ROBO.AS vs. WITS.AS
ROBO.AS (L&G ROBO Global Robotics and Automation UCITS ETF) and WITS.AS (iShares MSCI World Information Technology Sector ESG UCITS ETF) are both exchange-traded funds - ROBO.AS is a Robotics fund tracking the ROBO Global Robotics and Automation Index, while WITS.AS is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, ROBO.AS returned 8.35%/yr vs 21.89%/yr for WITS.AS. A 0.78 correlation means they provide meaningful diversification when combined. ROBO.AS charges 0.80%/yr vs 0.25%/yr for WITS.AS.
Performance
ROBO.AS vs. WITS.AS - Performance Comparison
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Different Trading Currencies
ROBO.AS is traded in EUR, while WITS.AS is traded in USD. To make them comparable, the WITS.AS 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 higher than WITS.AS's 27.11% 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*
- —
WITS.AS
- 1D
- -0.39%
- 1M
- 19.09%
- YTD
- 27.11%
- 6M
- 26.03%
- 1Y
- 48.09%
- 3Y*
- 28.76%
- 5Y*
- 21.89%
- 10Y*
- —
ROBO.AS vs. WITS.AS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ROBO.AS L&G ROBO Global Robotics and Automation UCITS ETF | 31.08% | 9.16% | 5.54% | 20.30% | -30.09% | 25.18% | 33.61% | 7.23% |
WITS.AS iShares MSCI World Information Technology Sector ESG UCITS ETF | 27.11% | 7.87% | 36.46% | 55.38% | -29.14% | 39.85% | 32.58% | 11.53% |
Correlation
The correlation between ROBO.AS and WITS.AS is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2019 | 0.78 |
The correlation between ROBO.AS and WITS.AS has been stable across timeframes, ranging from 0.73 to 0.78 - a consistent structural relationship.
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Return for Risk
ROBO.AS vs. WITS.AS — Risk / Return Rank
ROBO.AS
WITS.AS
ROBO.AS vs. WITS.AS - 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 iShares MSCI World Information Technology Sector ESG UCITS ETF (WITS.AS). 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 | WITS.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.40 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.11 | 3.12 | +0.99 |
| Martin ratioReturn relative to average drawdown | 15.52 | 8.28 | +7.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ROBO.AS | WITS.AS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.59 | 2.35 | +0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.39 | 0.93 | -0.54 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 1.01 | -0.48 |
Drawdowns
ROBO.AS vs. WITS.AS - Drawdown Comparison
The maximum ROBO.AS drawdown since its inception was -36.38%, which is greater than WITS.AS's maximum drawdown of -31.15%. Use the drawdown chart below to compare losses from any high point for ROBO.AS and WITS.AS.
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Drawdown Indicators
| ROBO.AS | WITS.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.38% | -31.15% | -5.23% |
Max Drawdown (1Y)Largest decline over 1 year | -13.70% | -15.21% | +1.51% |
Max Drawdown (3Y)Largest decline over 3 years | -31.83% | -28.65% | -3.18% |
Max Drawdown (5Y)Largest decline over 5 years | -36.38% | -30.51% | -5.87% |
Current DrawdownCurrent decline from peak | -0.05% | -0.39% | +0.34% |
Average DrawdownAverage peak-to-trough decline | -11.96% | -7.80% | -4.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.65% | 5.76% | -2.11% |
Volatility
ROBO.AS vs. WITS.AS - Volatility Comparison
L&G ROBO Global Robotics and Automation UCITS ETF (ROBO.AS) has a higher volatility of 7.28% compared to iShares MSCI World Information Technology Sector ESG UCITS ETF (WITS.AS) at 6.76%. This indicates that ROBO.AS's price experiences larger fluctuations and is considered to be riskier than WITS.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ROBO.AS | WITS.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.28% | 6.76% | +0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 16.42% | 15.33% | +1.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.86% | 20.27% | +1.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.10% | 23.32% | -2.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.48% | 24.25% | -2.77% |
ROBO.AS vs. WITS.AS - Expense Ratio Comparison
ROBO.AS has a 0.80% expense ratio, which is higher than WITS.AS's 0.25% expense ratio.
Dividends
ROBO.AS vs. WITS.AS - Dividend Comparison
ROBO.AS has not paid dividends to shareholders, while WITS.AS's dividend yield for the trailing twelve months is around 0.25%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
ROBO.AS L&G ROBO Global Robotics and Automation UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WITS.AS iShares MSCI World Information Technology Sector ESG UCITS ETF | 0.25% | 0.31% | 0.38% | 0.46% | 0.81% | 0.41% | 0.73% | 0.12% |
Frequently Asked Questions
ROBO.AS and WITS.AS have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WITS.AS is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WITS.AS is cheaper with a 0.25% expense ratio, compared with 0.80% for ROBO.AS.
ROBO.AS is categorized as Robotics, while WITS.AS is Technology Equities. ROBO.AS tracks ROBO Global Robotics and Automation Index, while WITS.AS tracks MSCI World/Information Tech NR USD. They also come from different issuers: Legal & General and iShares. Their fees differ too: 0.80% for ROBO.AS and 0.25% for WITS.AS.
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