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UBOT vs. BITX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

UBOT vs. BITX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT) and 2x Bitcoin Strategy ETF (BITX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, UBOT achieves a -1.41% return, which is significantly higher than BITX's -55.39% return.


UBOT

1D
-0.59%
1M
-21.50%
YTD
-1.41%
6M
-1.92%
1Y
24.92%
3Y*
3.57%
5Y*
-9.40%
10Y*

BITX

1D
0.08%
1M
-37.85%
YTD
-55.39%
6M
-58.72%
1Y
-74.95%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

UBOT vs. BITX - Yearly Performance Comparison


2026 (YTD)202520242023
UBOT
Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares
-1.41%13.42%12.02%-0.65%
BITX
2x Bitcoin Strategy ETF
-55.39%-38.71%163.41%46.18%

Correlation

The correlation between UBOT and BITX is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.46

Correlation (All Time)
Calculated using the full available price history since Jun 27, 2023

0.38

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Return for Risk

UBOT vs. BITX — Risk / Return Rank

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

UBOT
UBOT Risk / Return Rank: 2020
Overall Rank
UBOT Sharpe Ratio Rank: 1818
Sharpe Ratio Rank
UBOT Sortino Ratio Rank: 2121
Sortino Ratio Rank
UBOT Omega Ratio Rank: 2020
Omega Ratio Rank
UBOT Calmar Ratio Rank: 1919
Calmar Ratio Rank
UBOT Martin Ratio Rank: 2121
Martin Ratio Rank

BITX
BITX Risk / Return Rank: 22
Overall Rank
BITX Sharpe Ratio Rank: 33
Sharpe Ratio Rank
BITX Sortino Ratio Rank: 11
Sortino Ratio Rank
BITX Omega Ratio Rank: 22
Omega Ratio Rank
BITX Calmar Ratio Rank: 11
Calmar Ratio Rank
BITX Martin Ratio Rank: 22
Martin Ratio Rank
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.

UBOT vs. BITX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT) and 2x Bitcoin Strategy ETF (BITX). 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.


UBOTBITXDifference
Sharpe ratioReturn per unit of total volatility

+1.36

Sortino ratioReturn per unit of downside risk

+2.56

Omega ratioGain probability vs. loss probability

1.12

0.83

+0.29

Calmar ratioReturn relative to maximum drawdown

0.70

-0.91

+1.61

Martin ratioReturn relative to average drawdown

2.14

-1.45

+3.59

UBOT vs. BITX - Sharpe Ratio Comparison

The current UBOT Sharpe Ratio is 0.50, which is higher than the BITX Sharpe Ratio of -0.86. The chart below compares the historical Sharpe Ratios of UBOT and BITX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

UBOT vs. BITX - Drawdown Comparison

The maximum UBOT drawdown since its inception was -86.24%, roughly equal to the maximum BITX drawdown of -82.16%. Use the drawdown chart below to compare losses from any high point for UBOT and BITX.


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Drawdown Indicators


UBOTBITXDifference

Max Drawdown

Largest peak-to-trough decline

-86.24%

-82.16%

-4.08%

Max Drawdown (1Y)

Largest decline over 1 year

-35.90%

-82.16%

+46.26%

Max Drawdown (3Y)

Largest decline over 3 years

-51.64%

Max Drawdown (5Y)

Largest decline over 5 years

-82.90%

Current Drawdown

Current decline from peak

-52.26%

-80.28%

+28.02%

Average Drawdown

Average peak-to-trough decline

-49.81%

-32.12%

-17.69%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.67%

51.79%

-40.12%

Volatility

UBOT vs. BITX - Volatility Comparison

The current volatility for Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT) is 17.69%, while 2x Bitcoin Strategy ETF (BITX) has a volatility of 24.10%. This indicates that UBOT experiences smaller price fluctuations and is considered to be less risky than BITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


UBOTBITXDifference

Volatility (1M)

Calculated over the trailing 1-month period

17.69%

24.10%

-6.41%

Volatility (6M)

Calculated over the trailing 6-month period

38.70%

69.17%

-30.47%

Volatility (1Y)

Calculated over the trailing 1-year period

49.90%

87.50%

-37.60%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

53.27%

98.23%

-44.96%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

63.55%

98.23%

-34.68%

UBOT vs. BITX - Expense Ratio Comparison

UBOT has a 1.29% expense ratio, which is lower than BITX's 2.38% expense ratio.


Dividends

UBOT vs. BITX - Dividend Comparison

UBOT's dividend yield for the trailing twelve months is around 0.94%, less than BITX's 35.54% yield.


PositionTTM20252024202320222021202020192018
BITX
2x Bitcoin Strategy ETF
35.54%21.69%10.70%0.00%0.00%0.00%0.00%0.00%0.00%
UBOT
Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares
0.94%0.78%1.45%0.65%0.00%2.25%15.83%0.55%0.33%

Frequently Asked Questions


UBOT and BITX have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BITX has higher volatility (24.10%) compared to UBOT (17.69%). In terms of maximum drawdown, UBOT dropped -86.24% vs BITX's -82.16%.

On 1-year performance, UBOT leads with 24.92% vs -74.95% for BITX. On fees, UBOT is cheaper at 1.29% per year. On volatility, UBOT has been the lower-risk option at 17.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, UBOT has performed better with a 24.92% return vs -74.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

UBOT is cheaper with a 1.29% expense ratio, compared with 2.38% for BITX.

BITX has the higher dividend yield at 35.54%, compared with 0.94% for UBOT.

UBOT is categorized as Robotics, while BITX is Cryptocurrency. UBOT tracks Indxx Global Robotics & Artificial Intelligence Thematic Index (300%), while BITX tracks S&P CME Bitcoin Futures Daily Roll Index (200%). They also come from different issuers: Direxion and Volatility Shares. Their fees differ too: 1.29% for UBOT and 2.38% for BITX.

UBOT currently has the higher Sharpe Ratio (0.50 vs -0.86), 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.

Portfolio Optimizer

Find the right allocation for UBOT and BITX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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