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AIBD vs SPDN

Direxion Daily AI And Big Data Bear 2X Shares vs Direxion Daily S&P 500 Bear 1X Shares

AIBD

Direxion Daily AI And Big Data Bear 2X Shares

Direxion Funds

Annual cost

1.05%

Fund size

$4M

SPDN

Direxion Daily S&P 500 Bear 1X Shares

Direxion Funds

Annual cost

0.48%

Fund size

$219M

Key differences

  • SPDN costs 0.57% less per year.
  • SPDN is significantly larger than AIBD — larger funds tend to be more liquid and less likely to close.
  • SPDN has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

AIBDSPDN
Annual cost (TER)1.05%0.48%
Fund size (AUM)$4M$219M
Since20242016
Dividend yield4.20%3.94%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseinverse
CAGR 1Y-56.4%-18.4%
CAGR 3YN/A-13.2%
CAGR 5YN/A-9.3%
Sharpe 3YN/A-1.11
Volatility 1Y50.58%12.30%
Max drawdown-78.37%-75.08%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to AIBD and SPDN