(AAPD) Direxion Daily AAPL Bear - Overview
Etf: Swap Agreements, Options, Short Exposure
Dividends
| Dividend Yield | 3.09% |
| Yield on Cost 5y | 2.12% |
| Yield CAGR 5y | 43.72% |
| Payout Consistency | 77.9% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 23.1% |
| Relative Tail Risk | -14.1% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.64 |
| Alpha | -9.05 |
| Character TTM | |
|---|---|
| Beta | -1.254 |
| Beta Downside | -1.363 |
| Drawdowns 3y | |
|---|---|
| Max DD | 48.73% |
| CAGR/Max DD | -0.37 |
Description: AAPD Direxion Daily AAPL Bear December 22, 2025
The Direxion Daily AAPL Bear 1X Shares (ticker AAPD) seeks to deliver the opposite of Apple Inc.’s daily performance by maintaining at least 80 % of its net assets (plus any investment-purpose borrowings) in swaps, options, and related derivatives that together provide a 1× inverse exposure to the Apple stock index.
Key facts: Apple’s market capitalization sits near $2.8 trillion, with FY 2024 revenue of $383 billion and a trailing-12-month P/E around 28×. The stock’s 30-day implied volatility has averaged roughly 28 % this year, making short-beta products like AAPD particularly sensitive to price swings. Apple’s earnings are driven by iPhone shipments, services revenue (which grew 9 % YoY in Q3 2025), and macro-level consumer-spending trends that react to Fed policy and global supply-chain dynamics.
Because AAPD resets its exposure daily, compounding effects can cause its performance to diverge from a simple inverse of Apple’s longer-term returns, especially in volatile markets. The fund is classified as “non-diversified,” meaning it may hold a concentrated position in a single underlying asset, which amplifies both upside-capture risk and downside-risk for investors.
For a deeper quantitative breakdown of AAPD’s performance dynamics, you might explore ValueRay’s analytics platform.
What is the price of AAPD shares?
Over the past week, the price has changed by -6.89%, over one month by -5.52%, over three months by -2.23% and over the past year by -19.18%.
Is AAPD a buy, sell or hold?
What are the forecasts/targets for the AAPD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 12 | -6.7% |
AAPD Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 22.4m USD (22.4m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 22.4m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 22.4m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 1.29% (E(22.4m)/V(22.4m) * Re(1.29%) + (debt-free company))
Discount Rate = 1.29% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)