ROBO vs. AI
Compare and contrast key facts about ROBO Global Robotics & Automation Index ETF (ROBO) and C3.ai, Inc. (AI).
ROBO is a passively managed fund by Exchange Traded Concepts that tracks the performance of the ROBO Global Robotics and Automation TR Index. It was launched on Oct 22, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ROBO or AI.
Key characteristics
| ROBO | AI | |
|---|---|---|
| YTD Return | -4.97% | -21.53% |
| 1Y Return | 1.85% | 20.93% |
| 3Y Return (Ann) | -5.53% | -30.27% |
| Sharpe Ratio | 0.12 | 0.31 |
| Daily Std Dev | 17.69% | 86.62% |
| Max Drawdown | -43.65% | -94.22% |
| Current Drawdown | -24.35% | -87.30% |
Correlation
The correlation between ROBO and AI is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ROBO vs. AI - Performance Comparison
In the year-to-date period, ROBO achieves a -4.97% return, which is significantly higher than AI's -21.53% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ROBO vs. AI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ROBO Global Robotics & Automation Index ETF (ROBO) and C3.ai, Inc. (AI). 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.
Dividends
ROBO vs. AI - Dividend Comparison
ROBO's dividend yield for the trailing twelve months is around 0.05%, while AI has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
ROBO ROBO Global Robotics & Automation Index ETF | 0.05% | 0.05% | 0.00% | 0.18% | 0.20% | 0.37% | 0.37% | 0.02% | 0.19% | 0.28% | 0.28% |
AI C3.ai, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ROBO vs. AI - Drawdown Comparison
The maximum ROBO drawdown since its inception was -43.65%, smaller than the maximum AI drawdown of -94.22%. Use the drawdown chart below to compare losses from any high point for ROBO and AI. For additional features, visit the drawdowns tool.
Volatility
ROBO vs. AI - Volatility Comparison
The current volatility for ROBO Global Robotics & Automation Index ETF (ROBO) is 5.14%, while C3.ai, Inc. (AI) has a volatility of 13.06%. This indicates that ROBO experiences smaller price fluctuations and is considered to be less risky than AI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.