AAPD vs AAPB

Comparison between DIREXION DAILY AAPL BEAR 1X SHARES (AAPD, ETF) and GRANITESHARES 2X LONG AAPL DAILY ETF (AAPB, ETF).

AAPD vs AAPB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AAPD(ETF)	AAPB(ETF)
Net Assets	$16M	$16M
Expense Ratio	0.96%	N/A
Max Drawdown	64.20%	58.13%
Sharpe Ratio	-1.86	1.74
5Y Beta	-1.15	2.28
P/E Ratio	N/A	37.38
Forward P/E	N/A	32.89
PEG Ratio	N/A	1.30
5Y EPS CAGR	N/A	12.93%
Debt to Equity	N/A	77.67%
P/S Ratio	N/A	10.11
P/B Ratio	N/A	42.87

Net Assets

AAPD

$16M

Winner

AAPB

$16M

Expense Ratio

AAPD

0.96%

AAPB

N/A

Max Drawdown

AAPD

64.20%

Winner

AAPB

58.13%

Sharpe Ratio

AAPD

-1.86

Winner

AAPB

1.74

5Y Beta

Winner

AAPD

-1.15

AAPB

2.28

P/E Ratio

AAPD

N/A

AAPB

37.38

Forward P/E

AAPD

N/A

AAPB

32.89

PEG Ratio

AAPD

N/A

AAPB

1.30

5Y EPS CAGR

AAPD

N/A

AAPB

12.93%

Debt to Equity

AAPD

N/A

AAPB

77.67%

P/S Ratio

AAPD

N/A

AAPB

10.11

P/B Ratio

AAPD

N/A

AAPB

42.87

AAPD vs AAPB - Historical Returns

Returns include dividend reinvestment.

Period	AAPD	AAPB
1 month	-7.46%	+16.48%
3 months	-15.02%	+35.86%
6 months	-8.92%	+15.45%
1 year	-33.97%	+109.31%
Max(CAGR)	-15.70%	+18.82%

AAPD

-7.46%

Winner

AAPB

+16.48%

AAPD

-15.02%

Winner

AAPB

+35.86%

AAPD

-8.92%

Winner

AAPB

+15.45%

AAPD

-33.97%

Winner

AAPB

+109.31%

Max(CAGR)

AAPD

-15.70%

Winner

AAPB

+18.82%

AAPD vs AAPB - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	AAPD	AAPB
2026	-11.93%	+22.50%
2025	-13.78%	+4.65%
2024	-24.24%	+56.92%
2023	-33.01%	+88.68%
2022	+21.49%	-38.44%

AAPD vs AAPB Drawdown Comparison

The maximum drawdown for AAPD was -59.78%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The maximum drawdown for AAPB was -58.13%, occurring on Apr 8, 2025. Recovery took 232 trading sessions.

The current AAPD drawdown is -58.75%. The current AAPB drawdown is -4.88%.

Rank	AAPD	AAPB
#1	-59.78% Jan 3, 2023 - Jun 2, 2026	-58.13% Dec 26, 2024 - Dec 1, 2025
#2	-12.41% Sep 30, 2022 - Nov 9, 2022	-47.65% Aug 17, 2022 - Jun 22, 2023
#3	-11.37% Nov 9, 2022 - Dec 19, 2022	-35.74% Jul 31, 2023 - Jun 12, 2024
#4	-5.77% Sep 8, 2022 - Sep 15, 2022	-28.11% Dec 2, 2025 - May 12, 2026
#5	-5.62% Aug 9, 2022 - Aug 26, 2022	-23.18% Jul 16, 2024 - Dec 3, 2024
#6	-3.89% Sep 16, 2022 - Sep 23, 2022	-8.86% Jun 17, 2024 - Jul 2, 2024
#7	-3.02% Dec 28, 2022 - Jan 3, 2023	-5.36% Jun 30, 2023 - Jul 19, 2023
#8	-2.34% Dec 20, 2022 - Dec 23, 2022	-4.88% Jun 2, 2026 - Jun 5, 2026
#9	-1.04% Sep 23, 2022 - Sep 28, 2022	-4.60% Dec 17, 2024 - Dec 20, 2024
#10	-1.00% Sep 6, 2022 - Sep 8, 2022	-4.60% Jul 10, 2024 - Jul 15, 2024
#11	-0.34% Aug 31, 2022 - Sep 2, 2022	-4.05% May 28, 2026 - Jun 2, 2026
#12	N/A	-2.92% Jul 19, 2023 - Jul 28, 2023
#13	N/A	-1.80% Jun 22, 2023 - Jun 27, 2023
#14	N/A	-1.77% May 15, 2026 - May 20, 2026
#15	N/A	-1.59% Jun 13, 2024 - Jun 17, 2024

Correlation

Correlation between AAPD and AAPB is -0.92 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.92

-101