ESBG vs. ROBT
ESBG (First Trust Enhanced Stocks, Bonds & Gold ETF) and ROBT (First Trust Nasdaq Artificial Intelligence & Robotics ETF) are both exchange-traded funds - ESBG is a Tactical Allocation fund actively managed by First Trust, while ROBT is a Technology Equities fund tracking the Nasdaq CTA Artificial Intelligence and Robotics Index. ESBG is actively managed, while ROBT is passively managed. A 0.52 correlation means they provide meaningful diversification when combined. ESBG charges 0.95%/yr vs 0.65%/yr for ROBT.
Performance
ESBG vs. ROBT - Performance Comparison
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Returns By Period
In the year-to-date period, ESBG achieves a -2.86% return, which is significantly lower than ROBT's 7.05% return.
ESBG
- 1D
- -2.33%
- 1M
- -2.85%
- 6M
- -8.17%
- YTD
- -2.86%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ROBT
- 1D
- -1.18%
- 1M
- 0.70%
- 6M
- -0.40%
- YTD
- 7.05%
- 1Y
- 14.74%
- 3Y*
- 6.32%
- 5Y*
- 1.15%
- 10Y*
- —
ESBG vs. ROBT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF | -2.86% | 5.67% |
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF | 7.05% | 3.63% |
Correlation
The correlation between ESBG and ROBT is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025 | 0.52 |
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Return for Risk
ESBG vs. ROBT — Risk / Return Rank
ESBG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ROBT
ESBG vs. ROBT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG) 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.
| ESBG | ROBT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.11 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.68 | — |
| Martin ratioReturn relative to average drawdown | — | 1.86 | — |
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Drawdowns
ESBG vs. ROBT - Drawdown Comparison
The maximum ESBG drawdown since its inception was -18.84%, smaller than the maximum ROBT drawdown of -44.47%. Use the drawdown chart below to compare losses from any high point for ESBG and ROBT.
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Drawdown Indicators
| ESBG | ROBT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.84% | -44.47% | +25.63% |
Max Drawdown (1Y)Largest decline over 1 year | — | -21.66% | — |
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 | -17.63% | -7.89% | -9.74% |
Average DrawdownAverage peak-to-trough decline | -7.74% | -15.86% | +8.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 7.96% | — |
Volatility
ESBG vs. ROBT - Volatility Comparison
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Volatility by Period
| ESBG | ROBT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.36% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 19.44% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 25.71% | 24.94% | +0.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.71% | 25.54% | +0.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.71% | 25.57% | +0.14% |
ESBG vs. ROBT - Expense Ratio Comparison
ESBG has a 0.95% expense ratio, which is higher than ROBT's 0.65% expense ratio.
Dividends
ESBG vs. ROBT - Dividend Comparison
ESBG's dividend yield for the trailing twelve months is around 1.12%, more than ROBT's 0.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF | 1.12% | 0.24% | 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
ESBG and ROBT have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ROBT is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ROBT is cheaper with a 0.65% expense ratio, compared with 0.95% for ESBG.
ESBG has the higher dividend yield at 1.12%, compared with 0.02% for ROBT.
ESBG is categorized as Tactical Allocation, while ROBT is Technology Equities. Their fees differ too: 0.95% for ESBG and 0.65% for ROBT.
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