RBOT.L vs. MKUW.L
RBOT.L (iShares Automation & Robotics UCITS ETF) and MKUW.L (Invesco Markets PLC - Invesco MSCI Kuwait UCITS ETF USD Acc) are both Technology Equities funds - RBOT.L tracks the iShares Automation & Robotics UCITS ETF while MKUW.L tracks the Invesco Markets PLC - Invesco MSCI Kuwait UCITS ETF USD Acc. Both are passively managed. Over the past 5 years, RBOT.L returned 9.32%/yr vs 7.35%/yr for MKUW.L. At a 0.23 correlation, their price movements are largely independent. RBOT.L charges 0.40%/yr vs 0.50%/yr for MKUW.L.
Performance
RBOT.L vs. MKUW.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 MKUW.L's 0.89% 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*
- —
MKUW.L
- 1D
- 1.09%
- 1M
- -1.83%
- 6M
- 1.55%
- YTD
- 0.89%
- 1Y
- 4.11%
- 3Y*
- 8.26%
- 5Y*
- 7.35%
- 10Y*
- —
RBOT.L vs. MKUW.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
RBOT.L iShares Automation & Robotics UCITS ETF | 23.01% | 17.58% | 5.55% | 39.74% | -34.43% | 20.69% | 39.88% | 8.56% |
MKUW.L Invesco Markets PLC - Invesco MSCI Kuwait UCITS ETF USD Acc | 0.89% | 25.35% | 9.15% | -8.87% | 5.99% | 28.57% | -9.88% | 10.35% |
Correlation
The correlation between RBOT.L and MKUW.L is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2019 | 0.23 |
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Return for Risk
RBOT.L vs. MKUW.L — Risk / Return Rank
RBOT.L
MKUW.L
RBOT.L vs. MKUW.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Automation & Robotics UCITS ETF (RBOT.L) and Invesco Markets PLC - Invesco MSCI Kuwait UCITS ETF USD Acc (MKUW.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 | MKUW.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.77 | ||
| Sortino ratioReturn per unit of downside risk | +1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.10 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.16 | 0.70 | +1.45 |
| Martin ratioReturn relative to average drawdown | 6.96 | 1.63 | +5.33 |
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Drawdowns
RBOT.L vs. MKUW.L - Drawdown Comparison
The maximum RBOT.L drawdown since its inception was -44.55%, which is greater than MKUW.L's maximum drawdown of -37.76%. Use the drawdown chart below to compare losses from any high point for RBOT.L and MKUW.L.
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Drawdown Indicators
| RBOT.L | MKUW.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.55% | -37.76% | -6.79% |
Max Drawdown (1Y)Largest decline over 1 year | -15.07% | -7.47% | -7.60% |
Max Drawdown (3Y)Largest decline over 3 years | -25.12% | -14.16% | -10.96% |
Max Drawdown (5Y)Largest decline over 5 years | -44.55% | -25.13% | -19.42% |
Current DrawdownCurrent decline from peak | -8.42% | -2.89% | -5.53% |
Average DrawdownAverage peak-to-trough decline | -10.73% | -9.42% | -1.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.69% | 3.24% | +1.45% |
Volatility
RBOT.L vs. MKUW.L - Volatility Comparison
iShares Automation & Robotics UCITS ETF (RBOT.L) has a higher volatility of 10.24% compared to Invesco Markets PLC - Invesco MSCI Kuwait UCITS ETF USD Acc (MKUW.L) at 2.12%. This indicates that RBOT.L's price experiences larger fluctuations and is considered to be riskier than MKUW.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 | MKUW.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.24% | 2.12% | +8.12% |
Volatility (6M)Calculated over the trailing 6-month period | 21.69% | 8.09% | +13.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.38% | 10.37% | +15.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.35% | 12.77% | +11.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.84% | 16.50% | +6.34% |
RBOT.L vs. MKUW.L - Expense Ratio Comparison
RBOT.L has a 0.40% expense ratio, which is lower than MKUW.L's 0.50% expense ratio.
Dividends
RBOT.L vs. MKUW.L - Dividend Comparison
Neither RBOT.L nor MKUW.L has paid dividends to shareholders.
Frequently Asked Questions
RBOT.L and MKUW.L have a correlation of 0.17, 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 0.50% for MKUW.L.
RBOT.L tracks iShares Automation & Robotics UCITS ETF, while MKUW.L tracks Invesco Markets PLC - Invesco MSCI Kuwait UCITS ETF USD Acc. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.40% for RBOT.L and 0.50% for MKUW.L.
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