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Beacon

AIBUDirexion Daily AI And Big Data Bull 2X Shares

Take a bet2y track recordRanked #476 of 775 in this goal

Seeks daily investment results of 200% of the daily performance of the Index.

By Direxion Funds · Launched 2024

Annual Cost

0.96%

#4,788 of 5,562 · expensive

Fund Size

$36M

#3,868 of 5,562 · small

Return (1Y)Goal

+79.6%

Track Record

2 years

#3,568 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$17,920+79.2%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Sector

Information technology

Index tracked

Solactive US AI & Big Data Index

What it actually holds

By weight

Concentration

Top 10 holdings = 67.0% of fundconcentrated

DREYFUS GOVERNMENT CASH MANAGE
11.3%
N/A
9.6%
Broadcom Inc
6.5%
Apple Inc.
6.5%
N/A
6.4%
NVIDIA Corp.
5.9%
Amazon.com, Inc.
5.5%
Intel Corporation
5.3%
Microsoft Corp.
5.1%
N/A
4.9%

Asset allocation

Stocks
85.9%
Other
12.0%
Cash
2.1%

By sector

Technology
82.2%
Communication
10.4%
Consumer Cyclical
6.7%
Healthcare
0.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
50.1%High

Year-on-year price swings

Max drawdown
-51.2%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results of 200% of the daily performance of the Index.
Strategy
Invests primarily in financial instruments providing 2X daily leveraged exposure to an index of U.S. companies in AI and big data. The index is rebalanced semi-annually and includes companies generating significant revenue from AI applications, data analytics, and related technologies.
Inception date
May 15, 2024
Fund family
Direxion Funds

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Leveraged ETF — not a long-term hold

This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.

Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Why we flagged this: strategy=leveraged + leveraged_name_or_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19