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 0.32, 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:
0.32
GOOG:
1.40
CHAU:
0.92
GOOG:
1.93
CHAU:
1.14
GOOG:
1.26
CHAU:
0.25
GOOG:
1.74
CHAU:
0.91
GOOG:
4.26
CHAU:
22.03%
GOOG:
9.07%
CHAU:
63.41%
GOOG:
27.64%
CHAU:
-79.21%
GOOG:
-44.60%
CHAU:
-72.12%
GOOG:
-2.62%
Returns By Period
In the year-to-date period, CHAU achieves a 8.80% return, which is significantly lower than GOOG's 37.41% return.
CHAU
8.80%
-4.46%
14.24%
15.57%
-7.17%
N/A
GOOG
37.41%
8.94%
7.31%
36.57%
23.51%
22.07%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
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 1.24%, more than GOOG's 0.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
CHAU Direxion Daily CSI 300 China A Share Bull 2x Shares | 1.24% | 3.97% | 0.77% | 1.73% | 0.09% | 0.57% | 0.82% |
GOOG Alphabet Inc. | 0.31% | 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 20.10% compared to Alphabet Inc. (GOOG) at 11.21%. 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.