AIBD vs. AIVC
AIBD (Direxion Daily AI and Big Data Bear 2X Shares) and AIVC (Amplify Bloomberg AI Value Chain ETF) are both exchange-traded funds - AIBD is a Inverse Equities fund tracking the Solactive US AI & Big Data Index, while AIVC is a Technology Equities fund tracking the Bloomberg AI Value Chain Index. Both are passively managed. Over the past year, AIBD returned -59.55% vs 151.70% for AIVC. At a correlation of -0.78, they often move in opposite directions. AIBD charges 1.05%/yr vs 0.59%/yr for AIVC.
Performance
AIBD vs. AIVC - Performance Comparison
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Returns By Period
In the year-to-date period, AIBD achieves a -38.68% return, which is significantly lower than AIVC's 79.45% return.
AIBD
- 1D
- 4.30%
- 1M
- -24.36%
- YTD
- -38.68%
- 6M
- -33.54%
- 1Y
- -59.55%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AIVC
- 1D
- -1.33%
- 1M
- 30.74%
- YTD
- 79.45%
- 6M
- 79.35%
- 1Y
- 151.70%
- 3Y*
- 51.42%
- 5Y*
- 20.46%
- 10Y*
- 17.12%
AIBD vs. AIVC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AIBD Direxion Daily AI and Big Data Bear 2X Shares | -38.68% | -49.15% | -33.02% |
AIVC Amplify Bloomberg AI Value Chain ETF | 79.45% | 39.94% | 4.28% |
Correlation
The correlation between AIBD and AIVC is -0.73, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.73 |
Correlation (All Time) Calculated using the full available price history since May 16, 2024 | -0.78 |
The correlation between AIBD and AIVC has been stable across timeframes, ranging from -0.78 to -0.73 - a consistent structural relationship.
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Return for Risk
AIBD vs. AIVC — Risk / Return Rank
AIBD
AIVC
AIBD vs. AIVC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AI and Big Data Bear 2X Shares (AIBD) and Amplify Bloomberg AI Value Chain ETF (AIVC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AIBD | AIVC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.31 | ||
| Sortino ratioReturn per unit of downside risk | -7.24 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 1.69 | -0.91 |
| Calmar ratioReturn relative to maximum drawdown | -0.97 | 10.82 | -11.79 |
| Martin ratioReturn relative to average drawdown | -1.78 | 36.63 | -38.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AIBD | AIVC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.17 | 5.14 | -6.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.68 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.64 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.95 | 0.64 | -1.59 |
Drawdowns
AIBD vs. AIVC - Drawdown Comparison
The maximum AIBD drawdown since its inception was -82.11%, which is greater than AIVC's maximum drawdown of -56.11%. Use the drawdown chart below to compare losses from any high point for AIBD and AIVC.
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Drawdown Indicators
| AIBD | AIVC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.11% | -56.11% | -26.00% |
Max Drawdown (1Y)Largest decline over 1 year | -61.47% | -14.11% | -47.36% |
Max Drawdown (3Y)Largest decline over 3 years | — | -32.55% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -53.58% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.11% | — |
Current DrawdownCurrent decline from peak | -81.34% | -1.33% | -80.01% |
Average DrawdownAverage peak-to-trough decline | -48.17% | -16.43% | -31.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.38% | 4.16% | +29.22% |
Volatility
AIBD vs. AIVC - Volatility Comparison
Direxion Daily AI and Big Data Bear 2X Shares (AIBD) has a higher volatility of 14.63% compared to Amplify Bloomberg AI Value Chain ETF (AIVC) at 11.07%. This indicates that AIBD's price experiences larger fluctuations and is considered to be riskier than AIVC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AIBD | AIVC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.63% | 11.07% | +3.56% |
Volatility (6M)Calculated over the trailing 6-month period | 37.40% | 23.72% | +13.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.16% | 29.71% | +21.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.52% | 30.20% | +26.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.52% | 26.93% | +29.59% |
AIBD vs. AIVC - Expense Ratio Comparison
AIBD has a 1.05% expense ratio, which is higher than AIVC's 0.59% expense ratio.
Dividends
AIBD vs. AIVC - Dividend Comparison
AIBD's dividend yield for the trailing twelve months is around 5.68%, more than AIVC's 0.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
AIBD Direxion Daily AI and Big Data Bear 2X Shares | 5.68% | 4.37% | 3.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AIVC Amplify Bloomberg AI Value Chain ETF | 0.10% | 0.17% | 0.21% | 0.00% | 0.00% | 0.00% | 0.39% | 1.16% | 0.38% | 0.92% | 0.64% |
Frequently Asked Questions
AIBD and AIVC have a correlation of -0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AIBD has higher volatility (14.63%) compared to AIVC (11.07%). In terms of maximum drawdown, AIBD dropped -82.11% vs AIVC's -56.11%.
On 1-year performance, AIVC leads with 151.70% vs -59.55% for AIBD. On fees, AIVC is cheaper at 0.59% per year. On volatility, AIVC has been the lower-risk option at 11.07%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, AIVC has performed better with a 151.70% return vs -59.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AIVC is cheaper with a 0.59% expense ratio, compared with 1.05% for AIBD.
AIBD has the higher dividend yield at 5.68%, compared with 0.10% for AIVC.
AIBD is categorized as Inverse Equities, while AIVC is Technology Equities. AIBD tracks Solactive US AI & Big Data Index, while AIVC tracks Bloomberg AI Value Chain Index. They also come from different issuers: Direxion and Amplify. Their fees differ too: 1.05% for AIBD and 0.59% for AIVC.
AIVC currently has the higher Sharpe Ratio (5.14 vs -1.17), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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