ROBO.L vs. ROBE.L
ROBO.L (L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc)) and ROBE.L (L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc)) are both Robotics funds from L&G tracking the ROBO Global Robotics and Automation UCITS Index. Both are passively managed. Over the past 10 years, ROBO.L returned 12.56%/yr vs 12.57%/yr for ROBE.L. Their correlation of 0.94 suggests significant overlap in exposure. Both charge a 0.80% expense ratio.
Performance
ROBO.L vs. ROBE.L - Performance Comparison
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Different Trading Currencies
ROBO.L is traded in USD, while ROBE.L is traded in EUR. To make them comparable, the ROBE.L values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with ROBO.L having a 15.25% return and ROBE.L slightly higher at 15.32%. Both investments have delivered pretty close results over the past 10 years, with ROBO.L having a 12.56% annualized return and ROBE.L not far ahead at 12.57%.
ROBO.L
- 1D
- -0.92%
- 1M
- -5.60%
- 6M
- 7.62%
- YTD
- 15.25%
- 1Y
- 33.40%
- 3Y*
- 11.12%
- 5Y*
- 4.90%
- 10Y*
- 12.56%
ROBE.L
- 1D
- -1.05%
- 1M
- -5.63%
- 6M
- 7.54%
- YTD
- 15.32%
- 1Y
- 33.90%
- 3Y*
- 11.05%
- 5Y*
- 4.91%
- 10Y*
- 12.57%
ROBO.L vs. ROBE.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 USD (Acc) | 15.25% | 23.22% | -1.60% | 25.20% | -33.80% | 15.65% | 45.75% | 29.35% | -21.17% | 46.40% |
ROBE.L L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc) | 15.32% | 23.80% | -1.69% | 24.42% | -33.97% | 16.66% | 45.27% | 29.00% | -21.09% | 47.18% |
Correlation
The correlation between ROBO.L and ROBE.L is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2014 | 0.94 |
The correlation between ROBO.L and ROBE.L has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.
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Return for Risk
ROBO.L vs. ROBE.L — Risk / Return Rank
ROBO.L
ROBE.L
ROBO.L vs. ROBE.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 USD (Acc) (ROBO.L) and L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc) (ROBE.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 | ROBE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.24 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | 2.09 | -0.04 |
| Martin ratioReturn relative to average drawdown | 6.75 | 6.88 | -0.13 |
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Drawdowns
ROBO.L vs. ROBE.L - Drawdown Comparison
The maximum ROBO.L drawdown since its inception was -42.74%, roughly equal to the maximum ROBE.L drawdown of -42.89%. Use the drawdown chart below to compare losses from any high point for ROBO.L and ROBE.L.
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Drawdown Indicators
| ROBO.L | ROBE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.74% | -42.89% | +0.15% |
Max Drawdown (1Y)Largest decline over 1 year | -16.23% | -16.13% | -0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -28.70% | -28.66% | -0.04% |
Max Drawdown (5Y)Largest decline over 5 years | -42.74% | -42.89% | +0.15% |
Max Drawdown (10Y)Largest decline over 10 years | -42.74% | -42.89% | +0.15% |
Current DrawdownCurrent decline from peak | -11.22% | -11.25% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -13.17% | -15.89% | +2.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.94% | 4.92% | +0.02% |
Volatility
ROBO.L vs. ROBE.L - Volatility Comparison
L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc) (ROBO.L) and L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc) (ROBE.L) have volatilities of 9.57% and 10.01%, 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 | ROBE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.57% | 10.01% | -0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 22.03% | 20.83% | +1.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.20% | 25.13% | +1.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.18% | 23.95% | +0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.43% | 22.36% | +0.07% |
ROBO.L vs. ROBE.L - Expense Ratio Comparison
Both ROBO.L and ROBE.L have an expense ratio of 0.80%.
Dividends
ROBO.L vs. ROBE.L - Dividend Comparison
Neither ROBO.L nor ROBE.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.95, ROBO.L and ROBE.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.80% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ROBO.L and ROBE.L have the same expense ratio: 0.80% per year.
Both ETFs track ROBO Global Robotics and Automation UCITS Index.
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