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FTLS vs. ROBT
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FTLS vs. ROBT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Long/Short Equity ETF (FTLS) and First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT). The values are adjusted to include any dividend payments, if applicable.

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FTLS vs. ROBT - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
FTLS
First Trust Long/Short Equity ETF
-0.80%9.09%18.80%16.94%-5.56%19.65%2.56%16.16%-5.37%
ROBT
First Trust Nasdaq Artificial Intelligence & Robotics ETF
-11.00%15.16%-0.41%27.77%-34.94%9.91%46.18%34.28%-13.98%

Returns By Period

In the year-to-date period, FTLS achieves a -0.80% return, which is significantly higher than ROBT's -11.00% return.


FTLS

1D
1.32%
1M
-1.17%
YTD
-0.80%
6M
0.98%
1Y
10.88%
3Y*
12.98%
5Y*
9.94%
10Y*
9.10%

ROBT

1D
4.15%
1M
-9.19%
YTD
-11.00%
6M
-12.72%
1Y
13.50%
3Y*
2.99%
5Y*
-2.47%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FTLS vs. ROBT - Expense Ratio Comparison

FTLS has a 1.60% expense ratio, which is higher than ROBT's 0.65% expense ratio.


Return for Risk

FTLS vs. ROBT — Risk / Return Rank

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

FTLS
FTLS Risk / Return Rank: 6868
Overall Rank
FTLS Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
FTLS Sortino Ratio Rank: 6363
Sortino Ratio Rank
FTLS Omega Ratio Rank: 5959
Omega Ratio Rank
FTLS Calmar Ratio Rank: 7676
Calmar Ratio Rank
FTLS Martin Ratio Rank: 7878
Martin Ratio Rank

ROBT
ROBT Risk / Return Rank: 2828
Overall Rank
ROBT Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
ROBT Sortino Ratio Rank: 3232
Sortino Ratio Rank
ROBT Omega Ratio Rank: 2929
Omega Ratio Rank
ROBT Calmar Ratio Rank: 2626
Calmar Ratio Rank
ROBT Martin Ratio Rank: 2626
Martin Ratio Rank
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.

FTLS vs. ROBT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Long/Short Equity ETF (FTLS) 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.


FTLSROBTDifference

Sharpe ratio

Return per unit of total volatility

1.04

0.49

+0.55

Sortino ratio

Return per unit of downside risk

1.56

0.89

+0.67

Omega ratio

Gain probability vs. loss probability

1.21

1.11

+0.10

Calmar ratio

Return relative to maximum drawdown

1.90

0.55

+1.35

Martin ratio

Return relative to average drawdown

8.02

1.78

+6.24

FTLS vs. ROBT - Sharpe Ratio Comparison

The current FTLS Sharpe Ratio is 1.04, which is higher than the ROBT Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of FTLS and ROBT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FTLSROBTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.04

0.49

+0.55

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.94

-0.10

+1.04

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.81

Sharpe Ratio (All Time)

Calculated using the full available price history

0.77

0.23

+0.54

Correlation

The correlation between FTLS and ROBT is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

FTLS vs. ROBT - Dividend Comparison

FTLS's dividend yield for the trailing twelve months is around 0.95%, while ROBT has not paid dividends to shareholders.


TTM20252024202320222021202020192018201720162015
FTLS
First Trust Long/Short Equity ETF
0.95%1.07%1.50%1.49%0.81%0.01%0.44%0.83%0.87%0.43%1.04%0.49%
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%0.00%0.00%0.00%

Drawdowns

FTLS vs. ROBT - Drawdown Comparison

The maximum FTLS drawdown since its inception was -20.54%, smaller than the maximum ROBT drawdown of -44.47%. Use the drawdown chart below to compare losses from any high point for FTLS and ROBT.


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Drawdown Indicators


FTLSROBTDifference

Max Drawdown

Largest peak-to-trough decline

-20.54%

-44.47%

+23.93%

Max Drawdown (1Y)

Largest decline over 1 year

-6.17%

-21.66%

+15.49%

Max Drawdown (5Y)

Largest decline over 5 years

-11.69%

-43.26%

+31.57%

Max Drawdown (10Y)

Largest decline over 10 years

-20.54%

Current Drawdown

Current decline from peak

-2.34%

-21.09%

+18.75%

Average Drawdown

Average peak-to-trough decline

-2.73%

-16.09%

+13.36%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.49%

6.73%

-5.24%

Volatility

FTLS vs. ROBT - Volatility Comparison

The current volatility for First Trust Long/Short Equity ETF (FTLS) is 2.93%, while First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) has a volatility of 8.78%. This indicates that FTLS 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.


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Volatility by Period


FTLSROBTDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.93%

8.78%

-5.85%

Volatility (6M)

Calculated over the trailing 6-month period

6.53%

18.22%

-11.69%

Volatility (1Y)

Calculated over the trailing 1-year period

10.50%

27.73%

-17.23%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.65%

25.00%

-14.35%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.31%

25.50%

-14.19%