UBOTDirexion Daily Robotics, Artificial Intelligence & Automation Index Bull 3X Shares
UBOT Fund Description
UBOT offers 3X daily leveraged exposure to a market-cap-selected and -weighted index of robotics and artificial intelligence companies from developed countries.
UBOT Factset Analytics Insight
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. Unlike BOTZ, a Global X fund that tracks the same index, UBOT offers investors 3X leveraged exposure, rebalanced daily. As with any geared fund, investors should remember that 3X returns are only expected for a single day’s performance, and that the effective multiple will differ over longer periods. Monitor positions carefully and rebalance frequently. After the market close on October 29, 2020, the fund’s leverage amount will change to 2x the index.
UBOT Charts And Performance
UBOT Summary Data
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UBOT Fund Structure
UBOT Tax Exposures
UBOT Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of UBOT. UBOT is rated a N/A out of 5.