AIBU vs. IVEP

Last updated Jun 4, 2026

AIBU (Direxion Daily AI and Big Data Bull 2X Shares) and IVEP (Dan IVES Wedbush AI Power & Infrastructure ETF) are both exchange-traded funds - AIBU is a Leveraged Equities fund tracking the Solactive US AI & Big Data Index, while IVEP is a Industrials Equities fund tracking the Solactive Wedbush AI Power & Infrastructure Index. Both are passively managed. At a 0.34 correlation, their price movements are largely independent. AIBU charges 0.96%/yr vs 0.75%/yr for IVEP.

Performance

AIBU vs. IVEP - 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 Dan IVES Wedbush AI Power & Infrastructure ETF (IVEP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AIBU

• 1D: -4.35%
• 1M: 29.93%
• YTD: 48.05%
• 6M: 34.98%
• 1Y: 109.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IVEP

• 1D: -0.87%
• 1M: -1.63%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AIBU vs. IVEP - Yearly Performance Comparison

	2026 (YTD)
AIBU Direxion Daily AI and Big Data Bull 2X Shares	79.74%
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	8.37%

Correlation

The correlation between AIBU and IVEP is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 9, 2026	0.34

Return for Risk

AIBU vs. IVEP — Risk / Return Rank

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

AIBU

AIBU Risk / Return Rank: 53
AIBU Sharpe Ratio Rank: 70
AIBU Sortino Ratio Rank: 56
AIBU Omega Ratio Rank: 55
AIBU Calmar Ratio Rank: 46
AIBU Martin Ratio Rank: 36

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. IVEP - 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 Dan IVES Wedbush AI Power & Infrastructure ETF (IVEP). 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	IVEP	Difference
Sharpe ratio: Return per unit of total volatility	2.31	—	—
Sortino ratio: Return per unit of downside risk	2.67	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	2.26	—	—
Martin ratio: Return relative to average drawdown	5.52	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AIBU	IVEP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.31	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.25	2.62	-1.37

Drawdowns

AIBU vs. IVEP - Drawdown Comparison

The maximum AIBU drawdown since its inception was -51.17%, which is greater than IVEP's maximum drawdown of -7.34%. Use the drawdown chart below to compare losses from any high point for AIBU and IVEP.

Drawdown Indicators

	AIBU	IVEP	Difference
Max Drawdown Largest peak-to-trough decline	-51.17%	-7.34%	-43.83%
Max Drawdown (1Y) Largest decline over 1 year	-48.71%	—	—
Current Drawdown Current decline from peak	-4.35%	-3.31%	-1.04%
Average Drawdown Average peak-to-trough decline	-13.76%	-1.97%	-11.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.91%	—	—

Volatility

Volatility by Period

	AIBU	IVEP	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	36.96%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	47.71%	26.29%	+21.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.37%	26.29%	+29.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.37%	26.29%	+29.08%

AIBU vs. IVEP - Expense Ratio Comparison

AIBU has a 0.96% expense ratio, which is higher than IVEP's 0.75% expense ratio.

Dividends

AIBU vs. IVEP - Dividend Comparison

AIBU's dividend yield for the trailing twelve months is around 1.51%, while IVEP has not paid dividends to shareholders.

Position	TTM	2025	2024
AIBU Direxion Daily AI and Big Data Bull 2X Shares	1.51%	2.27%	1.33%
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AIBU and IVEP in my portfolio?

AIBU and IVEP have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AIBU or IVEP?

On fees, IVEP is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AIBU or IVEP?

IVEP is cheaper with a 0.75% expense ratio, compared with 0.96% for AIBU.

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

AIBU has the higher dividend yield at 1.51%, compared with 0.00% for IVEP.

What is the main difference between AIBU and IVEP?

AIBU is categorized as Leveraged Equities, while IVEP is Industrials Equities. AIBU tracks Solactive US AI & Big Data Index, while IVEP tracks Solactive Wedbush AI Power & Infrastructure Index. They also come from different issuers: Direxion and Wedbush. Their fees differ too: 0.96% for AIBU and 0.75% for IVEP.