UBEW vs. ERX
UBEW (Roundhill UBER WeeklyPay ETF) and ERX (Direxion Daily Energy Bull 2X Shares) are both exchange-traded funds - UBEW is a fund fund actively managed by Roundhill, while ERX is a Leveraged Equities fund tracking the Energy Select Sector Index (300%). UBEW is actively managed, while ERX is passively managed. At a correlation of -0.11, they often move in opposite directions. UBEW charges 0.99%/yr vs 1.09%/yr for ERX.
Performance
UBEW vs. ERX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UBEW achieves a -15.76% return, which is significantly lower than ERX's 66.93% return.
UBEW
- 1D
- 0.12%
- 1M
- -3.71%
- YTD
- -15.76%
- 6M
- -26.05%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ERX
- 1D
- 2.68%
- 1M
- -3.38%
- YTD
- 66.93%
- 6M
- 59.74%
- 1Y
- 90.37%
- 3Y*
- 23.69%
- 5Y*
- 28.75%
- 10Y*
- -8.79%
UBEW vs. ERX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
UBEW Roundhill UBER WeeklyPay ETF | -15.76% | -17.23% |
ERX Direxion Daily Energy Bull 2X Shares | 66.93% | 1.12% |
Correlation
The correlation between UBEW and ERX is -0.11, 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 (All Time) Calculated using the full available price history since Oct 24, 2025 | -0.11 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UBEW vs. ERX — Risk / Return Rank
UBEW
ERX
UBEW vs. ERX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill UBER WeeklyPay ETF (UBEW) and Direxion Daily Energy Bull 2X Shares (ERX). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| UBEW | ERX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.21 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.56 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.13 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -1.07 | -0.09 | -0.98 |
Drawdowns
UBEW vs. ERX - Drawdown Comparison
The maximum UBEW drawdown since its inception was -37.34%, smaller than the maximum ERX drawdown of -99.54%. Use the drawdown chart below to compare losses from any high point for UBEW and ERX.
Loading charts...
Drawdown Indicators
| UBEW | ERX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.34% | -99.54% | +62.20% |
Max Drawdown (1Y)Largest decline over 1 year | — | -23.34% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -42.34% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -46.90% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -98.59% | — |
Current DrawdownCurrent decline from peak | -34.82% | -91.57% | +56.75% |
Average DrawdownAverage peak-to-trough decline | -24.96% | -67.02% | +42.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 8.57% | — |
Volatility
UBEW vs. ERX - Volatility Comparison
Loading charts...
Volatility by Period
| UBEW | ERX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 16.49% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 33.45% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 42.34% | 41.14% | +1.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.34% | 51.98% | -9.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.34% | 69.18% | -26.84% |
UBEW vs. ERX - Expense Ratio Comparison
UBEW has a 0.99% expense ratio, which is lower than ERX's 1.09% expense ratio.
Dividends
UBEW vs. ERX - Dividend Comparison
UBEW's dividend yield for the trailing twelve months is around 31.85%, more than ERX's 1.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
ERX Direxion Daily Energy Bull 2X Shares | 1.61% | 2.54% | 2.94% | 3.17% | 2.23% | 2.16% | 2.35% | 1.56% | 3.10% | 0.85% |
UBEW Roundhill UBER WeeklyPay ETF | 31.85% | 8.98% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
UBEW and ERX have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UBEW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UBEW is cheaper with a 0.99% expense ratio, compared with 1.09% for ERX.
UBEW has the higher dividend yield at 31.85%, compared with 1.61% for ERX.
They also come from different issuers: Roundhill and Direxion. Their fees differ too: 0.99% for UBEW and 1.09% for ERX.
Find the right allocation for UBEW and ERX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer