OILU vs. UBOT
OILU (MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN) and UBOT (Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares) are both exchange-traded funds - OILU is a Leveraged Commodities fund managed by BMO, while UBOT is a Robotics fund tracking the Indxx Global Robotics & Artificial Intelligence Thematic Index (300%). Over the past 3 years, OILU returned 2.53%/yr vs -0.24%/yr for UBOT. At a 0.18 correlation, their price movements are largely independent. OILU charges 0.95%/yr vs 1.29%/yr for UBOT.
Performance
OILU vs. UBOT - Performance Comparison
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Returns By Period
In the year-to-date period, OILU achieves a 84.54% return, which is significantly higher than UBOT's -14.56% return.
OILU
- 1D
- 2.86%
- 1M
- 27.28%
- 6M
- 58.40%
- YTD
- 84.54%
- 1Y
- 100.47%
- 3Y*
- 2.53%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 12.00%
UBOT
- 1D
- 3.58%
- 1M
- -18.55%
- 6M
- -18.05%
- YTD
- -14.56%
- 1Y
- -1.35%
- 3Y*
- -0.24%
- 5Y*
- -10.84%
- 10Y*
- —
- ALL TIME*
- -7.19%
OILU vs. UBOT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
OILU MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN | 84.54% | -16.50% | -21.65% | -32.50% | 151.08% | -16.79% |
UBOT Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares | -14.56% | 13.42% | 12.02% | 72.59% | -72.45% | -19.84% |
Correlation
The correlation between OILU and UBOT is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2021 | 0.18 |
The correlation between OILU and UBOT shifts across timeframes, from -0.13 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
OILU vs. UBOT — Risk / Return Rank
OILU
UBOT
OILU vs. UBOT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) 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.
| OILU | UBOT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.61 | ||
| Sortino ratioReturn per unit of downside risk | +1.69 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.04 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | -0.04 | +2.21 |
| Martin ratioReturn relative to average drawdown | 5.47 | -0.10 | +5.56 |
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Drawdowns
OILU vs. UBOT - Drawdown Comparison
The maximum OILU drawdown since its inception was -81.00%, smaller than the maximum UBOT drawdown of -86.24%. Use the drawdown chart below to compare losses from any high point for OILU and UBOT.
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Drawdown Indicators
| OILU | UBOT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.00% | -86.24% | +5.24% |
Max Drawdown (1Y)Largest decline over 1 year | -46.49% | -35.90% | -10.59% |
Max Drawdown (3Y)Largest decline over 3 years | -69.09% | -51.64% | -17.45% |
Max Drawdown (5Y)Largest decline over 5 years | — | -82.90% | — |
Current DrawdownCurrent decline from peak | -50.37% | -58.63% | +8.26% |
Average DrawdownAverage peak-to-trough decline | -50.70% | -49.86% | -0.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.45% | 13.95% | +4.50% |
Volatility
OILU vs. UBOT - Volatility Comparison
The current volatility for MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) is 17.88%, while Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT) has a volatility of 19.42%. This indicates that OILU 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.
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Volatility by Period
| OILU | UBOT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.88% | 19.42% | -1.54% |
Volatility (6M)Calculated over the trailing 6-month period | 51.06% | 42.46% | +8.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.84% | 52.53% | +11.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 80.86% | 53.88% | +26.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 80.86% | 63.57% | +17.29% |
OILU vs. UBOT - Expense Ratio Comparison
OILU has a 0.95% expense ratio, which is lower than UBOT's 1.29% expense ratio.
Dividends
OILU vs. UBOT - Dividend Comparison
OILU has not paid dividends to shareholders, while UBOT's dividend yield for the trailing twelve months is around 1.15%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
OILU MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN | 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 | 1.15% | 0.78% | 1.45% | 0.65% | 0.00% | 2.25% | 15.83% | 0.55% | 0.33% |
Frequently Asked Questions
OILU and UBOT have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UBOT has higher volatility (19.42%) compared to OILU (17.88%). In terms of maximum drawdown, OILU dropped -81.00% vs UBOT's -86.24%.
On 3-year performance, OILU leads with 2.53% vs -0.24% for UBOT. On fees, OILU is cheaper at 0.95% per year. On volatility, OILU has been the lower-risk option at 17.88%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, OILU has performed better with a 2.53% return vs -0.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
OILU is cheaper with a 0.95% expense ratio, compared with 1.29% for UBOT.
UBOT has the higher dividend yield at 1.15%, compared with 0.00% for OILU.
OILU is categorized as Leveraged Commodities, while UBOT is Robotics. They also come from different issuers: BMO and Direxion. Their fees differ too: 0.95% for OILU and 1.29% for UBOT.
OILU currently has the higher Sharpe Ratio (1.59 vs -0.03), 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.
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