ROBE.L vs. ROBO.L
ROBE.L (L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc)) and ROBO.L (L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc)) are both Robotics funds from L&G tracking the ROBO Global Robotics and Automation UCITS Index. Both are passively managed. Over the past 10 years, ROBE.L returned 11.78%/yr vs 11.80%/yr for ROBO.L. Their correlation of 0.94 suggests significant overlap in exposure. Both charge a 0.80% expense ratio.
Performance
ROBE.L vs. ROBO.L - Performance Comparison
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Different Trading Currencies
ROBE.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
The year-to-date returns for both stocks are quite close, with ROBE.L having a 14.99% return and ROBO.L slightly lower at 14.98%. Both investments have delivered pretty close results over the past 10 years, with ROBE.L having a 11.78% annualized return and ROBO.L not far ahead at 11.80%.
ROBE.L
- 1D
- -2.83%
- 1M
- -7.85%
- 6M
- 6.10%
- YTD
- 14.99%
- 1Y
- 28.48%
- 3Y*
- 8.76%
- 5Y*
- 4.95%
- 10Y*
- 11.78%
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%
ROBE.L vs. ROBO.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 USD (Acc) | 14.99% | 9.14% | 4.79% | 20.61% | -29.75% | 25.18% | 33.46% | 31.56% | -17.23% | 28.95% |
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% | 32.27% | -17.47% | 28.41% |
Correlation
The correlation between ROBE.L and ROBO.L is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2014 | 0.94 |
The correlation between ROBE.L and ROBO.L has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.
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Return for Risk
ROBE.L vs. ROBO.L — Risk / Return Rank
ROBE.L
ROBO.L
ROBE.L vs. ROBO.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 USD (Acc) (ROBE.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.
| ROBE.L | ROBO.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.20 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.07 | 2.06 | +0.01 |
| Martin ratioReturn relative to average drawdown | 6.58 | 6.48 | +0.10 |
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Drawdowns
ROBE.L vs. ROBO.L - Drawdown Comparison
The maximum ROBE.L drawdown since its inception was -36.18%, roughly equal to the maximum ROBO.L drawdown of -36.00%. Use the drawdown chart below to compare losses from any high point for ROBE.L and ROBO.L.
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Drawdown Indicators
| ROBE.L | ROBO.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.18% | -36.00% | -0.18% |
Max Drawdown (1Y)Largest decline over 1 year | -13.69% | -13.75% | +0.06% |
Max Drawdown (3Y)Largest decline over 3 years | -31.61% | -31.68% | +0.07% |
Max Drawdown (5Y)Largest decline over 5 years | -36.18% | -36.00% | -0.18% |
Max Drawdown (10Y)Largest decline over 10 years | -36.18% | -36.00% | -0.18% |
Current DrawdownCurrent decline from peak | -12.38% | -12.40% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -11.59% | -11.20% | -0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.32% | 4.39% | -0.07% |
Volatility
ROBE.L vs. ROBO.L - Volatility Comparison
L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc) (ROBE.L) and L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc) (ROBO.L) have volatilities of 10.13% and 9.82%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ROBE.L | ROBO.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.13% | 9.82% | +0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 20.06% | 21.53% | -1.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.46% | 25.99% | -1.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.38% | 23.03% | -0.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.45% | 22.00% | -0.55% |
ROBE.L vs. ROBO.L - Expense Ratio Comparison
Both ROBE.L and ROBO.L have an expense ratio of 0.80%.
Dividends
ROBE.L vs. ROBO.L - Dividend Comparison
Neither ROBE.L nor ROBO.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.95, ROBE.L and ROBO.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.80% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ROBE.L and ROBO.L have the same expense ratio: 0.80% per year.
Both ETFs track ROBO Global Robotics and Automation UCITS Index.
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