ROBT vs. AMOM
Compare and contrast key facts about First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) and QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM).
ROBT and AMOM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. AMOM is an actively managed fund by Exchange Traded Concepts. It was launched on May 21, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ROBT or AMOM.
Key characteristics
| ROBT | AMOM | |
|---|---|---|
| YTD Return | 2.51% | 37.39% |
| 1Y Return | 14.41% | 43.99% |
| 3Y Return (Ann) | -6.33% | 6.88% |
| 5Y Return (Ann) | 7.36% | 18.06% |
| Sharpe Ratio | 0.91 | 2.20 |
| Sortino Ratio | 1.35 | 2.83 |
| Omega Ratio | 1.17 | 1.39 |
| Calmar Ratio | 0.55 | 2.65 |
| Martin Ratio | 2.92 | 10.54 |
| Ulcer Index | 6.59% | 4.46% |
| Daily Std Dev | 21.10% | 21.40% |
| Max Drawdown | -44.47% | -40.03% |
| Current Drawdown | -20.75% | -1.38% |
Correlation
The correlation between ROBT and AMOM is 0.75, 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
ROBT vs. AMOM - Performance Comparison
In the year-to-date period, ROBT achieves a 2.51% return, which is significantly lower than AMOM's 37.39% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ROBT vs. AMOM - Expense Ratio Comparison
ROBT has a 0.65% expense ratio, which is lower than AMOM's 0.75% expense ratio.
Risk-Adjusted Performance
ROBT vs. AMOM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) and QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM). 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
ROBT vs. AMOM - Dividend Comparison
ROBT's dividend yield for the trailing twelve months is around 0.24%, more than AMOM's 0.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF | 0.24% | 0.24% | 0.36% | 0.06% | 0.17% | 0.42% | 0.44% |
AMOM QRAFT AI-Enhanced U.S. Large Cap Momentum ETF | 0.15% | 0.47% | 0.72% | 0.14% | 24.32% | 5.51% | 0.00% |
Drawdowns
ROBT vs. AMOM - Drawdown Comparison
The maximum ROBT drawdown since its inception was -44.47%, which is greater than AMOM's maximum drawdown of -40.03%. Use the drawdown chart below to compare losses from any high point for ROBT and AMOM. For additional features, visit the drawdowns tool.
Volatility
ROBT vs. AMOM - Volatility Comparison
First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) and QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) have volatilities of 6.05% and 5.89%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.