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Upturn AI Summary
Daily AAPL Bear 1X ETF(AAPD)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for AAPD
09/25/2026: AAPD (1-star) is currently NOT-A-BUY. Pass it for now.
AAPD provides daily inverse (-1x) exposure to Apple Inc. common stock using derivative instruments like swaps. It is designed as a tactical tool for active traders rather than a long-term investment, offering a convenient way to bet against Apple without using margin. Its primary strengths are high intraday liquidity and ease of access for bearish positions, though it carries substantial risks, including compounding error and total loss potential if Apple stock rallies. It is best suited for experienced investors who monitor market signals closely and can manage the high risks associated with daily-reset leveraged products.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | This fund is designed for short-term tactical hedging rather than long-term growth objectives. |
| Momentum investor | Strong fit while signal remains positive | Momentum traders may use this to profit from daily downturns in Apple's stock price. |
| Value investor | Weak fit | This ETF is a speculative instrument and not suitable for long-term valuation-based investing. |
| Dividend/Income investor | Weak fit | The fund does not produce income and carries the risk of loss due to daily resetting. |
| Low-risk investor | Weak fit | The inverse and daily-reset nature of the fund introduces substantial risk that is unsuitable for low-risk portfolios. |
Investor Profile
Ideal Investor Profile
Sophisticated, active traders seeking intraday exposure to profit from downward moves in Apple stock.
Suitability
Strictly for active traders; not appropriate for long-term investors or passive index followers.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | Inverse exposure to a high-beta stock like Apple inherently results in extreme daily price swings. |
| Market risk | High | The fund is directly exposed to the market price movements of a single security. |
| Concentration | High | Being tied to a single stock means the fund has no diversification to mitigate company-specific risk. |
| Tracking/expense | Medium | Daily rebalancing and derivative costs create tracking error and impact net returns. |
| Liquidity | Medium | Trading costs can increase during periods of market stress or low volume. |
| Business/sector quality | High | The health and performance of the tech sector significantly influence the underlying stock's volatility. |
Risk Analysis
Volatility
AAPD exhibits extreme volatility due to its -1x inverse relationship with a single high-beta stock.
Market Risk
The primary risk is the positive performance of Apple Inc. stock, which leads to capital erosion.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Derivatives | Apple Inc. (AAPL) — seeks -1x daily return | 95 | This position provides the inverse daily performance exposure required to meet the fund's objective. |
| Cash/collateral | Cash and Cash Equivalents | 5 | Collateral is held to support the fund's derivative positions and facilitate daily liquidity. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type ETF | Historic Profit -32.45% | Avg. Invested days 25 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/25/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Sep 25, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $16.85M |
| Issuer | Direxion Funds |
| Expense Ratio | 1.06% |
| Distribution Yield | 3.6% |
| Inception | Aug 8, 2022 |
| Index Tracked | Apple Inc. (100%) |
Performance
| Period | Total Return |
|---|---|
| YTD | -19.86% |
| 1 Year | -29.36% |
| 3 Year | -19.38% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 21.6% |
| 3Y Volatility | 20.8% |
| 3Y Sharpe Ratio | -0.97 |
Top Sectors
| Sector | Weight |
|---|---|
| Basic Materials | 0.00% |
| Consumer Cyclicals | 0.00% |
| Financial Services | 0.00% |
| Real Estate | 0.00% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Holdings Turnover | 0.0% |
Top Holdings
| Holding | Weight |
|---|---|
| Dreyfus Government Cash Management Fund | 73.72% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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