ROBO.L vs. SMGB.L
ROBO.L (L&G ROBO Global Robotics and Automation UCITS ETF) and SMGB.L (VanEck Semiconductor 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 SMGB.L is a Semiconductors fund tracking the MarketVector US Listed Semiconductor 10% Capped Screened Index. Both are passively managed. Over the past 5 years, ROBO.L returned 4.93%/yr vs 35.78%/yr for SMGB.L. A 0.76 correlation means they provide meaningful diversification when combined. ROBO.L charges 0.80%/yr vs 0.35%/yr for SMGB.L.
Performance
ROBO.L vs. SMGB.L - Performance Comparison
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Different Trading Currencies
ROBO.L is traded in USD, while SMGB.L is traded in GBP. To make them comparable, the SMGB.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 lower than SMGB.L's 77.21% return.
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%
SMGB.L
- 1D
- -3.09%
- 1M
- -8.61%
- 6M
- 63.59%
- YTD
- 77.21%
- 1Y
- 124.86%
- 3Y*
- 54.50%
- 5Y*
- 35.78%
- 10Y*
- —
ROBO.L vs. SMGB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ROBO.L L&G ROBO Global Robotics and Automation UCITS ETF | 15.43% | 23.22% | -1.60% | 25.20% | -33.80% | 15.65% | 3.95% |
SMGB.L VanEck Semiconductor UCITS ETF | 77.21% | 49.26% | 24.21% | 74.92% | -35.50% | 43.10% | 2.03% |
Correlation
The correlation between ROBO.L and SMGB.L is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2020 | 0.76 |
The correlation between ROBO.L and SMGB.L has been stable across timeframes, ranging from 0.70 to 0.76 - a consistent structural relationship.
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Return for Risk
ROBO.L vs. SMGB.L — Risk / Return Rank
ROBO.L
SMGB.L
ROBO.L vs. SMGB.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 VanEck Semiconductor UCITS ETF (SMGB.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 | SMGB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.09 | ||
| Sortino ratioReturn per unit of downside risk | -1.86 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.47 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 2.06 | 8.76 | -6.69 |
| Martin ratioReturn relative to average drawdown | 6.79 | 27.77 | -20.99 |
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Drawdowns
ROBO.L vs. SMGB.L - Drawdown Comparison
The maximum ROBO.L drawdown since its inception was -42.74%, smaller than the maximum SMGB.L drawdown of -45.92%. Use the drawdown chart below to compare losses from any high point for ROBO.L and SMGB.L.
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Drawdown Indicators
| ROBO.L | SMGB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.74% | -45.92% | +3.18% |
Max Drawdown (1Y)Largest decline over 1 year | -16.23% | -14.18% | -2.05% |
Max Drawdown (3Y)Largest decline over 3 years | -28.70% | -36.85% | +8.15% |
Max Drawdown (5Y)Largest decline over 5 years | -42.74% | -45.92% | +3.18% |
Max Drawdown (10Y)Largest decline over 10 years | -42.74% | — | — |
Current DrawdownCurrent decline from peak | -11.09% | -11.66% | +0.57% |
Average DrawdownAverage peak-to-trough decline | -13.17% | -11.21% | -1.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.94% | 4.48% | +0.46% |
Volatility
ROBO.L vs. SMGB.L - Volatility Comparison
The current volatility for L&G ROBO Global Robotics and Automation UCITS ETF (ROBO.L) is 9.56%, while VanEck Semiconductor UCITS ETF (SMGB.L) has a volatility of 16.49%. This indicates that ROBO.L experiences smaller price fluctuations and is considered to be less risky than SMGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ROBO.L | SMGB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.56% | 16.49% | -6.93% |
Volatility (6M)Calculated over the trailing 6-month period | 22.02% | 30.67% | -8.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.19% | 36.87% | -10.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.18% | 33.17% | -8.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.43% | 32.57% | -10.14% |
ROBO.L vs. SMGB.L - Expense Ratio Comparison
ROBO.L has a 0.80% expense ratio, which is higher than SMGB.L's 0.35% expense ratio.
Dividends
ROBO.L vs. SMGB.L - Dividend Comparison
Neither ROBO.L nor SMGB.L has paid dividends to shareholders.
Frequently Asked Questions
ROBO.L and SMGB.L have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SMGB.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SMGB.L is cheaper with a 0.35% expense ratio, compared with 0.80% for ROBO.L.
ROBO.L is categorized as Technology Equities, while SMGB.L is Semiconductors. ROBO.L tracks L&G ROBO Global Robotics and Automation UCITS ETF, while SMGB.L tracks MarketVector US Listed Semiconductor 10% Capped Screened Index. They also come from different issuers: L&G and VanEck. Their fees differ too: 0.80% for ROBO.L and 0.35% for SMGB.L.
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