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
AIBD
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
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 12/03/2024.
Net Asset Value (NAV)
Market Price Closing
Net Asset Value (NAV)
Market Price Closing
1M | 3M | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Expense Ratio* (Gross / Net%) | Inception Date | |
---|---|---|---|---|---|---|---|---|---|---|
AIBU NAV | 18.61 | 30.23 | — | — | — | — | — | 42.06 | 1.09 / 1.07* | 05/15/2024 |
AIBU Market Close | 18.26 | 30.46 | — | — | — | — | — | 42.25 | 1.09 / 1.07* | 05/15/2024 |
AIBD NAV | -16.42 | -25.31 | — | — | — | — | — | -33.92 | 1.09 / 1.07* | 05/15/2024 |
AIBD Market Close | -16.68 | -25.91 | — | — | — | — | — | -34.27 | 1.09 / 1.07* | 05/15/2024 |
As of November 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 | |
---|---|
Meta Platforms A | 8.86% |
Nvidia | 7.36% |
Apple | 7.28% |
Amazon.Com Inc | 7.09% |
Microsoft | 6.94% |
Alphabet Inc-Cl | 6.55% |
Oracle Sys | 5.25% |
Servicenow | 5.21% |
Intl Business Machines Corporation | 5.06% |
Arista Networks | 4.89% |
Index Sector Weightings
% of Total | |
---|---|
Software | 31.77% |
Semiconductors & Semiconductor Equipment | 21.69% |
Interactive Media & Services | 15.41% |
IT Services | 11.36% |
Technology Hardware, Storage & Peripherals | 7.28% |
Broadline Retail | 7.09% |
Communications Equipment | 4.89% |
Professional Services | 0.26% |
Health Care Providers & Services | 0.24% |
Distributions
AIBU Direxion Daily AI and Big Data Bull 2X Shares
Record Date | Ex Date | Pay Date | Income Dividend | Short-Term Capital Gain | Long-Term Capital Gain | |
---|---|---|---|---|---|---|
09/24/2024 | 09/24/2024 | 10/01/2024 | 0.02324 | — | — | |
06/25/2024 | 06/25/2024 | 07/02/2024 | 0.01572 | — | — | |
Record Date09/24/2024 Ex Date09/24/2024 Pay Date10/01/2024 Income Dividend0.02324 Short-Term Capital Gain— Long-Term Capital Gain— 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 Date | Ex Date | Pay Date | Income Dividend | Short-Term Capital Gain | Long-Term Capital Gain | |
---|---|---|---|---|---|---|
09/24/2024 | 09/24/2024 | 10/01/2024 | 0.24701 | — | — | |
06/25/2024 | 06/25/2024 | 07/02/2024 | 0.13254 | — | — | |
Record Date09/24/2024 Ex Date09/24/2024 Pay Date10/01/2024 Income Dividend0.24701 Short-Term Capital Gain— Long-Term Capital Gain— 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
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