UBEW vs. ERX
UBEW (Roundhill UBER WeeklyPay ETF) and ERX (Direxion Daily Energy Bull 2X Shares) are both exchange-traded funds - UBEW is a Leveraged Equities fund actively managed by Roundhill, while ERX is a Energy Equities fund tracking the Energy Select Sector Index (200%). UBEW is actively managed, while ERX is passively managed. Their -0.16 correlation means they have often moved in opposite directions in the past. UBEW charges 0.99%/yr vs 0.91%/yr for ERX.
Performance
UBEW vs. ERX - Performance Comparison
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Returns By Period
In the year-to-date period, UBEW achieves a -18.40% return, which is significantly lower than ERX's 71.01% return.
UBEW
- 1D
- -0.02%
- 1M
- -6.79%
- 6M
- -16.16%
- YTD
- -18.40%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
ERX
- 1D
- 1.98%
- 1M
- 23.93%
- 6M
- 32.46%
- YTD
- 71.01%
- 1Y
- 85.96%
- 3Y*
- 17.67%
- 5Y*
- 35.70%
- 10Y*
- -8.11%
- ALL TIME*
- -6.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $22.14M | $22.35M | $28.47M | |
| $64.73K | $104.09K | $137.20K |
UBEW vs. ERX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
UBEW Roundhill UBER WeeklyPay ETF | -18.40% | -16.62% |
ERX Direxion Daily Energy Bull 2X Shares | 71.01% | 3.66% |
Correlation
The correlation between UBEW and ERX is -0.16, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025 | -0.16 |
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Return for Risk
UBEW vs. ERX — Risk / Return Rank
UBEW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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.
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.
| UBEW | ERX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.29 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.65 | — |
| Martin ratioReturn relative to average drawdown | — | 6.74 | — |
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Drawdowns
UBEW vs. ERX - Drawdown Comparison
The maximum UBEW drawdown since its inception was -41.53%, 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.
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Drawdown Indicators
| UBEW | ERX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.53% | -99.54% | +58.01% |
Max Drawdown (1Y)Largest decline over 1 year | — | -29.97% | — |
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 | -36.87% | -91.37% | +54.50% |
Average DrawdownAverage peak-to-trough decline | -26.92% | -67.24% | +40.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 11.83% | — |
Volatility
UBEW vs. ERX - Volatility Comparison
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Volatility by Period
| UBEW | ERX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 11.87% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 33.76% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 43.30% | 42.31% | +0.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.30% | 51.50% | -8.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.30% | 68.84% | -25.54% |
UBEW vs. ERX - Expense Ratio Comparison
UBEW has a 0.99% expense ratio, which is higher than ERX's 0.91% expense ratio.
Dividends
UBEW vs. ERX - Dividend Comparison
UBEW's dividend yield for the trailing twelve months is around 41.60%, more than ERX's 1.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
ERX Direxion Daily Energy Bull 2X Shares | 1.49% | 2.54% | 2.94% | 3.17% | 2.23% | 2.16% | 2.35% | 1.56% | 3.10% | 0.85% |
UBEW Roundhill UBER WeeklyPay ETF | 41.60% | 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 -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ERX is cheaper at 0.91% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ERX is cheaper with a 0.91% expense ratio, compared with 0.99% for UBEW.
UBEW has the higher dividend yield at 41.60%, compared with 1.49% for ERX.
UBEW is categorized as Leveraged Equities, while ERX is Energy Equities. They also come from different issuers: Roundhill and Direxion. Their fees differ too: 0.99% for UBEW and 0.91% for ERX.
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