WEBL vs. UBOT

Last updated Jul 22, 2026

WEBL (Daily Dow Jones Internet Bull 3X Shares) and UBOT (Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares) are both exchange-traded funds - WEBL is a Leveraged Equities fund tracking the Dow Jones Internet Composite Index (300%), 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, WEBL returned -22.59%/yr vs -10.84%/yr for UBOT. A 0.75 correlation means they provide meaningful diversification when combined. WEBL charges 1.17%/yr vs 1.29%/yr for UBOT.

Performance

WEBL vs. UBOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Daily Dow Jones Internet Bull 3X Shares (WEBL) 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, WEBL achieves a -11.51% return, which is significantly higher than UBOT's -14.56% return.

WEBL

• 1D: -0.86%
• 1M: 3.14%
• 6M: 4.09%
• YTD: -11.51%
• 1Y: -19.70%
• 3Y*: 25.10%
• 5Y*: -22.59%
• 10Y*: —
• ALL TIME*: 0.07%

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%

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

WEBL vs. UBOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
WEBL Daily Dow Jones Internet Bull 3X Shares	-11.51%	2.37%	76.78%	165.50%	-91.04%	2.73%	132.56%	10.36%
UBOT Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares	-14.56%	13.42%	12.02%	72.59%	-72.45%	9.78%	80.13%	4.58%

Correlation

The correlation between WEBL and UBOT is 0.57, 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	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (All Time) Calculated using the full available price history since Nov 7, 2019	0.75

The correlation between WEBL and UBOT shifts across timeframes, from 0.57 (1 year) to 0.77 (5 years), reflecting how their relationship changes across market environments.

WEBL vs. UBOT - Sectors Allocation Comparison

Sectors	WEBL	UBOT
Technology	8.5%	30.8%
Communication Services	5.0%	4.2%
Consumer Cyclical	4.1%	6.2%
Financial Services	0.4%	0.9%
Healthcare	0.2%	8.0%
Industrials	0.2%	50.8%
Basic Materials	-	0.0%
Consumer Defensive	-	0.0%
Energy	-	0.5%
Real Estate	-	-
Utilities	-	0.0%

Return for Risk

WEBL vs. UBOT — Risk / Return Rank

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

WEBL

WEBL Risk / Return Rank: 7
WEBL Sharpe Ratio Rank: 7
WEBL Sortino Ratio Rank: 8
WEBL Omega Ratio Rank: 8
WEBL Calmar Ratio Rank: 7
WEBL Martin Ratio Rank: 7

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

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.

WEBL vs. UBOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Daily Dow Jones Internet Bull 3X Shares (WEBL) 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.

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.

	WEBL	UBOT	Difference
Sharpe ratio: Return per unit of total volatility	-0.33	-0.03	-0.31
Sortino ratio: Return per unit of downside risk	-0.10	0.34	-0.44
Omega ratio: Gain probability vs. loss probability	0.99	1.04	-0.05
Calmar ratio: Return relative to maximum drawdown	-0.35	-0.04	-0.31
Martin ratio: Return relative to average drawdown	-0.70	-0.10	-0.60

WEBL vs. UBOT - Sharpe Ratio Comparison

The current WEBL Sharpe Ratio is -0.33, which is lower than the UBOT Sharpe Ratio of -0.03. The chart below compares the historical Sharpe Ratios of WEBL 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.

Drawdowns

WEBL vs. UBOT - Drawdown Comparison

The maximum WEBL drawdown since its inception was -94.44%, which is greater than UBOT's maximum drawdown of -86.24%. Use the drawdown chart below to compare losses from any high point for WEBL and UBOT.

Drawdown Indicators

	WEBL	UBOT	Difference
Max Drawdown Largest peak-to-trough decline	-94.44%	-86.24%	-8.20%
Max Drawdown (1Y) Largest decline over 1 year	-56.57%	-35.90%	-20.67%
Max Drawdown (3Y) Largest decline over 3 years	-60.82%	-51.64%	-9.18%
Max Drawdown (5Y) Largest decline over 5 years	-94.44%	-82.90%	-11.54%
Current Drawdown Current decline from peak	-73.95%	-58.63%	-15.32%
Average Drawdown Average peak-to-trough decline	-59.13%	-49.86%	-9.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.27%	13.95%	+14.32%

Volatility

WEBL vs. UBOT - Volatility Comparison

The current volatility for Daily Dow Jones Internet Bull 3X Shares (WEBL) is 15.82%, while Direxion Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT) has a volatility of 19.42%. This indicates that WEBL 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

	WEBL	UBOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.82%	19.42%	-3.60%
Volatility (6M) Calculated over the trailing 6-month period	47.69%	42.46%	+5.23%
Volatility (1Y) Calculated over the trailing 1-year period	59.30%	52.53%	+6.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	81.11%	53.88%	+27.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	82.56%	63.57%	+18.99%

WEBL vs. UBOT - Expense Ratio Comparison

WEBL has a 1.17% expense ratio, which is lower than UBOT's 1.29% expense ratio.

Dividends

WEBL vs. UBOT - Dividend Comparison

WEBL's dividend yield for the trailing twelve months is around 0.18%, less than UBOT's 1.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
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%
WEBL Daily Dow Jones Internet Bull 3X Shares	0.18%	0.25%	0.00%	0.00%	0.00%	4.79%	0.00%	0.06%	0.00%

Frequently Asked Questions

Can I hold both WEBL and UBOT in my portfolio?

WEBL and UBOT have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WEBL or UBOT?

UBOT has higher volatility (19.42%) compared to WEBL (15.82%). In terms of maximum drawdown, WEBL dropped -94.44% vs UBOT's -86.24%.

Which ETF is better, WEBL or UBOT?

On 5-year performance, UBOT leads with -10.84% vs -22.59% for WEBL. On fees, WEBL is cheaper at 1.17% per year. On volatility, WEBL has been the lower-risk option at 15.82%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WEBL or UBOT?

Over the 5-year period, UBOT has performed better with a -10.84% return vs -22.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WEBL or UBOT?

WEBL is cheaper with a 1.17% expense ratio, compared with 1.29% for UBOT.

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

UBOT has the higher dividend yield at 1.15%, compared with 0.18% for WEBL.

What is the main difference between WEBL and UBOT?

WEBL is categorized as Leveraged Equities, while UBOT is Robotics. WEBL tracks Dow Jones Internet Composite Index (300%), while UBOT tracks Indxx Global Robotics & Artificial Intelligence Thematic Index (300%). Their fees differ too: 1.17% for WEBL and 1.29% for UBOT.

Which has better risk-adjusted returns?

UBOT currently has the higher Sharpe Ratio (-0.03 vs -0.33), 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.