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Launched

Direxion Daily AI and Big Data Bull 2X ETF

AIBUNYSE ArcaDirexionCThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$55.20−3.08 (−5.29%)

As of Nov 2, 2026, 3:59 PM ET

C45/ 100

Rank 33 of 99 in Leveraged Long (2x & Other)

C45/100Rank 33 of 99inLeveraged Long (2x & Other)
Intraday session: down, 78 prints from 58.28 to 55.20. Range 55.20 to 59.41. Use the arrow keys to read each point.56.0057.0059.0010 AM12 PM2 PM4 PM
Expense ratio
0.96%*
Fund size
$24M
1Y total return
−5.8%
Yield · Last 12 months
1.82%
Holdings
38
Avg volume · 30D
6.04K sh
52W range
low $32.91high $78.96
Launched

*After a fee waiver that ends Sep 1, 2027. Without it: 1.05%.

The ETF.net AIBU Grade

Based on 4 of 6 pillars

C

Score 45 out of 100

Category
Leveraged Long (2x & Other)⁠
Rank
33 of 99
Six-pillar profile for AIBU. Scores out of 100: Cost 51, Risk 38, Mission not scored, Tradability 40, Holdings not scored, Durability 56. Strongest: Durability (56). Weakest: Risk (38). Based on 4 of 6 pillars.

Score 45 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C51 out of 100
    Rank 32 of 99

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D38 out of 100
    Rank 69 of 98

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C40 out of 100
    Rank 64 of 99

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B56 out of 100
    Rank 45 of 99

Our read on AIBU

ETF.net Research

In short

CThe leveraged AI trade spread across a basket instead of one chip name: AIBU targets 200% of the daily move of a roughly 40-stock US AI and big-data index, resetting every trading day.

Stated mandate

The Fund seeks 200% of the Solactive US AI & Big Data Index’s daily performance before fees and expenses, resetting its target each trading day. It is not designed to deliver 200% of the index over periods other than one trading day.

Why people hold it

  • Written-down mandate: 200% of the daily move of the Solactive US AI & Big Data Index, before fees, reset each trading day. The index picks the AI names, not a manager.sec.gov
  • 0.96% net of a waiver through September 1, 2027 (1.05% gross), near the category's typical fee and close to QLD at 0.89% net of a waiver through September 30, 2027.
  • The dial is set at 2X, not 3X: each day's index move is doubled, spread across roughly 40 US AI and big-data stocks rather than one.direxion.com
  • Holds up in the upper half of a crowded leveraged-bull peer group.

Worth knowing

  • The 200% target is a one-day target. Over longer holds, compounding takes over and results can differ from 200% of the index, more so when the index swings.sec.gov
  • A small, lightly traded fund, so bid-ask spreads can run wider than in the category's heavyweights.
  • Launched in 2024, so there is a shorter stretch of market conditions behind it than longer-running leveraged funds.

AIBU Performance

Launched May 15, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
AIBU$9,418
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. AIBU $9,418. SPY $11,199. Use the arrow keys to read each point.$5,000$7,500$10,000$12,500Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for AIBU. Periods over one year show the average yearly return.
PeriodAIBU
Year to date+18.2%
1 month−18.3%
3 months+1.8%
1 year−5.8%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for AIBU
YearReturn barAIBU
2026 YTD+18.2%
2025+42.2%
2024+38.3%

Since listing, May 15, 2024

AIBU in the news

AIBU Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.82%Last 12 months
Payout per share
$1.06Last 12 months
Last payment
$1.06 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2024–2026

One bar per payment. 6 payments from 2024 to 2026 YTD. Jun 25, 2024 $0.02; Sep 24, 2024 $0.02; Dec 12, 2024 $0.43; Mar 25, 2025 $0.02; Jun 24, 2025 $0.04; Dec 10, 2025 $1.06. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 10, 2025Dec 17, 2025$1.06
Jun 24, 2025Jul 1, 2025$0.04
Mar 25, 2025Apr 1, 2025$0.02
Dec 12, 2024Dec 19, 2024$0.43
Sep 24, 2024Oct 1, 2024$0.02
Jun 25, 2024Jul 2, 2024$0.02

$10,000 in AIBU 1 year ago paid $168 in dividends.

AIBU Risk

Risk pillarD38 out of 100Rank 69 of 98 in Leveraged Long (2x & Other)

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
57.1%
Annualised · 29 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.83
vs 3-month T-bills · 29 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−51.2%
29 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
4.22
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

AIBU Cost

Compare AIBU and WX

Overpaying vs WX, cheapest in Leveraged Long (2x & Other)

$13,879

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

  • AIBU 0.96%

    $18,034

  • WX 0.20% Cheapest

    $4,155

$10,000
30 years

Cost over time

  • AIBU 0.96%
  • WX 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530AIBU $18,034WX $4,155

Year by year

YearAIBUWXOverpaying
10$1,695$365$1,330
20$6,383$1,421$4,962
30$18,034$4,155$13,879
How the 0.96% is worked out

Full fee 1.05%− waiver 0.09%= you pay 0.96%

The waiver ends Sep 1, 2027. After that the fee is 1.05% unless Direxion renews it. Source: prospectus, Mar 2026.

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