PBOT vs. PQNT

Last updated Jul 4, 2026

PBOT (Pictet AI & Automation ETF) and PQNT (Pictet AI Enhanced International Equity ETF) are both exchange-traded funds - PBOT is a Robotics fund actively managed by Pictet, while PQNT is a International Equity fund actively managed by Pictet. Both are actively managed. A 0.61 correlation means they provide meaningful diversification when combined. PBOT charges 0.70%/yr vs 0.30%/yr for PQNT.

Performance

PBOT vs. PQNT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pictet AI & Automation ETF (PBOT) and Pictet AI Enhanced International Equity ETF (PQNT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PBOT achieves a 28.15% return, which is significantly higher than PQNT's 8.49% return.

PBOT

• 1D: -2.72%
• 1M: -3.37%
• 6M: 27.50%
• YTD: 28.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PQNT

• 1D: 1.15%
• 1M: 2.36%
• 6M: 7.52%
• YTD: 8.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PBOT vs. PQNT - Yearly Performance Comparison

	2026 (YTD)	2025
PBOT Pictet AI & Automation ETF	28.15%	0.33%
PQNT Pictet AI Enhanced International Equity ETF	8.49%	4.20%

Correlation

The correlation between PBOT and PQNT is 0.61, 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 Oct 16, 2025	0.61

Return for Risk

PBOT vs. PQNT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pictet AI & Automation ETF (PBOT) and Pictet AI Enhanced International Equity ETF (PQNT). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

PBOT vs. PQNT - Drawdown Comparison

The maximum PBOT drawdown since its inception was -15.78%, which is greater than PQNT's maximum drawdown of -11.16%. Use the drawdown chart below to compare losses from any high point for PBOT and PQNT.

Drawdown Indicators

	PBOT	PQNT	Difference
Max Drawdown Largest peak-to-trough decline	-15.78%	-11.16%	-4.62%
Current Drawdown Current decline from peak	-4.82%	-0.31%	-4.51%
Average Drawdown Average peak-to-trough decline	-4.30%	-2.17%	-2.13%

Volatility

Volatility by Period

	PBOT	PQNT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	26.89%	17.16%	+9.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.89%	17.16%	+9.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.89%	17.16%	+9.73%

PBOT vs. PQNT - Expense Ratio Comparison

PBOT has a 0.70% expense ratio, which is higher than PQNT's 0.30% expense ratio.

Dividends

PBOT vs. PQNT - Dividend Comparison

PBOT's dividend yield for the trailing twelve months is around 0.07%, less than PQNT's 0.36% yield.

Position	TTM	2025
PBOT Pictet AI & Automation ETF	0.07%	0.10%
PQNT Pictet AI Enhanced International Equity ETF	0.36%	0.39%

Frequently Asked Questions

Can I hold both PBOT and PQNT in my portfolio?

PBOT and PQNT have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PBOT or PQNT?

On fees, PQNT is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PBOT or PQNT?

PQNT is cheaper with a 0.30% expense ratio, compared with 0.70% for PBOT.

Which ETF pays a higher dividend yield, PBOT or PQNT?

PQNT has the higher dividend yield at 0.36%, compared with 0.07% for PBOT.

What is the main difference between PBOT and PQNT?

PBOT is categorized as Robotics, while PQNT is International Equity. Their fees differ too: 0.70% for PBOT and 0.30% for PQNT.