CLOU vs. AIBU

Last updated Aug 2, 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 Artificial Intelligence fund tracking the Solactive US AI & Big Data Index. Both are passively managed. Over the past year, CLOU returned 14.78% vs 34.82% for AIBU. Their 0.63 correlation means they have sometimes moved together and sometimes differently. 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 11.23% return, which is significantly lower than AIBU's 16.14% return.

CLOU

• 1D: 1.25%
• 1M: 8.35%
• 6M: 22.02%
• YTD: 11.23%
• 1Y: 14.78%
• 3Y*: 6.02%
• 5Y*: -2.17%
• 10Y*: —
• ALL TIME*: 7.48%

AIBU

• 1D: 2.61%
• 1M: -4.18%
• 6M: 18.30%
• YTD: 16.14%
• 1Y: 34.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 46.63%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AIBU Direxion Daily AI and Big Data Bull 2X Shares	$404.18K	$460.73K	$1.05M
CLOU Global X Cloud Computing ETF	$6.92M	$6.97M	$6.65M

CLOU vs. AIBU - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CLOU Global X Cloud Computing ETF	11.23%	-5.59%	17.86%
AIBU Direxion Daily AI and Big Data Bull 2X Shares	16.14%	42.25%	41.01%

Correlation

The correlation between CLOU and AIBU is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.52
Correlation (All Time) Calculated using the full available price history since May 15, 2024	0.63

The correlation between CLOU and AIBU shifts across timeframes, from 0.52 (1 year) to 0.63 (all time), reflecting how their relationship changes across market environments.

CLOU vs. AIBU - Sectors Allocation Comparison

Sectors	CLOU	AIBU
Technology	90.9%	82.8%
Communication Services	4.0%	10.2%
Real Estate	3.2%	-
Consumer Cyclical	1.9%	6.2%
Healthcare	0.6%	0.8%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Industrials	-	0.1%
Utilities	-	-

Return for Risk

CLOU vs. AIBU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CLOU

CLOU Risk / Return Rank: 19
CLOU Sharpe Ratio Rank: 19
CLOU Sortino Ratio Rank: 20
CLOU Omega Ratio Rank: 20
CLOU Calmar Ratio Rank: 18
CLOU Martin Ratio Rank: 17

AIBU

AIBU Risk / Return Rank: 22
AIBU Sharpe Ratio Rank: 22
AIBU Sortino Ratio Rank: 25
AIBU Omega Ratio Rank: 25
AIBU Calmar Ratio Rank: 20
AIBU Martin Ratio Rank: 19

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CLOU	AIBU	Difference
Sharpe ratio: Return per unit of total volatility	0.36	0.46	-0.10
Sortino ratio: Return per unit of downside risk	0.72	0.97	-0.25
Omega ratio: Gain probability vs. loss probability	1.09	1.12	-0.03
Calmar ratio: Return relative to maximum drawdown	0.41	0.50	-0.09
Martin ratio: Return relative to average drawdown	0.94	1.11	-0.18

CLOU vs. AIBU - Sharpe Ratio Comparison

The current CLOU Sharpe Ratio is 0.36, which is comparable to the AIBU Sharpe Ratio of 0.46. 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.

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	-20.34%	-24.97%	+4.63%
Average Drawdown Average peak-to-trough decline	-24.45%	-14.23%	-10.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.85%	21.64%	-9.79%

Volatility

CLOU vs. AIBU - Volatility Comparison

The current volatility for Global X Cloud Computing ETF (CLOU) is 7.61%, while Direxion Daily AI and Big Data Bull 2X Shares (AIBU) has a volatility of 17.14%. This indicates that CLOU experiences smaller price fluctuations and is considered to be less risky than AIBU based on this measure. 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	7.61%	17.14%	-9.53%
Volatility (6M) Calculated over the trailing 6-month period	25.80%	41.73%	-15.93%
Volatility (1Y) Calculated over the trailing 1-year period	30.96%	52.81%	-21.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.87%	56.02%	-25.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.74%	56.02%	-25.28%

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 1.85%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AIBU Direxion Daily AI and Big Data Bull 2X Shares	1.85%	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 0.52, 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 (17.14%) compared to CLOU (7.61%). 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 34.82% vs 14.78% for CLOU. On fees, CLOU is cheaper at 0.68% per year. On volatility, CLOU has been the lower-risk option at 7.61%. 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 34.82% return vs 14.78%. 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 1.85%, compared with 0.00% for CLOU.

What is the main difference between CLOU and AIBU?

CLOU is categorized as Technology Equities, while AIBU is Artificial Intelligence. 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 (0.46 vs 0.36), 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.