ROBO.AS vs. XWEM.L

Last updated Jul 21, 2026

ROBO.AS (L&G ROBO Global Robotics and Automation UCITS ETF) and XWEM.L (Xtrackers MSCI World Momentum ESG UCITS ETF 1C) are both exchange-traded funds - ROBO.AS is a Robotics fund tracking the ROBO Global Robotics and Automation Index, while XWEM.L is a Global Equities fund tracking the MSCI World Momentum Low Carbon SRI Screened Select. Both are passively managed. Over the past 3 years, ROBO.AS returned 9.13%/yr vs 23.79%/yr for XWEM.L. A 0.73 correlation means they provide meaningful diversification when combined. ROBO.AS charges 0.80%/yr vs 0.25%/yr for XWEM.L.

Performance

ROBO.AS vs. XWEM.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 (ROBO.AS) and Xtrackers MSCI World Momentum ESG UCITS ETF 1C (XWEM.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ROBO.AS is traded in EUR, while XWEM.L is traded in USD. To make them comparable, the XWEM.L 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 14.93% return, which is significantly lower than XWEM.L's 19.03% 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%

XWEM.L

• 1D: -0.98%
• 1M: -6.08%
• 6M: 15.38%
• YTD: 19.03%
• 1Y: 28.14%
• 3Y*: 23.79%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 23.27%

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

ROBO.AS vs. XWEM.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ROBO.AS L&G ROBO Global Robotics and Automation UCITS ETF	14.93%	9.16%	5.54%	-2.99%
XWEM.L Xtrackers MSCI World Momentum ESG UCITS ETF 1C	19.03%	7.14%	37.33%	7.70%

Correlation

The correlation between ROBO.AS and XWEM.L 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	0.73
Correlation (All Time) Calculated using the full available price history since Jul 5, 2023	0.73

The correlation between ROBO.AS and XWEM.L has been stable across timeframes, ranging from 0.73 to 0.73 - a consistent structural relationship.

Return for Risk

ROBO.AS vs. XWEM.L — 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: 48
ROBO.AS Sharpe Ratio Rank: 44
ROBO.AS Sortino Ratio Rank: 44
ROBO.AS Omega Ratio Rank: 43
ROBO.AS Calmar Ratio Rank: 56
ROBO.AS Martin Ratio Rank: 53

XWEM.L

XWEM.L Risk / Return Rank: 61
XWEM.L Sharpe Ratio Rank: 56
XWEM.L Sortino Ratio Rank: 62
XWEM.L Omega Ratio Rank: 56
XWEM.L Calmar Ratio Rank: 60
XWEM.L Martin Ratio Rank: 68

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. XWEM.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 (ROBO.AS) and Xtrackers MSCI World Momentum ESG UCITS ETF 1C (XWEM.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.

	ROBO.AS	XWEM.L	Difference
Sharpe ratio: Return per unit of total volatility	1.18	1.55	-0.37
Sortino ratio: Return per unit of downside risk	1.72	2.32	-0.61
Omega ratio: Gain probability vs. loss probability	1.21	1.28	-0.07
Calmar ratio: Return relative to maximum drawdown	2.10	3.08	-0.97
Martin ratio: Return relative to average drawdown	6.59	11.28	-4.69

ROBO.AS vs. XWEM.L - Sharpe Ratio Comparison

The current ROBO.AS Sharpe Ratio is 1.18, which is comparable to the XWEM.L Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of ROBO.AS and XWEM.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

ROBO.AS vs. XWEM.L - Drawdown Comparison

The maximum ROBO.AS drawdown since its inception was -36.38%, which is greater than XWEM.L's maximum drawdown of -22.58%. Use the drawdown chart below to compare losses from any high point for ROBO.AS and XWEM.L.

Drawdown Indicators

	ROBO.AS	XWEM.L	Difference
Max Drawdown Largest peak-to-trough decline	-36.38%	-22.58%	-13.80%
Max Drawdown (1Y) Largest decline over 1 year	-13.70%	-9.09%	-4.61%
Max Drawdown (3Y) Largest decline over 3 years	-31.83%	-22.58%	-9.25%
Max Drawdown (5Y) Largest decline over 5 years	-36.38%	—	—
Current Drawdown Current decline from peak	-12.36%	-7.19%	-5.17%
Average Drawdown Average peak-to-trough decline	-11.79%	-2.86%	-8.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.38%	2.49%	+1.89%

Volatility

ROBO.AS vs. XWEM.L - Volatility Comparison

L&G ROBO Global Robotics and Automation UCITS ETF (ROBO.AS) has a higher volatility of 10.27% compared to Xtrackers MSCI World Momentum ESG UCITS ETF 1C (XWEM.L) at 6.31%. This indicates that ROBO.AS's price experiences larger fluctuations and is considered to be riskier than XWEM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ROBO.AS	XWEM.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.27%	6.31%	+3.96%
Volatility (6M) Calculated over the trailing 6-month period	19.87%	15.29%	+4.58%
Volatility (1Y) Calculated over the trailing 1-year period	24.54%	18.08%	+6.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.77%	17.70%	+4.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.65%	17.70%	+3.95%

ROBO.AS vs. XWEM.L - Expense Ratio Comparison

ROBO.AS has a 0.80% expense ratio, which is higher than XWEM.L's 0.25% expense ratio.

Dividends

ROBO.AS vs. XWEM.L - Dividend Comparison

Neither ROBO.AS nor XWEM.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

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

ROBO.AS and XWEM.L 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.

Which ETF is better, ROBO.AS or XWEM.L?

On fees, XWEM.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ROBO.AS or XWEM.L?

XWEM.L is cheaper with a 0.25% expense ratio, compared with 0.80% for ROBO.AS.

What is the main difference between ROBO.AS and XWEM.L?

ROBO.AS is categorized as Robotics, while XWEM.L is Global Equities. ROBO.AS tracks ROBO Global Robotics and Automation Index, while XWEM.L tracks MSCI World Momentum Low Carbon SRI Screened Select. They also come from different issuers: Legal & General and Xtrackers. Their fees differ too: 0.80% for ROBO.AS and 0.25% for XWEM.L.