AAPD vs QQQ
Direxion Daily AAPL Bear 1X ETF vs Invesco QQQ Trust, Series 1
Which is better, AAPD or QQQ?
Opposite sides of the same exposure.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. The two move opposite each other, correlation -0.62, so holding both offsets the exposure while paying both fees.
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 | AAPD | QQQ |
|---|---|---|
| Expense Ratio | 0.96% | 0.18%Best |
| AUM | $25M | $483.5B |
| Dividend Yield | 3.60% | 0.44% |
| Holdings | 9 | 107 |
| YTD Return | -19.49% | +16.87%Best |
| 1Y Return | -31.03% | +22.98%Best |
| 3Y Return (annualized) | -19.38% | +24.98%Best |
| 5Y Return (annualized) | - | +14.39% |
| Volatility (annualized) | 22.8% | 18.9%Best |
| Max Drawdown | -63.0% | -22.8%Best |
| $10,000 over 4.1 years | $4,749 | $23,150Best |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) |
| Category | Alternative | Equity |
| Style | Trading-Inverse Equity | Large Cap Growth |
| Inception | Aug 9, 2022 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Aug 9, 2022 to Sep 11, 2026 (4.1 years).
AAPD vs QQQ 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 4.1 years both funds cover.
AAPD vs QQQ Performance
Direxion Daily AAPL Bear 1X ETF (AAPD) is an ETF from Direxion Shares ETF Trust and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AAPD returned -31.03% while QQQ returned +22.98%. Year to date, AAPD is down 19.49% versus a gain of 16.87% for QQQ.
Over three years, AAPD compounded at -19.38% per year against +24.98% for QQQ. Across the full 4-year window we track, QQQ has the edge at +22.72% annualized vs -16.61%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AAPD has been the more volatile fund, with annualized monthly volatility of 22.8% compared with 18.9% for QQQ. 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 -63.0% for AAPD and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.62. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
AAPD charges 0.96% per year while QQQ charges 0.18%. On a $10,000 position that is $96 vs $18 annually, a gap of $78 per year that compounds over a long holding period. On income, AAPD currently yields 3.60% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 3 holdings in AAPD and 102 in QQQ, totalling 111.3% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 3 positions we hold weights for in AAPD and 102 in QQQ, against full books of 9 and 107.
You are not choosing between two funds in isolation.
Whichever of AAPD and QQQ 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, AAPD or QQQ?
AAPD has an expense ratio of 0.96% while QQQ charges 0.18%. QQQ is the cheaper option, by $78 a year on a $10,000 investment.
Which performed better, AAPD or QQQ?
Over the past year AAPD returned -31.03% vs +22.98% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), AAPD annualized -16.61% vs +22.72% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AAPD or QQQ?
AAPD has been the more volatile fund at 22.8% annualized versus 18.9% for QQQ. Worst drawdown: AAPD -63.0% vs QQQ -22.8%.
Should I hold both AAPD and QQQ?
AAPD and QQQ have a monthly-return correlation of -0.62, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, AAPD or QQQ?
AAPD yields 3.60% while QQQ yields 0.44%, so AAPD currently pays the higher dividend yield.
Is QQQ better than AAPD?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. The two move opposite each other, correlation -0.62, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.