CHAU vs. GOOG
Compare and contrast key facts about Direxion Daily CSI 300 China A Share Bull 2x Shares (CHAU) and Alphabet Inc. (GOOG).
CHAU is a passively managed fund by Direxion that tracks the performance of the CSI 300 Index (200%). It was launched on Apr 16, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CHAU or GOOG.
Correlation
The correlation between CHAU and GOOG is 0.31, 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
CHAU vs. GOOG - Performance Comparison
Key characteristics
CHAU:
0.25
GOOG:
1.14
CHAU:
0.83
GOOG:
1.65
CHAU:
1.13
GOOG:
1.22
CHAU:
0.20
GOOG:
1.44
CHAU:
0.55
GOOG:
3.64
CHAU:
28.91%
GOOG:
8.83%
CHAU:
62.84%
GOOG:
28.28%
CHAU:
-79.21%
GOOG:
-44.60%
CHAU:
-71.71%
GOOG:
-10.14%
Returns By Period
In the year-to-date period, CHAU achieves a 3.57% return, which is significantly higher than GOOG's -2.00% return.
CHAU
3.57%
6.95%
22.54%
13.66%
-7.04%
N/A
GOOG
-2.00%
-6.51%
13.06%
30.22%
20.42%
21.66%
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Risk-Adjusted Performance
CHAU vs. GOOG — Risk-Adjusted Performance Rank
CHAU
GOOG
CHAU vs. GOOG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily CSI 300 China A Share Bull 2x Shares (CHAU) and Alphabet Inc. (GOOG). 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
CHAU vs. GOOG - Dividend Comparison
CHAU's dividend yield for the trailing twelve months is around 2.17%, more than GOOG's 0.32% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
CHAU Direxion Daily CSI 300 China A Share Bull 2x Shares | 2.17% | 2.24% | 3.97% | 0.77% | 1.73% | 0.09% | 0.57% | 0.82% |
GOOG Alphabet Inc. | 0.32% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CHAU vs. GOOG - Drawdown Comparison
The maximum CHAU drawdown since its inception was -79.21%, which is greater than GOOG's maximum drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for CHAU and GOOG. For additional features, visit the drawdowns tool.
Volatility
CHAU vs. GOOG - Volatility Comparison
The current volatility for Direxion Daily CSI 300 China A Share Bull 2x Shares (CHAU) is 9.41%, while Alphabet Inc. (GOOG) has a volatility of 10.42%. This indicates that CHAU experiences smaller price fluctuations and is considered to be less risky than GOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.