AAPU vs BABX
Direxion Daily AAPL Bull 2X ETF vs GraniteShares 2x Long BABA Daily ETF
Which is better, AAPU or BABX?
AAPU has been ahead.
AAPU has a lower expense ratio. AAPU led over 1Y, 3Y and the full window.
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 | AAPU | BABX |
|---|---|---|
| Expense Ratio | 0.97%Best | 1.15% |
| AUM | $170M | $123M |
| Dividend Yield | 6.65% | 0.00% |
| Holdings | 22 | 4 |
| YTD Return | +42.47%Best | -57.48% |
| 1Y Return | +65.31%Best | -62.87% |
| 3Y Return (annualized) | +28.68%Best | -2.66% |
| Volatility (annualized) | 40.1%Best | 94.0% |
| Max Drawdown | -59.9%Best | -78.8% |
| $10,000 over 3.8 years | $26,927Best | $6,664 |
| Fund Family | Direxion Shares ETF Trust | GraniteShares |
| Category | Alternative | Alternative |
| Style | Trading-Leveraged Equity | Trading-Leveraged Equity |
| Inception | Aug 9, 2022 | Dec 13, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Dec 13, 2022 to Oct 14, 2026 (3.8 years).
AAPU vs BABX 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 3.8 years both funds cover.
AAPU vs BABX Performance
Direxion Daily AAPL Bull 2X ETF (AAPU) is an ETF from Direxion Shares ETF Trust and GraniteShares 2x Long BABA Daily ETF (BABX) is an ETF from GraniteShares. Over the past year AAPU returned +65.31% while BABX returned -62.87%. Year to date, AAPU is up 42.47% versus a loss of 57.48% for BABX.
Over three years, AAPU compounded at +28.68% per year against -2.66% for BABX. Across the full 4-year window we track, AAPU has the edge at +29.78% annualized vs -10.13%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BABX has been the more volatile fund, with annualized monthly volatility of 94.0% compared with 40.1% 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 -59.9% for AAPU and -78.8% for BABX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.27. They move largely independently of each other.
Fees and Cost Over Time
AAPU charges 0.97% per year while BABX charges 1.15%. On a $10,000 position that is $97 vs $115 annually, a gap of $18 per year that compounds over a long holding period. On income, AAPU currently yields 6.65% against 0.00% for BABX.
You are not choosing between two funds in isolation.
Whichever of AAPU and BABX 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, AAPU or BABX?
AAPU has an expense ratio of 0.97% while BABX charges 1.15%. AAPU is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, AAPU or BABX?
Over the past year AAPU returned +65.31% vs -62.87% for BABX, so AAPU leads on 1-year performance. Over the longest common window we track (4 years), AAPU annualized +29.78% vs -10.13% for BABX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AAPU or BABX?
BABX has been the more volatile fund at 94.0% annualized versus 40.1% for AAPU. Worst drawdown: AAPU -59.9% vs BABX -78.8%.
Should I hold both AAPU and BABX?
AAPU and BABX have a monthly-return correlation of 0.27, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AAPU or BABX?
AAPU yields 6.65% while BABX yields 0.00%, so AAPU currently pays the higher dividend yield.
Is BABX better than AAPU?
AAPU has a lower expense ratio. AAPU led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.