Skip to Content
Trade options on Composer. Earn up to $200 in cash rebates!Get Started.T&Cs apply.
ETFs

Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares

UBOT
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Apr 19, 2018
Expense Ratio
0.95%
Type
Global Equities
Fund Owner
Direxion Shares
Volume (1m avg. daily)
$531,945
AUM
$24,969,858
Associated Index
Indxx Global Robotics & Artificial Intelligence Thematic Index
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

BOTZ
Global X Funds - Global X Funds Global X Robotics & Artificial Intelligence ETF
22.95%
—
GOLDMAN FINL SQ TRSRY INST 506
8.61%
—
DREYFUS GOVT CASH MAN INS
7.01%
—
GOLDMAN SACHS FIN GOV 465 INSTITUT
3.85%
Invest with UBOT
Trade UBOT Options

What is UBOT?

The Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares seeks daily investment results, before fees and expenses, of 200% of the performance of the Indxx Global Robotics and Artificial Intelligence Thematic Index. The Indxx Global Robotics and Artificial Intelligence Thematic Index is designed to provide exposure to exchange-listed companies in developed markets that are expected to benefit from the adoption and utilization of robotics and/or artificial intelligence, including companies involved in developing industrial robots and production systems, automated inventory management, unmanned vehicles, voice/image/text recognition, and medical robots or robotic instruments, as defined by the index provider, Indxx. Companies must have a minimum market capitalization of $100 million and a minimum average daily turnover for the last 6 months greater than, or equal to, $2 million in order to be eligible for inclusion in the Index.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

UBOT
Performance Measures**

for the time period Apr 19, 2018 to Dec 15, 2025

Returns

1M Trailing Return: 10.1%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 7.2%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -86.0%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 64.1%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.23

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: -0.07

The annualized return divided by the max drawdown for the selected time period.

ETFs related toUBOT

ETFs correlated to UBOT include BOTZ, ROBO, ROBT

UBOT
Direxion Shares ETF Trust - Direxion Daily RoboticsArtificial Intelligence& Autom. Ind Bulll 3x Sh
BOTZ
Global X Funds - Global X Funds Global X Robotics & Artificial Intelligence ETF
ROBO
Exchange Traded Concepts Trust - ROBO Global Robotics and Automation Index ETF
ROBT
First Trust Exchange-Traded Fund VI - First Trust Nasdaq Artificial Intelligence and Robotics ETF
WTAI
WisdomTree Trust - WisdomTree Artificial Intelligence and Innovation Fund
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
IRBO
BlackRock Institutional Trust Company N.A. - iShares Robotics and Artificial Intelligence Multisector ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
FXL
First Trust Exchange-Traded Fund III - First Trust Technology AlphaDEX Fund
QTUM
ETF Series Solutions Trust - Defiance Quantum ETF
NULG
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap Growth ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toUBOT

3x Melting Pot

Category

Leveraged ETFs, Mean reversion, Daily rebalance, Long/short, Multi-asset, 3x, Buy-the-dip

OOS Cumulative Return

65.1%

Safe WAM

Category

Leveraged ETFs, tech-heavy, dip buying, trend filter, hedging/shorts, crypto, treasuries, daily rebalancing

OOS Cumulative Return

39.12%

Create your own algorithmic trading strategy with UBOT using Composer

FAQ

UBOT is a Global Equities ETF. The Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares seeks daily investment results, before fees and expenses, of 200% of the performance of the Indxx Global Robotics and Artificial Intelligence Thematic Index. The Indxx Global Robotics and Artificial Intelligence Thematic Index is designed to provide exposure to exchange-listed companies in developed markets that are expected to benefit from the adoption and utilization of robotics and/or artificial intelligence, including companies involved in developing industrial robots and production systems, automated inventory management, unmanned vehicles, voice/image/text recognition, and medical robots or robotic instruments, as defined by the index provider, Indxx. Companies must have a minimum market capitalization of $100 million and a minimum average daily turnover for the last 6 months greater than, or equal to, $2 million in order to be eligible for inclusion in the Index.

UBOT tracks the Indxx Global Robotics & Artificial Intelligence Thematic Index.

No, UBOT is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, UBOT is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on UBOT is -0.0951%. This is the percent change in the value of UBOT over the most recent 1-month period. The 3-month return on UBOT is -0.2379%. This is the percent change in the value of UBOT over the most recent 3-month period.

The standard deviation of UBOT for the past year is 0.5181%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to UBOT include TQQQ, SSO, and TNA.

ETFs correlated to UBOT include BOTZ, ROBO, and ROBT.

ETFs that are inversely correlated to UBOT include HIBS, SQQQ, and QID.

Yes, UBOT is a Leveraged (2x) ETF: This means that UBOT will try to match the performance of Indxx Global Robotics & Artificial Intelligence Thematic Index, but with 2x the returns.

No, UBOT is not an inverse ETF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.