UBOT vs. ^GSPC
Compare and contrast key facts about Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT) and S&P 500 (^GSPC).
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 ^GSPC.
Key characteristics
| UBOT | ^GSPC | |
|---|---|---|
| YTD Return | 20.59% | 25.48% |
| 1Y Return | 48.94% | 33.14% |
| 3Y Return (Ann) | -20.96% | 8.55% |
| 5Y Return (Ann) | 3.59% | 13.96% |
| Sharpe Ratio | 1.37 | 2.91 |
| Sortino Ratio | 1.88 | 3.88 |
| Omega Ratio | 1.24 | 1.55 |
| Calmar Ratio | 0.85 | 4.20 |
| Martin Ratio | 4.62 | 18.80 |
| Ulcer Index | 12.71% | 1.90% |
| Daily Std Dev | 42.92% | 12.27% |
| Max Drawdown | -86.01% | -56.78% |
| Current Drawdown | -54.05% | -0.27% |
Correlation
The correlation between UBOT and ^GSPC is 0.80, 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. ^GSPC - Performance Comparison
In the year-to-date period, UBOT achieves a 20.59% return, which is significantly lower than ^GSPC's 25.48% 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. ^GSPC - 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 S&P 500 (^GSPC). 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.
Drawdowns
UBOT vs. ^GSPC - Drawdown Comparison
The maximum UBOT drawdown since its inception was -86.01%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for UBOT and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
UBOT vs. ^GSPC - Volatility Comparison
Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT) has a higher volatility of 11.20% compared to S&P 500 (^GSPC) at 3.75%. This indicates that UBOT's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.