Key stats
About Direxion Shares ETF Trust Direxion Daily AI and Big Data Bear 2X Shares
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Inception date
May 15, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
AIBD offers daily -2x exposure to an index composed of 30 pure-play companies involved in artificial intelligence or AI-driven services, data analytics & big data, and natural language processing industries. The fund primarily invests in financial instruments, such as swaps, futures, and ETFs tracking the index, to provide leveraged exposure in line with its objectives. Additionally, it may hold both index and non-index securities. A proprietary natural language processing algorithm is employed to analyze various sources and documents to identify and calculate a relevance score. Stock selection and weighting are based on this score. Up to one-third of the fund's assets may be used for securities lending purposes. Rebalancing occurs quarterly. As a leveraged product with a -2x factor resetting daily, AIBD is not designed for buy-and-hold investment and should not be expected to provide index leverage returns greater than one day.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Mutual fund
Bonds, Cash & Other100.00%
Cash83.23%
Mutual fund16.77%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
AIBD last dividends amounted to 0.11 USD. The quarter before, the issuer paid 0.18 USD in dividends, which shows a 66.20% decrease.
AIBD assets under management is 1.42 M USD. It's fallen 13.20% over the last month.
AIBD fund flows account for 650.17 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, AIBD pays dividends to its holders with the dividend yield of 5.75%. The last dividend (Apr 1, 2025) amounted to 0.11 USD. The dividends are paid quarterly.
AIBD shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on May 15, 2024, and its management style is Passive.
AIBD expense ratio is 1.04% meaning you'd have to pay 1.04% of your investment to help manage the fund.
AIBD follows the Solactive US AI & Big Data Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
AIBD invests in cash.
AIBD price has fallen by −8.56% over the last month, and its yearly performance shows a −51.13% decrease. See more dynamics on AIBD price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −20.90% over the last month, showed a −36.76% decrease in three-month performance and has decreased by −26.12% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −20.90% over the last month, showed a −36.76% decrease in three-month performance and has decreased by −26.12% in a year.
AIBD trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.