ROBT vs. XT
Compare and contrast key facts about First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) and iShares Exponential Technologies ETF (XT).
ROBT and XT 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. XT is a passively managed fund by iShares that tracks the performance of the Morningstar Exponential Technologies Index. It was launched on Mar 19, 2015. Both ROBT and XT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ROBT or XT.
Key characteristics
| ROBT | XT | |
|---|---|---|
| YTD Return | 3.86% | 2.88% |
| 1Y Return | 22.20% | 20.59% |
| 3Y Return (Ann) | -6.17% | -2.29% |
| 5Y Return (Ann) | 7.77% | 9.40% |
| Sharpe Ratio | 0.97 | 1.08 |
| Sortino Ratio | 1.43 | 1.56 |
| Omega Ratio | 1.17 | 1.19 |
| Calmar Ratio | 0.59 | 0.84 |
| Martin Ratio | 3.12 | 4.61 |
| Ulcer Index | 6.59% | 4.15% |
| Daily Std Dev | 21.11% | 17.73% |
| Max Drawdown | -44.47% | -34.41% |
| Current Drawdown | -19.71% | -7.00% |
Correlation
The correlation between ROBT and XT is 0.93, 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. XT - Performance Comparison
In the year-to-date period, ROBT achieves a 3.86% return, which is significantly higher than XT's 2.88% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ROBT vs. XT - Expense Ratio Comparison
ROBT has a 0.65% expense ratio, which is higher than XT's 0.47% expense ratio.
Risk-Adjusted Performance
ROBT vs. XT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) and iShares Exponential Technologies ETF (XT). 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. XT - Dividend Comparison
ROBT's dividend yield for the trailing twelve months is around 0.24%, less than XT's 0.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF | 0.24% | 0.24% | 0.36% | 0.06% | 0.17% | 0.42% | 0.44% | 0.00% | 0.00% | 0.00% |
XT iShares Exponential Technologies ETF | 0.43% | 0.41% | 0.78% | 0.84% | 0.77% | 1.55% | 1.45% | 0.97% | 1.37% | 1.34% |
Drawdowns
ROBT vs. XT - Drawdown Comparison
The maximum ROBT drawdown since its inception was -44.47%, which is greater than XT's maximum drawdown of -34.41%. Use the drawdown chart below to compare losses from any high point for ROBT and XT. For additional features, visit the drawdowns tool.
Volatility
ROBT vs. XT - Volatility Comparison
First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) has a higher volatility of 6.20% compared to iShares Exponential Technologies ETF (XT) at 4.53%. This indicates that ROBT's price experiences larger fluctuations and is considered to be riskier than XT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.