IWY vs. UBOT

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Russell Top 200 Growth ETF (IWY) and Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT).

IWY and UBOT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWY is a passively managed fund by iShares that tracks the performance of the Russell Top 200 Growth Index. It was launched on Sep 22, 2009. 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 IWY 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.

Performance

IWY vs. UBOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Russell Top 200 Growth ETF (IWY) and Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT). The values are adjusted to include any dividend payments, if applicable.

IWY vs. UBOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
IWY iShares Russell Top 200 Growth ETF	-9.30%	18.19%	34.89%	46.49%	-29.91%	31.05%	39.01%	36.20%	-4.19%
UBOT Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares	-15.29%	13.42%	12.02%	72.59%	-72.45%	9.78%	80.13%	87.34%	-71.27%

Returns By Period

In the year-to-date period, IWY achieves a -9.30% return, which is significantly higher than UBOT's -15.29% return.

IWY

• 1D: 0.87%
• 1M: -4.60%
• YTD: -9.30%
• 6M: -8.67%
• 1Y: 18.58%
• 3Y*: 22.41%
• 5Y*: 13.61%
• 10Y*: 17.59%

UBOT

• 1D: 4.25%
• 1M: -22.25%
• YTD: -15.29%
• 6M: -14.60%
• 1Y: 24.15%
• 3Y*: 7.48%
• 5Y*: -11.48%
• 10Y*: —

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

IWY vs. UBOT - Expense Ratio Comparison

IWY has a 0.20% expense ratio, which is lower than UBOT's 1.29% expense ratio.

UBOT

Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares

IWY

iShares Russell Top 200 Growth ETF

Return for Risk

IWY vs. UBOT — Risk / Return Rank

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

IWY

IWY Risk / Return Rank: 44
IWY Sharpe Ratio Rank: 44
IWY Sortino Ratio Rank: 47
IWY Omega Ratio Rank: 47
IWY Calmar Ratio Rank: 43
IWY Martin Ratio Rank: 41

UBOT

UBOT Risk / Return Rank: 28
UBOT Sharpe Ratio Rank: 24
UBOT Sortino Ratio Rank: 33
UBOT Omega Ratio Rank: 29
UBOT Calmar Ratio Rank: 28
UBOT Martin Ratio Rank: 27

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.

IWY vs. UBOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Russell Top 200 Growth ETF (IWY) 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.

	IWY	UBOT	Difference
Sharpe ratio Return per unit of total volatility	0.84	0.44	+0.40
Sortino ratio Return per unit of downside risk	1.35	1.02	+0.32
Omega ratio Gain probability vs. loss probability	1.19	1.13	+0.06
Calmar ratio Return relative to maximum drawdown	1.17	0.70	+0.47
Martin ratio Return relative to average drawdown	3.89	2.34	+1.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IWY vs. UBOT - Sharpe Ratio Comparison

The current IWY Sharpe Ratio is 0.84, which is higher than the UBOT Sharpe Ratio of 0.44. The chart below compares the historical Sharpe Ratios of IWY and UBOT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IWY	UBOT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.84	0.44	+0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	-0.22	+0.86
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.84	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.87	-0.12	+0.98

Correlation

The correlation between IWY and UBOT is 0.77, 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.

Dividends

IWY vs. UBOT - Dividend Comparison

IWY's dividend yield for the trailing twelve months is around 0.39%, less than UBOT's 1.10% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IWY iShares Russell Top 200 Growth ETF	0.39%	0.36%	0.42%	0.68%	0.88%	0.50%	0.71%	1.06%	1.32%	1.26%	1.51%	1.58%
UBOT Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares	1.10%	0.78%	1.45%	0.65%	0.00%	2.25%	15.83%	0.55%	0.33%	0.00%	0.00%	0.00%

Drawdowns

IWY vs. UBOT - Drawdown Comparison

The maximum IWY drawdown since its inception was -32.68%, smaller than the maximum UBOT drawdown of -86.01%. Use the drawdown chart below to compare losses from any high point for IWY and UBOT.

Drawdown Indicators

	IWY	UBOT	Difference
Max Drawdown Largest peak-to-trough decline	-32.68%	-86.01%	+53.33%
Max Drawdown (1Y) Largest decline over 1 year	-16.63%	-35.90%	+19.27%
Max Drawdown (5Y) Largest decline over 5 years	-32.68%	-82.90%	+50.22%
Max Drawdown (10Y) Largest decline over 10 years	-32.68%	—	—
Current Drawdown Current decline from peak	-12.77%	-58.98%	+46.21%
Average Drawdown Average peak-to-trough decline	-4.77%	-49.57%	+44.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.99%	10.71%	-5.72%

Volatility

IWY vs. UBOT - Volatility Comparison

The current volatility for iShares Russell Top 200 Growth ETF (IWY) is 6.70%, while Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT) has a volatility of 17.31%. This indicates that IWY 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

	IWY	UBOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.70%	17.31%	-10.61%
Volatility (6M) Calculated over the trailing 6-month period	12.40%	35.31%	-22.91%
Volatility (1Y) Calculated over the trailing 1-year period	22.29%	54.93%	-32.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.49%	52.46%	-30.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.92%	63.60%	-42.68%