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 -23.09% vs 56.89% 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 -4.21% return, which is significantly lower than AAPL's 16.16% return.
QQQD
- 1D
- 0.82%
- 1M
- -3.13%
- YTD
- -4.21%
- 6M
- -3.61%
- 1Y
- -23.09%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AAPL
- 1D
- 2.90%
- 1M
- 12.62%
- YTD
- 16.16%
- 6M
- 10.34%
- 1Y
- 56.89%
- 3Y*
- 20.88%
- 5Y*
- 21.22%
- 10Y*
- 30.33%
QQQD vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QQQD Direxion Daily Magnificent 7 Bear 1X Shares | -4.21% | -20.32% | -27.69% |
AAPL Apple Inc | 16.16% | 9.05% | 48.71% |
Correlation
The correlation between QQQD and AAPL is -0.46, 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 | -0.46 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2024 | -0.52 |
The correlation between QQQD and AAPL has been stable across timeframes, ranging from -0.52 to -0.46 - 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.
| QQQD | AAPL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -1.15 | 2.57 | -3.72 |
Sortino ratioReturn per unit of downside risk | -1.66 | 3.56 | -5.22 |
Omega ratioGain probability vs. loss probability | 0.82 | 1.46 | -0.64 |
Calmar ratioReturn relative to maximum drawdown | -0.89 | 4.17 | -5.06 |
Martin ratioReturn relative to average drawdown | -1.34 | 10.52 | -11.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QQQD | AAPL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.15 | 2.57 | -3.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.78 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.05 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.88 | 0.44 | -1.32 |
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 | -26.65% | -13.80% | -12.85% |
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 | -48.21% | 0.00% | -48.21% |
Average DrawdownAverage peak-to-trough decline | -30.31% | -29.61% | -0.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.65% | 5.47% | +12.18% |
Volatility
QQQD vs. AAPL - Volatility Comparison
The current volatility for Direxion Daily Magnificent 7 Bear 1X Shares (QQQD) is 4.51%, while Apple Inc (AAPL) has a volatility of 5.32%. 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 | 4.51% | 5.32% | -0.81% |
Volatility (6M)Calculated over the trailing 6-month period | 14.36% | 15.89% | -1.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.16% | 22.25% | -2.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.78% | 27.46% | -0.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.78% | 28.89% | -2.11% |
Dividends
QQQD vs. AAPL - Dividend Comparison
QQQD's dividend yield for the trailing twelve months is around 4.12%, 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 | 4.12% | 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 -0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAPL has higher volatility (5.32%) compared to QQQD (4.51%). In terms of maximum drawdown, QQQD dropped -49.47% vs AAPL's -81.80%.
AAPL currently has the higher Sharpe Ratio (2.57 vs -1.15), 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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