AAPB vs AAPU
GraniteShares 2x Long AAPL Daily ETF vs Direxion Daily AAPL Bull 2X ETF
Which is better, AAPB or AAPU?
Nearly the same fund. AAPU costs less.
AAPU has a lower expense ratio. AAPB led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.99.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AAPB | AAPU |
|---|---|---|
| Expense Ratio | 1.15% | 0.97%Best |
| AUM | $18M | $170M |
| Dividend Yield | 3.25% | 6.65% |
| Holdings | 4 | 22 |
| YTD Return | +43.66%Best | +42.47% |
| 1Y Return | +68.75%Best | +65.31% |
| 3Y Return (annualized) | +32.33%Best | +28.68% |
| Volatility (annualized) | 44.3% | 41.9%Best |
| Max Drawdown | -58.1%Best | -59.9% |
| $10,000 over 4.2 years | $22,760Best | $21,877 |
| Fund Family | GraniteShares | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Trading-Leveraged Equity | Trading-Leveraged Equity |
| Inception | Aug 9, 2022 | Aug 9, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.2 years row, are measured over the window both funds cover: Aug 9, 2022 to Oct 14, 2026 (4.2 years).
AAPB vs AAPU growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.2 years both funds cover.
AAPB vs AAPU Performance
GraniteShares 2x Long AAPL Daily ETF (AAPB) is an ETF from GraniteShares and Direxion Daily AAPL Bull 2X ETF (AAPU) is an ETF from Direxion Shares ETF Trust. Over the past year AAPB returned +68.75% while AAPU returned +65.31%. Year to date, AAPB is up 43.66% versus a gain of 42.47% for AAPU.
Over three years, AAPB compounded at +32.33% per year against +28.68% for AAPU. Across the full 4-year window we track, AAPB has the edge at +21.63% annualized vs +20.49%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AAPB has been the more volatile fund, with annualized monthly volatility of 44.3% compared with 41.9% for AAPU. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -58.1% for AAPB and -59.9% for AAPU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AAPB charges 1.15% per year while AAPU charges 0.97%. On a $10,000 position that is $115 vs $97 annually, a gap of $18 per year that compounds over a long holding period. On income, AAPB currently yields 3.25% against 6.65% for AAPU.
You are not choosing between two funds in isolation.
Whichever of AAPB and AAPU you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AAPB or AAPU?
AAPB has an expense ratio of 1.15% while AAPU charges 0.97%. AAPU is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, AAPB or AAPU?
Over the past year AAPB returned +68.75% vs +65.31% for AAPU, so AAPB leads on 1-year performance. Over the longest common window we track (4 years), AAPB annualized +21.63% vs +20.49% for AAPU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AAPB or AAPU?
AAPB has been the more volatile fund at 44.3% annualized versus 41.9% for AAPU. Worst drawdown: AAPB -58.1% vs AAPU -59.9%.
Should I hold both AAPB and AAPU?
AAPB and AAPU have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, AAPB or AAPU?
AAPB yields 3.25% while AAPU yields 6.65%, so AAPU currently pays the higher dividend yield.
Is AAPU better than AAPB?
AAPU has a lower expense ratio. AAPB led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.