UBOT

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

$24.17

+0.00%

Market closed. Last update: 10:49 PM ET

📎 Investment Objective

The Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares (UBOT) seeks to provide 2x the daily return of the Indxx Global Robotics & Artificial Intelligence Thematic Index, which tracks companies involved in robotics, artificial intelligence, and automation.

Overview

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

Category Leveraged

Issuer Other

Inception Date 2018-04-19

Market Cap $30.8M

Average Volume N/A

Dividend Yield 1.01%

52-Week Range $12.79 - $28.81

VWAP $24.23

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

UBOT is a leveraged ETF that aims to achieve its 2x daily target by using derivatives and other financial instruments. It does not seek to achieve its 2x target over periods longer than a single trading day.

✨ Key Features

Provides 2x the daily performance of the underlying index
Focused on companies in the robotics, AI, and automation sectors
Utilizes leverage and derivatives to achieve its 2x daily target
Resets daily, so longer-term performance may differ from 2x the index

⚠️ Primary Risks

Significant daily volatility and potential for losses due to leverage
Tracking error between the ETF's daily returns and 2x the index
Concentration risk as the fund is focused on a specific industry theme
Liquidity risk due to the relatively small asset size of the fund

👤 Best For

UBOT is best suited for experienced, risk-tolerant investors with a short-term trading horizon who seek to amplify their exposure to robotics, AI, and automation companies on a daily basis. It is not recommended for long-term buy-and-hold investors due to the effects of compounding and potential for significant losses over time.