CLOU vs. AIBU

Last updated Jun 4, 2026

CLOU (Global X Cloud Computing ETF) and AIBU (Direxion Daily AI and Big Data Bull 2X Shares) are both exchange-traded funds - CLOU is a Technology Equities fund tracking the Indxx Global Cloud Computing Index, while AIBU is a Leveraged Equities fund tracking the Solactive US AI & Big Data Index. Both are passively managed. Over the past year, CLOU returned 6.33% vs 109.46% for AIBU. A 0.67 correlation means they provide meaningful diversification when combined. CLOU charges 0.68%/yr vs 0.96%/yr for AIBU.

Performance

CLOU vs. AIBU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Cloud Computing ETF (CLOU) 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

In the year-to-date period, CLOU achieves a 9.15% return, which is significantly lower than AIBU's 48.05% return.

CLOU

• 1D: -3.71%
• 1M: 14.89%
• YTD: 9.15%
• 6M: 6.98%
• 1Y: 6.33%
• 3Y*: 9.18%
• 5Y*: -0.66%
• 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)

CLOU vs. AIBU - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CLOU Global X Cloud Computing ETF	9.15%	-5.59%	16.42%
AIBU Direxion Daily AI and Big Data Bull 2X Shares	48.05%	42.25%	38.36%

Correlation

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

CLOU vs. AIBU - Sectors Allocation Comparison

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

Return for Risk

CLOU vs. AIBU — Risk / Return Rank

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

CLOU

CLOU Risk / Return Rank: 12
CLOU Sharpe Ratio Rank: 11
CLOU Sortino Ratio Rank: 12
CLOU Omega Ratio Rank: 12
CLOU Calmar Ratio Rank: 11
CLOU Martin Ratio Rank: 11

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.

CLOU vs. AIBU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Cloud Computing ETF (CLOU) 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.

	CLOU	AIBU	Difference
Sharpe ratio Return per unit of total volatility	0.22	2.31	-2.09
Sortino ratio Return per unit of downside risk	0.51	2.67	-2.16
Omega ratio Gain probability vs. loss probability	1.06	1.34	-0.28
Calmar ratio Return relative to maximum drawdown	0.23	2.26	-2.03
Martin ratio Return relative to average drawdown	0.58	5.52	-4.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CLOU vs. AIBU - Sharpe Ratio Comparison

The current CLOU Sharpe Ratio is 0.22, which is lower than the AIBU Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of CLOU and AIBU, 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

	CLOU	AIBU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.22	2.31	-2.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	1.25	-1.01

Drawdowns

CLOU vs. AIBU - Drawdown Comparison

The maximum CLOU drawdown since its inception was -53.74%, which is greater than AIBU's maximum drawdown of -51.17%. Use the drawdown chart below to compare losses from any high point for CLOU and AIBU.

Drawdown Indicators

	CLOU	AIBU	Difference
Max Drawdown Largest peak-to-trough decline	-53.74%	-51.17%	-2.57%
Max Drawdown (1Y) Largest decline over 1 year	-27.24%	-48.71%	+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	-21.83%	-4.35%	-17.48%
Average Drawdown Average peak-to-trough decline	-24.42%	-13.76%	-10.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.02%	19.91%	-8.89%

Volatility

CLOU vs. AIBU - Volatility Comparison

Global X Cloud Computing ETF (CLOU) and Direxion Daily AI and Big Data Bull 2X Shares (AIBU) have volatilities of 13.85% and 14.56%, 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

	CLOU	AIBU	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.85%	14.56%	-0.71%
Volatility (6M) Calculated over the trailing 6-month period	24.82%	36.96%	-12.14%
Volatility (1Y) Calculated over the trailing 1-year period	29.50%	47.71%	-18.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.57%	55.37%	-24.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.79%	55.37%	-24.58%

CLOU vs. AIBU - Expense Ratio Comparison

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

Dividends

CLOU vs. AIBU - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AIBU Direxion Daily AI and Big Data Bull 2X Shares	1.51%	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 CLOU and AIBU in my portfolio?

CLOU and AIBU 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, CLOU or AIBU?

AIBU has higher volatility (14.56%) compared to CLOU (13.85%). In terms of maximum drawdown, CLOU dropped -53.74% vs AIBU's -51.17%.

Which ETF is better, CLOU or AIBU?

On 1-year performance, AIBU leads with 109.46% vs 6.33% for CLOU. On fees, CLOU is cheaper at 0.68% per year. On volatility, CLOU has been the lower-risk option at 13.85%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CLOU or AIBU?

Over the 1-year period, AIBU has performed better with a 109.46% return vs 6.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CLOU or AIBU?

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

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

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

What is the main difference between CLOU and AIBU?

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

Which has better risk-adjusted returns?

AIBU currently has the higher Sharpe Ratio (2.31 vs 0.22), 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.