BNKU vs. UBOT

Last updated Jun 13, 2026

BNKU (MicroSectors U.S. Big Banks Index 3X Leveraged ETNs) and UBOT (Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares) are both exchange-traded funds - BNKU is a Leveraged Equities fund tracking the Solactive MicroSectors U.S. Big Banks Index (-300%), while UBOT is a Robotics fund tracking the Indxx Global Robotics & Artificial Intelligence Thematic Index (300%). Both are passively managed. Over the past year, BNKU returned 111.56% vs 24.92% for UBOT. A 0.53 correlation means they provide meaningful diversification when combined. BNKU charges 0.95%/yr vs 1.29%/yr for UBOT.

Performance

BNKU vs. UBOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) and Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BNKU achieves a 14.86% return, which is significantly higher than UBOT's -1.41% return.

BNKU

• 1D: 5.30%
• 1M: 29.28%
• YTD: 14.86%
• 6M: 15.82%
• 1Y: 111.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

UBOT

• 1D: -0.59%
• 1M: -21.50%
• YTD: -1.41%
• 6M: -1.92%
• 1Y: 24.92%
• 3Y*: 3.57%
• 5Y*: -9.40%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BNKU vs. UBOT - Yearly Performance Comparison

	2026 (YTD)	2025
BNKU MicroSectors U.S. Big Banks Index 3X Leveraged ETNs	14.86%	34.97%
UBOT Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares	-1.41%	0.09%

Correlation

The correlation between BNKU and UBOT is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (All Time) Calculated using the full available price history since Feb 20, 2025	0.53

The correlation between BNKU and UBOT has been stable across timeframes, ranging from 0.46 to 0.53 - a consistent structural relationship.

BNKU vs. UBOT - Sectors Allocation Comparison

Sectors	BNKU	UBOT
Financial Services	100.0%	0.9%
Basic Materials	-	0.0%
Communication Services	-	4.5%
Consumer Cyclical	-	6.1%
Consumer Defensive	-	0.0%
Energy	-	0.5%
Healthcare	-	9.0%
Industrials	-	48.6%
Real Estate	-	-
Technology	-	31.8%
Utilities	-	0.0%

Return for Risk

BNKU vs. UBOT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BNKU

BNKU Risk / Return Rank: 58
BNKU Sharpe Ratio Rank: 68
BNKU Sortino Ratio Rank: 54
BNKU Omega Ratio Rank: 55
BNKU Calmar Ratio Rank: 62
BNKU Martin Ratio Rank: 49

UBOT

UBOT Risk / Return Rank: 20
UBOT Sharpe Ratio Rank: 18
UBOT Sortino Ratio Rank: 21
UBOT Omega Ratio Rank: 20
UBOT Calmar Ratio Rank: 19
UBOT Martin Ratio Rank: 21

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BNKU vs. UBOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) and Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BNKU	UBOT	Difference
Sharpe ratio: Return per unit of total volatility	1.94	0.50	+1.44
Sortino ratio: Return per unit of downside risk	2.30	1.03	+1.27
Omega ratio: Gain probability vs. loss probability	1.30	1.12	+0.18
Calmar ratio: Return relative to maximum drawdown	2.74	0.70	+2.04
Martin ratio: Return relative to average drawdown	7.20	2.14	+5.06

BNKU vs. UBOT - Sharpe Ratio Comparison

The current BNKU Sharpe Ratio is 1.94, which is higher than the UBOT Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of BNKU and UBOT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BNKU vs. UBOT - Drawdown Comparison

The maximum BNKU drawdown since its inception was -61.21%, smaller than the maximum UBOT drawdown of -86.24%. Use the drawdown chart below to compare losses from any high point for BNKU and UBOT.

Drawdown Indicators

	BNKU	UBOT	Difference
Max Drawdown Largest peak-to-trough decline	-61.21%	-86.24%	+25.03%
Max Drawdown (1Y) Largest decline over 1 year	-40.97%	-35.90%	-5.07%
Max Drawdown (3Y) Largest decline over 3 years	—	-51.64%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-82.90%	—
Current Drawdown Current decline from peak	-2.63%	-52.26%	+49.63%
Average Drawdown Average peak-to-trough decline	-18.05%	-49.81%	+31.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.55%	11.67%	+3.88%

Volatility

BNKU vs. UBOT - Volatility Comparison

The current volatility for MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) is 15.55%, while Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT) has a volatility of 17.69%. This indicates that BNKU experiences smaller price fluctuations and is considered to be less risky than UBOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BNKU	UBOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.55%	17.69%	-2.14%
Volatility (6M) Calculated over the trailing 6-month period	45.72%	38.70%	+7.02%
Volatility (1Y) Calculated over the trailing 1-year period	57.72%	49.90%	+7.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.10%	53.27%	+19.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.10%	63.55%	+9.55%

BNKU vs. UBOT - Expense Ratio Comparison

BNKU has a 0.95% expense ratio, which is lower than UBOT's 1.29% expense ratio.

Dividends

BNKU vs. UBOT - Dividend Comparison

BNKU has not paid dividends to shareholders, while UBOT's dividend yield for the trailing twelve months is around 0.94%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BNKU MicroSectors U.S. Big Banks Index 3X Leveraged ETNs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UBOT Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares	0.94%	0.78%	1.45%	0.65%	0.00%	2.25%	15.83%	0.55%	0.33%

Frequently Asked Questions

Can I hold both BNKU and UBOT in my portfolio?

BNKU and UBOT have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BNKU or UBOT?

UBOT has higher volatility (17.69%) compared to BNKU (15.55%). In terms of maximum drawdown, BNKU dropped -61.21% vs UBOT's -86.24%.

Which ETF is better, BNKU or UBOT?

On 1-year performance, BNKU leads with 111.56% vs 24.92% for UBOT. On fees, BNKU is cheaper at 0.95% per year. On volatility, BNKU has been the lower-risk option at 15.55%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BNKU or UBOT?

Over the 1-year period, BNKU has performed better with a 111.56% return vs 24.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BNKU or UBOT?

BNKU is cheaper with a 0.95% expense ratio, compared with 1.29% for UBOT.

Which ETF pays a higher dividend yield, BNKU or UBOT?

UBOT has the higher dividend yield at 0.94%, compared with 0.00% for BNKU.

What is the main difference between BNKU and UBOT?

BNKU is categorized as Leveraged Equities, while UBOT is Robotics. BNKU tracks Solactive MicroSectors U.S. Big Banks Index (-300%), while UBOT tracks Indxx Global Robotics & Artificial Intelligence Thematic Index (300%). They also come from different issuers: Bank of Montreal and Direxion. Their fees differ too: 0.95% for BNKU and 1.29% for UBOT.

Which has better risk-adjusted returns?

BNKU currently has the higher Sharpe Ratio (1.94 vs 0.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.