SETH vs AAPD

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

SETH vs AAPD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

SETH

$16M

AAPD

$16M

Expense Ratio

Winner

SETH

0.95%

AAPD

0.96%

Max Drawdown

SETH

81.90%

Winner

AAPD

64.20%

Sharpe Ratio

Winner

SETH

0.45

AAPD

-1.86

5Y Beta

Winner

SETH

-2.10

AAPD

-1.15

SETH vs AAPD - Historical Returns

Returns include dividend reinvestment.

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

Winner

SETH

+47.19%

AAPD

-7.46%

Winner

SETH

+26.02%

AAPD

-15.02%

Winner

SETH

+59.53%

AAPD

-8.92%

Winner

SETH

+7.21%

AAPD

-33.97%

Max(CAGR)

SETH

-27.32%

Winner

AAPD

-15.70%

SETH vs AAPD - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

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

SETH vs AAPD Drawdown Comparison

The maximum drawdown for SETH was -80.73%, occurring on Oct 6, 2025. This drawdown has not yet recovered.

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

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

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