ROBO vs. ROBT
Compare and contrast key facts about ROBO Global Robotics & Automation Index ETF (ROBO) and First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT).
ROBO and ROBT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. ROBT is a passively managed fund by First Trust that tracks the performance of the Nasdaq CTA Artificial Intelligence and Robotics Index. It was launched on Feb 21, 2018. Both ROBO and ROBT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ROBO or ROBT.
Key characteristics
| ROBO | ROBT | |
|---|---|---|
| YTD Return | -5.11% | -8.10% |
| 1Y Return | 2.62% | 4.36% |
| 3Y Return (Ann) | -5.57% | -7.19% |
| 5Y Return (Ann) | 5.58% | 4.63% |
| Sharpe Ratio | 0.10 | 0.15 |
| Daily Std Dev | 17.69% | 19.68% |
| Max Drawdown | -43.65% | -44.47% |
| Current Drawdown | -24.46% | -28.95% |
Correlation
The correlation between ROBO and ROBT is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ROBO vs. ROBT - Performance Comparison
In the year-to-date period, ROBO achieves a -5.11% return, which is significantly higher than ROBT's -8.10% 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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ROBO vs. ROBT - Expense Ratio Comparison
ROBO has a 0.95% expense ratio, which is higher than ROBT's 0.65% expense ratio.
Risk-Adjusted Performance
ROBO vs. ROBT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ROBO Global Robotics & Automation Index ETF (ROBO) and First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT). 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. ROBT - Dividend Comparison
ROBO's dividend yield for the trailing twelve months is around 0.05%, less than ROBT's 0.23% yield.
| 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% |
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF | 0.23% | 0.23% | 0.35% | 0.06% | 0.17% | 0.42% | 0.44% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ROBO vs. ROBT - Drawdown Comparison
The maximum ROBO drawdown since its inception was -43.65%, roughly equal to the maximum ROBT drawdown of -44.47%. Use the drawdown chart below to compare losses from any high point for ROBO and ROBT. For additional features, visit the drawdowns tool.
Volatility
ROBO vs. ROBT - Volatility Comparison
The current volatility for ROBO Global Robotics & Automation Index ETF (ROBO) is 5.00%, while First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) has a volatility of 5.71%. This indicates that ROBO experiences smaller price fluctuations and is considered to be less risky than ROBT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.