UBOT vs. CHAT

Last updated Aug 6, 2026

UBOT (Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares) and CHAT (Roundhill Generative AI & Technology ETF) are both Artificial Intelligence funds. UBOT is passively managed, while CHAT is actively managed. Over the past 3 years, UBOT returned 7.92%/yr vs 45.97%/yr for CHAT. Their correlation of 0.81 means they have usually moved in the same direction. UBOT charges 1.29%/yr vs 0.75%/yr for CHAT.

Performance

UBOT vs. CHAT - 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 Roundhill Generative AI & Technology ETF (CHAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UBOT achieves a -2.62% return, which is significantly lower than CHAT's 51.14% return.

UBOT

• 1D: 1.17%
• 1M: -6.03%
• 6M: -3.64%
• YTD: -2.62%
• 1Y: 7.15%
• 3Y*: 7.92%
• 5Y*: -9.02%
• 10Y*: —
• ALL TIME*: -5.68%

CHAT

• 1D: -1.08%
• 1M: -2.08%
• 6M: 50.12%
• YTD: 51.14%
• 1Y: 78.97%
• 3Y*: 45.97%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 48.79%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CHAT Roundhill Generative AI & Technology ETF	$67.53M	$57.41M	$65.64M
UBOT Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares	$403.24K	$375.59K	$557.36K

UBOT vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
UBOT Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares	-2.62%	13.42%	12.02%	13.25%
CHAT Roundhill Generative AI & Technology ETF	51.14%	49.85%	30.98%	21.04%

Correlation

The correlation between UBOT and CHAT is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.76
Correlation (3Y) Balances recent behavior with more history.	0.81
Correlation (All Time) Calculated using the full available price history since May 18, 2023	0.81

The correlation between UBOT and CHAT has been stable across timeframes, ranging from 0.76 to 0.81 - a consistent structural relationship.

UBOT vs. CHAT - Sectors Allocation Comparison

Sectors	UBOT	CHAT
Industrials	50.8%	3.6%
Technology	30.8%	78.9%
Healthcare	8.0%	-
Consumer Cyclical	6.2%	2.3%
Communication Services	4.2%	15.2%
Financial Services	0.9%	0.0%
Energy	0.5%	-
Consumer Defensive	0.0%	-
Basic Materials	0.0%	-
Utilities	0.0%	-
Real Estate	-	-

Return for Risk

UBOT vs. CHAT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

UBOT

UBOT Risk / Return Rank: 14
UBOT Sharpe Ratio Rank: 13
UBOT Sortino Ratio Rank: 16
UBOT Omega Ratio Rank: 15
UBOT Calmar Ratio Rank: 13
UBOT Martin Ratio Rank: 13

CHAT

CHAT Risk / Return Rank: 69
CHAT Sharpe Ratio Rank: 78
CHAT Sortino Ratio Rank: 64
CHAT Omega Ratio Rank: 66
CHAT Calmar Ratio Rank: 70
CHAT Martin Ratio Rank: 69

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

UBOT vs. CHAT - 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 Roundhill Generative AI & Technology ETF (CHAT). 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.

	UBOT	CHAT	Difference
Sharpe ratio: Return per unit of total volatility	0.14	2.01	-1.87
Sortino ratio: Return per unit of downside risk	0.57	2.43	-1.87
Omega ratio: Gain probability vs. loss probability	1.07	1.32	-0.25
Calmar ratio: Return relative to maximum drawdown	0.20	2.80	-2.61
Martin ratio: Return relative to average drawdown	0.47	9.68	-9.22

UBOT vs. CHAT - Sharpe Ratio Comparison

The current UBOT Sharpe Ratio is 0.14, which is lower than the CHAT Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of UBOT and CHAT, 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

UBOT vs. CHAT - Drawdown Comparison

The maximum UBOT drawdown since its inception was -86.24%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for UBOT and CHAT.

Drawdown Indicators

	UBOT	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-86.24%	-31.34%	-54.90%
Max Drawdown (1Y) Largest decline over 1 year	-36.64%	-28.34%	-8.30%
Max Drawdown (3Y) Largest decline over 3 years	-51.64%	-31.34%	-20.30%
Max Drawdown (5Y) Largest decline over 5 years	-82.90%	—	—
Current Drawdown Current decline from peak	-52.85%	-14.37%	-38.48%
Average Drawdown Average peak-to-trough decline	-49.91%	-5.77%	-44.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.36%	8.18%	+7.18%

Volatility

UBOT vs. CHAT - Volatility Comparison

Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT) and Roundhill Generative AI & Technology ETF (CHAT) have volatilities of 16.80% and 16.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UBOT	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.80%	16.97%	-0.17%
Volatility (6M) Calculated over the trailing 6-month period	43.30%	34.87%	+8.43%
Volatility (1Y) Calculated over the trailing 1-year period	52.63%	39.55%	+13.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.11%	32.58%	+21.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.54%	32.58%	+30.96%

UBOT vs. CHAT - Expense Ratio Comparison

UBOT has a 1.29% expense ratio, which is higher than CHAT's 0.75% expense ratio.

Dividends

UBOT vs. CHAT - Dividend Comparison

UBOT's dividend yield for the trailing twelve months is around 1.01%, less than CHAT's 1.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CHAT Roundhill Generative AI & Technology ETF	1.89%	2.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UBOT Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares	1.01%	0.78%	1.45%	0.65%	0.00%	2.25%	15.83%	0.55%	0.33%

Frequently Asked Questions

Can I hold both UBOT and CHAT in my portfolio?

UBOT and CHAT have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UBOT or CHAT?

CHAT has higher volatility (16.97%) compared to UBOT (16.80%). In terms of maximum drawdown, UBOT dropped -86.24% vs CHAT's -31.34%.

Which ETF is better, UBOT or CHAT?

On 3-year performance, CHAT leads with 45.97% vs 7.92% for UBOT. On fees, CHAT is cheaper at 0.75% per year. On volatility, UBOT has been the lower-risk option at 16.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UBOT or CHAT?

Over the 3-year period, CHAT has performed better with a 45.97% return vs 7.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UBOT or CHAT?

CHAT is cheaper with a 0.75% expense ratio, compared with 1.29% for UBOT.

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

CHAT has the higher dividend yield at 1.89%, compared with 1.01% for UBOT.

What is the main difference between UBOT and CHAT?

They also come from different issuers: Direxion and Roundhill. Their fees differ too: 1.29% for UBOT and 0.75% for CHAT.

Which has better risk-adjusted returns?

CHAT currently has the higher Sharpe Ratio (2.01 vs 0.14), 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.