ROBO.AS vs. XAIX.DE
Compare and contrast key facts about L&G ROBO Global Robotics and Automation UCITS ETF (ROBO.AS) and Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE).
ROBO.AS and XAIX.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ROBO.AS is a passively managed fund by Legal & General that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Oct 23, 2014. XAIX.DE is a passively managed fund by Xtrackers that tracks the performance of the Nasdaq Global Artificial Intelligence and Big Data. It was launched on Jan 29, 2019. Both ROBO.AS and XAIX.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ROBO.AS or XAIX.DE.
Key characteristics
ROBO.AS | XAIX.DE | |
---|---|---|
YTD Return | -5.80% | 15.80% |
1Y Return | 1.16% | 29.32% |
3Y Return (Ann) | -5.53% | 12.02% |
5Y Return (Ann) | 6.89% | 18.13% |
Sharpe Ratio | 0.21 | 1.78 |
Daily Std Dev | 16.87% | 17.86% |
Max Drawdown | -33.20% | -33.08% |
Current Drawdown | -22.10% | -7.50% |
Correlation
The correlation between ROBO.AS and XAIX.DE is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ROBO.AS vs. XAIX.DE - Performance Comparison
In the year-to-date period, ROBO.AS achieves a -5.80% return, which is significantly lower than XAIX.DE's 15.80% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ROBO.AS vs. XAIX.DE - Expense Ratio Comparison
ROBO.AS has a 0.80% expense ratio, which is higher than XAIX.DE's 0.35% expense ratio.
Risk-Adjusted Performance
ROBO.AS vs. XAIX.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G ROBO Global Robotics and Automation UCITS ETF (ROBO.AS) and Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.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.
Dividends
ROBO.AS vs. XAIX.DE - Dividend Comparison
Neither ROBO.AS nor XAIX.DE has paid dividends to shareholders.
Drawdowns
ROBO.AS vs. XAIX.DE - Drawdown Comparison
The maximum ROBO.AS drawdown since its inception was -33.20%, roughly equal to the maximum XAIX.DE drawdown of -33.08%. Use the drawdown chart below to compare losses from any high point for ROBO.AS and XAIX.DE. For additional features, visit the drawdowns tool.
Volatility
ROBO.AS vs. XAIX.DE - Volatility Comparison
L&G ROBO Global Robotics and Automation UCITS ETF (ROBO.AS) and Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE) have volatilities of 5.44% and 5.50%, 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.