ROBO.L vs. ROBG.L

Last updated Jul 18, 2026

ROBO.L (L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc)) and ROBG.L (L&G ROBO Global Robotics and Automation UCITS ETF) are both Robotics funds - ROBO.L tracks the ROBO Global Robotics and Automation UCITS Index while ROBG.L tracks the ROBO Global Robotics and Automation Index. Both are passively managed. Over the past 10 years, ROBO.L returned 12.22%/yr vs 12.20%/yr for ROBG.L. Their correlation of 0.94 suggests significant overlap in exposure. Both charge a 0.80% expense ratio.

Performance

ROBO.L vs. ROBG.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 USD (Acc) (ROBO.L) and L&G ROBO Global Robotics and Automation UCITS ETF (ROBG.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ROBO.L is traded in USD, while ROBG.L is traded in GBp. To make them comparable, the ROBG.L values have been converted to USD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with ROBO.L having a 11.97% return and ROBG.L slightly lower at 11.75%. Both investments have delivered pretty close results over the past 10 years, with ROBO.L having a 12.22% annualized return and ROBG.L not far behind at 12.20%.

ROBO.L

• 1D: -2.84%
• 1M: -9.06%
• 6M: 4.80%
• YTD: 11.97%
• 1Y: 26.78%
• 3Y*: 9.53%
• 5Y*: 4.30%
• 10Y*: 12.22%

ROBG.L

• 1D: -3.13%
• 1M: -8.52%
• 6M: 4.34%
• YTD: 11.75%
• 1Y: 26.27%
• 3Y*: 9.45%
• 5Y*: 4.27%
• 10Y*: 12.20%

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

ROBO.L vs. ROBG.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)	11.97%	23.22%	-1.60%	25.20%	-33.80%	15.65%	45.75%	29.35%	-21.17%	46.40%
ROBG.L L&G ROBO Global Robotics and Automation UCITS ETF	11.75%	23.33%	-1.71%	24.60%	-33.82%	15.99%	45.19%	30.37%	-21.35%	46.01%

Correlation

The correlation between ROBO.L and ROBG.L is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Oct 23, 2014	0.94

The correlation between ROBO.L and ROBG.L has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.

Return for Risk

ROBO.L vs. ROBG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ROBO.L

ROBO.L Risk / Return Rank: 39
ROBO.L Sharpe Ratio Rank: 37
ROBO.L Sortino Ratio Rank: 38
ROBO.L Omega Ratio Rank: 36
ROBO.L Calmar Ratio Rank: 42
ROBO.L Martin Ratio Rank: 44

ROBG.L

ROBG.L Risk / Return Rank: 40
ROBG.L Sharpe Ratio Rank: 37
ROBG.L Sortino Ratio Rank: 37
ROBG.L Omega Ratio Rank: 37
ROBG.L Calmar Ratio Rank: 46
ROBG.L Martin Ratio Rank: 44

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.L vs. ROBG.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 (ROBG.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	ROBG.L	Difference
Sharpe ratio: Return per unit of total volatility	1.02	1.04	-0.02
Sortino ratio: Return per unit of downside risk	1.55	1.58	-0.03
Omega ratio: Gain probability vs. loss probability	1.19	1.19	0.00
Calmar ratio: Return relative to maximum drawdown	1.64	1.63	+0.02
Martin ratio: Return relative to average drawdown	5.33	5.24	+0.09

ROBO.L vs. ROBG.L - Sharpe Ratio Comparison

The current ROBO.L Sharpe Ratio is 1.02, which is comparable to the ROBG.L Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of ROBO.L and ROBG.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.L vs. ROBG.L - Drawdown Comparison

The maximum ROBO.L drawdown since its inception was -42.74%, smaller than the maximum ROBG.L drawdown of -50.44%. Use the drawdown chart below to compare losses from any high point for ROBO.L and ROBG.L.

Drawdown Indicators

	ROBO.L	ROBG.L	Difference
Max Drawdown Largest peak-to-trough decline	-42.74%	-50.44%	+7.70%
Max Drawdown (1Y) Largest decline over 1 year	-16.23%	-16.08%	-0.15%
Max Drawdown (3Y) Largest decline over 3 years	-28.70%	-29.08%	+0.38%
Max Drawdown (5Y) Largest decline over 5 years	-42.74%	-43.06%	+0.32%
Max Drawdown (10Y) Largest decline over 10 years	-42.74%	-43.06%	+0.32%
Current Drawdown Current decline from peak	-13.75%	-14.12%	+0.37%
Average Drawdown Average peak-to-trough decline	-13.17%	-20.01%	+6.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.01%	5.00%	+0.01%

Volatility

ROBO.L vs. ROBG.L - Volatility Comparison

The current volatility for L&G ROBO Global Robotics and Automation UCITS ETF USD (Acc) (ROBO.L) is 9.88%, while L&G ROBO Global Robotics and Automation UCITS ETF (ROBG.L) has a volatility of 10.52%. This indicates that ROBO.L experiences smaller price fluctuations and is considered to be less risky than ROBG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ROBO.L	ROBG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.88%	10.52%	-0.64%
Volatility (6M) Calculated over the trailing 6-month period	22.22%	21.03%	+1.19%
Volatility (1Y) Calculated over the trailing 1-year period	26.36%	25.37%	+0.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.21%	26.97%	-2.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.45%	23.88%	-1.43%

ROBO.L vs. ROBG.L - Expense Ratio Comparison

Both ROBO.L and ROBG.L have an expense ratio of 0.80%.

Dividends

ROBO.L vs. ROBG.L - Dividend Comparison

Neither ROBO.L nor ROBG.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

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

With a correlation of 0.93, ROBO.L and ROBG.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.

Which ETF is better, ROBO.L or ROBG.L?

Both ETFs have the same 0.80% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ROBO.L or ROBG.L?

ROBO.L and ROBG.L have the same expense ratio: 0.80% per year.

What is the main difference between ROBO.L and ROBG.L?

ROBO.L tracks ROBO Global Robotics and Automation UCITS Index, while ROBG.L tracks ROBO Global Robotics and Automation Index. They also come from different issuers: L&G and Legal & General.