IVES vs. AIBU

Last updated Jun 25, 2026

IVES (Dan IVES Wedbush AI Revolution ETF) and AIBU (Direxion Daily AI and Big Data Bull 2X Shares) are both exchange-traded funds - IVES is a Technology Equities fund tracking the Solactive Wedbush Artificial Intelligence Index, while AIBU is a Leveraged Equities fund tracking the Solactive US AI & Big Data Index. Both are passively managed. Over the past year, IVES returned 35.69% vs 55.68% for AIBU. Their correlation of 0.92 suggests significant overlap in exposure. IVES charges 0.75%/yr vs 0.96%/yr for AIBU.

Performance

IVES vs. AIBU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dan IVES Wedbush AI Revolution ETF (IVES) 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, IVES achieves a 14.36% return, which is significantly lower than AIBU's 22.35% return.

IVES

• 1D: -1.36%
• 1M: -2.95%
• YTD: 14.36%
• 6M: 11.68%
• 1Y: 35.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIBU

• 1D: -1.94%
• 1M: -5.04%
• YTD: 22.35%
• 6M: 18.45%
• 1Y: 55.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IVES vs. AIBU - Yearly Performance Comparison

	2026 (YTD)	2025
IVES Dan IVES Wedbush AI Revolution ETF	14.36%	25.11%
AIBU Direxion Daily AI and Big Data Bull 2X Shares	22.35%	41.47%

Correlation

The correlation between IVES and AIBU is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	0.92

The correlation between IVES and AIBU has been stable across timeframes, ranging from 0.92 to 0.92 - a consistent structural relationship.

IVES vs. AIBU - Sectors Allocation Comparison

Sectors	IVES	AIBU
Technology	71.8%	32.3%
Consumer Cyclical	11.0%	2.4%
Communication Services	10.9%	4.1%
Industrials	3.1%	0.1%
Financial Services	1.9%	-
Utilities	1.3%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	0.3%
Real Estate	-	-

Return for Risk

IVES vs. AIBU — Risk / Return Rank

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

IVES

IVES Risk / Return Rank: 37
IVES Sharpe Ratio Rank: 41
IVES Sortino Ratio Rank: 38
IVES Omega Ratio Rank: 38
IVES Calmar Ratio Rank: 34
IVES Martin Ratio Rank: 32

AIBU

AIBU Risk / Return Rank: 30
AIBU Sharpe Ratio Rank: 34
AIBU Sortino Ratio Rank: 33
AIBU Omega Ratio Rank: 33
AIBU Calmar Ratio Rank: 26
AIBU Martin Ratio Rank: 23

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.

IVES vs. AIBU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dan IVES Wedbush AI Revolution ETF (IVES) 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.

	IVES	AIBU	Difference
Sharpe ratio: Return per unit of total volatility	1.33	1.12	+0.21
Sortino ratio: Return per unit of downside risk	1.82	1.63	+0.20
Omega ratio: Gain probability vs. loss probability	1.23	1.21	+0.03
Calmar ratio: Return relative to maximum drawdown	1.58	1.15	+0.44
Martin ratio: Return relative to average drawdown	4.30	2.75	+1.55

IVES vs. AIBU - Sharpe Ratio Comparison

The current IVES Sharpe Ratio is 1.33, which is comparable to the AIBU Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of IVES 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

IVES vs. AIBU - Drawdown Comparison

The maximum IVES drawdown since its inception was -22.64%, smaller than the maximum AIBU drawdown of -51.17%. Use the drawdown chart below to compare losses from any high point for IVES and AIBU.

Drawdown Indicators

	IVES	AIBU	Difference
Max Drawdown Largest peak-to-trough decline	-22.64%	-51.17%	+28.53%
Max Drawdown (1Y) Largest decline over 1 year	-22.64%	-48.71%	+26.07%
Current Drawdown Current decline from peak	-13.37%	-20.95%	+7.58%
Average Drawdown Average peak-to-trough decline	-5.86%	-13.80%	+7.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.32%	20.30%	-11.98%

Volatility

IVES vs. AIBU - Volatility Comparison

The current volatility for Dan IVES Wedbush AI Revolution ETF (IVES) is 11.81%, while Direxion Daily AI and Big Data Bull 2X Shares (AIBU) has a volatility of 21.11%. This indicates that IVES 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

	IVES	AIBU	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.81%	21.11%	-9.30%
Volatility (6M) Calculated over the trailing 6-month period	21.22%	38.82%	-17.60%
Volatility (1Y) Calculated over the trailing 1-year period	27.13%	50.39%	-23.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.65%	55.94%	-29.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.65%	55.94%	-29.29%

IVES vs. AIBU - Expense Ratio Comparison

IVES has a 0.75% expense ratio, which is lower than AIBU's 0.96% expense ratio.

Dividends

IVES vs. AIBU - Dividend Comparison

IVES's dividend yield for the trailing twelve months is around 0.36%, less than AIBU's 1.76% yield.

Position	TTM	2025	2024
AIBU Direxion Daily AI and Big Data Bull 2X Shares	1.76%	2.27%	1.33%
IVES Dan IVES Wedbush AI Revolution ETF	0.36%	0.41%	0.00%

Frequently Asked Questions

Can I hold both IVES and AIBU in my portfolio?

With a correlation of 0.92, IVES and AIBU move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, IVES or AIBU?

AIBU has higher volatility (21.11%) compared to IVES (11.81%). In terms of maximum drawdown, IVES dropped -22.64% vs AIBU's -51.17%.

Which ETF is better, IVES or AIBU?

On 1-year performance, AIBU leads with 55.68% vs 35.69% for IVES. On fees, IVES is cheaper at 0.75% per year. On volatility, IVES has been the lower-risk option at 11.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IVES or AIBU?

Over the 1-year period, AIBU has performed better with a 55.68% return vs 35.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IVES or AIBU?

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

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

AIBU has the higher dividend yield at 1.76%, compared with 0.36% for IVES.

What is the main difference between IVES and AIBU?

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

Which has better risk-adjusted returns?

IVES currently has the higher Sharpe Ratio (1.33 vs 1.12), 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.