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SPXS vs AIBD

Direxion Daily S&P 500 Bear 3X Shares vs Direxion Daily AI And Big Data Bear 2X Shares

SPXS

Direxion Daily S&P 500 Bear 3X Shares

Direxion Funds

Annual cost

1.04%

Fund size

$388M

AIBD

Direxion Daily AI And Big Data Bear 2X Shares

Direxion Funds

Annual cost

1.05%

Fund size

$4M

Key differences

  • SPXS is significantly larger than AIBD — larger funds tend to be more liquid and less likely to close.
  • SPXS follows a leveraged strategy; AIBD uses inverse.
  • SPXS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SPXSAIBD
Annual cost (TER)1.04%1.05%
Fund size (AUM)$388M$4M
Since20082024
Dividend yield4.29%4.20%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedinverse
CAGR 1Y-50.4%-56.4%
CAGR 3Y-43.7%N/A
CAGR 5Y-35.1%N/A
Sharpe 3Y-1.15N/A
Volatility 1Y36.05%50.58%
Max drawdown-99.61%-78.37%

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

Similar to SPXS and AIBD