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AIBD vs XAIX

Direxion Daily AI and Big Data Bear 2X ETF

AIBDFNYSE Arca

Xtrackers Artificial Intelligence and Big Data ETF

XAIXANasdaq

Overlap

0.0%by weight

Expense ratio

XAIX −0.70pt a year

AIBD1.05%XAIX0.35%

Avg volume · 30D

XAIX 2.8×the volume

AIBD7.38KXAIX20.3K

AIBD vs XAIX Performance

Oct 31, 2025 – Oct 30, 2026

−17.3%AIBD+23.2%XAIX

Oct 31, 2025 to Oct 30, 2026. AIBD −17.3%. XAIX +23.2%. Use the arrow keys to read each point.−40%0%40%60%Oct 2025Apr 2026Oct 2026
Expense ratio
AIBD 1.05%
XAIX 0.35%, better
Fund size
AIBD $6M
XAIX $150M
1Y total return
AIBD −17.3%
XAIX +23.2%, better
Yield (12M)
AIBD 3.66%, better
XAIX 0.41%
Holdings
AIBD 3
XAIX 102
Avg volume (30D)
AIBD 7.38K sh
XAIX 20.3K sh, better
NAV per share
AIBD $46.34
XAIX $54.22
52W range

ETF.net Grade

AIBD: Cost 0, Risk 9, Mission not scored, Tradability 26, Holdings not scored, Durability 45. XAIX: Cost 97, Risk 84, Mission 70, Tradability 57, Holdings 63, Durability 64.
Pillar letters and Scores for AIBD, XAIX, with each pillar’s weight
PillarAIBDXAIX
Cost30% weightF0A97Higher
Mission25% weightNot scoredA70
Risk15% weightF9A84Higher
Tradability15% weightD26B57Higher
Holdings10% weightNot scoredB63
Durability5% weightC45B64Higher

Rank among Artificial Intelligence funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AIBD and XAIX are both graded against the same 30 Artificial Intelligence funds, so their Grades compare head to head.

Artificial Intelligence⁠

Category · 30 funds
See all 30 ›

XAIX ranks 1st and AIBD 28th of 30 funds in the Artificial Intelligence Category.

  1. Rank 1AQTUMDefiance Quantum ETFScore 79
  2. Rank 1AXAIXXtrackers Artificial Intelligence and Big Data ETFScore 79
  3. Rank 3AARTYiShares Future AI & Tech ETFScore 72
  4. Rank 27FNVPSPurePlay Nvidia Ecosystem Picks & Shovels Index ETFScore 24
  5. Rank 28FAIBDDirexion Daily AI and Big Data Bear 2X ETFScore 11
  6. AIMGNot yet graded
  7. TGRZNot yet graded

Our read on each fund

ETF.net Research

AIBDFDirexion Daily AI and Big Data Bear 2X ETF

XAIXAXtrackers Artificial Intelligence and Big Data ETF

In short

AIBD Everyone else on the AI shelf is long. AIBD takes the other side, aiming for 200% of the inverse of a US AI and big data index for a single trading day. A trading tool with a one-day shelf life, not a set-and-forget short.

XAIX No data

Stated mandate

AIBD The Fund seeks daily investment results, before fees and expenses, equal to 200% of the inverse of the Solactive US AI & Big Data Index’s daily performance. It is designed for a single trading day rather than for achieving that multiple over longer periods.

XAIX No data

Why people hold it

  • AIBD The rare bear in an aisle stacked with bulls. It aims for 200% of the inverse of the Solactive US AI & Big Data Index's daily move, in an ordinary ETF wrapper.direxion.com
  • Direxion waives a big slice of the running cost: 1.05% net of a waiver through September 1, 2027, against a 2.64% gross ratio.
  • The short is aimed, not scattershot. The index behind it is a concentrated group of US software, semiconductor and internet names rather than the whole market.sec.govsec.gov 2

XAIX No data

Worth knowing

  • AIBD Returns reset daily. Over weeks, compounding takes over and results can land far from twice the index's inverse move for that stretch, in either direction.sec.gov
  • Its fee runs above what AI funds typically charge (long-only peers XAIX at 0.35%, ARTY at 0.47%), and the fund is thinly traded, so spreads and limit orders matter.
  • Exposure comes largely from total return swaps rather than actual short sales, which brings counterparty exposure and financing costs into the picture.sec.govsec.gov 2

XAIX No data

Full AIBD profile⁠

Full XAIX profile⁠

AIBD vs XAIX Holdings

How AIBD and XAIX differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of AIBD and 0.0% of XAIX.

