AIBD vs. YQQQ

Last updated Jul 17, 2026

AIBD (Direxion Daily AI and Big Data Bear 2X Shares) and YQQQ (YieldMax Short N100 Option Income Strategy ETF) are both exchange-traded funds - AIBD is a Inverse Equities fund tracking the Solactive US AI & Big Data Index, while YQQQ is a Derivative Income fund actively managed by YieldMax. AIBD is passively managed, while YQQQ is actively managed. Over the past year, AIBD returned -39.60% vs -7.48% for YQQQ. Their correlation of 0.80 suggests significant overlap in exposure. AIBD charges 1.05%/yr vs 0.99%/yr for YQQQ.

Performance

AIBD vs. YQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily AI and Big Data Bear 2X Shares (AIBD) and YieldMax Short N100 Option Income Strategy ETF (YQQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIBD achieves a -26.00% return, which is significantly lower than YQQQ's -4.79% return.

AIBD

• 1D: 5.39%
• 1M: 9.76%
• 6M: -24.63%
• YTD: -26.00%
• 1Y: -39.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

YQQQ

• 1D: 0.84%
• 1M: 4.23%
• 6M: -4.70%
• YTD: -4.79%
• 1Y: -7.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AIBD vs. YQQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AIBD Direxion Daily AI and Big Data Bear 2X Shares	-26.00%	-49.15%	-29.97%
YQQQ YieldMax Short N100 Option Income Strategy ETF	-4.79%	-9.97%	-5.17%

Correlation

The correlation between AIBD and YQQQ is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (All Time) Calculated using the full available price history since Aug 15, 2024	0.80

The correlation between AIBD and YQQQ has been stable across timeframes, ranging from 0.74 to 0.80 - a consistent structural relationship.

Return for Risk

AIBD vs. YQQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AIBD

AIBD Risk / Return Rank: 3
AIBD Sharpe Ratio Rank: 3
AIBD Sortino Ratio Rank: 4
AIBD Omega Ratio Rank: 4
AIBD Calmar Ratio Rank: 4
AIBD Martin Ratio Rank: 2

YQQQ

YQQQ Risk / Return Rank: 5
YQQQ Sharpe Ratio Rank: 5
YQQQ Sortino Ratio Rank: 5
YQQQ Omega Ratio Rank: 5
YQQQ Calmar Ratio Rank: 6
YQQQ Martin Ratio Rank: 6

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AIBD vs. YQQQ - 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 YieldMax Short N100 Option Income Strategy ETF (YQQQ). 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	YQQQ	Difference
Sharpe ratio: Return per unit of total volatility	-0.72	-0.54	-0.19
Sortino ratio: Return per unit of downside risk	-0.91	-0.67	-0.24
Omega ratio: Gain probability vs. loss probability	0.90	0.92	-0.02
Calmar ratio: Return relative to maximum drawdown	-0.68	-0.34	-0.33
Martin ratio: Return relative to average drawdown	-1.41	-0.79	-0.62

AIBD vs. YQQQ - Sharpe Ratio Comparison

The current AIBD Sharpe Ratio is -0.72, which is lower than the YQQQ Sharpe Ratio of -0.54. The chart below compares the historical Sharpe Ratios of AIBD and YQQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AIBD vs. YQQQ - Drawdown Comparison

The maximum AIBD drawdown since its inception was -82.11%, which is greater than YQQQ's maximum drawdown of -29.10%. Use the drawdown chart below to compare losses from any high point for AIBD and YQQQ.

Drawdown Indicators

	AIBD	YQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-82.11%	-29.10%	-53.01%
Max Drawdown (1Y) Largest decline over 1 year	-58.75%	-21.80%	-36.95%
Current Drawdown Current decline from peak	-77.48%	-24.89%	-52.59%
Average Drawdown Average peak-to-trough decline	-49.73%	-14.96%	-34.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.63%	9.51%	+19.12%

Volatility

AIBD vs. YQQQ - Volatility Comparison

Direxion Daily AI and Big Data Bear 2X Shares (AIBD) has a higher volatility of 15.87% compared to YieldMax Short N100 Option Income Strategy ETF (YQQQ) at 5.41%. This indicates that AIBD's price experiences larger fluctuations and is considered to be riskier than YQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIBD	YQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.87%	5.41%	+10.46%
Volatility (6M) Calculated over the trailing 6-month period	42.24%	11.70%	+30.54%
Volatility (1Y) Calculated over the trailing 1-year period	54.86%	13.94%	+40.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.20%	16.55%	+40.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.20%	16.55%	+40.65%

AIBD vs. YQQQ - Expense Ratio Comparison

AIBD has a 1.05% expense ratio, which is higher than YQQQ's 0.99% expense ratio.

Dividends

AIBD vs. YQQQ - Dividend Comparison

AIBD's dividend yield for the trailing twelve months is around 3.41%, less than YQQQ's 29.72% yield.

Position	TTM	2025	2024
AIBD Direxion Daily AI and Big Data Bear 2X Shares	3.41%	4.37%	3.58%
YQQQ YieldMax Short N100 Option Income Strategy ETF	29.72%	31.71%	7.88%

Frequently Asked Questions

Can I hold both AIBD and YQQQ in my portfolio?

AIBD and YQQQ have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AIBD or YQQQ?

AIBD has higher volatility (15.87%) compared to YQQQ (5.41%). In terms of maximum drawdown, AIBD dropped -82.11% vs YQQQ's -29.10%.

Which ETF is better, AIBD or YQQQ?

On 1-year performance, YQQQ leads with -7.48% vs -39.60% for AIBD. On fees, YQQQ is cheaper at 0.99% per year. On volatility, YQQQ has been the lower-risk option at 5.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIBD or YQQQ?

Over the 1-year period, YQQQ has performed better with a -7.48% return vs -39.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIBD or YQQQ?

YQQQ is cheaper with a 0.99% expense ratio, compared with 1.05% for AIBD.

Which ETF pays a higher dividend yield, AIBD or YQQQ?

YQQQ has the higher dividend yield at 29.72%, compared with 3.41% for AIBD.

What is the main difference between AIBD and YQQQ?

AIBD is categorized as Inverse Equities, while YQQQ is Derivative Income. They also come from different issuers: Direxion and YieldMax. Their fees differ too: 1.05% for AIBD and 0.99% for YQQQ.

Which has better risk-adjusted returns?

YQQQ currently has the higher Sharpe Ratio (-0.54 vs -0.72), 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.