FCFY vs. ROBT

Last updated Jun 4, 2026

FCFY (First Trust S&P 500 Diversified Free Cash Flow ETF) and ROBT (First Trust Nasdaq Artificial Intelligence & Robotics ETF) are both exchange-traded funds - FCFY is a Large Cap Value Equities fund tracking the S&P 500 Sector-Neutral FCF Index - Benchmark TR Gross, while ROBT is a Technology Equities fund tracking the Nasdaq CTA Artificial Intelligence and Robotics Index. Both are passively managed. Over the past year, FCFY returned 20.70% vs 30.71% for ROBT. A 0.73 correlation means they provide meaningful diversification when combined. FCFY charges 0.60%/yr vs 0.65%/yr for ROBT.

Performance

FCFY vs. ROBT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) and First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FCFY achieves a 3.09% return, which is significantly lower than ROBT's 14.22% return.

FCFY

• 1D: -1.02%
• 1M: 5.88%
• YTD: 3.09%
• 6M: 4.54%
• 1Y: 20.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ROBT

• 1D: -1.73%
• 1M: 13.18%
• YTD: 14.22%
• 6M: 12.64%
• 1Y: 30.71%
• 3Y*: 10.10%
• 5Y*: 2.38%
• 10Y*: —

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

FCFY vs. ROBT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FCFY First Trust S&P 500 Diversified Free Cash Flow ETF	3.09%	16.76%	11.28%	11.06%
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF	14.22%	15.16%	-0.41%	10.52%

Correlation

The correlation between FCFY and ROBT is 0.66, 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	0.66
Correlation (All Time) Calculated using the full available price history since Aug 25, 2023	0.73

The correlation between FCFY and ROBT has been stable across timeframes, ranging from 0.66 to 0.73 - a consistent structural relationship.

FCFY vs. ROBT - Sectors Allocation Comparison

Sectors	FCFY	ROBT
Technology	37.4%	57.0%
Financial Services	11.5%	1.6%
Communication Services	10.3%	4.1%
Healthcare	10.1%	7.4%
Consumer Cyclical	9.8%	6.6%
Industrials	5.8%	20.4%
Consumer Defensive	5.1%	1.4%
Energy	4.0%	1.5%
Utilities	2.5%	-
Real Estate	1.9%	-
Basic Materials	1.7%	-

Return for Risk

FCFY vs. ROBT — Risk / Return Rank

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

FCFY

FCFY Risk / Return Rank: 34
FCFY Sharpe Ratio Rank: 35
FCFY Sortino Ratio Rank: 36
FCFY Omega Ratio Rank: 34
FCFY Calmar Ratio Rank: 35
FCFY Martin Ratio Rank: 31

ROBT

ROBT Risk / Return Rank: 32
ROBT Sharpe Ratio Rank: 36
ROBT Sortino Ratio Rank: 35
ROBT Omega Ratio Rank: 32
ROBT Calmar Ratio Rank: 29
ROBT Martin Ratio Rank: 28

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.

FCFY vs. ROBT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) 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.

	FCFY	ROBT	Difference
Sharpe ratio: Return per unit of total volatility	1.28	1.32	-0.05
Sortino ratio: Return per unit of downside risk	1.88	1.88	+0.01
Omega ratio: Gain probability vs. loss probability	1.23	1.22	0.00
Calmar ratio: Return relative to maximum drawdown	1.74	1.42	+0.32
Martin ratio: Return relative to average drawdown	4.64	4.09	+0.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCFY vs. ROBT - Sharpe Ratio Comparison

The current FCFY Sharpe Ratio is 1.28, which is comparable to the ROBT Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of FCFY and ROBT, 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

	FCFY	ROBT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.28	1.32	-0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.09	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.35	+0.53

Drawdowns

FCFY vs. ROBT - Drawdown Comparison

The maximum FCFY drawdown since its inception was -21.36%, smaller than the maximum ROBT drawdown of -44.47%. Use the drawdown chart below to compare losses from any high point for FCFY and ROBT.

Drawdown Indicators

	FCFY	ROBT	Difference
Max Drawdown Largest peak-to-trough decline	-21.36%	-44.47%	+23.11%
Max Drawdown (1Y) Largest decline over 1 year	-11.94%	-21.66%	+9.72%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.68%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-43.26%	—
Current Drawdown Current decline from peak	-2.17%	-1.73%	-0.44%
Average Drawdown Average peak-to-trough decline	-3.50%	-15.97%	+12.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.47%	7.53%	-3.06%

Volatility

FCFY vs. ROBT - Volatility Comparison

The current volatility for First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) is 4.72%, while First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) has a volatility of 6.46%. This indicates that FCFY experiences smaller price fluctuations and is considered to be less risky than ROBT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCFY	ROBT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.72%	6.46%	-1.74%
Volatility (6M) Calculated over the trailing 6-month period	11.29%	17.51%	-6.22%
Volatility (1Y) Calculated over the trailing 1-year period	16.39%	23.32%	-6.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.54%	25.18%	-7.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.54%	25.48%	-7.94%

FCFY vs. ROBT - Expense Ratio Comparison

FCFY has a 0.60% expense ratio, which is lower than ROBT's 0.65% expense ratio.

Dividends

FCFY vs. ROBT - Dividend Comparison

FCFY's dividend yield for the trailing twelve months is around 1.43%, while ROBT has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FCFY First Trust S&P 500 Diversified Free Cash Flow ETF	1.43%	1.48%	1.76%	0.73%	0.00%	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

Can I hold both FCFY and ROBT in my portfolio?

FCFY and ROBT have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FCFY or ROBT?

ROBT has higher volatility (6.46%) compared to FCFY (4.72%). In terms of maximum drawdown, FCFY dropped -21.36% vs ROBT's -44.47%.

Which ETF is better, FCFY or ROBT?

On 1-year performance, ROBT leads with 30.71% vs 20.70% for FCFY. On fees, FCFY is cheaper at 0.60% per year. On volatility, FCFY has been the lower-risk option at 4.72%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FCFY or ROBT?

Over the 1-year period, ROBT has performed better with a 30.71% return vs 20.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FCFY or ROBT?

FCFY is cheaper with a 0.60% expense ratio, compared with 0.65% for ROBT.

Which ETF pays a higher dividend yield, FCFY or ROBT?

FCFY has the higher dividend yield at 1.43%, compared with 0.00% for ROBT.

What is the main difference between FCFY and ROBT?

FCFY is categorized as Large Cap Value Equities, while ROBT is Technology Equities. FCFY tracks S&P 500 Sector-Neutral FCF Index - Benchmark TR Gross, while ROBT tracks Nasdaq CTA Artificial Intelligence and Robotics Index. Their fees differ too: 0.60% for FCFY and 0.65% for ROBT.

Which has better risk-adjusted returns?

ROBT currently has the higher Sharpe Ratio (1.32 vs 1.28), 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.