UBEW vs. SPUU
UBEW (Roundhill UBER WeeklyPay ETF) and SPUU (Direxion Daily S&P 500 Bull 2X ETF) are both Leveraged Equities funds. UBEW is actively managed, while SPUU is passively managed. Their 0.30 correlation means their historical movements had little consistent relationship. UBEW charges 0.99%/yr vs 0.60%/yr for SPUU.
Performance
UBEW vs. SPUU - 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 SPUU's 16.72% return.
UBEW
- 1D
- -0.02%
- 1M
- -6.79%
- 6M
- -16.16%
- YTD
- -18.40%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
SPUU
- 1D
- 1.52%
- 1M
- 0.24%
- 6M
- 14.02%
- YTD
- 16.72%
- 1Y
- 38.14%
- 3Y*
- 31.33%
- 5Y*
- 17.73%
- 10Y*
- 23.82%
- ALL TIME*
- 21.37%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.20M | $4.55M | $4.33M | |
| $64.73K | $104.09K | $137.20K |
UBEW vs. SPUU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
UBEW Roundhill UBER WeeklyPay ETF | -18.40% | -16.62% |
SPUU Direxion Daily S&P 500 Bull 2X ETF | 16.72% | 3.47% |
Correlation
The correlation between UBEW and SPUU is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025 | 0.30 |
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Return for Risk
UBEW vs. SPUU — Risk / Return Rank
UBEW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SPUU
UBEW vs. SPUU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill UBER WeeklyPay ETF (UBEW) and Direxion Daily S&P 500 Bull 2X ETF (SPUU). 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 | SPUU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.23 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.85 | — |
| Martin ratioReturn relative to average drawdown | — | 7.47 | — |
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Drawdowns
UBEW vs. SPUU - Drawdown Comparison
The maximum UBEW drawdown since its inception was -41.53%, smaller than the maximum SPUU drawdown of -59.35%. Use the drawdown chart below to compare losses from any high point for UBEW and SPUU.
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Drawdown Indicators
| UBEW | SPUU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.53% | -59.35% | +17.82% |
Max Drawdown (1Y)Largest decline over 1 year | — | -18.19% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -35.18% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -46.59% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -59.35% | — |
Current DrawdownCurrent decline from peak | -36.87% | -3.83% | -33.04% |
Average DrawdownAverage peak-to-trough decline | -26.92% | -9.44% | -17.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.51% | — |
Volatility
UBEW vs. SPUU - Volatility Comparison
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Volatility by Period
| UBEW | SPUU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.10% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 20.38% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 43.30% | 25.88% | +17.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.30% | 33.70% | +9.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.30% | 35.79% | +7.51% |
UBEW vs. SPUU - Expense Ratio Comparison
UBEW has a 0.99% expense ratio, which is higher than SPUU's 0.60% expense ratio.
Dividends
UBEW vs. SPUU - Dividend Comparison
UBEW's dividend yield for the trailing twelve months is around 41.60%, more than SPUU's 1.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPUU Direxion Daily S&P 500 Bull 2X ETF | 1.34% | 1.63% | 0.55% | 0.83% | 0.88% | 3.04% | 8.03% | 1.80% | 5.50% | 6.96% | 8.08% | 4.42% |
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% | 0.00% | 0.00% |
Frequently Asked Questions
UBEW and SPUU have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPUU is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPUU is cheaper with a 0.60% expense ratio, compared with 0.99% for UBEW.
UBEW has the higher dividend yield at 41.60%, compared with 1.34% for SPUU.
They also come from different issuers: Roundhill and Direxion. Their fees differ too: 0.99% for UBEW and 0.60% for SPUU.
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