ROBT vs. ^GSPC
Compare and contrast key facts about First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) and S&P 500 (^GSPC).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ROBT or ^GSPC.
Key characteristics
| ROBT | ^GSPC | |
|---|---|---|
| YTD Return | 2.51% | 25.48% |
| 1Y Return | 14.41% | 33.14% |
| 3Y Return (Ann) | -6.33% | 8.55% |
| 5Y Return (Ann) | 7.36% | 13.96% |
| Sharpe Ratio | 0.91 | 2.91 |
| Sortino Ratio | 1.35 | 3.88 |
| Omega Ratio | 1.17 | 1.55 |
| Calmar Ratio | 0.55 | 4.20 |
| Martin Ratio | 2.92 | 18.80 |
| Ulcer Index | 6.59% | 1.90% |
| Daily Std Dev | 21.10% | 12.27% |
| Max Drawdown | -44.47% | -56.78% |
| Current Drawdown | -20.75% | -0.27% |
Correlation
The correlation between ROBT and ^GSPC is 0.84, 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. ^GSPC - Performance Comparison
In the year-to-date period, ROBT achieves a 2.51% return, which is significantly lower than ^GSPC's 25.48% 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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Risk-Adjusted Performance
ROBT vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) and S&P 500 (^GSPC). 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.
Drawdowns
ROBT vs. ^GSPC - Drawdown Comparison
The maximum ROBT drawdown since its inception was -44.47%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ROBT and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
ROBT vs. ^GSPC - Volatility Comparison
First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) has a higher volatility of 6.05% compared to S&P 500 (^GSPC) at 3.75%. This indicates that ROBT's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.