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Leveraged & Inverse ETFs

Direxion Daily AI and Big Data Bull and Bear 2X Shares

The Direxion Daily AI and Big Data Bull and Bear 2X Shares seek daily investment results, before fees and expenses, of 200%, or 200% of the inverse (or opposite), of the performance of the Solactive US AI & Big Data Index. There is no guarantee the funds will achieve their stated investment objectives.

Investing in a Direxion Shares ETF may be more volatile than investing in broadly diversified funds. The use of leverage by a Fund increases the risk to the Fund. The Direxion Shares ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk, consequences of seeking daily leveraged, or daily inverse leveraged, investment results and intend to actively monitor and manage their investment.

 

AIBU

NAV (Net Asset Value)$29.42As of Jul 22, 2024
1 Day NAV change$+1.06(+3.75%)As of Jul 22, 2024

AIBD

NAV (Net Asset Value)$21.03As of Jul 22, 2024
1 Day NAV change$-0.81(-3.73%)As of Jul 22, 2024
AIBUDirexion Daily AI and Big Data Bull 2X Shares
Daily Target
+200%
Daily NAV
$29.42
Daily Market Price
$29.44
Expense Ratio
(gross/net %)
1.09 / 1.07*
Daily Volume
14,577
Security Identifier
25461A718
Inception Date
May 15, 2024
AIBDDirexion Daily AI and Big Data Bear 2X Shares
Daily Target
-200%
Daily NAV
$21.03
Daily Market Price
$21.06
Expense Ratio
(gross/net %)
1.09 / 1.07*
Daily Volume
42
Security Identifier
25461A692
Inception Date
May 15, 2024

Operational Updates

  • 05/15/2024
    Direxion launches AIBU & AIBD Leveraged & Inverse ETFs
    Read Press Release
  • 01/23/2024
    Direxion's New ETF Alert Service. Get Price and Volume Alerts automatically via text message!
    Direxion ETF Alerts

Documents & Downloads

  • AIBU AIBD Fact Sheet (pdf)
  • Direxion ETFs List (pdf)
  • AIBU Prospectus
  • AIBD Prospectus
  • Daily Fund Holdings (csv)

These leveraged ETFs seek a return that is 200% or -200% of the return of their benchmark index for a single day. The funds should not be expected to provide two times or negative two times the return of the benchmark’s cumulative return for periods greater than a day.

 

Pricing & Performance

NAV and Market Price information as of 07/22/2024.

AIBU Direxion Daily AI and Big Data Bull 2X Shares
Net Asset Value (NAV)
$29.42Nav
$+1.06Change
+3.75%Change
Market Price Closing
$29.44Market
$+1.09Change
+3.84%Change
Premium / Discount
$+0.02Change from Last Day Trading
Premium/Discount tool
AIBD Direxion Daily AI and Big Data Bear 2X Shares
Net Asset Value (NAV)
$21.03Nav
$-0.81Change
-3.73%Change
Market Price Closing
$21.06Market
$-0.82Change
-3.76%Change
Premium / Discount
$+0.03Change from Last Day Trading
Premium/Discount tool
Loading chart...
1M3MYTD1Y3Y5Y10YSince
Inception
Expense Ratio*
(Gross / Net%)
Inception
Date
AIBU NAV
14.02
13.96
1.09 / 1.07*
05/15/2024
AIBU Market Close
14.55
14.22
1.09 / 1.07*
05/15/2024
AIBD NAV
-12.16
-12.16
1.09 / 1.07*
05/15/2024
AIBD Market Close
-12.58
-12.24
1.09 / 1.07*
05/15/2024

As of June 30, 2024

The Primary Listing Exchange is the NYSE Arca, Inc.

*The Net Expense Ratio includes management fees, other operating expenses and Acquired Fund Fees and Expenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.95%. The Funds’ adviser, Rafferty Asset Management, LLC (“Rafferty”), has entered into an Operating Expense Limitation Agreement with each Fund. Under the Operating Expense Limitation Agreement, Rafferty has contractually agreed to waive all or a portion of its management fee and/or reimburse a Fund for Other Expenses through September 1, 2025, to the extent that a Fund’s Total Annual Fund Operating Expenses exceed 0.95% of the Fund’s average daily net assets (excluding, as applicable, among other expenses, taxes, swap financing and related costs, acquired fund fees and expenses, dividends or interest on short positions, other interest expenses, brokerage commissions and extraordinary expenses). If these expenses were included, the expense ratio would be higher.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized. For the most recent month-end performance please visit the funds’ website at direxion.com.

Short-term performance, in particular, is not a good indication of a fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund’s prospectus.

 

Index Information

The Solactive US AI & Big Data Index is designed by Solactive AG (the “Index Provider”) 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. One cannot invest directly in an index.

 

Index Top Ten Holdings

% of Total
Nvidia
9.57%
Apple
8.42%
Alphabet Inc Class A
7.99%
Microsoft
7.30%
Amazon.Com Inc
7.14%
Meta Platforms A
6.83%
Arista Networks
5.42%
Palantir Technologies Shares Class A
4.71%
Synopsys
4.47%
Microchip Technology
4.33%

Index Sector Weightings

% of Total
Software
26.08%
Semiconductors & Semiconductor Equipment
22.46%
Interactive Media & Services
14.83%
Technology Hardware, Storage & Peripherals
8.42%
IT Services
7.75%
Broadline Retail
7.14%
Professional Services
6.58%
Communications Equipment
5.42%
Health Care Equipment & Supplies
0.57%
Health Care Providers & Services
0.45%
Consumer Finance
0.21%
Distributors
0.10%
Index data as of 06/30/2024. Index sector weightings and top holdings are subject to change.

View Daily Fund Holdings

Distributions

AIBU Direxion Daily AI and Big Data Bull 2X Shares

Record DateEx DatePay DateIncome DividendShort-Term Capital GainLong-Term Capital Gain
06/25/202406/25/202407/02/20240.01572
Record Date06/25/2024
Ex Date06/25/2024
Pay Date07/02/2024
Income Dividend0.01572
Short-Term Capital Gain
Long-Term Capital Gain

AIBD Direxion Daily AI and Big Data Bear 2X Shares

Record DateEx DatePay DateIncome DividendShort-Term Capital GainLong-Term Capital Gain
06/25/202406/25/202407/02/20240.13254
Record Date06/25/2024
Ex Date06/25/2024
Pay Date07/02/2024
Income Dividend0.13254
Short-Term Capital Gain
Long-Term Capital Gain

Documents

How to Trade

ETFs are generally available for purchase on exchanges, much like stocks—and can be bought and sold throughout the trading day whenever exchanges are open. Direxion ETFs cannot be purchased directly from Direxion, but are available for trading on most trading platforms.

We strongly recommend that you take the time to educate yourself on how leveraged and inverse ETFs function and behave in various market conditions before you endeavor to trade them in your account. It’s always a good idea to consult a financial advisor or brokerage account representative if you have questions about any ETFs.

Please note, your advisor or broker may charge commissions or other transaction fees. If you have any questions specific to Direxion products, please contact us direct at [email protected] or 866-476-7523.

Operational Updates

  • 05/15/2024
    Direxion launches AIBU & AIBD Leveraged & Inverse ETFs
    Read Press Release
  • 01/23/2024
    Direxion's New ETF Alert Service. Get Price and Volume Alerts automatically via text message!
    Direxion ETF Alerts

Documents & Downloads

How to Trade

While you can't trade our funds from our website, investors still have multiple options for buying Direxion ETFs
Learn More About Trading Direxion ETFs

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