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 Artificial Intelligence 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 -30.33% vs 81.74% for AIVC. Their -0.78 correlation means they have often moved in opposite directions in the past. 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 -21.70% return, which is significantly lower than AIVC's 48.81% return.
AIBD
- 1D
- -0.54%
- 1M
- 1.44%
- 6M
- -20.46%
- YTD
- -21.70%
- 1Y
- -30.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -45.76%
AIVC
- 1D
- -0.35%
- 1M
- -8.08%
- 6M
- 39.37%
- YTD
- 48.81%
- 1Y
- 81.74%
- 3Y*
- 39.38%
- 5Y*
- 14.57%
- 10Y*
- 14.58%
- ALL TIME*
- 14.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $452.21K | $364.84K | $458.87K | |
| $1.15M | $1.92M | $2.78M |
AIBD vs. AIVC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AIBD Direxion Daily AI and Big Data Bear 2X Shares | -21.70% | -49.15% | -34.56% |
AIVC Amplify Bloomberg AI Value Chain ETF | 48.81% | 39.94% | 6.87% |
Correlation
The correlation between AIBD and AIVC is -0.78, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.78 |
Correlation (All Time) Calculated using the full available price history since May 15, 2024 | -0.78 |
The correlation between AIBD and AIVC has been stable across timeframes, ranging from -0.78 to -0.78 - 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AIBD | AIVC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.95 | ||
| Sortino ratioReturn per unit of downside risk | -3.36 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.36 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.52 | 4.52 | -5.04 |
| Martin ratioReturn relative to average drawdown | -1.04 | 13.50 | -14.54 |
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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 | -58.75% | -18.18% | -40.57% |
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 | -76.17% | -18.18% | -57.99% |
Average DrawdownAverage peak-to-trough decline | -50.08% | -16.35% | -33.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.19% | 6.07% | +23.12% |
Volatility
AIBD vs. AIVC - Volatility Comparison
Direxion Daily AI and Big Data Bear 2X Shares (AIBD) has a higher volatility of 15.50% compared to Amplify Bloomberg AI Value Chain ETF (AIVC) at 12.53%. 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 | 15.50% | 12.53% | +2.97% |
Volatility (6M)Calculated over the trailing 6-month period | 42.24% | 29.03% | +13.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.08% | 34.36% | +20.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.09% | 31.17% | +25.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.09% | 27.38% | +29.71% |
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 3.22%, more than AIVC's 0.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
AIBD Direxion Daily AI and Big Data Bear 2X Shares | 3.22% | 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 | 0.11% | 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 -0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AIBD has higher volatility (15.50%) compared to AIVC (12.53%). In terms of maximum drawdown, AIBD dropped -82.11% vs AIVC's -56.11%.
On 1-year performance, AIVC leads with 81.74% vs -30.33% for AIBD. On fees, AIVC is cheaper at 0.59% per year. On volatility, AIVC has been the lower-risk option at 12.53%. 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 81.74% return vs -30.33%. 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 3.22%, compared with 0.11% for AIVC.
AIBD is categorized as Artificial Intelligence, 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 (2.40 vs -0.55), 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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