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AAPD vs NBCE

Comparison between DIREXION DAILY AAPL BEAR 1X SHARES (AAPD, ETF) and NEUBERGER BERMAN CHINA EQUITY ETF (NBCE, ETF).

AAPD vs NBCE - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
AAPD
$18M
Winner
NBCE
$18M
Expense Ratio
AAPD
0.96%
Winner
NBCE
0.75%
Max Drawdown
AAPD
64.20%
Winner
NBCE
29.26%
Sharpe Ratio
AAPD
-1.69
Winner
NBCE
2.20
5Y Beta
Winner
AAPD
-1.14
NBCE
0.42

AAPD vs NBCE - Historical Returns

Returns include dividend reinvestment.

1M
AAPD
+1.23%
Winner
NBCE
+7.26%
3M
AAPD
-14.63%
Winner
NBCE
+20.96%
6M
AAPD
-7.34%
Winner
NBCE
+32.28%
1Y
AAPD
-32.49%
Winner
NBCE
+62.98%
Max(CAGR)
AAPD
-14.83%
Winner
NBCE
+25.08%

AAPD vs NBCE - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

YearAAPDNBCE
2026-8.80%+26.92%
2025-13.78%+42.46%
2024-24.24%+5.47%
2023-33.01%-2.22%
2022+21.49%N/A

AAPD vs NBCE 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 NBCE was -28.41%, occurring on Apr 7, 2025. Recovery took 235 trading sessions.

The current AAPD drawdown is -57.28%.

RankAAPDNBCE
#1-59.78%
Jan 3, 2023 - Jun 2, 2026
-28.41%
Oct 7, 2024 - Sep 16, 2025
#2-12.41%
Sep 30, 2022 - Nov 9, 2022
-15.32%
May 9, 2024 - Sep 27, 2024
#3-11.37%
Nov 9, 2022 - Dec 19, 2022
-15.16%
Nov 20, 2023 - Apr 29, 2024
#4-5.77%
Sep 8, 2022 - Sep 15, 2022
-9.23%
Feb 25, 2026 - Apr 17, 2026
#5-5.62%
Aug 9, 2022 - Aug 26, 2022
-7.13%
Oct 29, 2025 - Jan 2, 2026
#6-3.89%
Sep 16, 2022 - Sep 23, 2022
-6.08%
Oct 2, 2025 - Oct 29, 2025
#7-3.02%
Dec 28, 2022 - Jan 3, 2023
-5.27%
Oct 16, 2023 - Nov 6, 2023
#8-2.34%
Dec 20, 2022 - Dec 23, 2022
-5.01%
May 13, 2026 - May 28, 2026
#9-1.04%
Sep 23, 2022 - Sep 28, 2022
-4.84%
Jun 4, 2026 - Jun 15, 2026
#10-1.00%
Sep 6, 2022 - Sep 8, 2022
-3.45%
Jan 28, 2026 - Feb 9, 2026
#11-0.34%
Aug 31, 2022 - Sep 2, 2022
-2.88%
May 28, 2026 - Jun 4, 2026
#12N/A-2.39%
Nov 15, 2023 - Nov 20, 2023
#13N/A-2.09%
Nov 6, 2023 - Nov 15, 2023
#14N/A-1.63%
Jan 12, 2026 - Jan 16, 2026
#15N/A-1.39%
Oct 2, 2024 - Oct 4, 2024

Correlation

Correlation between AAPD and NBCE is -0.81 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.81
-101

Dividend Comparison (2022 - 2026)

AAPD vs NBCE dividend yield comparison.

YearAAPDNBCE
20260.70%0.00%
20253.60%1.32%
20244.55%1.20%
20234.37%0.00%
20220.53%0.00%

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