Level by level

  • Asset classLeveraged/Inverse, Equity0.0%
  • Holdings0 in both0.0%

Sector

No Sector split for AIBD.

Country, concentration and asset class

Country by domicile

No country split for AIBD.

Concentration

Weight in the 10 largest Holdings

  • AIBD197.0%
  • XAIX45.7%

Securities held

  • AIBD0
  • XAIX101

Asset class

AIBD
Leveraged/Inverse
XAIX
Equity

Holdings

  • Only in AIBD0
  • In both0
  • Only in XAIX101

Only in AIBD

0 securities, 0.0% of AIBD by weight

Only in XAIX

101 securities, 99.6% of XAIX by weight

  • Microsoft Corp6.33%
  • Apple Inc5.38%
  • Meta Platform Inc Class A4.94%

Weight gaps

AIBD and XAIX share no securities.

All 5 AIBD holdings⁠All 103 XAIX holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AIBD vs XAIX Cost

Overpaying AIBD vs XAIX

$12,369

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

  • AIBD 1.05%

    $19,495

  • XAIX 0.35%

    $7,126

$10,000
30 years

Cost over time

  • AIBD 1.05%
  • XAIX 0.35%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530AIBD $19,495XAIX $7,126

Year by year

YearAIBDXAIXOverpaying
10$1,847$634$1,213
20$6,927$2,454$4,473
30$19,495$7,126$12,369

Expense ratio

  • 1.05%AIBD
  • 0.35%XAIX, cheaper
  • Middle half of Artificial Intelligence funds
  • Median 0.65%

XAIX cheapest of 30 funds

AIBD 30th cheapest of 30 funds

AIBD vs XAIX Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AIBD 3.66%, better
XAIX 0.41%
Payout (12M)
AIBD $1.88
XAIX $0.22
Last payment
AIBD $0.50
XAIX $0.10
Ex-dividend
AIBD Sep 22, 2026
XAIX Jun 18, 2026
Paid on
AIBD Sep 29, 2026
XAIX Jun 26, 2026
Frequency
AIBD Quarterly
XAIX Twice a year

Distribution history

Per share, 2024 to 2026, same scale for both

AIBDQuarterly · 10 paymentsAll AIBD payments⁠
One bar per payment. 10 payments from 2024 to 2026 YTD. Jun 25, 2024 $1.33; Sep 24, 2024 $2.47; Dec 23, 2024 $1.82; Mar 25, 2025 $1.10; Jun 24, 2025 $1.21; Sep 23, 2025 $0.59; Dec 23, 2025 $0.48; Mar 24, 2026 $0.44; Jun 23, 2026 $0.45; Sep 22, 2026 $0.50. Use the arrow keys to read each point.$0$2.502026YTD
XAIXTwice a year · 4 paymentsAll XAIX payments⁠
One bar per payment. 4 payments from 2024 to 2026 YTD. Dec 20, 2024 $0.03; Jun 20, 2025 $0.11; Dec 19, 2025 $0.12; Jun 18, 2026 $0.10. Use the arrow keys to read each point.$0$2.502026YTD

AIBD vs XAIX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AIBD 48.5%since Jun 2024XAIX 26.1%since Sep 2024
Return per unit of riskSharpe ratio, 3 years
AIBD −1.08since Jun 2024XAIX 0.98since Sep 2024
Worst fallMax drawdown, 5 years
AIBD −83.6%since May 2024XAIX −24.0%since Aug 2024
Market sensitivityBeta, 5 years
AIBD −3.32XAIX 1.75

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