Transferring data from one Apple ID to a new Apple ID

When changing to the new ID, there may be some data loss, but you can minimize it. If syncing photos with iCloud, ensure Optimization is turned off in Settings/Your Name/iCloud/Photos and/or in Photos/Preferences/iCloud. Then make sure full resolution photos are on the device/computer. When signing out of iCloud, if asked whether you want to retain data, choose yes. Messages conversations will be lost if they are addressed to the ID. See the article below for other places that the old ID should be removed. See Winston Churchill's response in the below discussion. If possible, also set up Family Sharing  between the IDs to keep access to your apps/purchases. 

 How to switch Apple IDs on your iPhone or iPad.      

 What to do after you change your Apple ID or password - Apple Support.    

How to transfer all files from one iCloud account to another.    

Family Sharing.         

Family Sharing - Set up.        

What sort of data are you trying to transfer? Are both Apple IDs your own? If so, have you considered changing your Apple ID email address? See this article:

Change your Apple ID – Apple Support (AU)