UBOT vs. PBOT

Last updated Jul 16, 2026

UBOT (Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares) and PBOT (Pictet AI & Automation ETF) are both Robotics funds. UBOT is passively managed, while PBOT is actively managed. A 0.76 correlation means they provide meaningful diversification when combined. UBOT charges 1.29%/yr vs 0.70%/yr for PBOT.

Performance

UBOT vs. PBOT - 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 Pictet AI & Automation ETF (PBOT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UBOT achieves a -8.40% return, which is significantly lower than PBOT's 30.11% return.

UBOT

• 1D: 0.95%
• 1M: -12.31%
• 6M: -16.43%
• YTD: -8.40%
• 1Y: 10.17%
• 3Y*: 1.06%
• 5Y*: -9.18%
• 10Y*: —

PBOT

• 1D: -0.63%
• 1M: -0.77%
• 6M: 26.87%
• YTD: 30.11%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UBOT vs. PBOT - Yearly Performance Comparison

	2026 (YTD)	2025
UBOT Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares	-8.40%	-4.87%
PBOT Pictet AI & Automation ETF	30.11%	0.33%

Correlation

The correlation between UBOT and PBOT is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 16, 2025	0.76

Return for Risk

UBOT vs. PBOT — Risk / Return Rank

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

UBOT

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

PBOT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. PBOT - 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 Pictet AI & Automation ETF (PBOT). 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	PBOT	Difference
Sharpe ratio: Return per unit of total volatility	0.20	—	—
Sortino ratio: Return per unit of downside risk	0.65	—	—
Omega ratio: Gain probability vs. loss probability	1.08	—	—
Calmar ratio: Return relative to maximum drawdown	0.28	—	—
Martin ratio: Return relative to average drawdown	0.76	—	—

Drawdowns

UBOT vs. PBOT - Drawdown Comparison

The maximum UBOT drawdown since its inception was -86.24%, which is greater than PBOT's maximum drawdown of -15.78%. Use the drawdown chart below to compare losses from any high point for UBOT and PBOT.

Drawdown Indicators

	UBOT	PBOT	Difference
Max Drawdown Largest peak-to-trough decline	-86.24%	-15.78%	-70.46%
Max Drawdown (1Y) Largest decline over 1 year	-35.90%	—	—
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	-55.65%	-3.36%	-52.29%
Average Drawdown Average peak-to-trough decline	-49.84%	-4.27%	-45.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.34%	—	—

Volatility

Volatility by Period

	UBOT	PBOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	41.91%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	52.10%	26.94%	+25.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.86%	26.94%	+26.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.57%	26.94%	+36.63%

UBOT vs. PBOT - Expense Ratio Comparison

UBOT has a 1.29% expense ratio, which is higher than PBOT's 0.70% expense ratio.

Dividends

UBOT vs. PBOT - Dividend Comparison

UBOT's dividend yield for the trailing twelve months is around 1.08%, more than PBOT's 0.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
PBOT Pictet AI & Automation ETF	0.07%	0.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UBOT Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares	1.08%	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 PBOT in my portfolio?

UBOT and PBOT 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 ETF is better, UBOT or PBOT?

On fees, PBOT is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UBOT or PBOT?

PBOT is cheaper with a 0.70% expense ratio, compared with 1.29% for UBOT.

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

UBOT has the higher dividend yield at 1.08%, compared with 0.07% for PBOT.

What is the main difference between UBOT and PBOT?

They also come from different issuers: Direxion and Pictet. Their fees differ too: 1.29% for UBOT and 0.70% for PBOT.