PBOT vs. ROBT

Last updated Jul 4, 2026

PBOT (Pictet AI & Automation ETF) and ROBT (First Trust Nasdaq Artificial Intelligence & Robotics ETF) are both exchange-traded funds - PBOT is a Robotics fund actively managed by Pictet, while ROBT is a Technology Equities fund tracking the Nasdaq CTA Artificial Intelligence and Robotics Index. PBOT is actively managed, while ROBT is passively managed. Their correlation of 0.87 suggests significant overlap in exposure. PBOT charges 0.70%/yr vs 0.65%/yr for ROBT.

Performance

PBOT vs. ROBT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pictet AI & Automation ETF (PBOT) and First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT). 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 ROBT's 8.48% return.

PBOT

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

ROBT

• 1D: -0.83%
• 1M: -5.02%
• 6M: 7.25%
• YTD: 8.48%
• 1Y: 14.43%
• 3Y*: 7.39%
• 5Y*: 1.00%
• 10Y*: —

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

PBOT vs. ROBT - Yearly Performance Comparison

	2026 (YTD)	2025
PBOT Pictet AI & Automation ETF	28.15%	0.33%
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF	8.48%	-6.05%

Correlation

The correlation between PBOT and ROBT is 0.87, 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 Oct 16, 2025	0.87

Return for Risk

PBOT vs. ROBT — Risk / Return Rank

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

PBOT

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

ROBT

ROBT Risk / Return Rank: 20
ROBT Sharpe Ratio Rank: 21
ROBT Sortino Ratio Rank: 20
ROBT Omega Ratio Rank: 20
ROBT Calmar Ratio Rank: 19
ROBT Martin Ratio Rank: 20

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.

PBOT vs. ROBT - Risk-Adjusted Trends Comparison

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

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.

	PBOT	ROBT	Difference
Sharpe ratio: Return per unit of total volatility	—	0.65	—
Sortino ratio: Return per unit of downside risk	—	1.03	—
Omega ratio: Gain probability vs. loss probability	—	1.12	—
Calmar ratio: Return relative to maximum drawdown	—	0.75	—
Martin ratio: Return relative to average drawdown	—	2.04	—

Drawdowns

PBOT vs. ROBT - Drawdown Comparison

The maximum PBOT drawdown since its inception was -15.78%, smaller than the maximum ROBT drawdown of -44.47%. Use the drawdown chart below to compare losses from any high point for PBOT and ROBT.

Drawdown Indicators

	PBOT	ROBT	Difference
Max Drawdown Largest peak-to-trough decline	-15.78%	-44.47%	+28.69%
Max Drawdown (1Y) Largest decline over 1 year	—	-21.66%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-27.68%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-43.26%	—
Current Drawdown Current decline from peak	-4.82%	-6.66%	+1.84%
Average Drawdown Average peak-to-trough decline	-4.30%	-15.89%	+11.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.89%	—

Volatility

Volatility by Period

	PBOT	ROBT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.99%	—
Volatility (6M) Calculated over the trailing 6-month period	—	19.44%	—
Volatility (1Y) Calculated over the trailing 1-year period	26.89%	24.74%	+2.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.89%	25.51%	+1.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.89%	25.57%	+1.32%

PBOT vs. ROBT - Expense Ratio Comparison

PBOT has a 0.70% expense ratio, which is higher than ROBT's 0.65% expense ratio.

Dividends

PBOT vs. ROBT - Dividend Comparison

PBOT's dividend yield for the trailing twelve months is around 0.07%, more than ROBT's 0.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
PBOT Pictet AI & Automation ETF	0.07%	0.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF	0.02%	0.00%	0.68%	0.23%	0.35%	0.06%	0.17%	0.42%	0.44%

Frequently Asked Questions

Can I hold both PBOT and ROBT in my portfolio?

PBOT and ROBT have a correlation of 0.87, 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 ROBT?

On fees, ROBT is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PBOT or ROBT?

ROBT is cheaper with a 0.65% expense ratio, compared with 0.70% for PBOT.

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

PBOT has the higher dividend yield at 0.07%, compared with 0.02% for ROBT.

What is the main difference between PBOT and ROBT?

PBOT is categorized as Robotics, while ROBT is Technology Equities. They also come from different issuers: Pictet and First Trust. Their fees differ too: 0.70% for PBOT and 0.65% for ROBT.