ROBO vs. HYLD

Last updated Jun 24, 2026

ROBO (ROBO Global Robotics & Automation Index ETF) and HYLD (High Yield ETF) are both exchange-traded funds - ROBO is a Robotics fund tracking the ROBO Global Robotics and Automation TR Index, while HYLD is a High Yield Bonds fund actively managed by Exchange Traded Concepts. ROBO is passively managed, while HYLD is actively managed. At a 0.30 correlation, their price movements are largely independent. ROBO charges 0.95%/yr vs 1.29%/yr for HYLD.

Performance

ROBO vs. HYLD - Performance Comparison

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

Returns By Period

ROBO

• 1D: -4.44%
• 1M: -5.15%
• YTD: 19.46%
• 6M: 18.99%
• 1Y: 46.62%
• 3Y*: 13.90%
• 5Y*: 5.19%
• 10Y*: 13.13%

HYLD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ROBO vs. HYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ROBO ROBO Global Robotics & Automation Index ETF	19.46%	23.71%	-1.28%	23.74%	-33.92%	15.34%	45.26%	29.51%	-20.92%	44.26%
HYLD High Yield ETF	0.00%	0.00%	0.00%	2.80%	-11.48%	5.41%	3.11%	7.16%	0.25%	8.97%

Correlation

The correlation between ROBO and HYLD is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (10Y) Calculated over the trailing 10-year period	0.27
Correlation (All Time) Calculated using the full available price history since Oct 22, 2013	0.30

The correlation between ROBO and HYLD shifts across timeframes, from 0.10 (3 years) to 0.30 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ROBO vs. HYLD — Risk / Return Rank

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

ROBO

ROBO Risk / Return Rank: 56
ROBO Sharpe Ratio Rank: 58
ROBO Sortino Ratio Rank: 53
ROBO Omega Ratio Rank: 53
ROBO Calmar Ratio Rank: 57
ROBO Martin Ratio Rank: 59

HYLD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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 vs. HYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ROBO Global Robotics & Automation Index ETF (ROBO) and High Yield ETF (HYLD). 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	HYLD	Difference
Sharpe ratio: Return per unit of total volatility	1.87	—	—
Sortino ratio: Return per unit of downside risk	2.47	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	2.70	—	—
Martin ratio: Return relative to average drawdown	10.10	—	—

Drawdowns

Drawdown Indicators

	ROBO	HYLD	Difference
Max Drawdown Largest peak-to-trough decline	-43.65%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-17.35%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-27.92%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.65%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-43.65%	—	—
Current Drawdown Current decline from peak	-8.35%	—	—
Average Drawdown Average peak-to-trough decline	-12.90%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.63%	—	—

Volatility

Volatility by Period

	ROBO	HYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.64%	—	—
Volatility (6M) Calculated over the trailing 6-month period	20.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	25.07%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.06%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.31%	—	—

ROBO vs. HYLD - Expense Ratio Comparison

ROBO has a 0.95% expense ratio, which is lower than HYLD's 1.29% expense ratio.

Dividends

ROBO vs. HYLD - Dividend Comparison

ROBO's dividend yield for the trailing twelve months is around 0.35%, while HYLD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HYLD High Yield ETF	0.00%	0.00%	0.00%	4.67%	7.86%	6.45%	7.52%	7.46%	7.97%	7.18%	6.59%	10.87%
ROBO ROBO Global Robotics & Automation Index ETF	0.35%	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 HYLD in my portfolio?

ROBO and HYLD have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ROBO or HYLD?

On fees, ROBO is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ROBO or HYLD?

ROBO is cheaper with a 0.95% expense ratio, compared with 1.29% for HYLD.

Which ETF pays a higher dividend yield, ROBO or HYLD?

ROBO has the higher dividend yield at 0.35%, compared with 0.00% for HYLD.

What is the main difference between ROBO and HYLD?

ROBO is categorized as Robotics, while HYLD is High Yield Bonds. Their fees differ too: 0.95% for ROBO and 1.29% for HYLD.