TECL vs. UBOT

Last updated Jul 22, 2026

TECL (Direxion Daily Technology Bull 3X Shares) and UBOT (Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares) are both exchange-traded funds - TECL is a Leveraged Equities fund tracking the Technology Select Sector 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 5 years, TECL returned 27.69%/yr vs -10.84%/yr for UBOT. A 0.77 correlation means they provide meaningful diversification when combined. TECL charges 0.91%/yr vs 1.29%/yr for UBOT.

Performance

TECL vs. UBOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Technology Bull 3X Shares (TECL) 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, TECL achieves a 64.40% return, which is significantly higher than UBOT's -14.56% return.

TECL

• 1D: 8.39%
• 1M: -18.41%
• 6M: 73.69%
• YTD: 64.40%
• 1Y: 101.21%
• 3Y*: 55.08%
• 5Y*: 27.69%
• 10Y*: 47.75%
• ALL TIME*: 47.61%

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%

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

TECL vs. UBOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
TECL Direxion Daily Technology Bull 3X Shares	64.40%	38.60%	36.15%	203.14%	-74.32%	112.80%	69.46%	185.58%	-32.74%
UBOT Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares	-14.56%	13.42%	12.02%	72.59%	-72.45%	9.78%	80.13%	87.34%	-71.74%

Correlation

The correlation between TECL and UBOT is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (All Time) Calculated using the full available price history since Apr 19, 2018	0.77

The correlation between TECL and UBOT has been stable across timeframes, ranging from 0.74 to 0.80 - a consistent structural relationship.

TECL vs. UBOT - Sectors Allocation Comparison

Sectors	TECL	UBOT
Technology	99.2%	30.8%
Communication Services	0.8%	4.2%
Energy	0.0%	0.5%
Industrials	0.0%	50.8%
Basic Materials	-	0.0%
Consumer Cyclical	-	6.2%
Consumer Defensive	-	0.0%
Financial Services	-	0.9%
Healthcare	-	8.0%
Real Estate	-	-
Utilities	-	0.0%

Return for Risk

TECL vs. UBOT — Risk / Return Rank

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

TECL

TECL Risk / Return Rank: 52
TECL Sharpe Ratio Rank: 55
TECL Sortino Ratio Rank: 50
TECL Omega Ratio Rank: 50
TECL Calmar Ratio Rank: 59
TECL Martin Ratio Rank: 46

UBOT

UBOT Risk / Return Rank: 11
UBOT Sharpe Ratio Rank: 10
UBOT Sortino Ratio Rank: 13
UBOT Omega Ratio Rank: 12
UBOT Calmar Ratio Rank: 10
UBOT Martin Ratio Rank: 10

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.

TECL vs. UBOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Technology Bull 3X Shares (TECL) 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.

	TECL	UBOT	Difference
Sharpe ratio: Return per unit of total volatility	1.38	-0.03	+1.41
Sortino ratio: Return per unit of downside risk	1.88	0.34	+1.54
Omega ratio: Gain probability vs. loss probability	1.24	1.04	+0.20
Calmar ratio: Return relative to maximum drawdown	2.18	-0.04	+2.22
Martin ratio: Return relative to average drawdown	5.52	-0.10	+5.62

TECL vs. UBOT - Sharpe Ratio Comparison

The current TECL Sharpe Ratio is 1.38, which is higher than the UBOT Sharpe Ratio of -0.03. The chart below compares the historical Sharpe Ratios of TECL 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

TECL vs. UBOT - Drawdown Comparison

The maximum TECL drawdown since its inception was -77.96%, smaller than the maximum UBOT drawdown of -86.24%. Use the drawdown chart below to compare losses from any high point for TECL and UBOT.

Drawdown Indicators

	TECL	UBOT	Difference
Max Drawdown Largest peak-to-trough decline	-77.96%	-86.24%	+8.28%
Max Drawdown (1Y) Largest decline over 1 year	-46.58%	-35.90%	-10.68%
Max Drawdown (3Y) Largest decline over 3 years	-66.58%	-51.64%	-14.94%
Max Drawdown (5Y) Largest decline over 5 years	-77.96%	-82.90%	+4.94%
Max Drawdown (10Y) Largest decline over 10 years	-77.96%	—	—
Current Drawdown Current decline from peak	-29.39%	-58.63%	+29.24%
Average Drawdown Average peak-to-trough decline	-18.41%	-49.86%	+31.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.40%	13.95%	+4.45%

Volatility

TECL vs. UBOT - Volatility Comparison

Direxion Daily Technology Bull 3X Shares (TECL) has a higher volatility of 28.60% compared to Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT) at 19.42%. This indicates that TECL's price experiences larger fluctuations and is considered to be riskier than UBOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TECL	UBOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.60%	19.42%	+9.18%
Volatility (6M) Calculated over the trailing 6-month period	63.52%	42.46%	+21.06%
Volatility (1Y) Calculated over the trailing 1-year period	73.71%	52.53%	+21.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.16%	53.88%	+22.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.33%	63.57%	+9.76%

TECL vs. UBOT - Expense Ratio Comparison

TECL has a 0.91% expense ratio, which is lower than UBOT's 1.29% expense ratio.

Dividends

TECL vs. UBOT - Dividend Comparison

TECL's dividend yield for the trailing twelve months is around 4.33%, more than UBOT's 1.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
TECL Direxion Daily Technology Bull 3X Shares	4.33%	7.19%	0.29%	0.28%	0.22%	0.32%	0.52%	0.25%	0.47%	0.10%
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%	0.00%

Frequently Asked Questions

Can I hold both TECL and UBOT in my portfolio?

TECL and UBOT have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TECL or UBOT?

TECL has higher volatility (28.60%) compared to UBOT (19.42%). In terms of maximum drawdown, TECL dropped -77.96% vs UBOT's -86.24%.

Which ETF is better, TECL or UBOT?

On 5-year performance, TECL leads with 27.69% vs -10.84% for UBOT. On fees, TECL is cheaper at 0.91% per year. On volatility, UBOT has been the lower-risk option at 19.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TECL or UBOT?

Over the 5-year period, TECL has performed better with a 27.69% return vs -10.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TECL or UBOT?

TECL is cheaper with a 0.91% expense ratio, compared with 1.29% for UBOT.

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

TECL has the higher dividend yield at 4.33%, compared with 1.15% for UBOT.

What is the main difference between TECL and UBOT?

TECL is categorized as Leveraged Equities, while UBOT is Robotics. TECL tracks Technology Select Sector Index (300%), while UBOT tracks Indxx Global Robotics & Artificial Intelligence Thematic Index (300%). Their fees differ too: 0.91% for TECL and 1.29% for UBOT.

Which has better risk-adjusted returns?

TECL currently has the higher Sharpe Ratio (1.38 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.