Direxion Daily AI and Big Data Bull 2X ETF (AIBU)
Direxion Daily AI and Big Data Bull 2X ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $67.89, up 2.00% on the session, giving a market capitalisation of $27.2M. Its beta of 4.22 implies it has historically moved more than the broad market.
The Direxion Daily AI and Big Data 2X Shares, offered in both Bull and Bear variants, are designed to track, before any fees or expenses are applied, two times the daily performance of the Solactive US AI & Big Data Index. Specifically, they target either 200% of the index's positive daily movement or 200% of its inverse (opposite) daily fluctuation. Nevertheless, there is no assurance that these funds will successfully achieve their specified financial targets.
Direxion Daily AI and Big Data Bull 2X ETF is most often compared with the following Financial Services names: