UBOT vs. FLYU

Last updated Jul 22, 2026

UBOT (Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares) and FLYU (MicroSectors Travel 3X Leveraged ETNs) are both exchange-traded funds - UBOT is a Robotics fund tracking the Indxx Global Robotics & Artificial Intelligence Thematic Index (300%), while FLYU is a Leveraged Equities fund tracking the MerQube MicroSectors U.S. Travel Index. Both are passively managed. Over the past 3 years, UBOT returned -0.24%/yr vs -1.34%/yr for FLYU. A 0.64 correlation means they provide meaningful diversification when combined. UBOT charges 1.29%/yr vs 0.95%/yr for FLYU.

Performance

UBOT vs. FLYU - 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 MicroSectors Travel 3X Leveraged ETNs (FLYU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UBOT achieves a -14.56% return, which is significantly higher than FLYU's -17.85% return.

UBOT

• 1D: 3.58%
• 1M: -18.55%
• 6M: -18.05%
• YTD: -14.56%
• 1Y: -1.35%
• 3Y*: -0.24%
• 5Y*: -10.84%
• 10Y*: —
• ALL TIME*: -7.19%

FLYU

• 1D: 0.11%
• 1M: -9.91%
• 6M: -9.30%
• YTD: -17.85%
• 1Y: -22.80%
• 3Y*: -1.34%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 15.87%

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

UBOT vs. FLYU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
UBOT Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares	-14.56%	13.42%	12.02%	72.59%	-12.13%
FLYU MicroSectors Travel 3X Leveraged ETNs	-17.85%	-2.29%	33.00%	111.16%	-19.09%

Correlation

The correlation between UBOT and FLYU is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (All Time) Calculated using the full available price history since Jun 22, 2022	0.64

The correlation between UBOT and FLYU shifts across timeframes, from 0.51 (1 year) to 0.64 (all time), reflecting how their relationship changes across market environments.

UBOT vs. FLYU - Sectors Allocation Comparison

Sectors	UBOT	FLYU
Industrials	50.8%	17.7%
Technology	30.8%	16.4%
Healthcare	8.0%	-
Consumer Cyclical	6.2%	52.6%
Communication Services	4.2%	13.2%
Financial Services	0.9%	-
Energy	0.5%	-
Consumer Defensive	0.0%	-
Basic Materials	0.0%	-
Utilities	0.0%	-
Real Estate	-	0.1%

Return for Risk

UBOT vs. FLYU — Risk / Return Rank

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

UBOT

UBOT Risk / Return Rank: 11
UBOT Sharpe Ratio Rank: 10
UBOT Sortino Ratio Rank: 13
UBOT Omega Ratio Rank: 12
UBOT Calmar Ratio Rank: 10
UBOT Martin Ratio Rank: 10

FLYU

FLYU Risk / Return Rank: 7
FLYU Sharpe Ratio Rank: 7
FLYU Sortino Ratio Rank: 9
FLYU Omega Ratio Rank: 9
FLYU Calmar Ratio Rank: 6
FLYU Martin Ratio Rank: 6

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. FLYU - 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 MicroSectors Travel 3X Leveraged ETNs (FLYU). 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	FLYU	Difference
Sharpe ratio: Return per unit of total volatility	-0.03	-0.31	+0.28
Sortino ratio: Return per unit of downside risk	0.34	0.03	+0.31
Omega ratio: Gain probability vs. loss probability	1.04	1.00	+0.04
Calmar ratio: Return relative to maximum drawdown	-0.04	-0.44	+0.40
Martin ratio: Return relative to average drawdown	-0.10	-0.88	+0.78

UBOT vs. FLYU - Sharpe Ratio Comparison

The current UBOT Sharpe Ratio is -0.03, which is higher than the FLYU Sharpe Ratio of -0.31. The chart below compares the historical Sharpe Ratios of UBOT and FLYU, 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. FLYU - Drawdown Comparison

The maximum UBOT drawdown since its inception was -86.24%, which is greater than FLYU's maximum drawdown of -69.00%. Use the drawdown chart below to compare losses from any high point for UBOT and FLYU.

Drawdown Indicators

	UBOT	FLYU	Difference
Max Drawdown Largest peak-to-trough decline	-86.24%	-69.00%	-17.24%
Max Drawdown (1Y) Largest decline over 1 year	-35.90%	-52.33%	+16.43%
Max Drawdown (3Y) Largest decline over 3 years	-51.64%	-69.00%	+17.36%
Max Drawdown (5Y) Largest decline over 5 years	-82.90%	—	—
Current Drawdown Current decline from peak	-58.63%	-34.84%	-23.79%
Average Drawdown Average peak-to-trough decline	-49.86%	-26.59%	-23.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.95%	25.94%	-11.99%

Volatility

UBOT vs. FLYU - Volatility Comparison

Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT) has a higher volatility of 19.42% compared to MicroSectors Travel 3X Leveraged ETNs (FLYU) at 17.61%. This indicates that UBOT's price experiences larger fluctuations and is considered to be riskier than FLYU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UBOT	FLYU	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.42%	17.61%	+1.81%
Volatility (6M) Calculated over the trailing 6-month period	42.46%	61.02%	-18.56%
Volatility (1Y) Calculated over the trailing 1-year period	52.53%	74.53%	-22.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.88%	82.89%	-29.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.57%	82.89%	-19.32%

UBOT vs. FLYU - Expense Ratio Comparison

UBOT has a 1.29% expense ratio, which is higher than FLYU's 0.95% expense ratio.

Dividends

UBOT vs. FLYU - Dividend Comparison

UBOT's dividend yield for the trailing twelve months is around 1.15%, while FLYU has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FLYU MicroSectors Travel 3X Leveraged ETNs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UBOT Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares	1.15%	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 FLYU in my portfolio?

UBOT and FLYU have a correlation of 0.51, 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 FLYU?

UBOT has higher volatility (19.42%) compared to FLYU (17.61%). In terms of maximum drawdown, UBOT dropped -86.24% vs FLYU's -69.00%.

Which ETF is better, UBOT or FLYU?

On 3-year performance, UBOT leads with -0.24% vs -1.34% for FLYU. On fees, FLYU is cheaper at 0.95% per year. On volatility, FLYU has been the lower-risk option at 17.61%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UBOT or FLYU?

Over the 3-year period, UBOT has performed better with a -0.24% return vs -1.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UBOT or FLYU?

FLYU is cheaper with a 0.95% expense ratio, compared with 1.29% for UBOT.

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

UBOT has the higher dividend yield at 1.15%, compared with 0.00% for FLYU.

What is the main difference between UBOT and FLYU?

UBOT is categorized as Robotics, while FLYU is Leveraged Equities. UBOT tracks Indxx Global Robotics & Artificial Intelligence Thematic Index (300%), while FLYU tracks MerQube MicroSectors U.S. Travel Index. They also come from different issuers: Direxion and REX. Their fees differ too: 1.29% for UBOT and 0.95% for FLYU.

Which has better risk-adjusted returns?

UBOT currently has the higher Sharpe Ratio (-0.03 vs -0.31), 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.