ERSX vs. UBOT
Compare and contrast key facts about ERShares NextGen Entrepreneurs ETF (ERSX) and Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT).
ERSX and UBOT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ERSX is a passively managed fund by Capital Impact Advisors that tracks the performance of the Entrepreneur Non-US Small Cap Index. It was launched on Dec 28, 2018. UBOT is a passively managed fund by Direxion that tracks the performance of the Indxx Global Robotics & Artificial Intelligence Thematic Index (300%). It was launched on Apr 19, 2018. Both ERSX and UBOT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ERSX or UBOT.
Key characteristics
| ERSX | UBOT |
|---|
Correlation
The correlation between ERSX and UBOT is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ERSX vs. UBOT - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ERSX vs. UBOT - Expense Ratio Comparison
ERSX has a 0.75% expense ratio, which is lower than UBOT's 1.29% expense ratio.
Risk-Adjusted Performance
ERSX vs. UBOT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ERShares NextGen Entrepreneurs ETF (ERSX) 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.
Dividends
ERSX vs. UBOT - Dividend Comparison
ERSX has not paid dividends to shareholders, while UBOT's dividend yield for the trailing twelve months is around 0.84%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
ERSX ERShares NextGen Entrepreneurs ETF | 1.75% | 0.34% | 0.00% | 22.15% | 0.49% | 1.55% | 0.00% |
UBOT Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares | 0.84% | 0.65% | 0.00% | 2.25% | 15.83% | 0.54% | 0.33% |
Drawdowns
ERSX vs. UBOT - Drawdown Comparison
Volatility
ERSX vs. UBOT - Volatility Comparison
The current volatility for ERShares NextGen Entrepreneurs ETF (ERSX) is 0.00%, while Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT) has a volatility of 13.03%. This indicates that ERSX 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.