BOTT vs. AIRR
Compare and contrast key facts about Themes Robotics & Automation ETF (BOTT) and First Trust RBA American Industrial Renaissance ETF (AIRR).
BOTT and AIRR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BOTT is a passively managed fund by Themes that tracks the performance of the Solactive Industrial Robotics & Automation Index - Benchmark TR Net. It was launched on Apr 19, 2024. AIRR is a passively managed fund by First Trust that tracks the performance of the Richard Bernstein Advisors American Industrial Renaissance (TR). It was launched on Mar 10, 2014. Both BOTT and AIRR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BOTT or AIRR.
Key characteristics
| BOTT | AIRR | |
|---|---|---|
| Daily Std Dev | 27.26% | 24.20% |
| Max Drawdown | -17.38% | -42.37% |
| Current Drawdown | -7.01% | -2.56% |
Correlation
The correlation between BOTT and AIRR is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BOTT vs. AIRR - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BOTT vs. AIRR - Expense Ratio Comparison
BOTT has a 0.35% expense ratio, which is lower than AIRR's 0.70% expense ratio.
Risk-Adjusted Performance
BOTT vs. AIRR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Themes Robotics & Automation ETF (BOTT) and First Trust RBA American Industrial Renaissance ETF (AIRR). 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.
Not enough dataDividends
BOTT vs. AIRR - Dividend Comparison
BOTT has not paid dividends to shareholders, while AIRR's dividend yield for the trailing twelve months is around 0.15%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
BOTT Themes Robotics & Automation ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AIRR First Trust RBA American Industrial Renaissance ETF | 0.15% | 0.23% | 0.12% | 0.05% | 0.10% | 0.20% | 0.43% | 0.30% | 0.08% | 0.47% | 0.38% |
Drawdowns
BOTT vs. AIRR - Drawdown Comparison
The maximum BOTT drawdown since its inception was -17.38%, smaller than the maximum AIRR drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for BOTT and AIRR. For additional features, visit the drawdowns tool.
Volatility
BOTT vs. AIRR - Volatility Comparison
Themes Robotics & Automation ETF (BOTT) has a higher volatility of 9.22% compared to First Trust RBA American Industrial Renaissance ETF (AIRR) at 7.36%. This indicates that BOTT's price experiences larger fluctuations and is considered to be riskier than AIRR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.