AAPD vs VOO
Direxion Daily AAPL Bear 1X ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | AAPD | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.96% | 0.03% | |
| AUM | $33M | $979.0B | |
| Dividend Yield | 3.27% | 1.09% | |
| Holdings | 9 | 509 | |
| YTD Return | -12.42% | +13.44% | |
| 1Y Return | -25.78% | +22.62% | |
| 3Y Return (annualized) | -16.61% | +21.47% | |
| 5Y Return (annualized) | - | +13.27% | |
| Volatility (annualized) | 23.0% | 14.1% | |
| Max Drawdown | -63.0% | -34.3% | |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Aug 9, 2022 | Sep 7, 2010 |
AAPD vs VOO Performance
Direxion Daily AAPL Bear 1X ETF (AAPD) is a ETF from Direxion Shares ETF Trust and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year AAPD returned -25.78% while VOO returned +22.62%. Year to date, AAPD is down 12.42% versus a gain of 13.44% for VOO.
Over three years, AAPD compounded at -16.61% per year against +21.47% for VOO. Across the full 4-year window we track, VOO has the edge at +13.55% annualized vs -15.16%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AAPD has been the more volatile fund, with annualized monthly volatility of 23.0% compared with 14.1% for VOO. 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 -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at -0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AAPD charges 0.96% per year while VOO charges 0.03%. On a $10,000 position that is $96 vs $3 annually, a gap of $93 per year that compounds over a long holding period. On income, AAPD currently yields 3.27% against 1.09% for VOO.
Holdings Overlap
AAPD and VOO share 0 holdings out of 509 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AAPD or VOO?
AAPD has an expense ratio of 0.96% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $93 per year of difference.
Which performed better, AAPD or VOO?
Over the past year AAPD returned -25.78% vs +22.62% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), AAPD annualized -15.16% vs +13.55% for VOO. Past performance does not guarantee future results.
Which is riskier, AAPD or VOO?
AAPD has been the more volatile fund at 23.0% annualized versus 14.1% for VOO. Worst drawdown: AAPD -63.0% vs VOO -34.3%.
Should I hold both AAPD and VOO?
AAPD and VOO have a monthly-return correlation of -0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AAPD and VOO?
AAPD and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, AAPD or VOO?
AAPD yields 3.27% while VOO yields 1.09%, so AAPD currently pays the higher dividend yield.
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