ROBO.AS vs. FMTM

Last updated Jun 4, 2026

ROBO.AS (L&G ROBO Global Robotics and Automation UCITS ETF) and FMTM (MarketDesk Focused U.S. Momentum ETF) are both exchange-traded funds - ROBO.AS is a Robotics fund tracking the ROBO Global Robotics and Automation Index, while FMTM is a Momentum fund. ROBO.AS is passively managed, while FMTM is actively managed. Over the past year, ROBO.AS returned 57.10% vs 60.36% for FMTM. At a 0.48 correlation, their price movements are largely independent. ROBO.AS charges 0.80%/yr vs 0.45%/yr for FMTM.

Performance

ROBO.AS vs. FMTM - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in L&G ROBO Global Robotics and Automation UCITS ETF (ROBO.AS) and MarketDesk Focused U.S. Momentum ETF (FMTM). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ROBO.AS is traded in EUR, while FMTM is traded in USD. To make them comparable, the FMTM values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ROBO.AS achieves a 31.08% return, which is significantly lower than FMTM's 33.33% return.

ROBO.AS

• 1D: -0.05%
• 1M: 11.97%
• YTD: 31.08%
• 6M: 32.13%
• 1Y: 57.10%
• 3Y*: 14.25%
• 5Y*: 8.35%
• 10Y*: —

FMTM

• 1D: 0.72%
• 1M: 7.03%
• YTD: 33.33%
• 6M: 35.48%
• 1Y: 60.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ROBO.AS vs. FMTM - Yearly Performance Comparison

	2026 (YTD)	2025
ROBO.AS L&G ROBO Global Robotics and Automation UCITS ETF	31.08%	15.90%
FMTM MarketDesk Focused U.S. Momentum ETF	33.33%	18.17%

Correlation

The correlation between ROBO.AS and FMTM is 0.55, 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	0.55
Correlation (All Time) Calculated using the full available price history since Mar 21, 2025	0.48

The correlation between ROBO.AS and FMTM has been stable across timeframes, ranging from 0.48 to 0.55 - a consistent structural relationship.

Return for Risk

ROBO.AS vs. FMTM — Risk / Return Rank

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

ROBO.AS

ROBO.AS Risk / Return Rank: 78
ROBO.AS Sharpe Ratio Rank: 80
ROBO.AS Sortino Ratio Rank: 79
ROBO.AS Omega Ratio Rank: 74
ROBO.AS Calmar Ratio Rank: 80
ROBO.AS Martin Ratio Rank: 80

FMTM

FMTM Risk / Return Rank: 82
FMTM Sharpe Ratio Rank: 84
FMTM Sortino Ratio Rank: 74
FMTM Omega Ratio Rank: 76
FMTM Calmar Ratio Rank: 88
FMTM Martin Ratio Rank: 89

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.

ROBO.AS vs. FMTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G ROBO Global Robotics and Automation UCITS ETF (ROBO.AS) and MarketDesk Focused U.S. Momentum ETF (FMTM). 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.

	ROBO.AS	FMTM	Difference
Sharpe ratio: Return per unit of total volatility	2.59	2.67	-0.09
Sortino ratio: Return per unit of downside risk	3.52	3.29	+0.23
Omega ratio: Gain probability vs. loss probability	1.44	1.45	-0.01
Calmar ratio: Return relative to maximum drawdown	4.11	5.85	-1.74
Martin ratio: Return relative to average drawdown	15.52	20.72	-5.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ROBO.AS vs. FMTM - Sharpe Ratio Comparison

The current ROBO.AS Sharpe Ratio is 2.59, which is comparable to the FMTM Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of ROBO.AS and FMTM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ROBO.AS	FMTM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.59	2.67	-0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	1.98	-1.45

Drawdowns

ROBO.AS vs. FMTM - Drawdown Comparison

The maximum ROBO.AS drawdown since its inception was -36.38%, which is greater than FMTM's maximum drawdown of -12.55%. Use the drawdown chart below to compare losses from any high point for ROBO.AS and FMTM.

Drawdown Indicators

	ROBO.AS	FMTM	Difference
Max Drawdown Largest peak-to-trough decline	-36.38%	-12.55%	-23.83%
Max Drawdown (1Y) Largest decline over 1 year	-13.70%	-10.37%	-3.33%
Max Drawdown (3Y) Largest decline over 3 years	-31.83%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-36.38%	—	—
Current Drawdown Current decline from peak	-0.05%	0.00%	-0.05%
Average Drawdown Average peak-to-trough decline	-11.96%	-3.01%	-8.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.65%	2.92%	+0.73%

Volatility

ROBO.AS vs. FMTM - Volatility Comparison

L&G ROBO Global Robotics and Automation UCITS ETF (ROBO.AS) has a higher volatility of 7.28% compared to MarketDesk Focused U.S. Momentum ETF (FMTM) at 6.33%. This indicates that ROBO.AS's price experiences larger fluctuations and is considered to be riskier than FMTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ROBO.AS	FMTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.28%	6.33%	+0.95%
Volatility (6M) Calculated over the trailing 6-month period	16.42%	17.24%	-0.82%
Volatility (1Y) Calculated over the trailing 1-year period	21.86%	22.71%	-0.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.10%	23.39%	-2.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.48%	23.39%	-1.91%

ROBO.AS vs. FMTM - Expense Ratio Comparison

ROBO.AS has a 0.80% expense ratio, which is higher than FMTM's 0.45% expense ratio.

Dividends

ROBO.AS vs. FMTM - Dividend Comparison

ROBO.AS has not paid dividends to shareholders, while FMTM's dividend yield for the trailing twelve months is around 0.22%.

Position	TTM	2025
FMTM MarketDesk Focused U.S. Momentum ETF	0.22%	0.30%
ROBO.AS L&G ROBO Global Robotics and Automation UCITS ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both ROBO.AS and FMTM in my portfolio?

ROBO.AS and FMTM have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ROBO.AS or FMTM?

On fees, FMTM is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ROBO.AS or FMTM?

FMTM is cheaper with a 0.45% expense ratio, compared with 0.80% for ROBO.AS.

What is the main difference between ROBO.AS and FMTM?

ROBO.AS is categorized as Robotics, while FMTM is Momentum. Their fees differ too: 0.80% for ROBO.AS and 0.45% for FMTM.