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 -14.61% vs 46.63% 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 4.24% return, which is significantly lower than AAPL's 8.46% return.
QQQD
- 1D
- 0.67%
- 1M
- 9.00%
- YTD
- 4.24%
- 6M
- 6.32%
- 1Y
- -14.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AAPL
- 1D
- -0.91%
- 1M
- -4.70%
- YTD
- 8.46%
- 6M
- 8.26%
- 1Y
- 46.63%
- 3Y*
- 16.93%
- 5Y*
- 17.74%
- 10Y*
- 30.05%
QQQD vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QQQD Direxion Daily Magnificent 7 Bear 1X Shares | 4.24% | -20.32% | -27.75% |
AAPL Apple Inc | 8.46% | 9.05% | 48.61% |
Correlation
The correlation between QQQD and AAPL is -0.47, 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 | -0.47 |
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 -0.47 - 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 | -2.78 | ||
| Sortino ratioReturn per unit of downside risk | -3.88 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.38 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | -0.64 | 3.40 | -4.04 |
| Martin ratioReturn relative to average drawdown | -1.01 | 8.35 | -9.36 |
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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 | -22.92% | -13.80% | -9.12% |
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 | -43.64% | -6.63% | -37.01% |
Average DrawdownAverage peak-to-trough decline | -30.63% | -29.58% | -1.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.98% | 5.60% | +9.38% |
Volatility
QQQD vs. AAPL - Volatility Comparison
Direxion Daily Magnificent 7 Bear 1X Shares (QQQD) and Apple Inc (AAPL) have volatilities of 7.17% and 6.98%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. 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 | 7.17% | 6.98% | +0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 15.65% | 16.62% | -0.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.89% | 22.57% | -1.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.85% | 27.52% | -0.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.85% | 28.92% | -2.07% |
Dividends
QQQD vs. AAPL - Dividend Comparison
QQQD's dividend yield for the trailing twelve months is around 3.79%, more than AAPL's 0.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.36% | 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 | 3.79% | 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 -0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQQD has higher volatility (7.17%) compared to AAPL (6.98%). In terms of maximum drawdown, QQQD dropped -49.47% vs AAPL's -81.80%.
AAPL currently has the higher Sharpe Ratio (2.08 vs -0.71), 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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