TDIV vs. ROBT

Last updated Jun 4, 2026

TDIV (First Trust NASDAQ Technology Dividend Index Fund) and ROBT (First Trust Nasdaq Artificial Intelligence & Robotics ETF) are both Technology Equities funds from First Trust - TDIV tracks the NASDAQ Technology Dividend Index while ROBT tracks the Nasdaq CTA Artificial Intelligence and Robotics Index. Both are passively managed. Over the past 5 years, TDIV returned 19.29%/yr vs 2.38%/yr for ROBT. Their correlation of 0.82 suggests significant overlap in exposure. TDIV charges 0.50%/yr vs 0.65%/yr for ROBT.

Performance

TDIV vs. ROBT - Performance Comparison

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

Returns By Period

In the year-to-date period, TDIV achieves a 30.57% return, which is significantly higher than ROBT's 14.22% return.

TDIV

• 1D: -1.79%
• 1M: 15.82%
• YTD: 30.57%
• 6M: 28.79%
• 1Y: 53.63%
• 3Y*: 33.27%
• 5Y*: 19.29%
• 10Y*: 19.34%

ROBT

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

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

TDIV vs. ROBT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
TDIV First Trust NASDAQ Technology Dividend Index Fund	30.57%	25.27%	24.43%	36.71%	-22.13%	29.49%	17.55%	33.27%	-5.25%
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF	14.22%	15.16%	-0.41%	27.77%	-34.94%	9.91%	46.18%	34.28%	-13.98%

Correlation

The correlation between TDIV and ROBT is 0.80, 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	0.80
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 23, 2018	0.82

The correlation between TDIV and ROBT has been stable across timeframes, ranging from 0.80 to 0.83 - a consistent structural relationship.

TDIV vs. ROBT - Sectors Allocation Comparison

Sectors	TDIV	ROBT
Technology	85.0%	57.0%
Communication Services	13.4%	4.1%
Industrials	1.6%	20.4%
Basic Materials	-	-
Consumer Cyclical	-	6.6%
Consumer Defensive	-	1.4%
Energy	-	1.5%
Financial Services	-	1.6%
Healthcare	-	7.4%
Real Estate	-	-
Utilities	-	-

Return for Risk

TDIV vs. ROBT — Risk / Return Rank

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

TDIV

TDIV Risk / Return Rank: 83
TDIV Sharpe Ratio Rank: 86
TDIV Sortino Ratio Rank: 84
TDIV Omega Ratio Rank: 80
TDIV Calmar Ratio Rank: 87
TDIV Martin Ratio Rank: 79

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

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.

TDIV vs. ROBT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ Technology Dividend Index Fund (TDIV) and First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT). 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.

	TDIV	ROBT	Difference
Sharpe ratio: Return per unit of total volatility	2.93	1.32	+1.60
Sortino ratio: Return per unit of downside risk	3.85	1.88	+1.97
Omega ratio: Gain probability vs. loss probability	1.49	1.22	+0.27
Calmar ratio: Return relative to maximum drawdown	5.02	1.42	+3.59
Martin ratio: Return relative to average drawdown	15.64	4.09	+11.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TDIV vs. ROBT - Sharpe Ratio Comparison

The current TDIV Sharpe Ratio is 2.93, which is higher than the ROBT Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of TDIV and ROBT, 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

	TDIV	ROBT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.93	1.32	+1.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.94	0.09	+0.84
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.93	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.35	+0.53

Drawdowns

TDIV vs. ROBT - Drawdown Comparison

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

Drawdown Indicators

	TDIV	ROBT	Difference
Max Drawdown Largest peak-to-trough decline	-31.97%	-44.47%	+12.50%
Max Drawdown (1Y) Largest decline over 1 year	-10.74%	-21.66%	+10.92%
Max Drawdown (3Y) Largest decline over 3 years	-23.00%	-27.68%	+4.68%
Max Drawdown (5Y) Largest decline over 5 years	-31.97%	-43.26%	+11.29%
Max Drawdown (10Y) Largest decline over 10 years	-31.97%	—	—
Current Drawdown Current decline from peak	-1.79%	-1.73%	-0.06%
Average Drawdown Average peak-to-trough decline	-4.84%	-15.97%	+11.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.44%	7.53%	-4.09%

Volatility

TDIV vs. ROBT - Volatility Comparison

First Trust NASDAQ Technology Dividend Index Fund (TDIV) has a higher volatility of 6.86% compared to First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) at 6.46%. This indicates that TDIV's price experiences larger fluctuations and is considered to be riskier than ROBT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TDIV	ROBT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.86%	6.46%	+0.40%
Volatility (6M) Calculated over the trailing 6-month period	13.91%	17.51%	-3.60%
Volatility (1Y) Calculated over the trailing 1-year period	18.47%	23.32%	-4.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.67%	25.18%	-4.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.85%	25.48%	-4.63%

TDIV vs. ROBT - Expense Ratio Comparison

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

Dividends

TDIV vs. ROBT - Dividend Comparison

TDIV's dividend yield for the trailing twelve months is around 1.12%, while ROBT has not paid dividends to shareholders.

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	1.12%	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 TDIV and ROBT in my portfolio?

TDIV and ROBT have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TDIV or ROBT?

TDIV has higher volatility (6.86%) compared to ROBT (6.46%). In terms of maximum drawdown, TDIV dropped -31.97% vs ROBT's -44.47%.

Which ETF is better, TDIV or ROBT?

On 5-year performance, TDIV leads with 19.29% vs 2.38% for ROBT. On fees, TDIV is cheaper at 0.50% per year. On volatility, ROBT has been the lower-risk option at 6.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TDIV or ROBT?

Over the 5-year period, TDIV has performed better with a 19.29% return vs 2.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TDIV or ROBT?

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

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

TDIV has the higher dividend yield at 1.12%, compared with 0.00% for ROBT.

What is the main difference between TDIV and ROBT?

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

Which has better risk-adjusted returns?

TDIV currently has the higher Sharpe Ratio (2.93 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.