ROBO.L vs. LGJP.L
ROBO.L (L&G ROBO Global Robotics and Automation UCITS ETF) and LGJP.L (L&G Japan Equity UCITS ETF) are both exchange-traded funds - ROBO.L is a Technology Equities fund tracking the L&G ROBO Global Robotics and Automation UCITS ETF, while LGJP.L is a Japan Equities fund tracking the L&G Japan Equity UCITS ETF. Both are passively managed. Over the past 5 years, ROBO.L returned 4.93%/yr vs 9.51%/yr for LGJP.L. A 0.72 correlation means they provide meaningful diversification when combined. ROBO.L charges 0.80%/yr vs 0.10%/yr for LGJP.L.
Performance
ROBO.L vs. LGJP.L - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with ROBO.L having a 15.43% return and LGJP.L slightly lower at 15.08%.
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%
LGJP.L
- 1D
- -0.68%
- 1M
- -0.39%
- 6M
- 9.30%
- YTD
- 15.08%
- 1Y
- 33.92%
- 3Y*
- 17.92%
- 5Y*
- 9.51%
- 10Y*
- —
ROBO.L vs. LGJP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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% | -13.45% |
LGJP.L L&G Japan Equity UCITS ETF | 15.08% | 25.67% | 8.35% | 20.25% | -16.76% | 1.05% | 16.58% | 18.59% | -7.06% |
Correlation
The correlation between ROBO.L and LGJP.L is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2018 | 0.72 |
The correlation between ROBO.L and LGJP.L has been stable across timeframes, ranging from 0.66 to 0.72 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ROBO.L vs. LGJP.L — Risk / Return Rank
ROBO.L
LGJP.L
ROBO.L vs. LGJP.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 Japan Equity UCITS ETF (LGJP.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 | LGJP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.29 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.06 | 2.53 | -0.46 |
| Martin ratioReturn relative to average drawdown | 6.79 | 8.18 | -1.39 |
Loading charts...
Drawdowns
ROBO.L vs. LGJP.L - Drawdown Comparison
The maximum ROBO.L drawdown since its inception was -42.74%, which is greater than LGJP.L's maximum drawdown of -32.19%. Use the drawdown chart below to compare losses from any high point for ROBO.L and LGJP.L.
Loading charts...
Drawdown Indicators
| ROBO.L | LGJP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.74% | -32.19% | -10.55% |
Max Drawdown (1Y)Largest decline over 1 year | -16.23% | -13.20% | -3.03% |
Max Drawdown (3Y)Largest decline over 3 years | -28.70% | -14.30% | -14.40% |
Max Drawdown (5Y)Largest decline over 5 years | -42.74% | -32.19% | -10.55% |
Max Drawdown (10Y)Largest decline over 10 years | -42.74% | — | — |
Current DrawdownCurrent decline from peak | -11.09% | -3.27% | -7.82% |
Average DrawdownAverage peak-to-trough decline | -13.17% | -7.57% | -5.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.94% | 4.08% | +0.86% |
Volatility
ROBO.L vs. LGJP.L - Volatility Comparison
L&G ROBO Global Robotics and Automation UCITS ETF (ROBO.L) has a higher volatility of 9.56% compared to L&G Japan Equity UCITS ETF (LGJP.L) at 6.42%. This indicates that ROBO.L's price experiences larger fluctuations and is considered to be riskier than LGJP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ROBO.L | LGJP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.56% | 6.42% | +3.14% |
Volatility (6M)Calculated over the trailing 6-month period | 22.02% | 17.61% | +4.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.19% | 21.09% | +5.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.18% | 18.15% | +6.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.43% | 18.30% | +4.13% |
ROBO.L vs. LGJP.L - Expense Ratio Comparison
ROBO.L has a 0.80% expense ratio, which is higher than LGJP.L's 0.10% expense ratio.
Dividends
ROBO.L vs. LGJP.L - Dividend Comparison
Neither ROBO.L nor LGJP.L has paid dividends to shareholders.
Frequently Asked Questions
ROBO.L and LGJP.L have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LGJP.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LGJP.L is cheaper with a 0.10% expense ratio, compared with 0.80% for ROBO.L.
ROBO.L is categorized as Technology Equities, while LGJP.L is Japan Equities. ROBO.L tracks L&G ROBO Global Robotics and Automation UCITS ETF, while LGJP.L tracks L&G Japan Equity UCITS ETF. Their fees differ too: 0.80% for ROBO.L and 0.10% for LGJP.L.
Find the right allocation for ROBO.L and LGJP.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer