AIQU +3x MicroSectors 3x Long Artificial Intelligence (AI) ETNs
AIQU
ETN +3x BULL extremeMicroSectors 3x Long Artificial Intelligence (AI) ETNs
Issuer: MicroSectors
·
Tracks:
AI
Implied AUM
—
Last Close
$14.21
20260720
30d Avg Vol
10,769
Options
—
Realized return vs theoretical +3x AI
Pair counterpart found:
AIQD
(-3x bear, MicroSectors -3x Short Artificial Intelligence (AI) ETNs)
Shorting both legs of a daily-reset bull/bear pair captures combined decay drift over time. Theoretical "free money" — actual edge depends on borrow rates (often punitive on the bear leg) and assignment risk on hard-to-borrow products.
Other leveraged products tracking AI
| Symbol | Factor | Direction | Issuer | Name | Implied AUM | 30d Vol | Options |
|---|---|---|---|---|---|---|---|
| AIBU | +2x | BULL | Direxion | Direxion Daily AI and Big Data Bull 2X ETF | $24.2M | 11,654 | |
| UBOT | +2x | BULL | Direxion | Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X ETF | $22.5M | 18,530 | |
| AIBD | -2x | BEAR | Direxion | Direxion Daily AI and Big Data Bear 2X ETF | $6.2M | 9,173 | |
| AIQD | -3x | BEAR | MicroSectors | MicroSectors -3x Short Artificial Intelligence (AI) ETNs | — | 735 |
How AIQU works
AIQU targets +3x the daily return of AI — not the cumulative return over multi-day windows. The fund rebalances at the close each day using swaps or futures, which is what creates the volatility drag the chart above visualizes.
Mathematical headline: drag ≈ −0.5 × N × (N−1) × σ² per period. For a +3x product on an underlying with 25% annualized vol, expected annual drag is around 18.8%. Add expense ratio and the realized number is typically worse.
- Short-term tactical: daily and intraday holds are where these products were designed to live.
- Premium selling: options on AIQU carry very rich IV — see the quote page for IV rank and straddle pricing.
- Multi-day directional: works in strong trends; gets eaten alive in chop. Use the chart above to gauge the realized vs theoretical track record.