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AAPX vs. NVDU
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AAPX and NVDU is 0.21, 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.


-0.50.00.51.00.2

Performance

AAPX vs. NVDU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long Apple Daily Target ETF (AAPX) and Direxion Daily NVDA Bull 2X Shares ETF (NVDU). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%250.00%300.00%350.00%JulyAugustSeptemberOctoberNovemberDecember
61.74%
241.61%
AAPX
NVDU

Key characteristics

Daily Std Dev

AAPX:

45.45%

NVDU:

98.90%

Max Drawdown

AAPX:

-31.43%

NVDU:

-51.13%

Current Drawdown

AAPX:

0.00%

NVDU:

-20.40%

Returns By Period


AAPX

YTD

N/A

1M

22.70%

6M

39.76%

1Y

N/A

5Y*

N/A

10Y*

N/A

NVDU

YTD

296.16%

1M

-16.32%

6M

-7.73%

1Y

301.78%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


AAPX vs. NVDU - Expense Ratio Comparison

AAPX has a 1.05% expense ratio, which is higher than NVDU's 1.04% expense ratio.


AAPX
T-Rex 2X Long Apple Daily Target ETF
Expense ratio chart for AAPX: current value at 1.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.05%
Expense ratio chart for NVDU: current value at 1.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.04%

Risk-Adjusted Performance

AAPX vs. NVDU - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Apple Daily Target ETF (AAPX) and Direxion Daily NVDA Bull 2X Shares ETF (NVDU). 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.


Sharpe ratio
No data
AAPX
NVDU


Chart placeholderNot enough data

Dividends

AAPX vs. NVDU - Dividend Comparison

AAPX has not paid dividends to shareholders, while NVDU's dividend yield for the trailing twelve months is around 15.77%.


TTM2023
AAPX
T-Rex 2X Long Apple Daily Target ETF
0.00%0.00%
NVDU
Direxion Daily NVDA Bull 2X Shares ETF
15.77%0.64%

Drawdowns

AAPX vs. NVDU - Drawdown Comparison

The maximum AAPX drawdown since its inception was -31.43%, smaller than the maximum NVDU drawdown of -51.13%. Use the drawdown chart below to compare losses from any high point for AAPX and NVDU. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember0
-20.40%
AAPX
NVDU

Volatility

AAPX vs. NVDU - Volatility Comparison

The current volatility for T-Rex 2X Long Apple Daily Target ETF (AAPX) is 8.34%, while Direxion Daily NVDA Bull 2X Shares ETF (NVDU) has a volatility of 20.54%. This indicates that AAPX experiences smaller price fluctuations and is considered to be less risky than NVDU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
8.34%
20.54%
AAPX
NVDU
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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