ROBE.L vs. DEL2.L
ROBE.L (L&G ROBO Global Robotics and Automation UCITS ETF) and DEL2.L (L&G DAX Daily 2x Long UCITS ETF EUR (Acc)) are both exchange-traded funds - ROBE.L is a Technology Equities fund tracking the L&G ROBO Global Robotics and Automation UCITS ETF, while DEL2.L is a Leveraged Equities fund tracking the LevDAX x2 Index Gross TR EUR. Both are passively managed. Over the past 10 years, ROBE.L returned 12.19%/yr vs 12.72%/yr for DEL2.L. A 0.72 correlation means they provide meaningful diversification when combined. ROBE.L charges 0.80%/yr vs 0.40%/yr for DEL2.L.
Performance
ROBE.L vs. DEL2.L - Performance Comparison
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Returns By Period
In the year-to-date period, ROBE.L achieves a 18.25% return, which is significantly higher than DEL2.L's -1.16% return. Both investments have delivered pretty close results over the past 10 years, with ROBE.L having a 12.19% annualized return and DEL2.L not far ahead at 12.72%.
ROBE.L
- 1D
- -0.98%
- 1M
- -4.91%
- 6M
- 10.91%
- YTD
- 18.25%
- 1Y
- 34.78%
- 3Y*
- 10.32%
- 5Y*
- 5.54%
- 10Y*
- 12.19%
DEL2.L
- 1D
- -0.71%
- 1M
- -0.49%
- 6M
- -7.41%
- YTD
- -1.16%
- 1Y
- -1.14%
- 3Y*
- 23.36%
- 5Y*
- 12.22%
- 10Y*
- 12.72%
ROBE.L vs. DEL2.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ROBE.L L&G ROBO Global Robotics and Automation UCITS ETF | 18.25% | 9.14% | 4.79% | 20.61% | -29.75% | 25.18% | 33.46% | 31.56% | -17.23% | 28.95% |
DEL2.L L&G DAX Daily 2x Long UCITS ETF EUR (Acc) | -1.16% | 37.26% | 31.65% | 34.68% | -27.71% | 30.03% | -4.00% | 46.12% | -35.64% | 27.78% |
Correlation
The correlation between ROBE.L and DEL2.L is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2014 | 0.72 |
The correlation between ROBE.L and DEL2.L has been stable across timeframes, ranging from 0.63 to 0.72 - a consistent structural relationship.
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Return for Risk
ROBE.L vs. DEL2.L — Risk / Return Rank
ROBE.L
DEL2.L
ROBE.L vs. DEL2.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G ROBO Global Robotics and Automation UCITS ETF (ROBE.L) and L&G DAX Daily 2x Long UCITS ETF EUR (Acc) (DEL2.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.
| ROBE.L | DEL2.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.51 | ||
| Sortino ratioReturn per unit of downside risk | +1.93 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.02 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 2.62 | -0.04 | +2.66 |
| Martin ratioReturn relative to average drawdown | 8.47 | -0.13 | +8.60 |
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Drawdowns
ROBE.L vs. DEL2.L - Drawdown Comparison
The maximum ROBE.L drawdown since its inception was -36.18%, smaller than the maximum DEL2.L drawdown of -64.67%. Use the drawdown chart below to compare losses from any high point for ROBE.L and DEL2.L.
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Drawdown Indicators
| ROBE.L | DEL2.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.18% | -64.67% | +28.49% |
Max Drawdown (1Y)Largest decline over 1 year | -13.69% | -26.77% | +13.08% |
Max Drawdown (3Y)Largest decline over 3 years | -31.61% | -30.23% | -1.38% |
Max Drawdown (5Y)Largest decline over 5 years | -36.18% | -49.13% | +12.95% |
Max Drawdown (10Y)Largest decline over 10 years | -36.18% | -64.67% | +28.49% |
Current DrawdownCurrent decline from peak | -9.89% | -8.15% | -1.74% |
Average DrawdownAverage peak-to-trough decline | -11.59% | -16.34% | +4.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.25% | 8.68% | -4.43% |
Volatility
ROBE.L vs. DEL2.L - Volatility Comparison
L&G ROBO Global Robotics and Automation UCITS ETF (ROBE.L) has a higher volatility of 9.94% compared to L&G DAX Daily 2x Long UCITS ETF EUR (Acc) (DEL2.L) at 9.31%. This indicates that ROBE.L's price experiences larger fluctuations and is considered to be riskier than DEL2.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ROBE.L | DEL2.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.94% | 9.31% | +0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 19.85% | 27.88% | -8.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.31% | 33.04% | -8.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.35% | 34.41% | -12.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.43% | 36.20% | -14.77% |
ROBE.L vs. DEL2.L - Expense Ratio Comparison
ROBE.L has a 0.80% expense ratio, which is higher than DEL2.L's 0.40% expense ratio.
Dividends
ROBE.L vs. DEL2.L - Dividend Comparison
Neither ROBE.L nor DEL2.L has paid dividends to shareholders.
Frequently Asked Questions
ROBE.L and DEL2.L have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DEL2.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DEL2.L is cheaper with a 0.40% expense ratio, compared with 0.80% for ROBE.L.
ROBE.L is categorized as Technology Equities, while DEL2.L is Leveraged Equities. ROBE.L tracks L&G ROBO Global Robotics and Automation UCITS ETF, while DEL2.L tracks LevDAX x2 Index Gross TR EUR. Their fees differ too: 0.80% for ROBE.L and 0.40% for DEL2.L.
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