Direxion Shares ETF Trust Direxion Daily AI and Big Data Bear 2X SharesDirexion Shares ETF Trust Direxion Daily AI and Big Data Bear 2X SharesDirexion Shares ETF Trust Direxion Daily AI and Big Data Bear 2X Shares

Direxion Shares ETF Trust Direxion Daily AI and Big Data Bear 2X Shares

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Key stats


Assets under management (AUM)
‪1.57 M‬USD
Fund flows (1Y)
‪650.17 K‬USD
Dividend yield (indicated)
5.32%
Discount/Premium to NAV
−0.008%
Shares outstanding
‪125.00 K‬
Expense ratio
1.04%

About Direxion Shares ETF Trust Direxion Daily AI and Big Data Bear 2X Shares


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Home page
Inception date
May 15, 2024
Structure
Open-Ended Fund
Index tracked
Solactive US AI & Big Data Index - Benchmark TR Gross
Replication method
Synthetic
Management style
Passive
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


Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Robotics & AI
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Mutual fund
Bonds, Cash & Other100.00%
Cash84.15%
Mutual fund15.85%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to AIBD via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
AIBD trades at 12.62 USD today, its price has risen 0.40% in the past 24 hours. Track more dynamics on AIBD price chart.
AIBD net asset value is 12.62 today — it's fallen 20.44% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
AIBD assets under management is ‪1.57 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
AIBD price has fallen by −24.61% over the last month, and its yearly performance shows a −49.39% decrease. See more dynamics on AIBD price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −20.44% over the last month, showed a −19.43% decrease in three-month performance and has decreased by −19.40% in a year.
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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
AIBD invests in cash. See more details in our Analysis section.
AIBD expense ratio is 1.04%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
AIBD is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, AIBD technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating AIBD shows the strong sell signal. See more of AIBD technicals for a more comprehensive analysis.
Yes, AIBD pays dividends to its holders with the dividend yield of 5.32%.
AIBD trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
AIBD shares are issued by Rafferty Asset Management LLC
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.
The fund started trading on May 15, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.