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AAPD vs PLTD

Direxion Daily AAPL Bear 1X ETF

AAPDANasdaq

Direxion Daily PLTR Bear 1X ETF

PLTDANasdaq

Overlap

Expense ratio

AAPD −0.03pt a year

AAPD0.96%PLTD0.99%

Avg volume · 30D

PLTD 3.6×the volume

AAPD8.8MPLTD32M

AAPD vs PLTD Performance

Oct 31, 2025 – Oct 30, 2026

−21.5%AAPD−18.7%PLTD

Oct 31, 2025 to Oct 30, 2026. AAPD −21.5%. PLTD −18.7%. Use the arrow keys to read each point.0%20%40%60%Oct 2025Apr 2026Oct 2026
Expense ratio
AAPD 0.96%, better
PLTD 0.99%
Fund size
AAPD $24M
PLTD $26M
1Y total return
AAPD −21.5%
PLTD −18.7%, better
Yield (12M)
AAPD 4.51%, better
PLTD 3.85%
Holdings
AAPD 4
PLTD 4
Avg volume (30D)
AAPD 8.8M sh
PLTD 32M sh, better
NAV per share
AAPD $9.86
PLTD $4.52
52W range

ETF.net Grade

AAPD: Cost 97, Risk 75, Mission 85, Tradability 80, Holdings not scored, Durability 75. PLTD: Cost 89, Risk 66, Mission not scored, Tradability 82, Holdings not scored, Durability 68.
Pillar letters and Scores for AAPD, PLTD, with each pillar’s weight
PillarAAPDPLTD
Cost30% weightA97HigherA89
Mission25% weightA85Not scored
Risk15% weightA75HigherB66
Tradability15% weightA80A82Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA75HigherB68

Rank among Single-Stock Inverse funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AAPD and PLTD are both graded against the same 43 Single-Stock Inverse funds, so their Grades compare head to head.

Single-Stock Inverse⁠

Category · 43 funds
See all 43 ›

AAPD ranks 1st and PLTD 5th of 43 funds in the Single-Stock Inverse Category.

  1. Rank 1AAAPDDirexion Daily AAPL Bear 1X ETFScore 86
  2. Rank 2ATSDDGraniteShares 2x Short TSLA Daily ETFScore 84
  3. Rank 5AAMZDDirexion Daily AMZN Bear 1X ETFScore 80
  4. Rank 5APLTDDirexion Daily PLTR Bear 1X ETFScore 80
  5. Rank 7AAVSDirexion Daily AVGO Bear 1X SharesScore 79

Our read on each fund

ETF.net Research

AAPDADirexion Daily AAPL Bear 1X ETF

PLTDADirexion Daily PLTR Bear 1X ETF

In short

AAPD The straight-shooting short on Apple. No 2x, no options overlay: AAPD aims to deliver 100% of the inverse of AAPL's daily move, and it charges less than the typical single-stock bear fund to do it.

PLTD No data

Stated mandate

AAPD The fund seeks daily investment results, before fees and expenses, equal to 100% of the inverse of the performance of Apple Inc.'s common shares.

PLTD No data

Why people hold it

  • AAPD One-to-one inverse, not amplified. The fund targets 100% of the opposite of Apple's daily move, so a bearish view doesn't come pre-loaded with 2x leverage on top.direxion.com
  • Cheap for the aisle it sits in: 0.96% a year against a 1.29% median for inverse single-stock funds, and under 2x rivals like TSDD (1.13%) and MSTZ (1.05%).
  • An early mover in single-stock ETFs, live since 2022, and one of the more actively traded names in the inverse single-stock group.
  • Hits its stated daily target closely and ranks among the strongest implementations in its peer group of inverse single-stock funds.

PLTD No data

Worth knowing

  • AAPD The objective resets every day. Hold longer and compounding takes over, so results over a week or a month can differ from the inverse of Apple's move over that stretch, especially in choppy markets.
  • One company, one story. There is no diversification here: an Apple earnings night or product cycle drives the entire position.
  • A small fund by assets, and any distributions come on a quarterly schedule rather than as a steady income stream.

PLTD No data

Full AAPD profile⁠

Full PLTD profile⁠

AAPD vs PLTD Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AAPD vs PLTD Cost

Overpaying PLTD vs AAPD

$491

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AAPD 0.96%

    $18,034

  • PLTD 0.99%

    $18,525

$10,000
30 years

Cost over time

  • AAPD 0.96%
  • PLTD 0.99%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530PLTD $18,525AAPD $18,034

Year by year

YearAAPDPLTDOverpaying
10$1,695$1,746$51
20$6,383$6,565$182
30$18,034$18,525$491

Expense ratio

  • 0.96%AAPD, cheaper
  • 0.99%PLTD
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

AAPD 3rd cheapest of 43 funds

PLTD 6th cheapest of 43 funds

AAPD vs PLTD Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AAPD 4.51%, better
PLTD 3.85%
Payout (12M)
AAPD $0.45
PLTD $0.19
Last payment
AAPD $0.18
PLTD $0.04
Ex-dividend
AAPD Sep 22, 2026
PLTD Sep 22, 2026
Paid on
AAPD Sep 29, 2026
PLTD Sep 29, 2026
Frequency
AAPD Quarterly
PLTD Quarterly

Distribution history

Per share, 2022 to 2026, same scale for both

AAPDQuarterly · 18 paymentsAll AAPD payments⁠
One bar per payment. 18 payments from 2022 to 2026 YTD. Sep 20, 2022 $0.03; Dec 8, 2022 $0.0061; Dec 20, 2022 $0.13; Mar 21, 2023 $0.18; Jun 21, 2023 $0.24; Sep 19, 2023 $0.19; Dec 21, 2023 $0.26; Mar 19, 2024 $0.18; Jun 25, 2024 $0.21; Sep 24, 2024 $0.15; Dec 23, 2024 $0.16; Mar 25, 2025 $0.12; Jun 24, 2025 $0.12; Sep 23, 2025 $0.12; Dec 23, 2025 $0.11; Mar 24, 2026 $0.08; Jun 23, 2026 $0.08; Sep 22, 2026 $0.18. Use the arrow keys to read each point.$0$0.2520232026YTD
PLTDQuarterly · 7 paymentsAll PLTD payments⁠
One bar per payment. 7 payments from 2022 to 2026 YTD. Mar 25, 2025 $0.16; Jun 24, 2025 $0.05; Sep 23, 2025 $0.08; Dec 23, 2025 $0.05; Mar 24, 2026 $0.06; Jun 23, 2026 $0.04; Sep 22, 2026 $0.04. Use the arrow keys to read each point.$0$0.2520232026YTD

AAPD vs PLTD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AAPD 19.8%PLTD 54.2%since Jan 2025
Return per unit of riskSharpe ratio, 3 years
AAPD −1.32PLTD −1.26since Jan 2025
Worst fallMax drawdown, 5 years
AAPD −63.9%since Aug 2022PLTD −83.1%since Dec 2024
Market sensitivityBeta, 5 years
AAPD −0.84PLTD −0.39

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