ARVR vs. ROBT
ARVR (First Trust Indxx Metaverse ETF) and ROBT (First Trust Nasdaq Artificial Intelligence & Robotics ETF) are both Technology Equities funds from First Trust - ARVR tracks the Indxx Metaverse Index - Benchmark TR Net while ROBT tracks the Nasdaq CTA Artificial Intelligence and Robotics Index. Both are passively managed. Over the past 3 years, ARVR returned 22.77%/yr vs 6.95%/yr for ROBT. Their correlation of 0.85 suggests significant overlap in exposure. ARVR charges 0.70%/yr vs 0.65%/yr for ROBT.
Performance
ARVR vs. ROBT - Performance Comparison
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Returns By Period
In the year-to-date period, ARVR achieves a 13.47% return, which is significantly higher than ROBT's 3.51% return.
ARVR
- 1D
- -4.16%
- 1M
- -0.36%
- YTD
- 13.47%
- 6M
- 13.55%
- 1Y
- 23.99%
- 3Y*
- 22.77%
- 5Y*
- —
- 10Y*
- —
ROBT
- 1D
- -2.40%
- 1M
- -3.90%
- YTD
- 3.51%
- 6M
- 1.75%
- 1Y
- 17.15%
- 3Y*
- 6.95%
- 5Y*
- -0.08%
- 10Y*
- —
ARVR vs. ROBT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ARVR First Trust Indxx Metaverse ETF | 13.47% | 29.07% | 10.11% | 43.39% | -17.45% |
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF | 3.51% | 15.16% | -0.41% | 27.77% | -19.16% |
Correlation
The correlation between ARVR and ROBT is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Apr 20, 2022 | 0.85 |
The correlation between ARVR and ROBT has been stable across timeframes, ranging from 0.81 to 0.85 - a consistent structural relationship.
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Return for Risk
ARVR vs. ROBT — Risk / Return Rank
ARVR
ROBT
ARVR vs. ROBT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Metaverse ETF (ARVR) and First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ARVR | ROBT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.13 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 0.80 | +0.56 |
| Martin ratioReturn relative to average drawdown | 4.05 | 2.22 | +1.83 |
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Drawdowns
ARVR vs. ROBT - Drawdown Comparison
The maximum ARVR drawdown since its inception was -26.40%, smaller than the maximum ROBT drawdown of -44.47%. Use the drawdown chart below to compare losses from any high point for ARVR and ROBT.
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Drawdown Indicators
| ARVR | ROBT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.40% | -44.47% | +18.07% |
Max Drawdown (1Y)Largest decline over 1 year | -17.73% | -21.66% | +3.93% |
Max Drawdown (3Y)Largest decline over 3 years | -21.46% | -27.68% | +6.22% |
Max Drawdown (5Y)Largest decline over 5 years | — | -43.26% | — |
Current DrawdownCurrent decline from peak | -5.16% | -10.93% | +5.77% |
Average DrawdownAverage peak-to-trough decline | -5.87% | -15.91% | +10.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.93% | 7.75% | -1.82% |
Volatility
ARVR vs. ROBT - Volatility Comparison
First Trust Indxx Metaverse ETF (ARVR) and First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) have volatilities of 10.82% and 10.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARVR | ROBT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.82% | 10.81% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 17.60% | 19.33% | -1.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.41% | 24.76% | -3.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.78% | 25.49% | -1.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.78% | 25.59% | -1.81% |
ARVR vs. ROBT - Expense Ratio Comparison
ARVR has a 0.70% expense ratio, which is higher than ROBT's 0.65% expense ratio.
Dividends
ARVR vs. ROBT - Dividend Comparison
ARVR's dividend yield for the trailing twelve months is around 0.47%, while ROBT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
ARVR First Trust Indxx Metaverse ETF | 0.47% | 0.53% | 0.81% | 0.11% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% |
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF | 0.00% | 0.00% | 0.68% | 0.23% | 0.35% | 0.06% | 0.17% | 0.42% | 0.44% |
Frequently Asked Questions
ARVR and ROBT have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARVR has higher volatility (10.82%) compared to ROBT (10.81%). In terms of maximum drawdown, ARVR dropped -26.40% vs ROBT's -44.47%.
On 3-year performance, ARVR leads with 22.77% vs 6.95% for ROBT. On fees, ROBT is cheaper at 0.65% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, ARVR has performed better with a 22.77% return vs 6.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ROBT is cheaper with a 0.65% expense ratio, compared with 0.70% for ARVR.
ARVR has the higher dividend yield at 0.47%, compared with 0.00% for ROBT.
ARVR tracks Indxx Metaverse Index - Benchmark TR Net, while ROBT tracks Nasdaq CTA Artificial Intelligence and Robotics Index. Their fees differ too: 0.70% for ARVR and 0.65% for ROBT.
ARVR currently has the higher Sharpe Ratio (1.13 vs 0.70), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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