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RBOD.L vs. CNDX.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

RBOD.L vs. CNDX.L

Last updated Jun 5, 2026

RBOD.L (iShares Automation & Robotics UCITS ETF) and CNDX.L (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - RBOD.L is a Robotics fund tracking the iSTOXX® FactSet Automation & Robotics, while CNDX.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, RBOD.L returned 10.77%/yr vs 17.61%/yr for CNDX.L. Their correlation of 0.85 suggests significant overlap in exposure. RBOD.L charges 0.40%/yr vs 0.33%/yr for CNDX.L.

Performance

RBOD.L vs. CNDX.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Automation & Robotics UCITS ETF (RBOD.L) and iShares NASDAQ 100 UCITS ETF (CNDX.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, RBOD.L achieves a 29.09% return, which is significantly higher than CNDX.L's 19.65% return.

RBOD.L

1D
-0.25%
1M
4.81%
YTD
29.09%
6M
26.94%
1Y
45.41%
3Y*
21.97%
5Y*
10.77%
10Y*
—

CNDX.L

1D
-0.66%
1M
6.81%
YTD
19.65%
6M
18.66%
1Y
39.29%
3Y*
27.98%
5Y*
17.61%
10Y*
21.62%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RBOD.L vs. CNDX.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
RBOD.L
iShares Automation & Robotics UCITS ETF		29.09%17.09%5.85%39.67%-34.48%20.91%39.70%38.35%-19.53%2.90%
CNDX.L
iShares NASDAQ 100 UCITS ETF		19.65%19.75%26.45%56.31%-33.45%27.96%48.33%38.07%-1.03%3.63%

Correlation

The correlation between RBOD.L and CNDX.L is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.86

Correlation (3Y)
Calculated over the trailing 3-year period

0.86

Correlation (5Y)
Calculated over the trailing 5-year period

0.88

Correlation (All Time)
Calculated using the full available price history since Nov 1, 2017

0.85

The correlation between RBOD.L and CNDX.L has been stable across timeframes, ranging from 0.85 to 0.88 - a consistent structural relationship.

RBOD.L vs. CNDX.L - Sectors Allocation Comparison

Sectors
RBOD.L
CNDX.L

Technology

71.4%
57.3%

Industrials

26.2%
2.8%

Healthcare

1.5%
3.8%

Basic Materials

0.1%
1.1%

Consumer Cyclical

0.1%
11.6%

Communication Services

-

14.5%

Consumer Defensive

-

6.9%

Energy

-

0.5%

Financial Services

-

0.2%

Real Estate

-

0.1%

Utilities

-

1.3%

Technology

RBOD.L
71.4%
CNDX.L
57.3%

Industrials

RBOD.L
26.2%
CNDX.L
2.8%

Healthcare

RBOD.L
1.5%
CNDX.L
3.8%

Basic Materials

RBOD.L
0.1%
CNDX.L
1.1%

Consumer Cyclical

RBOD.L
0.1%
CNDX.L
11.6%

Communication Services

RBOD.L

-

CNDX.L
14.5%

Consumer Defensive

RBOD.L

-

CNDX.L
6.9%

Energy

RBOD.L

-

CNDX.L
0.5%

Financial Services

RBOD.L

-

CNDX.L
0.2%

Real Estate

RBOD.L

-

CNDX.L
0.1%

Utilities

RBOD.L

-

CNDX.L
1.3%

Compare stocks, funds, or ETFs

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iShares Automation & Robotics UCITS ETF

iShares NASDAQ 100 UCITS ETF

Often compared with RBOD.L:
RBOD.L vs. RBTX.LRBOD.L vs. XDWT.LRBOD.L vs. FNGSRBOD.L vs. IRBORBOD.L vs. QQQRBOD.L vs. ROBG.LRBOD.L vs. IUIT.L
Often compared with CNDX.L:
CNDX.L vs. QQQCNDX.L vs. EQQQ.DECNDX.L vs. SXRV.DECNDX.L vs. CNX1.LCNDX.L vs. CSPX.LCNDX.L vs. EQQU.LCNDX.L vs. VWRA.L

Return for Risk

RBOD.L vs. CNDX.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RBOD.L
RBOD.L Risk / Return Rank: 6161
Overall Rank
RBOD.L Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
RBOD.L Sortino Ratio Rank: 6464
Sortino Ratio Rank
RBOD.L Omega Ratio Rank: 5858
Omega Ratio Rank
RBOD.L Calmar Ratio Rank: 6161
Calmar Ratio Rank
RBOD.L Martin Ratio Rank: 5959
Martin Ratio Rank
CNDX.L
CNDX.L Risk / Return Rank: 7575
Overall Rank
CNDX.L Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
CNDX.L Sortino Ratio Rank: 7979
Sortino Ratio Rank
CNDX.L Omega Ratio Rank: 7474
Omega Ratio Rank
CNDX.L Calmar Ratio Rank: 7373
Calmar Ratio Rank
CNDX.L Martin Ratio Rank: 7171
Martin Ratio Rank
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.

