UBOT vs. IQM - ETF Comparison
UBOT - Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares
The Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares ETF provides investors with 2x daily leveraged exposure to the Indxx Global Robotics & Artificial Intelligence Thematic Index, which tracks companies involved in the development of robotics, artificial intelligence, and automation. The fund offers a diversified portfolio of global robotics and AI companies, with a market capitalization-weighted approach.
IQM - Franklin Intelligent Machines ETF
The Franklin Intelligent Machines ETF is an actively managed fund that invests in companies that are expected to benefit from advances in machine learning, robotics, and artificial intelligence. The fund aims to provide investors with exposure to the growing theme of intelligent machines and artificial intelligence, with a focus on companies that are driving innovation in this space.
| UBOT | IQM | |
|---|---|---|
| Fund Name | Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares | Franklin Intelligent Machines ETF |
| Fund Provider | Rafferty Asset Management | Franklin Templeton |
| Index | Indxx Global Robotics & Artificial Intelligence Thematic Index (200%) | Active (No Index) |
| Asset Class | Equity | Equity |
| Listing | US-listed | US-listed |
| Expense Ratio | 1.38% | 0.50% |
| Inception Date | 2018-04-19 | 2020-02-25 |
| Number Of Holdings | 2 | 58 |
| Region | Developed Markets | United States |
| Investment Style | Blend | Blend |
| Market Cap | Blend | Blend |
| Sector | Technology | Technology |
| Sector Detail | AI & Robotics | AI & Robotics |
| Leveraged | Leveraged | Non-leveraged |
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Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.