ROBT vs. TDV

Last updated Jun 4, 2026

ROBT (First Trust Nasdaq Artificial Intelligence & Robotics ETF) and TDV (ProShares S&P Technology Dividend Aristocrats ETF) are both Technology Equities funds - ROBT tracks the Nasdaq CTA Artificial Intelligence and Robotics Index while TDV tracks the Zacks 2040 Lifecycle Index. Both are passively managed. Over the past 5 years, ROBT returned 2.38%/yr vs 13.94%/yr for TDV. Their correlation of 0.84 suggests significant overlap in exposure. ROBT charges 0.65%/yr vs 0.66%/yr for TDV.

Performance

ROBT vs. TDV - Performance Comparison

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

Returns By Period

In the year-to-date period, ROBT achieves a 14.22% return, which is significantly lower than TDV's 23.09% return.

ROBT

• 1D: -1.73%
• 1M: 13.18%
• YTD: 14.22%
• 6M: 12.64%
• 1Y: 30.71%
• 3Y*: 10.10%
• 5Y*: 2.38%
• 10Y*: —

TDV

• 1D: -0.42%
• 1M: 10.03%
• YTD: 23.09%
• 6M: 21.07%
• 1Y: 36.07%
• 3Y*: 20.49%
• 5Y*: 13.94%
• 10Y*: —

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

ROBT vs. TDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF	14.22%	15.16%	-0.41%	27.77%	-34.94%	9.91%	46.18%	4.99%
TDV ProShares S&P Technology Dividend Aristocrats ETF	23.09%	16.05%	9.72%	27.29%	-15.94%	28.29%	29.00%	3.67%

Correlation

The correlation between ROBT and TDV is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since Nov 8, 2019	0.84

The correlation between ROBT and TDV has been stable across timeframes, ranging from 0.78 to 0.84 - a consistent structural relationship.

ROBT vs. TDV - Sectors Allocation Comparison

Sectors	ROBT	TDV
Technology	57.0%	90.2%
Industrials	20.4%	5.1%
Healthcare	7.4%	-
Consumer Cyclical	6.6%	-
Communication Services	4.1%	-
Financial Services	1.6%	4.7%
Energy	1.5%	-
Consumer Defensive	1.4%	-
Basic Materials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

ROBT vs. TDV — Risk / Return Rank

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

ROBT

ROBT Risk / Return Rank: 32
ROBT Sharpe Ratio Rank: 36
ROBT Sortino Ratio Rank: 35
ROBT Omega Ratio Rank: 32
ROBT Calmar Ratio Rank: 29
ROBT Martin Ratio Rank: 28

TDV

TDV Risk / Return Rank: 65
TDV Sharpe Ratio Rank: 61
TDV Sortino Ratio Rank: 59
TDV Omega Ratio Rank: 58
TDV Calmar Ratio Rank: 75
TDV Martin Ratio Rank: 70

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. TDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) and ProShares S&P Technology Dividend Aristocrats ETF (TDV). 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.

	ROBT	TDV	Difference
Sharpe ratio: Return per unit of total volatility	1.32	2.10	-0.78
Sortino ratio: Return per unit of downside risk	1.88	2.84	-0.96
Omega ratio: Gain probability vs. loss probability	1.22	1.36	-0.14
Calmar ratio: Return relative to maximum drawdown	1.42	3.79	-2.37
Martin ratio: Return relative to average drawdown	4.09	13.11	-9.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ROBT vs. TDV - Sharpe Ratio Comparison

The current ROBT Sharpe Ratio is 1.32, which is lower than the TDV Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of ROBT and TDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ROBT	TDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.32	2.10	-0.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	0.69	-0.59
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.76	-0.41

Drawdowns

ROBT vs. TDV - Drawdown Comparison

The maximum ROBT drawdown since its inception was -44.47%, which is greater than TDV's maximum drawdown of -32.78%. Use the drawdown chart below to compare losses from any high point for ROBT and TDV.

Drawdown Indicators

	ROBT	TDV	Difference
Max Drawdown Largest peak-to-trough decline	-44.47%	-32.78%	-11.69%
Max Drawdown (1Y) Largest decline over 1 year	-21.66%	-9.55%	-12.11%
Max Drawdown (3Y) Largest decline over 3 years	-27.68%	-22.51%	-5.17%
Max Drawdown (5Y) Largest decline over 5 years	-43.26%	-25.11%	-18.15%
Current Drawdown Current decline from peak	-1.73%	-0.42%	-1.31%
Average Drawdown Average peak-to-trough decline	-15.97%	-5.36%	-10.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.53%	2.76%	+4.77%

Volatility

ROBT vs. TDV - Volatility Comparison

First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) has a higher volatility of 6.46% compared to ProShares S&P Technology Dividend Aristocrats ETF (TDV) at 5.07%. This indicates that ROBT's price experiences larger fluctuations and is considered to be riskier than TDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ROBT	TDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.46%	5.07%	+1.39%
Volatility (6M) Calculated over the trailing 6-month period	17.51%	12.72%	+4.79%
Volatility (1Y) Calculated over the trailing 1-year period	23.32%	17.29%	+6.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.18%	20.45%	+4.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.48%	23.20%	+2.28%

ROBT vs. TDV - Expense Ratio Comparison

ROBT has a 0.65% expense ratio, which is lower than TDV's 0.66% expense ratio.

Dividends

ROBT vs. TDV - Dividend Comparison

ROBT has not paid dividends to shareholders, while TDV's dividend yield for the trailing twelve months is around 0.93%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
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%
TDV ProShares S&P Technology Dividend Aristocrats ETF	0.93%	1.09%	1.16%	1.16%	1.67%	1.08%	1.10%	0.11%	0.00%

Frequently Asked Questions

Can I hold both ROBT and TDV in my portfolio?

ROBT and TDV have a correlation of 0.78, 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 TDV?

ROBT has higher volatility (6.46%) compared to TDV (5.07%). In terms of maximum drawdown, ROBT dropped -44.47% vs TDV's -32.78%.

Which ETF is better, ROBT or TDV?

On 5-year performance, TDV leads with 13.94% vs 2.38% for ROBT. On fees, ROBT is cheaper at 0.65% per year. On volatility, TDV has been the lower-risk option at 5.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ROBT or TDV?

Over the 5-year period, TDV has performed better with a 13.94% return vs 2.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ROBT or TDV?

ROBT is cheaper with a 0.65% expense ratio, compared with 0.66% for TDV.

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

TDV has the higher dividend yield at 0.93%, compared with 0.00% for ROBT.

What is the main difference between ROBT and TDV?

ROBT tracks Nasdaq CTA Artificial Intelligence and Robotics Index, while TDV tracks Zacks 2040 Lifecycle Index. They also come from different issuers: First Trust and ProShares. Their fees differ too: 0.65% for ROBT and 0.66% for TDV.

Which has better risk-adjusted returns?

TDV currently has the higher Sharpe Ratio (2.10 vs 1.32), 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.