ETF Evaluator: Direxion Daily AI And Big Data Bull 2X (AIBU) Follow This ETF

Direxion Daily AI And Big Data Bull 2X Overview

Direxion Daily AI And Big Data Bull 2X (AIBU) is a passively managed Miscellaneous Trading--Leveraged Equity exchange-traded fund (ETF). Direxion Funds launched the ETF in 2024.

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Solactive U.S. AI & Big Data Index. The index is designed by Solactive AG to represent the securities of companies from the United States that have business operations in the field of artificial intelligence (“AI”) applications and big data. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index. The fund is non-diversified.

About Direxion Daily AI And Big Data Bull 2X (AIBU)

There are 2 members of the management team with an average tenure of 2.30 years: Tony Ng (2024) and Paul Brigandi (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Solactive US AI & Big Data USD index with a weighting of 200%. Direxion Daily AI And Big Data Bull 2X has 47 securities in its portfolio. The top 10 holdings constitute 80.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Direxion Daily AI And Big Data Bull 2X is part of the Other global asset class and is within the Miscellaneous ETF group. Direxion Daily AI And Big Data Bull 2X has 2.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 34.3% There is 2.9% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Direxion Daily AI And Big Data Bull 2X has 3.9% of the portfolio in cash.

Assets Under Management

The fund has $24 million in total assets, which is below the $270 million average for the Trading--Leveraged Equity category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

AIBU Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Direxion Daily AI And Big Data Bull 2X expense ratio is high compared to funds in the Trading--Leveraged Equity category. Direxion Daily AI And Big Data Bull 2X has an expense ratio of 0.96%, which is the same as its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Direxion Daily AI And Big Data Bull 2X has a portfolio turnover rate of 113%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 1539% for the Trading--Leveraged Equity category.

Recently, in the month of August 2026, Direxion Daily AI And Big Data Bull 2X returned 12.4%, which earned it a grade of B, as the Trading--Leveraged Equity category had an average return of 10.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Direxion Daily AI And Big Data Bull 2X has a trailing yield of 0.00%, which is below the 5.59% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Direxion Daily AI And Big Data Bull 2X Grades

Year to date, the ETF has returned 30.9%, 21.1 percentage points better than the category, which translates into a grade of B. The fund has returned 40.7% over the past year (grade of B).

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