RBOT.L vs. CNDX.L
RBOT.L (iShares Automation & Robotics UCITS ETF) and CNDX.L (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - RBOT.L is a Technology Equities fund tracking the iShares Automation & Robotics UCITS ETF, while CNDX.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, RBOT.L returned 9.32%/yr vs 15.27%/yr for CNDX.L. Their correlation of 0.84 suggests significant overlap in exposure. RBOT.L charges 0.40%/yr vs 0.33%/yr for CNDX.L.
Performance
RBOT.L vs. CNDX.L - Performance Comparison
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Returns By Period
In the year-to-date period, RBOT.L achieves a 23.01% return, which is significantly higher than CNDX.L's 15.91% return.
RBOT.L
- 1D
- -1.11%
- 1M
- -6.58%
- 6M
- 17.95%
- YTD
- 23.01%
- 1Y
- 31.64%
- 3Y*
- 17.77%
- 5Y*
- 9.32%
- 10Y*
- —
CNDX.L
- 1D
- -0.67%
- 1M
- -3.48%
- 6M
- 16.01%
- YTD
- 15.91%
- 1Y
- 28.40%
- 3Y*
- 23.77%
- 5Y*
- 15.27%
- 10Y*
- 20.97%
RBOT.L vs. CNDX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RBOT.L iShares Automation & Robotics UCITS ETF | 23.01% | 17.58% | 5.55% | 39.74% | -34.43% | 20.69% | 39.88% | 36.88% | -18.72% | 47.21% |
CNDX.L iShares NASDAQ 100 UCITS ETF | 15.91% | 19.75% | 26.42% | 56.22% | -33.49% | 27.92% | 48.25% | 37.96% | -1.08% | 31.91% |
Correlation
The correlation between RBOT.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 Sep 8, 2016 | 0.84 |
The correlation between RBOT.L and CNDX.L has been stable across timeframes, ranging from 0.84 to 0.88 - a consistent structural relationship.
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Return for Risk
RBOT.L vs. CNDX.L — Risk / Return Rank
RBOT.L
CNDX.L
RBOT.L vs. CNDX.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Automation & Robotics UCITS ETF (RBOT.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.
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.
| RBOT.L | CNDX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.29 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.16 | 2.57 | -0.41 |
| Martin ratioReturn relative to average drawdown | 6.96 | 8.61 | -1.66 |
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Drawdowns
RBOT.L vs. CNDX.L - Drawdown Comparison
The maximum RBOT.L drawdown since its inception was -44.55%, which is greater than CNDX.L's maximum drawdown of -35.21%. Use the drawdown chart below to compare losses from any high point for RBOT.L and CNDX.L.
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Drawdown Indicators
| RBOT.L | CNDX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.55% | -35.21% | -9.34% |
Max Drawdown (1Y)Largest decline over 1 year | -15.07% | -11.00% | -4.07% |
Max Drawdown (3Y)Largest decline over 3 years | -25.12% | -22.44% | -2.68% |
Max Drawdown (5Y)Largest decline over 5 years | -44.55% | -35.21% | -9.34% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.21% | — |
Current DrawdownCurrent decline from peak | -8.42% | -3.87% | -4.55% |
Average DrawdownAverage peak-to-trough decline | -10.73% | -5.12% | -5.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.69% | 3.29% | +1.40% |
Volatility
RBOT.L vs. CNDX.L - Volatility Comparison
iShares Automation & Robotics UCITS ETF (RBOT.L) has a higher volatility of 10.24% compared to iShares NASDAQ 100 UCITS ETF (CNDX.L) at 5.89%. This indicates that RBOT.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
| RBOT.L | CNDX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.24% | 5.89% | +4.35% |
Volatility (6M)Calculated over the trailing 6-month period | 21.69% | 13.78% | +7.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.38% | 17.32% | +8.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.35% | 21.15% | +3.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.84% | 20.13% | +2.71% |
RBOT.L vs. CNDX.L - Expense Ratio Comparison
RBOT.L has a 0.40% expense ratio, which is higher than CNDX.L's 0.33% expense ratio.
Dividends
RBOT.L vs. CNDX.L - Dividend Comparison
Neither RBOT.L nor CNDX.L has paid dividends to shareholders.
Frequently Asked Questions
RBOT.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 RBOT.L.
RBOT.L is categorized as Technology Equities, while CNDX.L is Nasdaq-100. RBOT.L tracks iShares Automation & Robotics UCITS ETF, while CNDX.L tracks NASDAQ-100 Index. Their fees differ too: 0.40% for RBOT.L and 0.33% for CNDX.L.
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