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AIBU vs QLD

Direxion Daily AI and Big Data Bull 2X ETF

AIBUCNYSE Arca

ProShares Ultra QQQ

QLDANYSE Arca

Overlap

Expense ratio

QLD −0.07pt a year

AIBU0.96%QLD0.89%

Avg volume · 30D

QLD 686.7×the volume

AIBU6.04KQLD4.15M

AIBU vs QLD Performance

Oct 31, 2025 – Oct 30, 2026

−5.8%AIBU+10.7%QLD

Oct 31, 2025 to Oct 30, 2026. AIBU −5.8%. QLD +10.7%. Use the arrow keys to read each point.−40%−20%20%Oct 2025Apr 2026Oct 2026
Expense ratio
AIBU 0.96%
QLD 0.89%, better
Fund size
AIBU $24M
QLD $13.3B
1Y total return
AIBU −5.8%
QLD +10.7%, better
Yield (12M)
AIBU 1.82%, better
QLD 0.15%
Holdings
AIBU 38
QLD 113
Avg volume (30D)
AIBU 6.04K sh
QLD 4.15M sh, better
NAV per share
AIBU $65.26
QLD $82.56
52W range

ETF.net Grade

AIBU: Cost 51, Risk 38, Mission not scored, Tradability 40, Holdings not scored, Durability 56. QLD: Cost 72, Risk 66, Mission 95, Tradability 100, Holdings 72, Durability 81.
Pillar letters and Scores for AIBU, QLD, with each pillar’s weight
PillarAIBUQLD
Cost30% weightC51A72Higher
Mission25% weightNot scoredA95
Risk15% weightD38B66Higher
Tradability15% weightC40A100Higher
Holdings10% weightNot scoredA72
Durability5% weightB56A81Higher

Rank among Leveraged Long (2x & Other) funds

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

Same Category. AIBU and QLD are both graded against the same 95 Leveraged Long (2x & Other) funds, so their Grades compare head to head.

Leveraged Long (2x & Other)⁠

Category · 95 funds
See all 95 ›

QLD ranks 1st and AIBU 33rd of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 1AQLDProShares Ultra QQQScore 77
  2. Rank 2AUYGProShares Ultra FinancialsScore 74
  3. Rank 32CXPPProShares Ultra FTSE China 50Score 46
  4. Rank 33CAIBUDirexion Daily AI and Big Data Bull 2X ETFScore 45
  5. Rank 34CFNGGDirexion Daily NYSE FANG+ Bull 2X ETFScore 44

Our read on each fund

ETF.net Research

AIBUCDirexion Daily AI and Big Data Bull 2X ETF

QLDAProShares Ultra QQQ

In short

AIBU The 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.

QLD The 2x dial on the Nasdaq-100. QLD aims for twice the index's daily move, half the dose of the 3x crowd, and it has been running that playbook since 2006. The multiple resets every session.

Stated mandate

AIBU 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.

QLD The fund seeks daily investment results, before fees and expenses, equal to twice the daily performance of the Nasdaq-100 Index.

Why people hold it

  • AIBU 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.
  • QLD Costs 0.89% net of a waiver through September 30, 2027 (0.96% gross), below the leveraged-bull category median and under Ultra stablemates ROM (0.93%) and DDM (0.95%).
  • Hits its stated daily 2x mark with very little drift, one of the tighter implementations among the roughly 100 leveraged bull funds in its group.
  • A multi-billion-dollar, actively traded fund, so entering and exiting rarely means hunting for the other side of the trade.
  • Trading since June 2006, which makes it one of the longest-running leveraged equity funds on the US shelf rather than a recent product-shelf experiment.

Worth knowing

  • AIBU 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.
  • QLD The 2x objective covers one day only. Hold longer and daily resets plus compounding can push results away from twice the index's move over that stretch, in either direction.proshares.com
  • Magnification runs both ways: a down day in the Nasdaq-100 lands on shareholders at roughly double size, same as an up day.
  • Cheap for geared exposure, still well above a plain unleveraged Nasdaq-100 tracker. The waiver is set to lapse September 30, 2027, after which the 0.96% gross rate applies unless renewed.

Full AIBU profile⁠

Full QLD profile⁠

AIBU vs QLD 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.

AIBU vs QLD Cost

Overpaying AIBU vs QLD

$1,162

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

  • AIBU 0.96%

    $18,034

  • QLD 0.89%

    $16,872

$10,000
30 years

Cost over time

  • AIBU 0.96%
  • QLD 0.89%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530AIBU $18,034QLD $16,872

Year by year

YearAIBUQLDOverpaying
10$1,695$1,576$119
20$6,383$5,953$430
30$18,034$16,872$1,162

Expense ratio

  • 0.96%AIBU
  • 0.89%QLD, cheaper
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

QLD 28th cheapest of 95 funds

AIBU 66th cheapest of 95 funds

AIBU vs QLD Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AIBU 1.82%, better
QLD 0.15%
Payout (12M)
AIBU $1.06
QLD $0.12
Last payment
AIBU $1.06
QLD $0.03
Ex-dividend
AIBU Dec 10, 2025
QLD Sep 23, 2026
Paid on
AIBU Dec 17, 2025
QLD Sep 29, 2026
Frequency
AIBU Twice a year
QLD Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

AIBUTwice a year · 6 paymentsAll AIBU payments⁠
One bar per payment. 6 payments from 2017 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.$0$12017202020232026YTD
QLDQuarterly · 21 paymentsAll QLD payments⁠
One bar per payment. 21 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.0012; Jun 21, 2017 $0.00044; Dec 26, 2018 $0.005; Mar 20, 2019 $0.0078; Jun 25, 2019 $0.0052; Dec 24, 2019 $0.0062; Mar 25, 2020 $0.0011; Dec 22, 2022 $0.05; Sep 20, 2023 $0.09; Dec 20, 2023 $0.04; Mar 20, 2024 $0.03; Jun 26, 2024 $0.05; Sep 25, 2024 $0.03; Dec 23, 2024 $0.03; Mar 26, 2025 $0.01; Jun 25, 2025 $0.06; Sep 24, 2025 $0.02; Dec 24, 2025 $0.02; Mar 25, 2026 $0.01; Jun 24, 2026 $0.06; Sep 23, 2026 $0.03. Use the arrow keys to read each point.$0$12017202020232026YTD

AIBU vs QLD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AIBU 57.1%since Jun 2024QLD 36.7%
Return per unit of riskSharpe ratio, 3 years
AIBU 0.83since Jun 2024QLD 1.04
Worst fallMax drawdown, 5 years
AIBU −51.2%since May 2024QLD −63.7%
Market sensitivityBeta, 5 years
AIBU 4.22QLD 2.46

AIBU and QLD in the news

All news⁠

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