UBOT vs. PLTR
Compare and contrast key facts about Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT) and Palantir Technologies Inc. (PLTR).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UBOT or PLTR.
Key characteristics
| UBOT | PLTR | |
|---|---|---|
| YTD Return | 13.17% | 35.88% |
| 1Y Return | 37.19% | 216.12% |
| 3Y Return (Ann) | -15.76% | 2.54% |
| Sharpe Ratio | 0.90 | 2.95 |
| Daily Std Dev | 42.40% | 70.64% |
| Max Drawdown | -86.01% | -84.62% |
| Current Drawdown | -56.87% | -40.18% |
Correlation
The correlation between UBOT and PLTR is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
UBOT vs. PLTR - Performance Comparison
In the year-to-date period, UBOT achieves a 13.17% return, which is significantly lower than PLTR's 35.88% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
UBOT vs. PLTR - 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 Palantir Technologies Inc. (PLTR). 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. PLTR - Dividend Comparison
UBOT's dividend yield for the trailing twelve months is around 0.84%, while PLTR has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
UBOT Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares | 0.84% | 0.65% | 0.00% | 2.25% | 15.83% | 0.54% | 0.33% |
PLTR Palantir Technologies Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
UBOT vs. PLTR - Drawdown Comparison
The maximum UBOT drawdown since its inception was -86.01%, roughly equal to the maximum PLTR drawdown of -84.62%. Use the drawdown chart below to compare losses from any high point for UBOT and PLTR. For additional features, visit the drawdowns tool.
Volatility
UBOT vs. PLTR - Volatility Comparison
Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT) has a higher volatility of 13.03% compared to Palantir Technologies Inc. (PLTR) at 10.40%. This indicates that UBOT's price experiences larger fluctuations and is considered to be riskier than PLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.