ROBO.L vs. DEL2.L
ROBO.L (L&G ROBO Global Robotics and Automation UCITS ETF) and DEL2.L (L&G DAX Daily 2x Long UCITS ETF EUR (Acc)) are both exchange-traded funds - ROBO.L is a Technology Equities fund tracking the L&G ROBO Global Robotics and Automation UCITS ETF, while DEL2.L is a Leveraged Equities fund tracking the LevDAX x2 Index Gross TR EUR. Both are passively managed. Over the past 10 years, ROBO.L returned 12.58%/yr vs 13.20%/yr for DEL2.L. A 0.72 correlation means they provide meaningful diversification when combined. ROBO.L charges 0.80%/yr vs 0.40%/yr for DEL2.L.
Performance
ROBO.L vs. DEL2.L - Performance Comparison
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Different Trading Currencies
ROBO.L is traded in USD, while DEL2.L is traded in EUR. To make them comparable, the DEL2.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ROBO.L achieves a 15.43% return, which is significantly higher than DEL2.L's -2.76% return. Both investments have delivered pretty close results over the past 10 years, with ROBO.L having a 12.58% annualized return and DEL2.L not far ahead at 13.20%.
ROBO.L
- 1D
- -0.77%
- 1M
- -5.90%
- 6M
- 9.24%
- YTD
- 15.43%
- 1Y
- 33.11%
- 3Y*
- 11.17%
- 5Y*
- 4.93%
- 10Y*
- 12.58%
DEL2.L
- 1D
- 0.00%
- 1M
- -0.78%
- 6M
- -8.13%
- YTD
- -2.76%
- 1Y
- -1.54%
- 3Y*
- 24.53%
- 5Y*
- 11.75%
- 10Y*
- 13.20%
ROBO.L vs. DEL2.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ROBO.L L&G ROBO Global Robotics and Automation UCITS ETF | 15.43% | 23.22% | -1.60% | 25.20% | -33.80% | 15.65% | 45.75% | 29.35% | -21.17% | 46.40% |
DEL2.L L&G DAX Daily 2x Long UCITS ETF EUR (Acc) | -2.76% | 55.69% | 23.51% | 38.94% | -32.05% | 21.17% | 4.49% | 43.28% | -38.64% | 45.85% |
Correlation
The correlation between ROBO.L and DEL2.L is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2014 | 0.72 |
The correlation between ROBO.L and DEL2.L has been stable across timeframes, ranging from 0.66 to 0.73 - a consistent structural relationship.
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Return for Risk
ROBO.L vs. DEL2.L — Risk / Return Rank
ROBO.L
DEL2.L
ROBO.L vs. DEL2.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.L) and L&G DAX Daily 2x Long UCITS ETF EUR (Acc) (DEL2.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.L | DEL2.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.33 | ||
| Sortino ratioReturn per unit of downside risk | +1.71 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.02 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 2.06 | -0.07 | +2.13 |
| Martin ratioReturn relative to average drawdown | 6.79 | -0.21 | +7.00 |
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Drawdowns
ROBO.L vs. DEL2.L - Drawdown Comparison
The maximum ROBO.L drawdown since its inception was -42.74%, smaller than the maximum DEL2.L drawdown of -68.93%. Use the drawdown chart below to compare losses from any high point for ROBO.L and DEL2.L.
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Drawdown Indicators
| ROBO.L | DEL2.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.74% | -68.93% | +26.19% |
Max Drawdown (1Y)Largest decline over 1 year | -16.23% | -27.05% | +10.82% |
Max Drawdown (3Y)Largest decline over 3 years | -28.70% | -29.73% | +1.03% |
Max Drawdown (5Y)Largest decline over 5 years | -42.74% | -56.47% | +13.73% |
Max Drawdown (10Y)Largest decline over 10 years | -42.74% | -68.93% | +26.19% |
Current DrawdownCurrent decline from peak | -11.09% | -8.94% | -2.15% |
Average DrawdownAverage peak-to-trough decline | -13.17% | -18.99% | +5.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.94% | 8.86% | -3.92% |
Volatility
ROBO.L vs. DEL2.L - Volatility Comparison
L&G ROBO Global Robotics and Automation UCITS ETF (ROBO.L) and L&G DAX Daily 2x Long UCITS ETF EUR (Acc) (DEL2.L) have volatilities of 9.56% and 9.63%, 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.
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Volatility by Period
| ROBO.L | DEL2.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.56% | 9.63% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 22.02% | 28.89% | -6.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.19% | 33.93% | -7.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.18% | 36.96% | -12.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.43% | 37.64% | -15.21% |
ROBO.L vs. DEL2.L - Expense Ratio Comparison
ROBO.L has a 0.80% expense ratio, which is higher than DEL2.L's 0.40% expense ratio.
Dividends
ROBO.L vs. DEL2.L - Dividend Comparison
Neither ROBO.L nor DEL2.L has paid dividends to shareholders.
Frequently Asked Questions
ROBO.L and DEL2.L have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DEL2.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DEL2.L is cheaper with a 0.40% expense ratio, compared with 0.80% for ROBO.L.
ROBO.L is categorized as Technology Equities, while DEL2.L is Leveraged Equities. ROBO.L tracks L&G ROBO Global Robotics and Automation UCITS ETF, while DEL2.L tracks LevDAX x2 Index Gross TR EUR. Their fees differ too: 0.80% for ROBO.L and 0.40% for DEL2.L.
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