RIEU.L vs. ROBO.L
RIEU.L (L&G MSCI Europe Select UCITS ETF EUR (Acc)) and ROBO.L (L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc)) are both exchange-traded funds - RIEU.L is a Europe Equities fund tracking the MSCI Global Select 500 Index – Europe Subset, while ROBO.L is a Robotics fund tracking the ROBO Global Robotics and Automation UCITS Index. Both are passively managed. Over the past 5 years, RIEU.L returned 8.39%/yr vs 4.96%/yr for ROBO.L. A 0.69 correlation means they provide meaningful diversification when combined. RIEU.L charges 0.10%/yr vs 0.80%/yr for ROBO.L.
Performance
RIEU.L vs. ROBO.L - Performance Comparison
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Different Trading Currencies
RIEU.L is traded in EUR, while ROBO.L is traded in USD. To make them comparable, the ROBO.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, RIEU.L achieves a 8.81% return, which is significantly lower than ROBO.L's 14.98% return.
RIEU.L
- 1D
- -0.25%
- 1M
- 0.72%
- 6M
- 5.48%
- YTD
- 8.81%
- 1Y
- 15.95%
- 3Y*
- 12.63%
- 5Y*
- 8.39%
- 10Y*
- —
ROBO.L
- 1D
- -2.81%
- 1M
- -8.55%
- 6M
- 6.27%
- YTD
- 14.98%
- 1Y
- 28.52%
- 3Y*
- 8.86%
- 5Y*
- 4.96%
- 10Y*
- 11.80%
RIEU.L vs. ROBO.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
RIEU.L L&G MSCI Europe Select UCITS ETF EUR (Acc) | 8.81% | 15.57% | 9.47% | 15.33% | -12.34% | 24.84% | 0.23% | 10.89% |
ROBO.L L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc) | 14.98% | 8.60% | 4.90% | 21.45% | -29.70% | 24.30% | 33.73% | 15.13% |
Correlation
The correlation between RIEU.L and ROBO.L is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 2019 | 0.69 |
The correlation between RIEU.L and ROBO.L shifts across timeframes, from 0.56 (1 year) to 0.69 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
RIEU.L vs. ROBO.L — Risk / Return Rank
RIEU.L
ROBO.L
RIEU.L vs. ROBO.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G MSCI Europe Select UCITS ETF EUR (Acc) (RIEU.L) and L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc) (ROBO.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.
| RIEU.L | ROBO.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.20 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.56 | 2.06 | -0.51 |
| Martin ratioReturn relative to average drawdown | 5.44 | 6.48 | -1.05 |
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Drawdowns
RIEU.L vs. ROBO.L - Drawdown Comparison
The maximum RIEU.L drawdown since its inception was -34.22%, roughly equal to the maximum ROBO.L drawdown of -36.00%. Use the drawdown chart below to compare losses from any high point for RIEU.L and ROBO.L.
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Drawdown Indicators
| RIEU.L | ROBO.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.22% | -36.00% | +1.78% |
Max Drawdown (1Y)Largest decline over 1 year | -10.20% | -13.75% | +3.55% |
Max Drawdown (3Y)Largest decline over 3 years | -16.18% | -31.68% | +15.50% |
Max Drawdown (5Y)Largest decline over 5 years | -22.82% | -36.00% | +13.18% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.00% | — |
Current DrawdownCurrent decline from peak | -1.90% | -12.40% | +10.50% |
Average DrawdownAverage peak-to-trough decline | -5.55% | -11.20% | +5.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.93% | 4.39% | -1.46% |
Volatility
RIEU.L vs. ROBO.L - Volatility Comparison
The current volatility for L&G MSCI Europe Select UCITS ETF EUR (Acc) (RIEU.L) is 2.93%, while L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc) (ROBO.L) has a volatility of 9.82%. This indicates that RIEU.L experiences smaller price fluctuations and is considered to be less risky than ROBO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RIEU.L | ROBO.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.93% | 9.82% | -6.89% |
Volatility (6M)Calculated over the trailing 6-month period | 10.39% | 21.53% | -11.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.55% | 25.99% | -13.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.60% | 23.03% | -8.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.59% | 22.00% | -5.41% |
RIEU.L vs. ROBO.L - Expense Ratio Comparison
RIEU.L has a 0.10% expense ratio, which is lower than ROBO.L's 0.80% expense ratio.
Dividends
RIEU.L vs. ROBO.L - Dividend Comparison
Neither RIEU.L nor ROBO.L has paid dividends to shareholders.
Frequently Asked Questions
RIEU.L and ROBO.L have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, RIEU.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
RIEU.L is cheaper with a 0.10% expense ratio, compared with 0.80% for ROBO.L.
RIEU.L is categorized as Europe Equities, while ROBO.L is Robotics. RIEU.L tracks MSCI Global Select 500 Index – Europe Subset, while ROBO.L tracks ROBO Global Robotics and Automation UCITS Index. Their fees differ too: 0.10% for RIEU.L and 0.80% for ROBO.L.
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