CMI vs. BOTZ

Last updated Jun 9, 2026

CMI (Cummins Inc.) is a stock, while BOTZ (Global X Robotics & Artificial Intelligence Thematic ETF) is Robotics fund tracking the Indxx Global Robotics & Artificial Intelligence Thematic Index. Over the past 5 years, CMI returned 24.12%/yr vs 2.40%/yr for BOTZ. At a 0.49 correlation, their price movements are largely independent.

Performance

CMI vs. BOTZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cummins Inc. (CMI) and Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CMI achieves a 32.64% return, which is significantly higher than BOTZ's 5.77% return.

CMI

• 1D: 3.30%
• 1M: -0.70%
• YTD: 32.64%
• 6M: 33.36%
• 1Y: 109.28%
• 3Y*: 46.82%
• 5Y*: 24.12%
• 10Y*: 22.34%

BOTZ

• 1D: 0.90%
• 1M: -7.55%
• YTD: 5.77%
• 6M: 4.32%
• 1Y: 22.87%
• 3Y*: 10.96%
• 5Y*: 2.40%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CMI vs. BOTZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CMI Cummins Inc.	32.64%	49.36%	48.92%	1.72%	14.09%	-1.68%	30.50%	38.04%	-22.06%	32.74%
BOTZ Global X Robotics & Artificial Intelligence Thematic ETF	5.77%	14.17%	12.26%	38.97%	-42.69%	8.65%	51.92%	31.80%	-28.34%	58.01%

Correlation

The correlation between CMI and BOTZ is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (All Time) Calculated using the full available price history since Sep 14, 2016	0.49

The correlation between CMI and BOTZ has been stable across timeframes, ranging from 0.48 to 0.51 - a consistent structural relationship.

Return for Risk

CMI vs. BOTZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CMI

CMI Risk / Return Rank: 96
CMI Sharpe Ratio Rank: 96
CMI Sortino Ratio Rank: 94
CMI Omega Ratio Rank: 94
CMI Calmar Ratio Rank: 96
CMI Martin Ratio Rank: 97

BOTZ

BOTZ Risk / Return Rank: 28
BOTZ Sharpe Ratio Rank: 28
BOTZ Sortino Ratio Rank: 29
BOTZ Omega Ratio Rank: 28
BOTZ Calmar Ratio Rank: 27
BOTZ Martin Ratio Rank: 30

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CMI vs. BOTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cummins Inc. (CMI) and Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ). 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.

	CMI	BOTZ	Difference
Sharpe ratio: Return per unit of total volatility	3.33	0.93	+2.40
Sortino ratio: Return per unit of downside risk	3.82	1.45	+2.37
Omega ratio: Gain probability vs. loss probability	1.52	1.17	+0.35
Calmar ratio: Return relative to maximum drawdown	7.22	1.19	+6.03
Martin ratio: Return relative to average drawdown	26.31	4.04	+22.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CMI vs. BOTZ - Sharpe Ratio Comparison

The current CMI Sharpe Ratio is 3.33, which is higher than the BOTZ Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of CMI and BOTZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CMI	BOTZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.33	0.93	+2.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.86	0.09	+0.77
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.79	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.42	-0.04

Drawdowns

CMI vs. BOTZ - Drawdown Comparison

The maximum CMI drawdown since its inception was -75.66%, which is greater than BOTZ's maximum drawdown of -55.54%. Use the drawdown chart below to compare losses from any high point for CMI and BOTZ.

Drawdown Indicators

	CMI	BOTZ	Difference
Max Drawdown Largest peak-to-trough decline	-75.66%	-55.54%	-20.12%
Max Drawdown (1Y) Largest decline over 1 year	-15.23%	-19.34%	+4.11%
Max Drawdown (3Y) Largest decline over 3 years	-30.48%	-29.02%	-1.46%
Max Drawdown (5Y) Largest decline over 5 years	-30.48%	-55.54%	+25.06%
Max Drawdown (10Y) Largest decline over 10 years	-44.05%	—	—
Current Drawdown Current decline from peak	-5.81%	-7.95%	+2.14%
Average Drawdown Average peak-to-trough decline	-22.23%	-18.31%	-3.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.17%	5.68%	-1.51%

Volatility

CMI vs. BOTZ - Volatility Comparison

Cummins Inc. (CMI) has a higher volatility of 12.18% compared to Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ) at 9.09%. This indicates that CMI's price experiences larger fluctuations and is considered to be riskier than BOTZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CMI	BOTZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.18%	9.09%	+3.09%
Volatility (6M) Calculated over the trailing 6-month period	27.86%	18.83%	+9.03%
Volatility (1Y) Calculated over the trailing 1-year period	33.02%	24.62%	+8.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.05%	26.83%	+1.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.26%	25.77%	+2.49%

Dividends

CMI vs. BOTZ - Dividend Comparison

CMI's dividend yield for the trailing twelve months is around 1.19%, more than BOTZ's 0.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BOTZ Global X Robotics & Artificial Intelligence Thematic ETF	0.62%	0.66%	0.13%	0.20%	0.23%	0.16%	0.19%	0.83%	1.44%	0.01%	0.06%	0.00%
CMI Cummins Inc.	1.19%	1.50%	2.01%	2.71%	2.49%	2.57%	2.33%	2.74%	3.32%	2.38%	2.93%	3.99%

Frequently Asked Questions

Can I hold both CMI and BOTZ in my portfolio?

CMI and BOTZ have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CMI or BOTZ?

CMI has higher volatility (12.18%) compared to BOTZ (9.09%). In terms of maximum drawdown, CMI dropped -75.66% vs BOTZ's -55.54%.

Which has better risk-adjusted returns?

CMI currently has the higher Sharpe Ratio (3.33 vs 0.93), 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.