ROBO vs. FTCHX

Last updated Aug 2, 2026

ROBO (ROBO Global Robotics & Automation Index ETF) and FTCHX (Invesco Technology Fund) are both funds - ROBO is a Robotics fund tracking the ROBO Global Robotics and Automation TR Index, while FTCHX is a Technology Equities fund managed by Invesco. Over the past 10 years, ROBO returned 11.96%/yr vs 17.88%/yr for FTCHX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. ROBO charges 0.95%/yr vs 0.91%/yr for FTCHX.

Performance

ROBO vs. FTCHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ROBO Global Robotics & Automation Index ETF (ROBO) and Invesco Technology Fund (FTCHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ROBO achieves a 14.34% return, which is significantly lower than FTCHX's 20.50% return. Over the past 10 years, ROBO has underperformed FTCHX with an annualized return of 11.96%, while FTCHX has yielded a comparatively higher 17.88% annualized return.

ROBO

• 1D: 0.85%
• 1M: -4.96%
• 6M: 9.49%
• YTD: 14.34%
• 1Y: 28.77%
• 3Y*: 11.42%
• 5Y*: 4.04%
• 10Y*: 11.96%
• ALL TIME*: 9.73%

FTCHX

• 1D: 7.36%
• 1M: -9.87%
• 6M: 13.74%
• YTD: 20.50%
• 1Y: 35.31%
• 3Y*: 27.75%
• 5Y*: 11.97%
• 10Y*: 17.88%
• ALL TIME*: 9.73%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FTCHX Invesco Technology Fund	$0.00	$0.00	$0.00
ROBO ROBO Global Robotics & Automation Index ETF	$10.10M	$12.55M	$20.11M

ROBO vs. FTCHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ROBO ROBO Global Robotics & Automation Index ETF	14.34%	23.71%	-1.28%	23.74%	-33.92%	15.34%	45.26%	29.51%	-20.92%	44.26%
FTCHX Invesco Technology Fund	20.50%	20.77%	34.49%	47.38%	-39.96%	13.00%	46.14%	35.62%	-0.88%	34.78%

Correlation

The correlation between ROBO and FTCHX is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.81
Correlation (3Y) Balances recent behavior with more history.	0.78
Correlation (5Y) Shows whether the relationship held over a longer period.	0.83
Correlation (10Y) Provides a long-term view across more market conditions.	0.80
Correlation (All Time) Calculated using the full available price history since Oct 22, 2013	0.79

The correlation between ROBO and FTCHX has been stable across timeframes, ranging from 0.78 to 0.83 - a consistent structural relationship.

Return for Risk

ROBO vs. FTCHX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ROBO

ROBO Risk / Return Rank: 42
ROBO Sharpe Ratio Rank: 42
ROBO Sortino Ratio Rank: 42
ROBO Omega Ratio Rank: 40
ROBO Calmar Ratio Rank: 45
ROBO Martin Ratio Rank: 43

FTCHX

FTCHX Risk / Return Rank: 31
FTCHX Sharpe Ratio Rank: 29
FTCHX Sortino Ratio Rank: 29
FTCHX Omega Ratio Rank: 29
FTCHX Calmar Ratio Rank: 31
FTCHX Martin Ratio Rank: 39

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ROBO vs. FTCHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ROBO Global Robotics & Automation Index ETF (ROBO) and Invesco Technology Fund (FTCHX). 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	FTCHX	Difference
Sharpe ratio: Return per unit of total volatility	1.05	0.93	+0.12
Sortino ratio: Return per unit of downside risk	1.54	1.39	+0.15
Omega ratio: Gain probability vs. loss probability	1.19	1.18	+0.02
Calmar ratio: Return relative to maximum drawdown	1.60	1.36	+0.25
Martin ratio: Return relative to average drawdown	4.75	5.61	-0.86

ROBO vs. FTCHX - Sharpe Ratio Comparison

The current ROBO Sharpe Ratio is 1.05, which is comparable to the FTCHX Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of ROBO and FTCHX, 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 vs. FTCHX - Drawdown Comparison

The maximum ROBO drawdown since its inception was -43.65%, smaller than the maximum FTCHX drawdown of -87.78%. Use the drawdown chart below to compare losses from any high point for ROBO and FTCHX.

Drawdown Indicators

	ROBO	FTCHX	Difference
Max Drawdown Largest peak-to-trough decline	-43.65%	-87.78%	+44.13%
Max Drawdown (1Y) Largest decline over 1 year	-17.35%	-24.02%	+6.67%
Max Drawdown (3Y) Largest decline over 3 years	-27.92%	-30.38%	+2.46%
Max Drawdown (5Y) Largest decline over 5 years	-43.65%	-47.89%	+4.24%
Max Drawdown (10Y) Largest decline over 10 years	-43.65%	-47.89%	+4.24%
Current Drawdown Current decline from peak	-12.28%	-18.43%	+6.15%
Average Drawdown Average peak-to-trough decline	-12.88%	-36.30%	+23.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.85%	5.78%	+0.07%

Volatility

ROBO vs. FTCHX - Volatility Comparison

The current volatility for ROBO Global Robotics & Automation Index ETF (ROBO) is 9.79%, while Invesco Technology Fund (FTCHX) has a volatility of 15.25%. This indicates that ROBO experiences smaller price fluctuations and is considered to be less risky than FTCHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ROBO	FTCHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.79%	15.25%	-5.46%
Volatility (6M) Calculated over the trailing 6-month period	22.47%	29.83%	-7.36%
Volatility (1Y) Calculated over the trailing 1-year period	26.46%	34.86%	-8.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.41%	30.32%	-5.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.47%	27.20%	-3.73%

ROBO vs. FTCHX - Expense Ratio Comparison

ROBO has a 0.95% expense ratio, which is higher than FTCHX's 0.91% expense ratio.

Dividends

ROBO vs. FTCHX - Dividend Comparison

ROBO's dividend yield for the trailing twelve months is around 0.37%, less than FTCHX's 22.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTCHX Invesco Technology Fund	22.04%	26.56%	13.59%	0.80%	1.60%	27.66%	7.06%	9.58%	9.01%	4.14%	6.98%	6.88%
ROBO ROBO Global Robotics & Automation Index ETF	0.37%	0.42%	0.55%	0.05%	0.00%	0.18%	0.20%	0.37%	0.37%	0.02%	0.19%	0.28%

Frequently Asked Questions

Can I hold both ROBO and FTCHX in my portfolio?

ROBO and FTCHX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ROBO or FTCHX?

FTCHX has higher volatility (15.25%) compared to ROBO (9.79%). In terms of maximum drawdown, ROBO dropped -43.65% vs FTCHX's -87.78%.

Which has better risk-adjusted returns?

ROBO currently has the higher Sharpe Ratio (1.05 vs 0.93), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.