Direxion Shares ETF Trust Direxion Daily AAPL Bull 1.5X Shares
Snapshot*
Top 10 Holdings
What is AAPU?
The Direxion Daily AAPL Bull 1.5X Shares (AAPU) seeks 150% daily leveraged investment results and thus will have an increase of volatility relative to the underlying AAPL performance itself. As a result, the fund may be riskier than alternatives that do not use leverage because the fund's objective is to magnify the daily performance of the common shares of Apple Inc. (NASDAQ: AAPL). The return for investors that invest for periods longer or shorter than a trading day should not be expected to be 150% of the performance of AAPL for the period. The return of the fund for a period longer than a trading day will be the result of each trading day's compounded return over the period, which will very likely differ from 150% of the return of AAPL for that period. Longer holding periods, higher volatility of AAPL and leverage increase the impact of compounding on an investor's returns. During periods of higher AAPL volatility, the volatility of AAPL may affect the fund's performance.
AAPUPerformance Measures**
for the time period Aug 9, 2022 to Aug 14, 2026
1M Trailing Return: -7.3%
The percent change in the value over the most recent 1-month period.
3M Trailing Return: 0.7%
The percent change in the value over the most recent 3-month period.
Max Drawdown: -58.6%
The greatest percent loss from peak to trough in value over the time period.
Standard Deviation: 50.0%
The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.
Sharpe Ratio: 0.60
The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.
Calmar Ratio: 0.32
The annualized return divided by the max drawdown for the selected time period.
ETFs related toAAPU
ETFs correlated to AAPU include APLY, XLK, TECL
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Trading Strategies
Related toAAPU
Excellent Adventures (no NVDA)
Category
Tactical allocation, Market timing, Leveraged ETFs, Mega-cap tech, Volatility trading, Momentum & mean-reversion, Rotation, Multi-timeframe signals
OOS Cumulative Return
592.83%
V1b Simple Sort w/ Leverage
Category
Momentum, Tactical, Leveraged ETFs, Risk-on/Risk-off, Tech/semiconductors, Daily rebalance
OOS Cumulative Return
433.6%
Create your own algorithmic trading strategy with AAPU using Composer
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.