ROBT vs. UGA
ROBT (First Trust Nasdaq Artificial Intelligence & Robotics ETF) and UGA (United States Gasoline Fund LP) are both exchange-traded funds - ROBT is a Technology Equities fund tracking the Nasdaq CTA Artificial Intelligence and Robotics Index, while UGA is a Oil & Gas fund tracking the Front Month Unleaded Gasoline. Both are passively managed. Over the past 5 years, ROBT returned -0.08%/yr vs 22.69%/yr for UGA. At a 0.16 correlation, their price movements are largely independent. ROBT charges 0.65%/yr vs 0.75%/yr for UGA.
Performance
ROBT vs. UGA - Performance Comparison
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Returns By Period
In the year-to-date period, ROBT achieves a 3.51% return, which is significantly lower than UGA's 64.09% return.
ROBT
- 1D
- -2.40%
- 1M
- -3.90%
- YTD
- 3.51%
- 6M
- 1.75%
- 1Y
- 17.15%
- 3Y*
- 6.95%
- 5Y*
- -0.08%
- 10Y*
- —
UGA
- 1D
- -1.12%
- 1M
- -12.11%
- YTD
- 64.09%
- 6M
- 60.42%
- 1Y
- 59.74%
- 3Y*
- 18.95%
- 5Y*
- 22.69%
- 10Y*
- 14.31%
ROBT vs. UGA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF | 3.51% | 15.16% | -0.41% | 27.77% | -34.94% | 9.91% | 46.18% | 34.28% | -14.66% |
UGA United States Gasoline Fund LP | 64.09% | -2.00% | 3.77% | 1.27% | 46.34% | 68.49% | -24.88% | 41.25% | -26.12% |
Correlation
The correlation between ROBT and UGA is -0.19, 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 | -0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 2018 | 0.16 |
The correlation between ROBT and UGA shifts across timeframes, from -0.19 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ROBT vs. UGA — Risk / Return Rank
ROBT
UGA
ROBT vs. UGA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) and United States Gasoline Fund LP (UGA). 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 | UGA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.03 | ||
| Sortino ratioReturn per unit of downside risk | -1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.30 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | 3.17 | -2.37 |
| Martin ratioReturn relative to average drawdown | 2.22 | 9.39 | -7.17 |
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Drawdowns
ROBT vs. UGA - Drawdown Comparison
The maximum ROBT drawdown since its inception was -44.47%, smaller than the maximum UGA drawdown of -86.59%. Use the drawdown chart below to compare losses from any high point for ROBT and UGA.
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Drawdown Indicators
| ROBT | UGA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.47% | -86.59% | +42.12% |
Max Drawdown (1Y)Largest decline over 1 year | -21.66% | -18.96% | -2.70% |
Max Drawdown (3Y)Largest decline over 3 years | -27.68% | -26.68% | -1.00% |
Max Drawdown (5Y)Largest decline over 5 years | -43.26% | -38.11% | -5.15% |
Max Drawdown (10Y)Largest decline over 10 years | — | -75.89% | — |
Current DrawdownCurrent decline from peak | -10.93% | -18.05% | +7.12% |
Average DrawdownAverage peak-to-trough decline | -15.91% | -36.69% | +20.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.75% | 6.43% | +1.32% |
Volatility
ROBT vs. UGA - Volatility Comparison
First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) has a higher volatility of 10.81% compared to United States Gasoline Fund LP (UGA) at 9.24%. This indicates that ROBT's price experiences larger fluctuations and is considered to be riskier than UGA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ROBT | UGA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.81% | 9.24% | +1.57% |
Volatility (6M)Calculated over the trailing 6-month period | 19.33% | 30.57% | -11.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.76% | 35.22% | -10.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.49% | 34.45% | -8.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.59% | 37.22% | -11.63% |
ROBT vs. UGA - Expense Ratio Comparison
ROBT has a 0.65% expense ratio, which is lower than UGA's 0.75% expense ratio.
Dividends
ROBT vs. UGA - Dividend Comparison
Neither ROBT nor UGA has paid dividends to shareholders.
| 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% |
UGA United States Gasoline Fund LP | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ROBT and UGA have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ROBT has higher volatility (10.81%) compared to UGA (9.24%). In terms of maximum drawdown, ROBT dropped -44.47% vs UGA's -86.59%.
On 5-year performance, UGA leads with 22.69% vs -0.08% for ROBT. On fees, ROBT is cheaper at 0.65% per year. On volatility, UGA has been the lower-risk option at 9.24%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, UGA has performed better with a 22.69% return vs -0.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ROBT is cheaper with a 0.65% expense ratio, compared with 0.75% for UGA.
ROBT and UGA have nearly identical dividend yields, around 0.00%.
ROBT is categorized as Technology Equities, while UGA is Oil & Gas. ROBT tracks Nasdaq CTA Artificial Intelligence and Robotics Index, while UGA tracks Front Month Unleaded Gasoline. They also come from different issuers: First Trust and Concierge Technologies. Their fees differ too: 0.65% for ROBT and 0.75% for UGA.
UGA currently has the higher Sharpe Ratio (1.73 vs 0.70), 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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