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:
0.30
GOOG:
1.39
CHAU:
0.90
GOOG:
1.93
CHAU:
1.14
GOOG:
1.26
CHAU:
0.24
GOOG:
1.74
CHAU:
0.76
GOOG:
4.27
CHAU:
25.22%
GOOG:
9.08%
CHAU:
63.63%
GOOG:
27.92%
CHAU:
-79.21%
GOOG:
-44.60%
CHAU:
-73.92%
GOOG:
-0.31%
Returns By Period
In the year-to-date period, CHAU achieves a -4.53% return, which is significantly lower than GOOG's 3.73% return.
CHAU
-4.53%
-6.45%
4.36%
14.18%
-9.09%
N/A
GOOG
3.73%
2.38%
8.01%
33.99%
21.78%
22.18%
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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 2.35%, more than GOOG's 0.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
CHAU Direxion Daily CSI 300 China A Share Bull 2x Shares | 2.35% | 2.24% | 3.97% | 0.77% | 1.73% | 0.09% | 0.57% | 0.82% |
GOOG Alphabet Inc. | 0.30% | 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 12.02% compared to Alphabet Inc. (GOOG) at 7.09%. 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.