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:
-0.02
GOOG:
0.03
CHAU:
0.46
GOOG:
0.26
CHAU:
1.07
GOOG:
1.03
CHAU:
-0.02
GOOG:
0.03
CHAU:
-0.04
GOOG:
0.08
CHAU:
34.24%
GOOG:
11.79%
CHAU:
65.84%
GOOG:
31.16%
CHAU:
-79.21%
GOOG:
-44.60%
CHAU:
-75.33%
GOOG:
-22.17%
Returns By Period
In the year-to-date period, CHAU achieves a -9.68% return, which is significantly higher than GOOG's -15.12% return. Over the past 10 years, CHAU has underperformed GOOG with an annualized return of -9.50%, while GOOG has yielded a comparatively higher 20.09% annualized return.
CHAU
-9.68%
-17.02%
-20.97%
1.26%
-4.81%
-9.50%
GOOG
-15.12%
-3.67%
-2.71%
1.91%
20.85%
20.09%
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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 2.56%, more than GOOG's 0.50% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
CHAU Direxion Daily CSI 300 China A Share Bull 2x Shares | 2.56% | 2.24% | 3.97% | 0.77% | 1.73% | 0.09% | 0.57% | 0.82% |
GOOG Alphabet Inc. | 0.50% | 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
Direxion Daily CSI 300 China A Share Bull 2x Shares (CHAU) has a higher volatility of 21.09% compared to Alphabet Inc. (GOOG) at 14.56%. This indicates that CHAU's price experiences larger fluctuations and is considered to be riskier than GOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.