ROBO.AX vs. CORE.AX
ROBO.AX (Global X ROBO Global Robotics & Automation ETF) and CORE.AX (Schroder Global Core Fund - Active ETF) are both Global Equities funds. ROBO.AX is passively managed, while CORE.AX is actively managed. Over the past year, ROBO.AX returned 25.10% vs 15.14% for CORE.AX. At a 0.49 correlation, their price movements are largely independent.
Performance
ROBO.AX vs. CORE.AX - Performance Comparison
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Returns By Period
In the year-to-date period, ROBO.AX achieves a 10.71% return, which is significantly higher than CORE.AX's 4.95% return.
ROBO.AX
- 1D
- -0.97%
- 1M
- -3.97%
- 6M
- 4.45%
- YTD
- 10.71%
- 1Y
- 25.10%
- 3Y*
- 10.55%
- 5Y*
- 6.26%
- 10Y*
- —
CORE.AX
- 1D
- -0.25%
- 1M
- 0.93%
- 6M
- 4.67%
- YTD
- 4.95%
- 1Y
- 15.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ROBO.AX vs. CORE.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ROBO.AX Global X ROBO Global Robotics & Automation ETF | 10.71% | 20.72% |
CORE.AX Schroder Global Core Fund - Active ETF | 4.95% | 12.78% |
Correlation
The correlation between ROBO.AX and CORE.AX is 0.51, 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 | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025 | 0.49 |
The correlation between ROBO.AX and CORE.AX has been stable across timeframes, ranging from 0.49 to 0.51 - a consistent structural relationship.
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Return for Risk
ROBO.AX vs. CORE.AX — Risk / Return Rank
ROBO.AX
CORE.AX
ROBO.AX vs. CORE.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X ROBO Global Robotics & Automation ETF (ROBO.AX) and Schroder Global Core Fund - Active ETF (CORE.AX). 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.AX | CORE.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.28 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.88 | 1.68 | +0.20 |
| Martin ratioReturn relative to average drawdown | 5.71 | 4.54 | +1.17 |
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Drawdowns
ROBO.AX vs. CORE.AX - Drawdown Comparison
The maximum ROBO.AX drawdown since its inception was -34.87%, which is greater than CORE.AX's maximum drawdown of -10.20%. Use the drawdown chart below to compare losses from any high point for ROBO.AX and CORE.AX.
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Drawdown Indicators
| ROBO.AX | CORE.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.87% | -10.20% | -24.67% |
Max Drawdown (1Y)Largest decline over 1 year | -13.46% | -10.20% | -3.26% |
Max Drawdown (3Y)Largest decline over 3 years | -25.40% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -34.87% | — | — |
Current DrawdownCurrent decline from peak | -9.33% | -1.34% | -7.99% |
Average DrawdownAverage peak-to-trough decline | -9.97% | -2.60% | -7.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.49% | — | — |
Volatility
ROBO.AX vs. CORE.AX - Volatility Comparison
Global X ROBO Global Robotics & Automation ETF (ROBO.AX) has a higher volatility of 7.93% compared to Schroder Global Core Fund - Active ETF (CORE.AX) at 2.12%. This indicates that ROBO.AX's price experiences larger fluctuations and is considered to be riskier than CORE.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ROBO.AX | CORE.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.93% | 2.12% | +5.81% |
Volatility (6M)Calculated over the trailing 6-month period | 19.03% | 7.39% | +11.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.37% | 12.44% | +9.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.03% | 12.50% | +7.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.76% | 12.50% | +7.26% |
Dividends
ROBO.AX vs. CORE.AX - Dividend Comparison
ROBO.AX's dividend yield for the trailing twelve months is around 10.35%, more than CORE.AX's 0.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
CORE.AX Schroder Global Core Fund - Active ETF | 0.68% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ROBO.AX Global X ROBO Global Robotics & Automation ETF | 10.35% | 0.20% | 0.19% | 0.53% | 8.00% | 8.53% | 0.62% | 0.31% | 2.09% |
Frequently Asked Questions
ROBO.AX and CORE.AX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Global X and Schroder.
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