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ROBO.AS vs. VWCE.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

ROBO.AS vs. VWCE.DE - 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 Vanguard FTSE All-World UCITS ETF (VWCE.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ROBO.AS achieves a 14.93% return, which is significantly higher than VWCE.DE's 12.90% return.


ROBO.AS

1D
0.00%
1M
-9.34%
6M
8.00%
YTD
14.93%
1Y
28.96%
3Y*
9.13%
5Y*
4.72%
10Y*
ALL TIME*
9.56%

VWCE.DE

1D
0.42%
1M
-0.76%
6M
10.90%
YTD
12.90%
1Y
23.83%
3Y*
17.37%
5Y*
11.53%
10Y*
ALL TIME*
12.48%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ROBO.AS vs. VWCE.DE - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
ROBO.AS
L&G ROBO Global Robotics and Automation UCITS ETF
14.93%9.16%5.54%20.30%-30.09%25.18%33.61%6.42%
VWCE.DE
Vanguard FTSE All-World UCITS ETF
12.90%9.16%24.41%18.18%-13.47%28.62%5.36%7.08%

Correlation

The correlation between ROBO.AS and VWCE.DE is 0.82, 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

0.82

Correlation (3Y)
Calculated over the trailing 3-year period

0.83

Correlation (5Y)
Calculated over the trailing 5-year period

0.84

Correlation (All Time)
Calculated using the full available price history since Jul 25, 2019

0.86

The correlation between ROBO.AS and VWCE.DE has been stable across timeframes, ranging from 0.82 to 0.86 - a consistent structural relationship.

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Return for Risk

ROBO.AS vs. VWCE.DE — 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: 4848
Overall Rank
ROBO.AS Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
ROBO.AS Sortino Ratio Rank: 4444
Sortino Ratio Rank
ROBO.AS Omega Ratio Rank: 4343
Omega Ratio Rank
ROBO.AS Calmar Ratio Rank: 5656
Calmar Ratio Rank
ROBO.AS Martin Ratio Rank: 5353
Martin Ratio Rank

VWCE.DE
VWCE.DE Risk / Return Rank: 8686
Overall Rank
VWCE.DE Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
VWCE.DE Sortino Ratio Rank: 8383
Sortino Ratio Rank
VWCE.DE Omega Ratio Rank: 8484
Omega Ratio Rank
VWCE.DE Calmar Ratio Rank: 8787
Calmar Ratio Rank
VWCE.DE Martin Ratio Rank: 9090
Martin Ratio Rank
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. VWCE.DE - 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 Vanguard FTSE All-World UCITS ETF (VWCE.DE). 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.


ROBO.ASVWCE.DEDifference
Sharpe ratioReturn per unit of total volatility

-0.88

Sortino ratioReturn per unit of downside risk

-1.14

Omega ratioGain probability vs. loss probability

1.21

1.38

-0.16

Calmar ratioReturn relative to maximum drawdown

2.10

3.62

-1.52

Martin ratioReturn relative to average drawdown

6.59

14.73

-8.14

ROBO.AS vs. VWCE.DE - Sharpe Ratio Comparison

The current ROBO.AS Sharpe Ratio is 1.18, which is lower than the VWCE.DE Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of ROBO.AS and VWCE.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

ROBO.AS vs. VWCE.DE - Drawdown Comparison

The maximum ROBO.AS drawdown since its inception was -36.38%, which is greater than VWCE.DE's maximum drawdown of -33.43%. Use the drawdown chart below to compare losses from any high point for ROBO.AS and VWCE.DE.


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Drawdown Indicators


ROBO.ASVWCE.DEDifference

Max Drawdown

Largest peak-to-trough decline

-36.38%

-33.43%

-2.95%

Max Drawdown (1Y)

Largest decline over 1 year

-13.70%

-6.55%

-7.15%

Max Drawdown (3Y)

Largest decline over 3 years

-31.83%

-21.07%

-10.76%

Max Drawdown (5Y)

Largest decline over 5 years

-36.38%

-21.07%

-15.31%

Current Drawdown

Current decline from peak

-12.36%

-1.45%

-10.91%

Average Drawdown

Average peak-to-trough decline

-11.79%

-4.62%

-7.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.38%

1.61%

+2.77%

Volatility

ROBO.AS vs. VWCE.DE - Volatility Comparison

L&G ROBO Global Robotics and Automation UCITS ETF (ROBO.AS) has a higher volatility of 10.27% compared to Vanguard FTSE All-World UCITS ETF (VWCE.DE) at 3.08%. This indicates that ROBO.AS's price experiences larger fluctuations and is considered to be riskier than VWCE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ROBO.ASVWCE.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.27%

3.08%

+7.19%

Volatility (6M)

Calculated over the trailing 6-month period

19.87%

8.58%

+11.29%

Volatility (1Y)

Calculated over the trailing 1-year period

24.54%

11.57%

+12.97%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.77%

13.78%

+7.99%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.65%

16.09%

+5.56%

ROBO.AS vs. VWCE.DE - Expense Ratio Comparison

ROBO.AS has a 0.80% expense ratio, which is higher than VWCE.DE's 0.19% expense ratio.


Dividends

ROBO.AS vs. VWCE.DE - Dividend Comparison

Neither ROBO.AS nor VWCE.DE has paid dividends to shareholders.


Tickers have no history of dividend payments

Frequently Asked Questions


ROBO.AS and VWCE.DE have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, VWCE.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

VWCE.DE is cheaper with a 0.19% expense ratio, compared with 0.80% for ROBO.AS.

ROBO.AS is categorized as Robotics, while VWCE.DE is Global Equities. ROBO.AS tracks ROBO Global Robotics and Automation Index, while VWCE.DE tracks FTSE All-World Index. They also come from different issuers: Legal & General and Vanguard. Their fees differ too: 0.80% for ROBO.AS and 0.19% for VWCE.DE.

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