BEX vs. AIBU

Last updated Jun 4, 2026

BEX (Tradr 2X Long BE Daily ETF) and AIBU (Direxion Daily AI and Big Data Bull 2X Shares) are both Leveraged Equities funds. BEX is actively managed, while AIBU is passively managed. At a 0.43 correlation, their price movements are largely independent. BEX charges 1.30%/yr vs 0.96%/yr for AIBU.

Performance

BEX vs. AIBU - Performance Comparison

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

Returns By Period

BEX

• 1D: -10.37%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIBU

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

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

BEX vs. AIBU - Yearly Performance Comparison

	2026 (YTD)
BEX Tradr 2X Long BE Daily ETF	-11.47%
AIBU Direxion Daily AI and Big Data Bull 2X Shares	11.77%

Correlation

The correlation between BEX and AIBU is 0.43, 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 May 27, 2026	0.43

Return for Risk

BEX vs. AIBU — 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.

BEX vs. AIBU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long BE Daily ETF (BEX) and Direxion Daily AI and Big Data Bull 2X Shares (AIBU). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BEX	AIBU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.31	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.59	1.25	-1.84

Drawdowns

BEX vs. AIBU - Drawdown Comparison

The maximum BEX drawdown since its inception was -18.65%, smaller than the maximum AIBU drawdown of -51.17%. Use the drawdown chart below to compare losses from any high point for BEX and AIBU.

Drawdown Indicators

	BEX	AIBU	Difference
Max Drawdown Largest peak-to-trough decline	-18.65%	-51.17%	+32.52%
Max Drawdown (1Y) Largest decline over 1 year	—	-48.71%	—
Current Drawdown Current decline from peak	-11.47%	-4.35%	-7.12%
Average Drawdown Average peak-to-trough decline	-9.41%	-13.76%	+4.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	19.91%	—

Volatility

Volatility by Period

	BEX	AIBU	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	184.67%	47.71%	+136.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	184.67%	55.37%	+129.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	184.67%	55.37%	+129.30%

BEX vs. AIBU - Expense Ratio Comparison

BEX has a 1.30% expense ratio, which is higher than AIBU's 0.96% expense ratio.

Dividends

BEX vs. AIBU - Dividend Comparison

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

Position	TTM	2025	2024
AIBU Direxion Daily AI and Big Data Bull 2X Shares	1.51%	2.27%	1.33%
BEX Tradr 2X Long BE Daily ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BEX and AIBU in my portfolio?

BEX and AIBU have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BEX or AIBU?

On fees, AIBU is cheaper at 0.96% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BEX or AIBU?

AIBU is cheaper with a 0.96% expense ratio, compared with 1.30% for BEX.

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

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

What is the main difference between BEX and AIBU?

They also come from different issuers: Tradr and Direxion. Their fees differ too: 1.30% for BEX and 0.96% for AIBU.