UBOT Fees and Costs — Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2x Shares
Data updated: 2026-09-28
The net expense ratio is 1.32% (1.34% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $35K in broker commissions, 0.1263% of average net assets, and portfolio turnover was 0%.
UBOT Fees and Expenses
Annual operating expenses and sales charges of UBOT. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.22% |
| Gross expense ratio | 1.34% |
| Fee waiver | −0.02% |
| Net expense ratio | 1.32% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
UBOT Costs Over Time
On $10,000 invested in UBOT, assuming 5% a year before costs, total costs come to $897 over 5 years, cutting the return by 1.52% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.32%) | $139 | $430 | $743 |
| Trading costs (broker commissions) | $13 | $41 | $71 |
| Lost growth on money paid in costs | $0 | $23 | $83 |
| Total costs | $152 | $495 | $897 |
| Value after costs | $10,348 | $11,081 | $11,866 |
| Impact on return, per year | 1.52% | 1.52% | 1.52% |
UBOT Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1263%
- Total broker commissions: $35K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 0%
- Securities on loan, average value: $163K
- Net income from securities lending: $357 (0.001% of average net assets)
UBOT Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS AG | $17K | 49.18% |
| Citibank, National Association | $8K | 21.82% |
| JPMorgan Chase Bank, National Association | $5K | 15.48% |
| Barclays Bank PLC | $4K | 10.63% |
| BNP Paribas | $1K | 2.89% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.