ROBT vs. ^GSPC
ROBT (First Trust Nasdaq Artificial Intelligence & Robotics ETF) is Artificial Intelligence fund tracking the Nasdaq CTA Artificial Intelligence and Robotics Index, while ^GSPC (S&P 500 Index) is an index. Over the past 5 years, ROBT returned 1.05%/yr vs 11.54%/yr for ^GSPC. Their correlation of 0.84 means they have usually moved in the same direction.
Performance
ROBT vs. ^GSPC - Performance Comparison
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Returns By Period
In the year-to-date period, ROBT achieves a 8.60% return, which is significantly lower than ^GSPC's 11.03% return.
ROBT
- 1D
- 2.35%
- 1M
- 0.11%
- 6M
- 8.47%
- YTD
- 8.60%
- 1Y
- 14.90%
- 3Y*
- 8.48%
- 5Y*
- 1.05%
- 10Y*
- —
- ALL TIME*
- 7.94%
^GSPC
- 1D
- 1.48%
- 1M
- 1.57%
- 6M
- 8.95%
- YTD
- 11.03%
- 1Y
- 21.84%
- 3Y*
- 19.28%
- 5Y*
- 11.54%
- 10Y*
- 13.29%
- ALL TIME*
- 8.11%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
^GSPC S&P 500 Index | $38.00T | $37.50T | $41.55T |
| $2.76M | $2.30M | $2.96M |
ROBT vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF | 8.60% | 15.16% | -0.41% | 27.77% | -34.94% | 9.91% | 46.18% | 34.28% | -14.66% |
^GSPC S&P 500 Index | 11.03% | 16.39% | 23.31% | 24.23% | -19.44% | 26.89% | 16.26% | 28.88% | -7.20% |
Correlation
The correlation between ROBT and ^GSPC is 0.83, 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. | 0.83 |
Correlation (3Y) Balances recent behavior with more history. | 0.84 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.85 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 2018 | 0.84 |
The correlation between ROBT and ^GSPC has been stable across timeframes, ranging from 0.83 to 0.85 - a consistent structural relationship.
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Return for Risk
ROBT vs. ^GSPC — Risk / Return Rank
ROBT
^GSPC
ROBT vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) and S&P 500 Index (^GSPC). 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.
| ROBT | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.31 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.69 | 2.41 | -1.72 |
| Martin ratioReturn relative to average drawdown | 1.80 | 10.22 | -8.42 |
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Drawdowns
ROBT vs. ^GSPC - Drawdown Comparison
The maximum ROBT drawdown since its inception was -44.47%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ROBT and ^GSPC.
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Drawdown Indicators
| ROBT | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.47% | -56.78% | +12.31% |
Max Drawdown (1Y)Largest decline over 1 year | -21.66% | -9.10% | -12.56% |
Max Drawdown (3Y)Largest decline over 3 years | -27.68% | -18.90% | -8.78% |
Max Drawdown (5Y)Largest decline over 5 years | -43.26% | -25.43% | -17.83% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -6.56% | -0.12% | -6.44% |
Average DrawdownAverage peak-to-trough decline | -15.82% | -10.70% | -5.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.30% | 2.14% | +6.16% |
Volatility
ROBT vs. ^GSPC - Volatility Comparison
First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) has a higher volatility of 6.27% compared to S&P 500 Index (^GSPC) at 3.80%. This indicates that ROBT's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ROBT | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.27% | 3.80% | +2.47% |
Volatility (6M)Calculated over the trailing 6-month period | 19.36% | 10.20% | +9.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.00% | 12.86% | +12.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.59% | 17.02% | +8.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.53% | 18.08% | +7.45% |
Frequently Asked Questions
ROBT and ^GSPC have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ROBT has higher volatility (6.27%) compared to ^GSPC (3.80%). In terms of maximum drawdown, ROBT dropped -44.47% vs ^GSPC's -56.78%.
^GSPC currently has the higher Sharpe Ratio (1.71 vs 0.60), 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.
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