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)
‪2.11 M‬USD
Fund flows (1Y)
‪650.17 K‬USD
Dividend yield (indicated)
4.47%
Discount/Premium to NAV
0.4%

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


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Expense ratio
1.07%
Home page
Inception date
May 15, 2024
Index tracked
Solactive US AI & Big Data Index - Benchmark TR Gross
Management style
Passive
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
Weighting scheme
Market cap
Selection criteria
Market cap

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 20, 2024
Exposure type
Bonds, Cash & Other
Cash
Mutual fund
Bonds, Cash & Other100.00%
Cash78.16%
Mutual fund21.84%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows