UBOT vs. ERSX
Compare and contrast key facts about Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT) and ERShares NextGen Entrepreneurs ETF (ERSX).
UBOT and ERSX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UBOT is a passively managed fund by Direxion that tracks the performance of the Indxx Global Robotics & Artificial Intelligence Thematic Index (300%). It was launched on Apr 19, 2018. ERSX is a passively managed fund by Capital Impact Advisors that tracks the performance of the Entrepreneur Non-US Small Cap Index. It was launched on Dec 28, 2018. Both UBOT and ERSX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UBOT or ERSX.
Correlation
The correlation between UBOT and ERSX is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
UBOT vs. ERSX - Performance Comparison
Key characteristics
Returns By Period
UBOT
-34.96%
-26.75%
-36.69%
-25.67%
8.59%
N/A
ERSX
N/A
N/A
N/A
N/A
N/A
N/A
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UBOT vs. ERSX - Expense Ratio Comparison
UBOT has a 1.29% expense ratio, which is higher than ERSX's 0.75% expense ratio.
Risk-Adjusted Performance
UBOT vs. ERSX — Risk-Adjusted Performance Rank
UBOT
ERSX
UBOT vs. ERSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT) and ERShares NextGen Entrepreneurs ETF (ERSX). 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.
Dividends
UBOT vs. ERSX - Dividend Comparison
UBOT's dividend yield for the trailing twelve months is around 1.93%, while ERSX has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
UBOT Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares | 1.93% | 1.45% | 0.65% | 0.00% | 2.25% | 15.83% | 0.54% | 0.33% |
ERSX ERShares NextGen Entrepreneurs ETF | 0.00% | 1.37% | 0.34% | 0.00% | 22.15% | 0.49% | 1.55% | 0.00% |
Drawdowns
UBOT vs. ERSX - Drawdown Comparison
Volatility
UBOT vs. ERSX - Volatility Comparison
Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT) has a higher volatility of 32.11% compared to ERShares NextGen Entrepreneurs ETF (ERSX) at 0.00%. This indicates that UBOT's price experiences larger fluctuations and is considered to be riskier than ERSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.