Direxion Daily AI and Big Data Bull 2X ETF
$71.34−0.77 (−1.06%)
- Expense ratio
- 1.05%
- Fund size
- $25M
- 1Y return
- +33.9%
- Yield · Last 12 months
- 1.47%
- Holdings
- 35
- Volume · 30D
- 0M sh
- NAV per share
- $67.13
- 52W range
The ETF.net AIBU Grade
Score 48 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 46Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 41Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 58Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 56Category rank
Our read on AIBU
CMost daily leveraged ETFs amplify the whole market. AIBU aims for 200% of the daily move of a roughly 40-stock US AI and big data index: one theme, two times, reset every trading day.
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
- Targets 200% of the Solactive US AI & Big Data Index's daily move before fees. A single-theme amplification tool, not a broad-market fund with some AI sprinkled in.
- 2x, not 3x. A step down in daily amplification from the 3x funds that dominate the leveraged shelf, including Direxion's own FAS, on the same daily-reset plumbing.
- 1.05% expense ratio: the going rate for daily leveraged funds, with no extra toll for the thematic wrapper.
- The index runs about 40 US AI and big data names, so the exposure stays recognizably thematic rather than sliding into a generic mega-cap basket.
Worth knowing
- The 200% target resets every trading day. Over longer holds compounding takes the wheel, and results can diverge from 2x the index, especially through choppy stretches.
- A small, lightly traded fund, which usually means wider bid-ask spreads at the point of trade than the household-name leveraged products.
- Launched in 2024, so its track record covers a short, AI-heavy stretch of markets rather than a full cycle.
AIBU Holdings
- Stocks
- 35
- 77%
- SOLUSAIP SWAP ASSET LEG (SOLUSAGSL)
Sectors
- Technology81.2%
- Communication10.5%
- Consumer Discr.7.3%
- Health Care1.0%
Geography
- United States92.43%
- Taiwan7.28%
- China0.21%
- United Kingdom0.08%
AIBU Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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.
| Period | AIBU |
|---|---|
| Year to date | +46.1% |
| 1 month | +13.5% |
| 3 months | +11.9% |
| 1 year | +33.9% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | AIBU |
|---|---|---|
| 2026 YTD | +46.1% | |
| 2025 | +42.2% | |
| 2024 | +38.3% |
AIBU in the news
ETF.net Research hasn’t filed on AIBU yet — coverage lands here as it’s written.
AIBU Dividends
- 1.47%
- $1.06
- $1.06 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 10, 2025 | Dec 17, 2025 | $1.06 |
| Jun 24, 2025 | Jul 1, 2025 | $0.04 |
| Mar 25, 2025 | Apr 1, 2025 | $0.02 |
| Dec 12, 2024 | Dec 19, 2024 | $0.43 |
| Sep 24, 2024 | Oct 1, 2024 | $0.02 |
| Jun 25, 2024 | Jul 2, 2024 | $0.02 |
AIBU Risk
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.
- 57.1%
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.
- 0.96
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.
- −51.2%
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.
- 4.22
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
AIBU Cost
- The middle half of Leveraged Long (2x & Other) funds
- Median 0.99%
53 of the 93 Leveraged Long (2x & Other) funds charge less.