ROBT vs. TDIV

Last updated Jun 25, 2026

ROBT (First Trust Nasdaq Artificial Intelligence & Robotics ETF) and TDIV (First Trust NASDAQ Technology Dividend Index Fund) are both Technology Equities funds from First Trust - ROBT tracks the Nasdaq CTA Artificial Intelligence and Robotics Index while TDIV tracks the NASDAQ Technology Dividend Index. Both are passively managed. Over the past 5 years, ROBT returned -0.15%/yr vs 17.05%/yr for TDIV. Their correlation of 0.82 suggests significant overlap in exposure. ROBT charges 0.65%/yr vs 0.50%/yr for TDIV.

Performance

ROBT vs. TDIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) and First Trust NASDAQ Technology Dividend Index Fund (TDIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ROBT achieves a 3.41% return, which is significantly lower than TDIV's 18.03% return.

ROBT

• 1D: -0.10%
• 1M: -4.00%
• YTD: 3.41%
• 6M: 1.42%
• 1Y: 14.23%
• 3Y*: 6.91%
• 5Y*: -0.15%
• 10Y*: —

TDIV

• 1D: -0.84%
• 1M: -1.73%
• YTD: 18.03%
• 6M: 16.64%
• 1Y: 29.74%
• 3Y*: 28.23%
• 5Y*: 17.05%
• 10Y*: 18.46%

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

ROBT vs. TDIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF	3.41%	15.16%	-0.41%	27.77%	-34.94%	9.91%	46.18%	34.28%	-14.66%
TDIV First Trust NASDAQ Technology Dividend Index Fund	18.03%	25.27%	24.43%	36.71%	-22.13%	29.49%	17.55%	33.27%	-5.70%

Correlation

The correlation between ROBT and TDIV is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since Feb 22, 2018	0.82

The correlation between ROBT and TDIV has been stable across timeframes, ranging from 0.81 to 0.83 - a consistent structural relationship.

ROBT vs. TDIV - Sectors Allocation Comparison

Sectors	ROBT	TDIV
Technology	58.6%	87.1%
Industrials	20.1%	1.3%
Healthcare	6.9%	-
Consumer Cyclical	6.4%	-
Communication Services	3.8%	11.6%
Financial Services	1.5%	-
Energy	1.3%	-
Consumer Defensive	1.3%	-
Basic Materials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

ROBT vs. TDIV — Risk / Return Rank

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

ROBT

ROBT Risk / Return Rank: 18
ROBT Sharpe Ratio Rank: 19
ROBT Sortino Ratio Rank: 18
ROBT Omega Ratio Rank: 18
ROBT Calmar Ratio Rank: 17
ROBT Martin Ratio Rank: 18

TDIV

TDIV Risk / Return Rank: 49
TDIV Sharpe Ratio Rank: 48
TDIV Sortino Ratio Rank: 45
TDIV Omega Ratio Rank: 45
TDIV Calmar Ratio Rank: 59
TDIV Martin Ratio Rank: 48

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. TDIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) and First Trust NASDAQ Technology Dividend Index Fund (TDIV). 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	TDIV	Difference
Sharpe ratio: Return per unit of total volatility	0.58	1.50	-0.92
Sortino ratio: Return per unit of downside risk	0.94	2.05	-1.11
Omega ratio: Gain probability vs. loss probability	1.11	1.27	-0.15
Calmar ratio: Return relative to maximum drawdown	0.66	2.63	-1.97
Martin ratio: Return relative to average drawdown	1.83	7.37	-5.54

ROBT vs. TDIV - Sharpe Ratio Comparison

The current ROBT Sharpe Ratio is 0.58, which is lower than the TDIV Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of ROBT and TDIV, 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. TDIV - Drawdown Comparison

The maximum ROBT drawdown since its inception was -44.47%, which is greater than TDIV's maximum drawdown of -31.97%. Use the drawdown chart below to compare losses from any high point for ROBT and TDIV.

Drawdown Indicators

	ROBT	TDIV	Difference
Max Drawdown Largest peak-to-trough decline	-44.47%	-31.97%	-12.50%
Max Drawdown (1Y) Largest decline over 1 year	-21.66%	-11.35%	-10.31%
Max Drawdown (3Y) Largest decline over 3 years	-27.68%	-23.00%	-4.68%
Max Drawdown (5Y) Largest decline over 5 years	-43.26%	-31.97%	-11.29%
Max Drawdown (10Y) Largest decline over 10 years	—	-31.97%	—
Current Drawdown Current decline from peak	-11.03%	-11.23%	+0.20%
Average Drawdown Average peak-to-trough decline	-15.91%	-4.85%	-11.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.78%	4.04%	+3.74%

Volatility

ROBT vs. TDIV - Volatility Comparison

First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) and First Trust NASDAQ Technology Dividend Index Fund (TDIV) have volatilities of 10.64% and 10.24%, 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.

Volatility by Period

	ROBT	TDIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.64%	10.24%	+0.40%
Volatility (6M) Calculated over the trailing 6-month period	19.27%	15.69%	+3.58%
Volatility (1Y) Calculated over the trailing 1-year period	24.76%	20.01%	+4.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.48%	20.97%	+4.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.59%	20.96%	+4.63%

ROBT vs. TDIV - Expense Ratio Comparison

ROBT has a 0.65% expense ratio, which is higher than TDIV's 0.50% expense ratio.

Dividends

ROBT vs. TDIV - Dividend Comparison

ROBT has not paid dividends to shareholders, while TDIV's dividend yield for the trailing twelve months is around 1.23%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF	0.00%	0.00%	0.68%	0.23%	0.35%	0.06%	0.17%	0.42%	0.44%	0.00%	0.00%	0.00%
TDIV First Trust NASDAQ Technology Dividend Index Fund	1.23%	1.40%	1.59%	1.74%	2.51%	1.76%	2.07%	2.27%	2.97%	2.27%	2.45%	2.52%

Frequently Asked Questions

Can I hold both ROBT and TDIV in my portfolio?

ROBT and TDIV have a correlation of 0.81, 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 TDIV?

ROBT has higher volatility (10.64%) compared to TDIV (10.24%). In terms of maximum drawdown, ROBT dropped -44.47% vs TDIV's -31.97%.

Which ETF is better, ROBT or TDIV?

On 5-year performance, TDIV leads with 17.05% vs -0.15% for ROBT. On fees, TDIV is cheaper at 0.50% per year. On volatility, TDIV has been the lower-risk option at 10.24%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ROBT or TDIV?

Over the 5-year period, TDIV has performed better with a 17.05% return vs -0.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ROBT or TDIV?

TDIV is cheaper with a 0.50% expense ratio, compared with 0.65% for ROBT.

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

TDIV has the higher dividend yield at 1.23%, compared with 0.00% for ROBT.

What is the main difference between ROBT and TDIV?

ROBT tracks Nasdaq CTA Artificial Intelligence and Robotics Index, while TDIV tracks NASDAQ Technology Dividend Index. Their fees differ too: 0.65% for ROBT and 0.50% for TDIV.

Which has better risk-adjusted returns?

TDIV currently has the higher Sharpe Ratio (1.50 vs 0.58), 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.