3Y*: 25.97%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BPH vs. AAPU - Yearly Performance Comparison

	2026 (YTD)
BPH BP p.l.c. ADRhedged ETF	2.83%
AAPU Direxion Daily AAPL Bull 2X Shares	1.08%

Correlation

The correlation between BPH and AAPU is -0.66, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	-0.66

BPH vs. AAPU - Sectors Allocation Comparison

Sectors	BPH	AAPU
Energy	100.0%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	100.0%
Utilities	-	-

Return for Risk

BPH vs. AAPU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAPU

AAPU Risk / Return Rank: 63
AAPU Sharpe Ratio Rank: 70
AAPU Sortino Ratio Rank: 63
AAPU Omega Ratio Rank: 61
AAPU Calmar Ratio Rank: 71
AAPU Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BPH vs. AAPU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BP p.l.c. ADRhedged ETF (BPH) and Direxion Daily AAPL Bull 2X Shares (AAPU). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BPH	AAPU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	9.48	0.46	+9.02

Drawdowns

BPH vs. AAPU - Drawdown Comparison

The maximum BPH drawdown since its inception was -2.35%, smaller than the maximum AAPU drawdown of -58.61%. Use the drawdown chart below to compare losses from any high point for BPH and AAPU.

Drawdown Indicators

	BPH	AAPU	Difference
Max Drawdown Largest peak-to-trough decline	-2.35%	-58.61%	+56.26%
Max Drawdown (1Y) Largest decline over 1 year	—	-28.90%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-58.61%	—
Current Drawdown Current decline from peak	0.00%	-3.04%	+3.04%
Average Drawdown Average peak-to-trough decline	-1.08%	-17.69%	+16.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	11.98%	—

Volatility

Volatility by Period

	BPH	AAPU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.71%	—
Volatility (6M) Calculated over the trailing 6-month period	—	31.79%	—
Volatility (1Y) Calculated over the trailing 1-year period	25.75%	44.66%	-18.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.75%	48.93%	-23.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.75%	48.93%	-23.18%

BPH vs. AAPU - Expense Ratio Comparison

BPH has a 0.19% expense ratio, which is lower than AAPU's 1.04% expense ratio.

Dividends

BPH vs. AAPU - Dividend Comparison

BPH has not paid dividends to shareholders, while AAPU's dividend yield for the trailing twelve months is around 6.90%.

Position	TTM	2025	2024	2023	2022
AAPU Direxion Daily AAPL Bull 2X Shares	6.90%	8.66%	14.58%	2.32%	0.79%
BPH BP p.l.c. ADRhedged ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BPH and AAPU in my portfolio?

BPH and AAPU have a correlation of -0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BPH or AAPU?

On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BPH or AAPU?

BPH is cheaper with a 0.19% expense ratio, compared with 1.04% for AAPU.

Which ETF pays a higher dividend yield, BPH or AAPU?

AAPU has the higher dividend yield at 6.90%, compared with 0.00% for BPH.

What is the main difference between BPH and AAPU?

BPH is categorized as Oil & Gas, while AAPU is Leveraged Equities. They also come from different issuers: Precidian and Direxion. Their fees differ too: 0.19% for BPH and 1.04% for AAPU.