AAPD’s 3.43% Yield Looks Great Until You See the 40% Hangover

Quick Read AAPD tracks inverse of Apple (AAPL) daily returns. Its distributions come from interest income not dividends. AAPD annual distributions fell 21.3% to $0.695 in 2024 as Fed rate cuts reduced collateral income. AAPD lost nearly 40% since August 2022 due to Apple’s rise and volatility decay from daily rebalancing. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here. Direxion Daily AAPL Bear 1X S ...