PBOT vs. PQUS

Last updated Jul 4, 2026

PBOT (Pictet AI & Automation ETF) and PQUS (Pictet AI Enhanced US Equity ETF) are both exchange-traded funds - PBOT is a Robotics fund actively managed by Pictet, while PQUS is a Large Cap Blend Equities fund actively managed by Pictet. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. PBOT charges 0.70%/yr vs 0.30%/yr for PQUS.

Performance

PBOT vs. PQUS - Performance Comparison

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

Returns By Period

PBOT

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

PQUS

• 1D: -0.01%
• 1M: -1.13%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PBOT vs. PQUS - Yearly Performance Comparison

	2026 (YTD)
PBOT Pictet AI & Automation ETF	27.76%
PQUS Pictet AI Enhanced US Equity ETF	9.18%

Correlation

The correlation between PBOT and PQUS is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 26, 2026	0.83

Return for Risk

PBOT vs. PQUS - Risk-Adjusted Trends Comparison

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

The maximum PBOT drawdown since its inception was -15.78%, which is greater than PQUS's maximum drawdown of -7.19%. Use the drawdown chart below to compare losses from any high point for PBOT and PQUS.

Drawdown Indicators

	PBOT	PQUS	Difference
Max Drawdown Largest peak-to-trough decline	-15.78%	-7.19%	-8.59%
Current Drawdown Current decline from peak	-4.82%	-1.71%	-3.11%
Average Drawdown Average peak-to-trough decline	-4.30%	-1.49%	-2.81%

Volatility

Volatility by Period

	PBOT	PQUS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	26.89%	14.94%	+11.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.89%	14.94%	+11.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.89%	14.94%	+11.95%

PBOT vs. PQUS - Expense Ratio Comparison

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

Dividends

PBOT vs. PQUS - Dividend Comparison

PBOT's dividend yield for the trailing twelve months is around 0.07%, while PQUS has not paid dividends to shareholders.

Position	TTM	2025
PBOT Pictet AI & Automation ETF	0.07%	0.10%
PQUS Pictet AI Enhanced US Equity ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both PBOT and PQUS in my portfolio?

PBOT and PQUS have a correlation of 0.83, 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 PQUS?

On fees, PQUS 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 PQUS?

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

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

PBOT has the higher dividend yield at 0.07%, compared with 0.00% for PQUS.

What is the main difference between PBOT and PQUS?

PBOT is categorized as Robotics, while PQUS is Large Cap Blend Equities. Their fees differ too: 0.70% for PBOT and 0.30% for PQUS.