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Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X SharesDirexion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X SharesDirexion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares

Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares

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UBOT chart


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Key stats


Assets under management (AUM)
‪35.24 M‬ USD
Fund flows (1Y)
—
Dividend yield (indicated)
0.96%
Discount/Premium to NAV
—
Shares outstanding
‪1.27 M‬
Expense ratio
1.32%

About Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Home page
direxion.com
Inception date
Apr 19, 2018
Structure
Open-Ended Fund
Index tracked
Indxx Global Robotics & Artificial Intelligence Thematic Index
Replication method
Synthetic
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US25460G8235
UBOT offers leveraged exposure to firms developing and producing robots, automated products and services, and artificial intelligence. Selected companies must earn more than half their revenue from these activities, or demonstrate commitment to the space in other ways, such as investments or acquisitions. Its methodology also includes a 6% capping scheme per company at each semi-annual reconstitution. Unlike BOTZ, a Global X fund that tracks the same index, UBOT offers investors 2x leveraged exposure, rebalanced daily. As a levered product, the fund presents different risks than other types of funds and is thus not a buy-and-hold investment. It should not be expected to provide index leverage returns greater than a one-day period. Prior to October 30, 2020, the fund's leverage factor was daily 3x exposure.

Broaden your horizons with more funds linked to UBOT via country, focus, and more.

Classification


Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Robotics & AI
Strategy
Vanilla
Geography
Global
Weighting scheme
Market cap
Selection criteria
Market cap

UBOT analysis


What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Cash
Stock breakdown by region
100%
Top 10 holdings

UBOT news



Ideas



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Seasonals


Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
UBOT assets under management is ‪35.24 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
UBOT invests in funds. See more details in our Analysis section.
UBOT expense ratio is 1.32%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, UBOT is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, UBOT pays dividends to its holders with the dividend yield of 0.96%.
UBOT shares are issued by Rafferty Asset Management LLC
UBOT follows the Indxx Global Robotics & Artificial Intelligence Thematic Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 19, 2018.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.