ROBG.L vs. ROBO.L

Last updated Jul 18, 2026

ROBG.L (L&G ROBO Global Robotics and Automation UCITS ETF) and ROBO.L (L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc)) are both Robotics funds - ROBG.L tracks the ROBO Global Robotics and Automation Index while ROBO.L tracks the ROBO Global Robotics and Automation UCITS Index. Both are passively managed. Over the past 10 years, ROBG.L returned 11.92%/yr vs 11.92%/yr for ROBO.L. Their correlation of 0.94 suggests significant overlap in exposure. Both charge a 0.80% expense ratio.

Performance

ROBG.L vs. ROBO.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in L&G ROBO Global Robotics and Automation UCITS ETF (ROBG.L) and L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc) (ROBO.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ROBG.L is traded in GBp, while ROBO.L is traded in USD. To make them comparable, the ROBO.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with ROBG.L having a 11.81% return and ROBO.L slightly higher at 12.13%. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: ROBG.L at 11.92% and ROBO.L at 11.92%.

ROBG.L

• 1D: -2.92%
• 1M: -9.61%
• 6M: 3.79%
• YTD: 11.81%
• 1Y: 25.95%
• 3Y*: 8.32%
• 5Y*: 4.74%
• 10Y*: 11.92%

ROBO.L

• 1D: -2.68%
• 1M: -10.17%
• 6M: 4.20%
• YTD: 12.13%
• 1Y: 26.44%
• 3Y*: 8.39%
• 5Y*: 4.78%
• 10Y*: 11.92%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ROBG.L vs. ROBO.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ROBG.L L&G ROBO Global Robotics and Automation UCITS ETF	11.81%	14.68%	-0.04%	18.36%	-25.90%	17.05%	40.88%	25.34%	-16.64%	33.32%
ROBO.L L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc)	12.13%	14.44%	0.12%	18.94%	-25.93%	16.75%	41.46%	24.43%	-16.49%	33.74%

Correlation

The correlation between ROBG.L and ROBO.L is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Oct 23, 2014	0.94

The correlation between ROBG.L and ROBO.L has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.

Return for Risk

ROBG.L vs. ROBO.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ROBG.L

ROBG.L Risk / Return Rank: 40
ROBG.L Sharpe Ratio Rank: 37
ROBG.L Sortino Ratio Rank: 37
ROBG.L Omega Ratio Rank: 37
ROBG.L Calmar Ratio Rank: 46
ROBG.L Martin Ratio Rank: 44

ROBO.L

ROBO.L Risk / Return Rank: 39
ROBO.L Sharpe Ratio Rank: 37
ROBO.L Sortino Ratio Rank: 38
ROBO.L Omega Ratio Rank: 36
ROBO.L Calmar Ratio Rank: 42
ROBO.L Martin Ratio Rank: 44

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ROBG.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 (ROBG.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.

	ROBG.L	ROBO.L	Difference
Sharpe ratio: Return per unit of total volatility	1.08	1.03	+0.05
Sortino ratio: Return per unit of downside risk	1.60	1.55	+0.06
Omega ratio: Gain probability vs. loss probability	1.20	1.19	+0.01
Calmar ratio: Return relative to maximum drawdown	1.84	1.90	-0.06
Martin ratio: Return relative to average drawdown	5.74	5.74	0.00

ROBG.L vs. ROBO.L - Sharpe Ratio Comparison

The current ROBG.L Sharpe Ratio is 1.08, which is comparable to the ROBO.L Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of ROBG.L and ROBO.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ROBG.L vs. ROBO.L - Drawdown Comparison

The maximum ROBG.L drawdown since its inception was -45.34%, which is greater than ROBO.L's maximum drawdown of -35.19%. Use the drawdown chart below to compare losses from any high point for ROBG.L and ROBO.L.

Drawdown Indicators

	ROBG.L	ROBO.L	Difference
Max Drawdown Largest peak-to-trough decline	-45.34%	-35.19%	-10.15%
Max Drawdown (1Y) Largest decline over 1 year	-14.01%	-13.84%	-0.17%
Max Drawdown (3Y) Largest decline over 3 years	-31.14%	-30.60%	-0.54%
Max Drawdown (5Y) Largest decline over 5 years	-34.50%	-35.19%	+0.69%
Max Drawdown (10Y) Largest decline over 10 years	-34.50%	-35.19%	+0.69%
Current Drawdown Current decline from peak	-14.01%	-13.83%	-0.18%
Average Drawdown Average peak-to-trough decline	-14.66%	-10.25%	-4.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.51%	4.59%	-0.08%

Volatility

ROBG.L vs. ROBO.L - Volatility Comparison

L&G ROBO Global Robotics and Automation UCITS ETF (ROBG.L) has a higher volatility of 10.16% compared to L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc) (ROBO.L) at 9.66%. This indicates that ROBG.L's price experiences larger fluctuations and is considered to be riskier than ROBO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ROBG.L	ROBO.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.16%	9.66%	+0.50%
Volatility (6M) Calculated over the trailing 6-month period	19.82%	21.47%	-1.65%
Volatility (1Y) Calculated over the trailing 1-year period	23.94%	25.56%	-1.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.99%	22.51%	+2.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.53%	21.58%	+0.95%

ROBG.L vs. ROBO.L - Expense Ratio Comparison

Both ROBG.L and ROBO.L have an expense ratio of 0.80%.

Dividends

ROBG.L vs. ROBO.L - Dividend Comparison

Neither ROBG.L nor ROBO.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ROBG.L and ROBO.L in my portfolio?

With a correlation of 0.93, ROBG.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.

Which ETF is better, ROBG.L or ROBO.L?

Both ETFs have the same 0.80% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ROBG.L or ROBO.L?

ROBG.L and ROBO.L have the same expense ratio: 0.80% per year.

What is the main difference between ROBG.L and ROBO.L?

ROBG.L tracks ROBO Global Robotics and Automation Index, while ROBO.L tracks ROBO Global Robotics and Automation UCITS Index. They also come from different issuers: Legal & General and L&G.