AIBU vs. CLOU

Last updated Jun 3, 2026

AIBU (Direxion Daily AI and Big Data Bull 2X Shares) and CLOU (Global X Cloud Computing ETF) are both exchange-traded funds - AIBU is a Leveraged Equities fund tracking the Solactive US AI & Big Data Index, while CLOU is a Technology Equities fund tracking the Indxx Global Cloud Computing Index. Both are passively managed. Over the past year, AIBU returned 123.94% vs 11.58% for CLOU. A 0.67 correlation means they provide meaningful diversification when combined. AIBU charges 0.96%/yr vs 0.68%/yr for CLOU.

Performance

AIBU vs. CLOU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily AI and Big Data Bull 2X Shares (AIBU) and Global X Cloud Computing ETF (CLOU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIBU achieves a 54.78% return, which is significantly higher than CLOU's 13.35% return.

AIBU

• 1D: 0.88%
• 1M: 36.15%
• YTD: 54.78%
• 6M: 41.27%
• 1Y: 123.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CLOU

• 1D: -2.81%
• 1M: 21.81%
• YTD: 13.35%
• 6M: 13.05%
• 1Y: 11.58%
• 3Y*: 10.56%
• 5Y*: 0.30%
• 10Y*: —

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

AIBU vs. CLOU - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AIBU Direxion Daily AI and Big Data Bull 2X Shares	54.78%	42.25%	38.36%
CLOU Global X Cloud Computing ETF	13.35%	-5.59%	16.42%

Correlation

The correlation between AIBU and CLOU is 0.59, 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	0.59
Correlation (All Time) Calculated using the full available price history since May 16, 2024	0.67

The correlation between AIBU and CLOU has been stable across timeframes, ranging from 0.59 to 0.67 - a consistent structural relationship.

AIBU vs. CLOU - Sectors Allocation Comparison

Sectors	AIBU	CLOU
Technology	26.0%	85.3%
Communication Services	3.6%	5.5%
Consumer Cyclical	2.3%	3.0%
Healthcare	0.2%	0.6%
Industrials	0.1%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Real Estate	-	5.6%
Utilities	-	-

Return for Risk

AIBU vs. CLOU — Risk / Return Rank

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

AIBU

AIBU Risk / Return Rank: 59
AIBU Sharpe Ratio Rank: 80
AIBU Sortino Ratio Rank: 61
AIBU Omega Ratio Rank: 61
AIBU Calmar Ratio Rank: 53
AIBU Martin Ratio Rank: 40

CLOU

CLOU Risk / Return Rank: 15
CLOU Sharpe Ratio Rank: 15
CLOU Sortino Ratio Rank: 16
CLOU Omega Ratio Rank: 16
CLOU Calmar Ratio Rank: 14
CLOU Martin Ratio Rank: 13

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.

AIBU vs. CLOU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AI and Big Data Bull 2X Shares (AIBU) and Global X Cloud Computing ETF (CLOU). 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.

	AIBU	CLOU	Difference
Sharpe ratio Return per unit of total volatility	2.63	0.40	+2.23
Sortino ratio Return per unit of downside risk	2.90	0.75	+2.15
Omega ratio Gain probability vs. loss probability	1.37	1.09	+0.28
Calmar ratio Return relative to maximum drawdown	2.64	0.44	+2.21
Martin ratio Return relative to average drawdown	6.47	1.09	+5.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AIBU vs. CLOU - Sharpe Ratio Comparison

The current AIBU Sharpe Ratio is 2.63, which is higher than the CLOU Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of AIBU and CLOU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AIBU	CLOU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.63	0.40	+2.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.01	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.32	0.26	+1.06

Drawdowns

AIBU vs. CLOU - Drawdown Comparison

The maximum AIBU drawdown since its inception was -51.17%, roughly equal to the maximum CLOU drawdown of -53.74%. Use the drawdown chart below to compare losses from any high point for AIBU and CLOU.

Drawdown Indicators

	AIBU	CLOU	Difference
Max Drawdown Largest peak-to-trough decline	-51.17%	-53.74%	+2.57%
Max Drawdown (1Y) Largest decline over 1 year	-48.71%	-27.24%	-21.47%
Max Drawdown (3Y) Largest decline over 3 years	—	-33.18%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-53.74%	—
Current Drawdown Current decline from peak	0.00%	-18.82%	+18.82%
Average Drawdown Average peak-to-trough decline	-13.78%	-24.42%	+10.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.91%	11.01%	+8.90%

Volatility

AIBU vs. CLOU - Volatility Comparison

Direxion Daily AI and Big Data Bull 2X Shares (AIBU) and Global X Cloud Computing ETF (CLOU) have volatilities of 13.34% and 13.10%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIBU	CLOU	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.34%	13.10%	+0.24%
Volatility (6M) Calculated over the trailing 6-month period	36.70%	24.52%	+12.18%
Volatility (1Y) Calculated over the trailing 1-year period	47.51%	29.26%	+18.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.33%	30.53%	+24.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.33%	30.77%	+24.56%

AIBU vs. CLOU - Expense Ratio Comparison

AIBU has a 0.96% expense ratio, which is higher than CLOU's 0.68% expense ratio.

Dividends

AIBU vs. CLOU - Dividend Comparison

AIBU's dividend yield for the trailing twelve months is around 1.45%, while CLOU has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AIBU Direxion Daily AI and Big Data Bull 2X Shares	1.45%	2.27%	1.33%	0.00%	0.00%	0.00%	0.00%	0.00%
CLOU Global X Cloud Computing ETF	0.00%	0.00%	0.00%	0.00%	0.00%	1.76%	0.00%	0.05%

Frequently Asked Questions

Can I hold both AIBU and CLOU in my portfolio?

AIBU and CLOU have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AIBU or CLOU?

AIBU has higher volatility (13.34%) compared to CLOU (13.10%). In terms of maximum drawdown, AIBU dropped -51.17% vs CLOU's -53.74%.

Which ETF is better, AIBU or CLOU?

On 1-year performance, AIBU leads with 123.94% vs 11.58% for CLOU. On fees, CLOU is cheaper at 0.68% per year. On volatility, CLOU has been the lower-risk option at 13.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIBU or CLOU?

Over the 1-year period, AIBU has performed better with a 123.94% return vs 11.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIBU or CLOU?

CLOU is cheaper with a 0.68% expense ratio, compared with 0.96% for AIBU.

Which ETF pays a higher dividend yield, AIBU or CLOU?

AIBU has the higher dividend yield at 1.45%, compared with 0.00% for CLOU.

What is the main difference between AIBU and CLOU?

AIBU is categorized as Leveraged Equities, while CLOU is Technology Equities. AIBU tracks Solactive US AI & Big Data Index, while CLOU tracks Indxx Global Cloud Computing Index. They also come from different issuers: Direxion and Global X. Their fees differ too: 0.96% for AIBU and 0.68% for CLOU.

Which has better risk-adjusted returns?

AIBU currently has the higher Sharpe Ratio (2.63 vs 0.40), 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.