RBOT.L vs. LEGR.L
RBOT.L (iShares Automation & Robotics UCITS ETF) and LEGR.L (First Trust Indxx Innovative Transaction & Process UCITS ETF) are both Technology Equities funds - RBOT.L tracks the iShares Automation & Robotics UCITS ETF while LEGR.L tracks the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, RBOT.L returned 9.32%/yr vs 11.65%/yr for LEGR.L. Their correlation of 0.84 suggests significant overlap in exposure. RBOT.L charges 0.40%/yr vs 0.65%/yr for LEGR.L.
Performance
RBOT.L vs. LEGR.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RBOT.L achieves a 23.01% return, which is significantly higher than LEGR.L's 9.29% 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*
- —
LEGR.L
- 1D
- -0.11%
- 1M
- -2.79%
- 6M
- 6.75%
- YTD
- 9.29%
- 1Y
- 23.20%
- 3Y*
- 20.69%
- 5Y*
- 11.65%
- 10Y*
- —
RBOT.L vs. LEGR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
RBOT.L iShares Automation & Robotics UCITS ETF | 23.01% | 17.58% | 5.55% | 39.74% | -34.43% | 20.69% | 39.88% | 36.88% | -20.18% |
LEGR.L First Trust Indxx Innovative Transaction & Process UCITS ETF | 9.29% | 31.58% | 16.31% | 21.81% | -18.56% | 17.39% | 19.03% | 26.59% | -8.62% |
Correlation
The correlation between RBOT.L and LEGR.L is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Apr 9, 2018 | 0.84 |
The correlation between RBOT.L and LEGR.L has been stable across timeframes, ranging from 0.77 to 0.84 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RBOT.L vs. LEGR.L — Risk / Return Rank
RBOT.L
LEGR.L
RBOT.L vs. LEGR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Automation & Robotics UCITS ETF (RBOT.L) and First Trust Indxx Innovative Transaction & Process UCITS ETF (LEGR.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 | LEGR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.27 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.16 | 2.37 | -0.21 |
| Martin ratioReturn relative to average drawdown | 6.96 | 7.71 | -0.75 |
Loading charts...
Drawdowns
RBOT.L vs. LEGR.L - Drawdown Comparison
The maximum RBOT.L drawdown since its inception was -44.55%, which is greater than LEGR.L's maximum drawdown of -34.70%. Use the drawdown chart below to compare losses from any high point for RBOT.L and LEGR.L.
Loading charts...
Drawdown Indicators
| RBOT.L | LEGR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.55% | -34.70% | -9.85% |
Max Drawdown (1Y)Largest decline over 1 year | -15.07% | -9.73% | -5.34% |
Max Drawdown (3Y)Largest decline over 3 years | -25.12% | -13.91% | -11.21% |
Max Drawdown (5Y)Largest decline over 5 years | -44.55% | -31.56% | -12.99% |
Current DrawdownCurrent decline from peak | -8.42% | -4.04% | -4.38% |
Average DrawdownAverage peak-to-trough decline | -10.73% | -6.58% | -4.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.69% | 3.00% | +1.69% |
Volatility
RBOT.L vs. LEGR.L - Volatility Comparison
iShares Automation & Robotics UCITS ETF (RBOT.L) has a higher volatility of 10.24% compared to First Trust Indxx Innovative Transaction & Process UCITS ETF (LEGR.L) at 4.09%. This indicates that RBOT.L's price experiences larger fluctuations and is considered to be riskier than LEGR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RBOT.L | LEGR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.24% | 4.09% | +6.15% |
Volatility (6M)Calculated over the trailing 6-month period | 21.69% | 12.32% | +9.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.38% | 14.82% | +10.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.35% | 16.90% | +7.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.84% | 18.56% | +4.28% |
RBOT.L vs. LEGR.L - Expense Ratio Comparison
RBOT.L has a 0.40% expense ratio, which is lower than LEGR.L's 0.65% expense ratio.
Dividends
RBOT.L vs. LEGR.L - Dividend Comparison
Neither RBOT.L nor LEGR.L has paid dividends to shareholders.
Frequently Asked Questions
RBOT.L and LEGR.L have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, RBOT.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
RBOT.L is cheaper with a 0.40% expense ratio, compared with 0.65% for LEGR.L.
RBOT.L tracks iShares Automation & Robotics UCITS ETF, while LEGR.L tracks MSCI World/Information Tech NR USD. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.40% for RBOT.L and 0.65% for LEGR.L.
Find the right allocation for RBOT.L and LEGR.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer