UJB vs. UBOT

Last updated Jun 4, 2026

UJB (ProShares Ultra High Yield) and UBOT (Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares) are both exchange-traded funds - UJB is a Leveraged Bonds fund tracking the Markit iBoxx $ Liquid High Yield Index, while UBOT is a Robotics fund tracking the Indxx Global Robotics & Artificial Intelligence Thematic Index (300%). Both are passively managed. Over the past 5 years, UJB returned 3.01%/yr vs -6.34%/yr for UBOT. A 0.61 correlation means they provide meaningful diversification when combined. UJB charges 0.95%/yr vs 1.29%/yr for UBOT.

Performance

UJB vs. UBOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra High Yield (UJB) and Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UJB achieves a 0.81% return, which is significantly lower than UBOT's 16.93% return.

UJB

• 1D: -0.45%
• 1M: 0.33%
• YTD: 0.81%
• 6M: 1.28%
• 1Y: 8.44%
• 3Y*: 11.49%
• 5Y*: 3.01%
• 10Y*: 6.36%

UBOT

• 1D: -1.65%
• 1M: 9.27%
• YTD: 16.93%
• 6M: 21.77%
• 1Y: 49.20%
• 3Y*: 12.40%
• 5Y*: -6.34%
• 10Y*: —

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

UJB vs. UBOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
UJB ProShares Ultra High Yield	0.81%	12.22%	9.41%	17.70%	-23.27%	6.96%	5.19%	26.68%	-5.94%
UBOT Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares	16.93%	13.42%	12.02%	72.59%	-72.45%	9.78%	80.13%	87.34%	-71.27%

Correlation

The correlation between UJB and UBOT is 0.59, 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	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (All Time) Calculated using the full available price history since Apr 20, 2018	0.61

The correlation between UJB and UBOT has been stable across timeframes, ranging from 0.59 to 0.66 - a consistent structural relationship.

UJB vs. UBOT - Sectors Allocation Comparison

Sectors	UJB	UBOT
Energy	100.0%	0.5%
Basic Materials	-	0.0%
Communication Services	-	4.5%
Consumer Cyclical	-	6.1%
Consumer Defensive	-	0.0%
Financial Services	-	0.9%
Healthcare	-	9.0%
Industrials	-	48.6%
Real Estate	-	-
Technology	-	31.8%
Utilities	-	0.0%

Return for Risk

UJB vs. UBOT — Risk / Return Rank

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

UJB

UJB Risk / Return Rank: 35
UJB Sharpe Ratio Rank: 32
UJB Sortino Ratio Rank: 32
UJB Omega Ratio Rank: 32
UJB Calmar Ratio Rank: 34
UJB Martin Ratio Rank: 44

UBOT

UBOT Risk / Return Rank: 29
UBOT Sharpe Ratio Rank: 28
UBOT Sortino Ratio Rank: 30
UBOT Omega Ratio Rank: 28
UBOT Calmar Ratio Rank: 28
UBOT Martin Ratio Rank: 30

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.

UJB vs. UBOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra High Yield (UJB) and Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT). 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.

	UJB	UBOT	Difference
Sharpe ratio: Return per unit of total volatility	1.16	1.04	+0.13
Sortino ratio: Return per unit of downside risk	1.74	1.66	+0.08
Omega ratio: Gain probability vs. loss probability	1.22	1.19	+0.02
Calmar ratio: Return relative to maximum drawdown	1.69	1.38	+0.31
Martin ratio: Return relative to average drawdown	7.20	4.39	+2.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UJB vs. UBOT - Sharpe Ratio Comparison

The current UJB Sharpe Ratio is 1.16, which is comparable to the UBOT Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of UJB and UBOT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	UJB	UBOT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.16	1.04	+0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.21	-0.12	+0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	-0.05	+0.38

Drawdowns

UJB vs. UBOT - Drawdown Comparison

The maximum UJB drawdown since its inception was -40.14%, smaller than the maximum UBOT drawdown of -86.01%. Use the drawdown chart below to compare losses from any high point for UJB and UBOT.

Drawdown Indicators

	UJB	UBOT	Difference
Max Drawdown Largest peak-to-trough decline	-40.14%	-86.01%	+45.87%
Max Drawdown (1Y) Largest decline over 1 year	-5.01%	-35.90%	+30.89%
Max Drawdown (3Y) Largest decline over 3 years	-9.47%	-51.64%	+42.17%
Max Drawdown (5Y) Largest decline over 5 years	-30.14%	-82.90%	+52.76%
Max Drawdown (10Y) Largest decline over 10 years	-40.14%	—	—
Current Drawdown Current decline from peak	-0.85%	-43.38%	+42.53%
Average Drawdown Average peak-to-trough decline	-6.17%	-49.53%	+43.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.17%	11.24%	-10.07%

Volatility

UJB vs. UBOT - Volatility Comparison

The current volatility for ProShares Ultra High Yield (UJB) is 2.29%, while Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT) has a volatility of 15.45%. This indicates that UJB experiences smaller price fluctuations and is considered to be less risky than UBOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UJB	UBOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.29%	15.45%	-13.16%
Volatility (6M) Calculated over the trailing 6-month period	5.76%	36.47%	-30.71%
Volatility (1Y) Calculated over the trailing 1-year period	7.29%	47.78%	-40.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.67%	52.94%	-38.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.28%	63.46%	-45.18%

UJB vs. UBOT - Expense Ratio Comparison

UJB has a 0.95% expense ratio, which is lower than UBOT's 1.29% expense ratio.

Dividends

UJB vs. UBOT - Dividend Comparison

UJB's dividend yield for the trailing twelve months is around 3.35%, more than UBOT's 0.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UBOT Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares	0.80%	0.78%	1.45%	0.65%	0.00%	2.25%	15.83%	0.55%	0.33%	0.00%	0.00%	0.00%
UJB ProShares Ultra High Yield	3.35%	2.61%	3.02%	3.92%	0.05%	0.63%	2.88%	3.95%	3.22%	2.67%	2.35%	3.62%

Frequently Asked Questions

Can I hold both UJB and UBOT in my portfolio?

UJB and UBOT have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UJB or UBOT?

UBOT has higher volatility (15.45%) compared to UJB (2.29%). In terms of maximum drawdown, UJB dropped -40.14% vs UBOT's -86.01%.

Which ETF is better, UJB or UBOT?

On 5-year performance, UJB leads with 3.01% vs -6.34% for UBOT. On fees, UJB is cheaper at 0.95% per year. On volatility, UJB has been the lower-risk option at 2.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UJB or UBOT?

Over the 5-year period, UJB has performed better with a 3.01% return vs -6.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UJB or UBOT?

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

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

UJB has the higher dividend yield at 3.35%, compared with 0.80% for UBOT.

What is the main difference between UJB and UBOT?

UJB is categorized as Leveraged Bonds, while UBOT is Robotics. UJB tracks Markit iBoxx $ Liquid High Yield Index, while UBOT tracks Indxx Global Robotics & Artificial Intelligence Thematic Index (300%). They also come from different issuers: ProShares and Direxion. Their fees differ too: 0.95% for UJB and 1.29% for UBOT.

Which has better risk-adjusted returns?

UJB currently has the higher Sharpe Ratio (1.16 vs 1.04), 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.