QQQD vs. AAPL
QQQD (Direxion Daily Magnificent 7 Bear 1X Shares) is Inverse Equities fund tracking the Indxx Magnificent 7 Index (-100%), while AAPL (Apple Inc) is a stock. Over the past year, QQQD returned -15.69% vs 50.87% for AAPL. At a correlation of -0.52, they often move in opposite directions.
Performance
QQQD vs. AAPL - Performance Comparison
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Returns By Period
In the year-to-date period, QQQD achieves a -0.87% return, which is significantly lower than AAPL's 16.94% return.
QQQD
- 1D
- 1.07%
- 1M
- -3.17%
- 6M
- -0.37%
- YTD
- -0.87%
- 1Y
- -15.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AAPL
- 1D
- 0.63%
- 1M
- 8.99%
- 6M
- 22.15%
- YTD
- 16.94%
- 1Y
- 50.87%
- 3Y*
- 19.05%
- 5Y*
- 16.89%
- 10Y*
- 30.30%
QQQD vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QQQD Direxion Daily Magnificent 7 Bear 1X Shares | -0.87% | -20.32% | -27.75% |
AAPL Apple Inc | 16.94% | 9.05% | 48.61% |
Correlation
The correlation between QQQD and AAPL is -0.48, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.48 |
Correlation (All Time) Calculated using the full available price history since Mar 7, 2024 | -0.52 |
The correlation between QQQD and AAPL has been stable across timeframes, ranging from -0.52 to -0.48 - a consistent structural relationship.
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Return for Risk
QQQD vs. AAPL — Risk / Return Rank
QQQD
AAPL
QQQD vs. AAPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Magnificent 7 Bear 1X Shares (QQQD) and Apple Inc (AAPL). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| QQQD | AAPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.86 | ||
| Sortino ratioReturn per unit of downside risk | -3.90 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.39 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | 3.70 | -4.42 |
| Martin ratioReturn relative to average drawdown | -1.22 | 8.82 | -10.04 |
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Drawdowns
QQQD vs. AAPL - Drawdown Comparison
The maximum QQQD drawdown since its inception was -49.47%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for QQQD and AAPL.
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Drawdown Indicators
| QQQD | AAPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.47% | -81.80% | +32.33% |
Max Drawdown (1Y)Largest decline over 1 year | -21.94% | -13.80% | -8.14% |
Max Drawdown (3Y)Largest decline over 3 years | — | -33.36% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.36% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.52% | — |
Current DrawdownCurrent decline from peak | -46.40% | 0.00% | -46.40% |
Average DrawdownAverage peak-to-trough decline | -30.94% | -29.55% | -1.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.95% | 5.78% | +7.17% |
Volatility
QQQD vs. AAPL - Volatility Comparison
The current volatility for Direxion Daily Magnificent 7 Bear 1X Shares (QQQD) is 7.79%, while Apple Inc (AAPL) has a volatility of 9.95%. This indicates that QQQD experiences smaller price fluctuations and is considered to be less risky than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQQD | AAPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.79% | 9.95% | -2.16% |
Volatility (6M)Calculated over the trailing 6-month period | 16.58% | 18.77% | -2.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.37% | 24.11% | -2.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.83% | 27.78% | -0.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.83% | 29.05% | -2.22% |
Dividends
QQQD vs. AAPL - Dividend Comparison
QQQD's dividend yield for the trailing twelve months is around 3.10%, more than AAPL's 0.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.33% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
QQQD Direxion Daily Magnificent 7 Bear 1X Shares | 3.10% | 4.33% | 5.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QQQD and AAPL have a correlation of -0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAPL has higher volatility (9.95%) compared to QQQD (7.79%). In terms of maximum drawdown, QQQD dropped -49.47% vs AAPL's -81.80%.
AAPL currently has the higher Sharpe Ratio (2.12 vs -0.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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