JEDI.DE vs. IROB.DE
JEDI.DE (VanEck Space Innovators UCITS ETF) and IROB.DE (L&G ROBO Global Robotics and Automation UCITS ETF) are both exchange-traded funds - JEDI.DE is a Industrials Equities fund tracking the MVIS Global Space Industry ESG, while IROB.DE is a Technology Equities fund tracking the ROBO-STOX® Global Robotics and Automation. Both are passively managed. Over the past 3 years, JEDI.DE returned 65.71%/yr vs 13.62%/yr for IROB.DE. A 0.61 correlation means they provide meaningful diversification when combined. JEDI.DE charges 0.55%/yr vs 0.80%/yr for IROB.DE.
Performance
JEDI.DE vs. IROB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, JEDI.DE achieves a 76.99% return, which is significantly higher than IROB.DE's 28.27% return.
JEDI.DE
- 1D
- 1.31%
- 1M
- 19.10%
- YTD
- 76.99%
- 6M
- 94.69%
- 1Y
- 193.06%
- 3Y*
- 65.71%
- 5Y*
- —
- 10Y*
- —
IROB.DE
- 1D
- -1.49%
- 1M
- 6.54%
- YTD
- 28.27%
- 6M
- 25.45%
- 1Y
- 53.74%
- 3Y*
- 13.62%
- 5Y*
- 7.96%
- 10Y*
- 13.49%
JEDI.DE vs. IROB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
JEDI.DE VanEck Space Innovators UCITS ETF | 76.99% | 72.15% | 52.14% | 8.55% | 5.38% |
IROB.DE L&G ROBO Global Robotics and Automation UCITS ETF | 28.27% | 10.23% | 4.18% | 20.94% | -0.40% |
Correlation
The correlation between JEDI.DE and IROB.DE is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2022 | 0.61 |
The correlation between JEDI.DE and IROB.DE has been stable across timeframes, ranging from 0.59 to 0.61 - a consistent structural relationship.
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Return for Risk
JEDI.DE vs. IROB.DE — Risk / Return Rank
JEDI.DE
IROB.DE
JEDI.DE vs. IROB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Space Innovators UCITS ETF (JEDI.DE) and L&G ROBO Global Robotics and Automation UCITS ETF (IROB.DE). 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.
| JEDI.DE | IROB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.11 | ||
| Sortino ratioReturn per unit of downside risk | +1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.42 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 8.56 | 3.94 | +4.62 |
| Martin ratioReturn relative to average drawdown | 28.05 | 15.02 | +13.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JEDI.DE | IROB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.59 | 2.48 | +2.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.37 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.64 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.61 | 0.57 | +1.05 |
Drawdowns
JEDI.DE vs. IROB.DE - Drawdown Comparison
The maximum JEDI.DE drawdown since its inception was -30.10%, smaller than the maximum IROB.DE drawdown of -36.52%. Use the drawdown chart below to compare losses from any high point for JEDI.DE and IROB.DE.
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Drawdown Indicators
| JEDI.DE | IROB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.10% | -36.52% | +6.42% |
Max Drawdown (1Y)Largest decline over 1 year | -23.53% | -13.67% | -9.86% |
Max Drawdown (3Y)Largest decline over 3 years | -30.10% | -31.95% | +1.85% |
Max Drawdown (5Y)Largest decline over 5 years | — | -36.52% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.52% | — |
Current DrawdownCurrent decline from peak | -13.81% | -1.77% | -12.04% |
Average DrawdownAverage peak-to-trough decline | -7.12% | -11.47% | +4.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.20% | 3.60% | +3.60% |
Volatility
JEDI.DE vs. IROB.DE - Volatility Comparison
VanEck Space Innovators UCITS ETF (JEDI.DE) has a higher volatility of 18.13% compared to L&G ROBO Global Robotics and Automation UCITS ETF (IROB.DE) at 7.52%. This indicates that JEDI.DE's price experiences larger fluctuations and is considered to be riskier than IROB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JEDI.DE | IROB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.13% | 7.52% | +10.61% |
Volatility (6M)Calculated over the trailing 6-month period | 34.16% | 16.66% | +17.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.91% | 21.72% | +22.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.38% | 21.13% | +11.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.38% | 21.01% | +11.37% |
JEDI.DE vs. IROB.DE - Expense Ratio Comparison
JEDI.DE has a 0.55% expense ratio, which is lower than IROB.DE's 0.80% expense ratio.
Dividends
JEDI.DE vs. IROB.DE - Dividend Comparison
Neither JEDI.DE nor IROB.DE has paid dividends to shareholders.
Frequently Asked Questions
JEDI.DE and IROB.DE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JEDI.DE is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JEDI.DE is cheaper with a 0.55% expense ratio, compared with 0.80% for IROB.DE.
JEDI.DE is categorized as Industrials Equities, while IROB.DE is Technology Equities. JEDI.DE tracks MVIS Global Space Industry ESG, while IROB.DE tracks ROBO-STOX® Global Robotics and Automation. They also come from different issuers: VanEck and Legal & General. Their fees differ too: 0.55% for JEDI.DE and 0.80% for IROB.DE.
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