THNQ vs. ROBO
Compare and contrast key facts about ROBO Global Artificial Intelligence ETF (THNQ) and ROBO Global Robotics & Automation Index ETF (ROBO).
THNQ and ROBO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. THNQ is a passively managed fund by Exchange Traded Concepts that tracks the performance of the ROBO Global Artificial Intelligence Index. It was launched on May 11, 2020. ROBO is a passively managed fund by Exchange Traded Concepts that tracks the performance of the ROBO Global Robotics and Automation TR Index. It was launched on Oct 22, 2013. Both THNQ and ROBO 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: THNQ or ROBO.
Performance
THNQ vs. ROBO - Performance Comparison
Returns By Period
In the year-to-date period, THNQ achieves a 14.78% return, which is significantly higher than ROBO's -3.14% return.
THNQ
14.78%
0.67%
7.00%
28.84%
N/A
N/A
ROBO
-3.14%
-1.19%
-2.73%
10.09%
6.40%
7.98%
Key characteristics
| THNQ | ROBO | |
|---|---|---|
| Sharpe Ratio | 1.33 | 0.50 |
| Sortino Ratio | 1.81 | 0.80 |
| Omega Ratio | 1.23 | 1.10 |
| Calmar Ratio | 1.18 | 0.31 |
| Martin Ratio | 6.35 | 1.67 |
| Ulcer Index | 4.43% | 5.62% |
| Daily Std Dev | 21.13% | 18.61% |
| Max Drawdown | -50.56% | -43.65% |
| Current Drawdown | -3.99% | -22.89% |
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THNQ vs. ROBO - Expense Ratio Comparison
THNQ has a 0.68% expense ratio, which is lower than ROBO's 0.95% expense ratio.
Correlation
The correlation between THNQ and ROBO is 0.85, 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.
Risk-Adjusted Performance
THNQ vs. ROBO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ROBO Global Artificial Intelligence ETF (THNQ) and ROBO Global Robotics & Automation Index ETF (ROBO). 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
THNQ vs. ROBO - Dividend Comparison
THNQ has not paid dividends to shareholders, while ROBO's dividend yield for the trailing twelve months is around 0.05%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
THNQ ROBO Global Artificial Intelligence ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ROBO ROBO Global Robotics & Automation Index ETF | 0.05% | 0.05% | 0.00% | 0.18% | 0.20% | 0.37% | 0.37% | 0.02% | 0.19% | 0.28% | 0.28% |
Drawdowns
THNQ vs. ROBO - Drawdown Comparison
The maximum THNQ drawdown since its inception was -50.56%, which is greater than ROBO's maximum drawdown of -43.65%. Use the drawdown chart below to compare losses from any high point for THNQ and ROBO. For additional features, visit the drawdowns tool.
Volatility
THNQ vs. ROBO - Volatility Comparison
ROBO Global Artificial Intelligence ETF (THNQ) has a higher volatility of 6.25% compared to ROBO Global Robotics & Automation Index ETF (ROBO) at 5.28%. This indicates that THNQ's price experiences larger fluctuations and is considered to be riskier than ROBO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.