DRGN vs. ROBT
DRGN (Themes China Generative Artificial Intelligence ETF) and ROBT (First Trust Nasdaq Artificial Intelligence & Robotics ETF) are both Artificial Intelligence funds - DRGN tracks the BITA China Generative AI Select Index while ROBT tracks the Nasdaq CTA Artificial Intelligence and Robotics Index. Both are passively managed. Over the past year, DRGN returned 37.74% vs 16.58% for ROBT. Their 0.46 correlation means their historical movements had little consistent relationship. DRGN charges 0.39%/yr vs 0.65%/yr for ROBT.
Performance
DRGN vs. ROBT - Performance Comparison
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Returns By Period
In the year-to-date period, DRGN achieves a 13.71% return, which is significantly higher than ROBT's 12.63% return.
DRGN
- 1D
- 4.60%
- 1M
- 4.46%
- 6M
- 5.58%
- YTD
- 13.71%
- 1Y
- 37.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 41.66%
ROBT
- 1D
- 3.72%
- 1M
- 3.83%
- 6M
- 14.00%
- YTD
- 12.63%
- 1Y
- 16.58%
- 3Y*
- 9.81%
- 5Y*
- 1.57%
- 10Y*
- —
- ALL TIME*
- 8.40%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $473.92K | $435.90K | $560.91K | |
| $3.00M | $2.38M | $2.94M |
DRGN vs. ROBT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DRGN Themes China Generative Artificial Intelligence ETF | 13.71% | 26.96% |
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF | 12.63% | 7.43% |
Correlation
The correlation between DRGN and ROBT is 0.47, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025 | 0.46 |
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Return for Risk
DRGN vs. ROBT — Risk / Return Rank
DRGN
ROBT
DRGN vs. ROBT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Themes China Generative Artificial Intelligence ETF (DRGN) 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.
| DRGN | ROBT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.12 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.82 | 0.77 | +1.05 |
| Martin ratioReturn relative to average drawdown | 3.61 | 2.00 | +1.61 |
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Drawdowns
DRGN vs. ROBT - Drawdown Comparison
The maximum DRGN drawdown since its inception was -20.86%, smaller than the maximum ROBT drawdown of -44.47%. Use the drawdown chart below to compare losses from any high point for DRGN and ROBT.
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Drawdown Indicators
| DRGN | ROBT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.86% | -44.47% | +23.61% |
Max Drawdown (1Y)Largest decline over 1 year | -20.86% | -21.66% | +0.80% |
Max Drawdown (3Y)Largest decline over 3 years | — | -27.68% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -43.26% | — |
Current DrawdownCurrent decline from peak | -9.32% | -3.09% | -6.23% |
Average DrawdownAverage peak-to-trough decline | -8.41% | -15.82% | +7.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.47% | 8.30% | +2.17% |
Volatility
DRGN vs. ROBT - Volatility Comparison
Themes China Generative Artificial Intelligence ETF (DRGN) has a higher volatility of 12.67% compared to First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) at 7.06%. This indicates that DRGN's price experiences larger fluctuations and is considered to be riskier than ROBT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DRGN | ROBT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.67% | 7.06% | +5.61% |
Volatility (6M)Calculated over the trailing 6-month period | 26.15% | 19.69% | +6.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.79% | 25.22% | +11.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.16% | 25.64% | +10.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.16% | 25.56% | +10.60% |
DRGN vs. ROBT - Expense Ratio Comparison
DRGN has a 0.39% expense ratio, which is lower than ROBT's 0.65% expense ratio.
Dividends
DRGN vs. ROBT - Dividend Comparison
DRGN's dividend yield for the trailing twelve months is around 1.07%, more than ROBT's 0.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DRGN Themes China Generative Artificial Intelligence ETF | 1.07% | 1.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF | 0.02% | 0.00% | 0.68% | 0.23% | 0.35% | 0.06% | 0.17% | 0.42% | 0.44% |
Frequently Asked Questions
DRGN and ROBT have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DRGN has higher volatility (12.67%) compared to ROBT (7.06%). In terms of maximum drawdown, DRGN dropped -20.86% vs ROBT's -44.47%.
On 1-year performance, DRGN leads with 37.74% vs 16.58% for ROBT. On fees, DRGN is cheaper at 0.39% per year. On volatility, ROBT has been the lower-risk option at 7.06%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, DRGN has performed better with a 37.74% return vs 16.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DRGN is cheaper with a 0.39% expense ratio, compared with 0.65% for ROBT.
DRGN has the higher dividend yield at 1.07%, compared with 0.02% for ROBT.
DRGN tracks BITA China Generative AI Select Index, while ROBT tracks Nasdaq CTA Artificial Intelligence and Robotics Index. They also come from different issuers: Themes and First Trust. Their fees differ too: 0.39% for DRGN and 0.65% for ROBT.
DRGN currently has the higher Sharpe Ratio (1.03 vs 0.66), 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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