NXTG vs. ROBT
Compare and contrast key facts about First Trust Indxx NextG ETF (NXTG) and First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT).
NXTG and ROBT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NXTG is a passively managed fund by First Trust that tracks the performance of the Indxx 5G & NextG Thematic Index. It was launched on Feb 17, 2011. ROBT is a passively managed fund by First Trust that tracks the performance of the Nasdaq CTA Artificial Intelligence and Robotics Index. It was launched on Feb 21, 2018. Both NXTG and ROBT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NXTG or ROBT.
Key characteristics
| NXTG | ROBT | |
|---|---|---|
| YTD Return | 10.96% | 2.51% |
| 1Y Return | 21.25% | 14.41% |
| 3Y Return (Ann) | 3.54% | -6.33% |
| 5Y Return (Ann) | 11.55% | 7.36% |
| Sharpe Ratio | 1.71 | 0.91 |
| Sortino Ratio | 2.34 | 1.35 |
| Omega Ratio | 1.29 | 1.17 |
| Calmar Ratio | 2.04 | 0.55 |
| Martin Ratio | 8.34 | 2.92 |
| Ulcer Index | 2.90% | 6.59% |
| Daily Std Dev | 14.20% | 21.10% |
| Max Drawdown | -33.61% | -44.47% |
| Current Drawdown | -4.97% | -20.75% |
Correlation
The correlation between NXTG and ROBT is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NXTG vs. ROBT - Performance Comparison
In the year-to-date period, NXTG achieves a 10.96% return, which is significantly higher than ROBT's 2.51% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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NXTG vs. ROBT - Expense Ratio Comparison
NXTG has a 0.70% expense ratio, which is higher than ROBT's 0.65% expense ratio.
Risk-Adjusted Performance
NXTG vs. ROBT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx NextG ETF (NXTG) 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.
Dividends
NXTG vs. ROBT - Dividend Comparison
NXTG's dividend yield for the trailing twelve months is around 1.91%, more than ROBT's 0.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NXTG First Trust Indxx NextG ETF | 1.91% | 2.15% | 2.04% | 1.66% | 1.04% | 0.77% | 1.27% | 1.65% | 1.23% | 1.11% | 1.07% | 0.86% |
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF | 0.24% | 0.24% | 0.36% | 0.06% | 0.17% | 0.42% | 0.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NXTG vs. ROBT - Drawdown Comparison
The maximum NXTG drawdown since its inception was -33.61%, smaller than the maximum ROBT drawdown of -44.47%. Use the drawdown chart below to compare losses from any high point for NXTG and ROBT. For additional features, visit the drawdowns tool.
Volatility
NXTG vs. ROBT - Volatility Comparison
The current volatility for First Trust Indxx NextG ETF (NXTG) is 3.40%, while First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) has a volatility of 6.05%. This indicates that NXTG 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.