AAPD vs SETH

Comparison between DIREXION DAILY AAPL BEAR 1X SHARES (AAPD, ETF) and ProShares Short Ether ETF (SETH, ETF).

AAPD vs SETH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AAPD(ETF)	SETH(ETF)
Net Assets	$16M	$16M
Expense Ratio	0.96%	0.95%
Max Drawdown	64.20%	81.90%
Sharpe Ratio	-1.86	0.45
5Y Beta	-1.15	-2.10

Net Assets

AAPD

$16M

SETH

$16M

Expense Ratio

AAPD

0.96%

Winner

SETH

0.95%

Max Drawdown

Winner

AAPD

64.20%

SETH

81.90%

Sharpe Ratio

AAPD

-1.86

Winner

SETH

0.45

5Y Beta

AAPD

-1.15

Winner

SETH

-2.10

AAPD vs SETH - Historical Returns

Returns include dividend reinvestment.

Period	AAPD	SETH
1 month	-7.46%	+47.19%
3 months	-15.02%	+26.02%
6 months	-8.92%	+59.53%
1 year	-33.97%	+7.21%
Max(CAGR)	-15.70%	-27.32%

AAPD

-7.46%

Winner

SETH

+47.19%

AAPD

-15.02%

Winner

SETH

+26.02%

AAPD

-8.92%

Winner

SETH

+59.53%

AAPD

-33.97%

Winner

SETH

+7.21%

Max(CAGR)

Winner

AAPD

-15.70%

SETH

-27.32%

AAPD vs SETH - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	AAPD	SETH
2026	-11.93%	+67.90%
2025	-13.78%	-26.97%
2024	-24.24%	-48.29%
2023	-33.01%	-22.80%
2022	+21.49%	N/A

AAPD vs SETH 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 SETH was -80.73%, occurring on Oct 6, 2025. This drawdown has not yet recovered.

The current AAPD drawdown is -58.75%. The current SETH drawdown is -56.25%.

Rank	AAPD	SETH
#1	-59.78% Jan 3, 2023 - Jun 2, 2026	-80.73% Nov 2, 2023 - Oct 6, 2025
#2	-12.41% Sep 30, 2022 - Nov 9, 2022	N/A
#3	-11.37% Nov 9, 2022 - Dec 19, 2022	N/A
#4	-5.77% Sep 8, 2022 - Sep 15, 2022	N/A
#5	-5.62% Aug 9, 2022 - Aug 26, 2022	N/A
#6	-3.89% Sep 16, 2022 - Sep 23, 2022	N/A
#7	-3.02% Dec 28, 2022 - Jan 3, 2023	N/A
#8	-2.34% Dec 20, 2022 - Dec 23, 2022	N/A
#9	-1.04% Sep 23, 2022 - Sep 28, 2022	N/A
#10	-1.00% Sep 6, 2022 - Sep 8, 2022	N/A
#11	-0.34% Aug 31, 2022 - Sep 2, 2022	N/A