SEF vs AAPD

Comparison between ProShares Short Financials -1x Shares (SEF, ETF) and DIREXION DAILY AAPL BEAR 1X SHARES (AAPD, ETF).

SEF vs AAPD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SEF(ETF)	AAPD(ETF)
Net Assets	$14M	$14M
Expense Ratio	0.95%	0.96%
Max Drawdown	97.02%	66.62%
Sharpe Ratio	-0.37	-1.70
5Y Beta	-0.78	-1.10

Net Assets

SEF

$14M

AAPD

$14M

Expense Ratio

Winner

SEF

0.95%

AAPD

0.96%

Max Drawdown

SEF

97.02%

Winner

AAPD

66.62%

Sharpe Ratio

Winner

SEF

-0.37

AAPD

-1.70

5Y Beta

SEF

-0.78

Winner

AAPD

-1.10

SEF vs AAPD - Historical Returns

Returns include dividend reinvestment.

Period	SEF	AAPD
1 month	-3.14%	-9.03%
3 months	-6.43%	-15.36%
6 months	-3.77%	-23.44%
1 year	-1.97%	-33.47%
5 years(CAGR)	-7.14%	N/A
10 years(CAGR)	-12.10%	N/A
Max(CAGR)	-14.00%	-16.32%

Winner

SEF

-3.14%

AAPD

-9.03%

Winner

SEF

-6.43%

AAPD

-15.36%

Winner

SEF

-3.77%

AAPD

-23.44%

Winner

SEF

-1.97%

AAPD

-33.47%

5Y(CAGR)

SEF

-7.14%

AAPD

N/A

10Y(CAGR)

SEF

-12.10%

AAPD

N/A

Max(CAGR)

Winner

SEF

-14.00%

AAPD

-16.32%

SEF vs AAPD - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	SEF	AAPD
2026	-0.37%	-16.35%
2025	-10.00%	-13.78%
2024	-17.62%	-24.24%
2023	-8.57%	-33.01%
2022	+12.68%	+21.49%
2021	-28.22%	N/A
2020	-16.54%	N/A
2019	-23.03%	N/A
2018	+9.78%	N/A
2017	-16.34%	N/A
2016	-19.07%	N/A
2015	-3.66%	N/A
2014	-15.39%	N/A
2013	-25.43%	N/A
2012	-22.35%	N/A
2011	+4.01%	N/A
2010	-16.03%	N/A
2009	-40.93%	N/A
2008	+11.08%	N/A

SEF vs AAPD Drawdown Comparison

The maximum drawdown for SEF was -96.51%, occurring on Jan 6, 2026. This drawdown has not yet recovered.

The maximum drawdown for AAPD was -62.26%, occurring on Jul 17, 2026. This drawdown has not yet recovered.

The current SEF drawdown is -96.43%. The current AAPD drawdown is -60.81%.

Rank	SEF	AAPD
#1	-96.51% Mar 6, 2009 - Jan 6, 2026	-62.26% Jan 3, 2023 - Jul 17, 2026
#2	-35.06% Nov 20, 2008 - Mar 5, 2009	-12.41% Sep 30, 2022 - Nov 9, 2022
#3	-32.07% Jul 15, 2008 - Oct 9, 2008	-11.37% Nov 9, 2022 - Dec 19, 2022
#4	-20.24% Oct 27, 2008 - Nov 12, 2008	-5.77% Sep 8, 2022 - Sep 15, 2022
#5	-18.92% Oct 9, 2008 - Oct 27, 2008	-5.62% Aug 9, 2022 - Aug 26, 2022
#6	-9.14% Jul 7, 2008 - Jul 14, 2008	-3.89% Sep 16, 2022 - Sep 23, 2022
#7	-7.21% Nov 12, 2008 - Nov 17, 2008	-3.02% Dec 28, 2022 - Jan 3, 2023
#8	-1.87% Jun 12, 2008 - Jun 20, 2008	-2.34% Dec 20, 2022 - Dec 23, 2022
#9	-1.76% Jun 23, 2008 - Jun 26, 2008	-1.04% Sep 23, 2022 - Sep 28, 2022
#10	-0.84% Jun 30, 2008 - Jul 2, 2008	-1.00% Sep 6, 2022 - Sep 8, 2022
#11	N/A	-0.34% Aug 31, 2022 - Sep 2, 2022