UBOT - Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 3X Shares
| Previous Close | 121.08 |
| Open | 124.00 |
| Bid | 119.50 x 800 |
| Ask | 125.99 x 900 |
| Day's Range | 122.07 - 125.33 |
| 52 Week Range | 30.10 - 149.60 |
| Volume | 10,292 |
| Avg. Volume | 21,815 |
| Net Assets | 40.44M |
| NAV | 125.68 |
| PE Ratio (TTM) | N/A |
| Yield | 0.40% |
| YTD Daily Total Return | -3.50% |
| Beta (5Y Monthly) | 0.00 |
| Expense Ratio (net) | 1.29% |
| Inception Date | 2018-04-19 |
- ETF Trends
ETF Strategist: Robotics and AI Will Be a Top Theme in 2020
Investor participation and automation—it’s a top theme in 2020 that will persist as more technological advances take place in robotics and artificial intelligence (AI). As such, investors can look to an ETF like the Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ) , which has more than $1.5 billion in net assets—a sign investors are aware of its importance for disruptive technology exposure. “I think this is intuitive with investors,” said Jay Jacobs, head of research and strategy at Global X ETFs.
- ETF Trends
Trade Wars, Weak Demand Dampened Robot Installations in 2019
“Shipments fell to 23,758, a more than 16 percent drop, according to data seen by Reuters that was set for release on Tuesday by the Association for Advancing Automation, an industry group based in Ann Arbor, Michigan,” the report added. Traders can take advantage of robotics growth via the Robotics & AI Bull 3X ETF (UBOT) . UBOT seeks daily investment results equal to 300 percent of the daily performance of the Indxx Global Robotics and Artificial Intelligence Thematic Index, which is designed to provide exposure to exchange-listed companies in developed markets that are expected to benefit from the adoption and utilization of robotics and/or artificial intelligence.
- Zacks
Best & Worst Leveraged ETFs of Last Week
Inside the top-and-worst-performing leveraged ETFs of last week.
- ETF Trends
Leverage Global Growth of Robotics with “UBOT” ETF
The robots are coming to a local warehouse near you—at least that’s what industry trends are showing, and it would serve traders best to capitalize on this move to robotics with ETFs like the Robotics & AI Bull 3X ETF (UBOT) . “The optimism in the global warehouse robotics market comes from the benefits derived from the implementation of artificial intelligence and machine learning in a warehouse setting,” noted an article in Supply & Demand Chain Executive.
- ETF Trends
Robotic Kitchen Assistant Revealed by Miso Robotics
The idiom “too many cooks in the kitchen” may soon be replaced by “too many robots in the kitchen.” Startup Miso Robotics revealed its robotic kitchen assistant to help introduce more automation in the food services industry. “According to a McKinsey & Company analysis, 73% of the activities food service workers perform have the potential for automation,” wrote Kyle Wiggers in VentureBeat. “To this end, Miso this morning unveiled the Miso Robot on a Rail (ROAR), which it describes as the ‘next generation’ of ‘cost-efficient’ robotic assistant solutions for restaurant chains,” Wiggers added.
- ETF Trends
The Marriage of Disruptive Tech and Oil Sector Could Yield Leveraged ETF Options
The oil and gas industry is undergoing its own renaissance with the incorporation of disruptive technology like data analytics, machine learning and artificial intelligence based on an L.E.K. Consulting ...
- ETF Trends
First Actively Managed Robo-Advisor Highlights Use of Robotics in Finance
Bringing greater opportunity to millions of everyday investors who want to maximize the potential of their retirement accounts and in response to demand from its thousands of users, Titan today announced the availability of individual retirement accounts (IRAs). Titan, a Y Combinator company that launched in 2018, is the first actively managed robo-advisor, seeking returns that outpace the broader stock market and providing timely content that educates and engages investors. Titan’s flagship portfolio, available immediately to IRA account holders, invests in a diverse portfolio of top-performing hedge fund stock holdings and, for downside protection, the ProShares Short S&P 500 Inverse ETF.
- Zacks
6 Leveraged ETFs That Are Up More Than 15% in September
September has been kind to the U.S. stock market thanks to another Fed rate cut and positive trade developments that have led to renewed trade of riskier assets.
- ETF Trends
China’s Lofty Robotics Goals Could Propel Gains for “UBOT” ETF
The Robotics & AI Bull 3X ETF (UBOT) is up over 40 percent thus far year-to-date and more could be on the way as the global robotics race could get interesting with the second largest economy joining the scrum. Per a South China Morning Post report, the “Chinese government sees the use of robots as a way to upgrade the nation’s manufacturing industry, with a goal of producing 100,000 locally made industrial robots annually by 2020, equal to a robot density of 150 for every 10,000 employees. UBOT seeks daily investment results equal to 300 percent of the daily performance of the Indxx Global Robotics and Artificial Intelligence Thematic Index, which is designed to provide exposure to exchange-listed companies in developed markets that are expected to benefit from the adoption and utilization of robotics and/or artificial intelligence.
