ROBT vs. MSTZ

Last updated Jul 15, 2026

ROBT (First Trust Nasdaq Artificial Intelligence & Robotics ETF) and MSTZ (T-REX 2X Inverse MSTR Daily Target ETF) are both exchange-traded funds - ROBT is a Technology Equities fund tracking the Nasdaq CTA Artificial Intelligence and Robotics Index, while MSTZ is a Inverse Equities fund actively managed by REX. ROBT is passively managed, while MSTZ is actively managed. Over the past year, ROBT returned 15.05% vs 266.72% for MSTZ. At a correlation of -0.50, they often move in opposite directions. ROBT charges 0.65%/yr vs 1.05%/yr for MSTZ.

Performance

ROBT vs. MSTZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) and T-REX 2X Inverse MSTR Daily Target ETF (MSTZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ROBT achieves a 7.10% return, which is significantly higher than MSTZ's -31.90% return.

ROBT

• 1D: 0.04%
• 1M: 0.74%
• 6M: 0.99%
• YTD: 7.10%
• 1Y: 15.05%
• 3Y*: 6.34%
• 5Y*: 1.40%
• 10Y*: —

MSTZ

• 1D: -11.25%
• 1M: 29.92%
• 6M: -7.52%
• YTD: -31.90%
• 1Y: 266.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ROBT vs. MSTZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF	7.10%	15.16%	7.90%
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	-31.90%	-38.95%	-94.43%

Correlation

The correlation between ROBT and MSTZ is -0.53, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.53
Correlation (All Time) Calculated using the full available price history since Sep 18, 2024	-0.50

The correlation between ROBT and MSTZ has been stable across timeframes, ranging from -0.53 to -0.50 - a consistent structural relationship.

Return for Risk

ROBT vs. MSTZ — Risk / Return Rank

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

ROBT

ROBT Risk / Return Rank: 20
ROBT Sharpe Ratio Rank: 21
ROBT Sortino Ratio Rank: 21
ROBT Omega Ratio Rank: 20
ROBT Calmar Ratio Rank: 20
ROBT Martin Ratio Rank: 20

MSTZ

MSTZ Risk / Return Rank: 65
MSTZ Sharpe Ratio Rank: 71
MSTZ Sortino Ratio Rank: 65
MSTZ Omega Ratio Rank: 66
MSTZ Calmar Ratio Rank: 77
MSTZ Martin Ratio Rank: 46

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.

ROBT vs. MSTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) and T-REX 2X Inverse MSTR Daily Target ETF (MSTZ). 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	MSTZ	Difference
Sharpe ratio: Return per unit of total volatility	0.61	1.81	-1.20
Sortino ratio: Return per unit of downside risk	0.98	2.41	-1.43
Omega ratio: Gain probability vs. loss probability	1.12	1.31	-0.20
Calmar ratio: Return relative to maximum drawdown	0.70	3.16	-2.47
Martin ratio: Return relative to average drawdown	1.89	6.14	-4.25

ROBT vs. MSTZ - Sharpe Ratio Comparison

The current ROBT Sharpe Ratio is 0.61, which is lower than the MSTZ Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of ROBT and MSTZ, 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

ROBT vs. MSTZ - Drawdown Comparison

The maximum ROBT drawdown since its inception was -44.47%, smaller than the maximum MSTZ drawdown of -99.38%. Use the drawdown chart below to compare losses from any high point for ROBT and MSTZ.

Drawdown Indicators

	ROBT	MSTZ	Difference
Max Drawdown Largest peak-to-trough decline	-44.47%	-99.38%	+54.91%
Max Drawdown (1Y) Largest decline over 1 year	-21.66%	-84.89%	+63.23%
Max Drawdown (3Y) Largest decline over 3 years	-27.68%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.26%	—	—
Current Drawdown Current decline from peak	-7.85%	-97.68%	+89.83%
Average Drawdown Average peak-to-trough decline	-15.86%	-94.54%	+78.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.97%	43.66%	-35.69%

Volatility

ROBT vs. MSTZ - Volatility Comparison

The current volatility for First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) is 6.80%, while T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) has a volatility of 57.19%. This indicates that ROBT experiences smaller price fluctuations and is considered to be less risky than MSTZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ROBT	MSTZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.80%	57.19%	-50.39%
Volatility (6M) Calculated over the trailing 6-month period	19.41%	135.18%	-115.77%
Volatility (1Y) Calculated over the trailing 1-year period	24.89%	148.74%	-123.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.54%	171.04%	-145.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.56%	171.04%	-145.48%

ROBT vs. MSTZ - Expense Ratio Comparison

ROBT has a 0.65% expense ratio, which is lower than MSTZ's 1.05% expense ratio.

Dividends

ROBT vs. MSTZ - Dividend Comparison

ROBT's dividend yield for the trailing twelve months is around 0.02%, while MSTZ has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF	0.02%	0.00%	0.68%	0.23%	0.35%	0.06%	0.17%	0.42%	0.44%

Frequently Asked Questions

Can I hold both ROBT and MSTZ in my portfolio?

ROBT and MSTZ have a correlation of -0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ROBT or MSTZ?

MSTZ has higher volatility (57.19%) compared to ROBT (6.80%). In terms of maximum drawdown, ROBT dropped -44.47% vs MSTZ's -99.38%.

Which ETF is better, ROBT or MSTZ?

On 1-year performance, MSTZ leads with 266.72% vs 15.05% for ROBT. On fees, ROBT is cheaper at 0.65% per year. On volatility, ROBT has been the lower-risk option at 6.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ROBT or MSTZ?

Over the 1-year period, MSTZ has performed better with a 266.72% return vs 15.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ROBT or MSTZ?

ROBT is cheaper with a 0.65% expense ratio, compared with 1.05% for MSTZ.

Which ETF pays a higher dividend yield, ROBT or MSTZ?

ROBT has the higher dividend yield at 0.02%, compared with 0.00% for MSTZ.

What is the main difference between ROBT and MSTZ?

ROBT is categorized as Technology Equities, while MSTZ is Inverse Equities. They also come from different issuers: First Trust and REX. Their fees differ too: 0.65% for ROBT and 1.05% for MSTZ.

Which has better risk-adjusted returns?

MSTZ currently has the higher Sharpe Ratio (1.81 vs 0.61), 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.