BU vs. AIPO

Last updated Jun 5, 2026

BU (Defiance Daily Target 2X Long B ETF) and AIPO (Defiance AI & Power Infrastructure ETF) are both exchange-traded funds - BU is a Leveraged Equities fund actively managed by Defiance, while AIPO is a Technology Equities fund tracking the MarketVector™ US Listed AI and Power Infrastructure Index. BU is actively managed, while AIPO is passively managed. A 0.51 correlation means they provide meaningful diversification when combined. BU charges 1.29%/yr vs 0.69%/yr for AIPO.

Performance

BU vs. AIPO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long B ETF (BU) and Defiance AI & Power Infrastructure ETF (AIPO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BU achieves a -16.84% return, which is significantly lower than AIPO's 50.90% return.

BU

• 1D: 4.46%
• 1M: 18.42%
• YTD: -16.84%
• 6M: -7.26%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIPO

• 1D: -0.74%
• 1M: 3.63%
• YTD: 50.90%
• 6M: 40.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BU vs. AIPO - Yearly Performance Comparison

	2026 (YTD)	2025
BU Defiance Daily Target 2X Long B ETF	-16.84%	29.45%
AIPO Defiance AI & Power Infrastructure ETF	50.90%	-2.03%

Correlation

The correlation between BU and AIPO is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 20, 2025	0.51

Return for Risk

BU vs. AIPO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long B ETF (BU) and Defiance AI & Power Infrastructure ETF (AIPO). 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

	BU	AIPO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	2.30	-2.15

Drawdowns

BU vs. AIPO - Drawdown Comparison

The maximum BU drawdown since its inception was -53.98%, which is greater than AIPO's maximum drawdown of -17.31%. Use the drawdown chart below to compare losses from any high point for BU and AIPO.

Drawdown Indicators

	BU	AIPO	Difference
Max Drawdown Largest peak-to-trough decline	-53.98%	-17.31%	-36.67%
Current Drawdown Current decline from peak	-42.65%	-1.85%	-40.80%
Average Drawdown Average peak-to-trough decline	-25.45%	-4.37%	-21.08%

Volatility

Volatility by Period

	BU	AIPO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	97.40%	34.02%	+63.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	97.40%	34.02%	+63.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	97.40%	34.02%	+63.38%

BU vs. AIPO - Expense Ratio Comparison

BU has a 1.29% expense ratio, which is higher than AIPO's 0.69% expense ratio.

Dividends

BU vs. AIPO - Dividend Comparison

BU has not paid dividends to shareholders, while AIPO's dividend yield for the trailing twelve months is around 0.01%.

Position	TTM	2025
AIPO Defiance AI & Power Infrastructure ETF	0.01%	0.01%
BU Defiance Daily Target 2X Long B ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both BU and AIPO in my portfolio?

BU and AIPO have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BU or AIPO?

On fees, AIPO is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BU or AIPO?

AIPO is cheaper with a 0.69% expense ratio, compared with 1.29% for BU.

Which ETF pays a higher dividend yield, BU or AIPO?

AIPO has the higher dividend yield at 0.01%, compared with 0.00% for BU.

What is the main difference between BU and AIPO?

BU is categorized as Leveraged Equities, while AIPO is Technology Equities. Their fees differ too: 1.29% for BU and 0.69% for AIPO.