RBOD.L vs. CNDX.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Automation & Robotics UCITS ETF (RBOD.L) and iShares NASDAQ 100 UCITS ETF (CNDX.L). 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.

RBOD.LCNDX.LDifference
Sharpe ratioReturn per unit of total volatility
2.03
2.52

-0.49

Sortino ratioReturn per unit of downside risk
2.90
3.50

-0.60

Omega ratioGain probability vs. loss probability

1.35

1.43

-0.08

Calmar ratioReturn relative to maximum drawdown

2.99

3.61

-0.62

Martin ratioReturn relative to average drawdown

10.29

13.03

-2.74

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RBOD.L vs. CNDX.L - Sharpe Ratio Comparison

The current RBOD.L Sharpe Ratio is 2.03, which is comparable to the CNDX.L Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of RBOD.L and CNDX.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

RBOD.LCNDX.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.03

2.52

-0.49

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.45

0.84

-0.39

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

1.07

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.55

1.12

-0.57

Drawdowns

RBOD.L vs. CNDX.L - Drawdown Comparison

The maximum RBOD.L drawdown since its inception was -44.50%, which is greater than CNDX.L's maximum drawdown of -35.17%. Use the drawdown chart below to compare losses from any high point for RBOD.L and CNDX.L.

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Drawdown Indicators

RBOD.LCNDX.LDifference

Max Drawdown

Largest peak-to-trough decline

-44.50%

-35.17%

-9.33%

Max Drawdown (1Y)

Largest decline over 1 year

-15.42%

-11.00%

-4.42%

Max Drawdown (3Y)

Largest decline over 3 years

-25.02%

-22.44%

-2.58%

Max Drawdown (5Y)

Largest decline over 5 years

-44.50%

-35.17%

-9.33%

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.17%

—

Current Drawdown

Current decline from peak

-0.25%

-0.76%

+0.51%

Average Drawdown

Average peak-to-trough decline

-12.15%

-5.30%

-6.85%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.49%

3.07%

+1.42%

Volatility

RBOD.L vs. CNDX.L - Volatility Comparison

iShares Automation & Robotics UCITS ETF (RBOD.L) has a higher volatility of 8.26% compared to iShares NASDAQ 100 UCITS ETF (CNDX.L) at 4.90%. This indicates that RBOD.L's price experiences larger fluctuations and is considered to be riskier than CNDX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

RBOD.LCNDX.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.26%

4.90%

+3.36%

Volatility (6M)

Calculated over the trailing 6-month period

18.46%

11.88%

+6.58%

Volatility (1Y)

Calculated over the trailing 1-year period

22.76%

15.79%

+6.97%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.72%

20.87%

+2.85%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.61%

20.07%

+3.54%

RBOD.L vs. CNDX.L - Expense Ratio Comparison

RBOD.L has a 0.40% expense ratio, which is higher than CNDX.L's 0.33% expense ratio.

Dividends

RBOD.L vs. CNDX.L - Dividend Comparison

RBOD.L's dividend yield for the trailing twelve months is around 0.27%, while CNDX.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
CNDX.L
iShares NASDAQ 100 UCITS ETF		0.00%0.00%0.02%0.05%0.06%0.03%0.04%0.07%0.06%0.30%0.16%0.16%
RBOD.L
iShares Automation & Robotics UCITS ETF		0.27%0.34%0.36%0.45%0.56%0.32%0.34%0.79%1.18%0.00%0.00%0.00%

Frequently Asked Questions

RBOD.L and CNDX.L have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, CNDX.L is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.

CNDX.L is cheaper with a 0.33% expense ratio, compared with 0.40% for RBOD.L.

RBOD.L is categorized as Robotics, while CNDX.L is Nasdaq-100. RBOD.L tracks iSTOXX® FactSet Automation & Robotics, while CNDX.L tracks NASDAQ-100 Index. Their fees differ too: 0.40% for RBOD.L and 0.33% for CNDX.L.

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