Direxion Daily AI And Big Data Bear 2X Shares (AIBD)

Direxion Daily AI And Big Data Bear 2X Shares (AIBD) is an exchange-traded fund in the Trading Inverse Equity category. It has $4.68M in assets, an expense ratio of 1.05% and a 3.77% dividend yield. The index is designed by Solactive AG to represent the securities of companies from the United States that have business operations in the field of artificial intelligence (“AI”) applications and big data. The fund, under normal circumstances, invests at least 80% of the fund’s net assets in swap agreements, futures contracts, short positions or other financial instruments that provide inverse (opposite) or short daily exposure to the index. The fund is non-diversified.