THNQ vs. ROBT
Compare and contrast key facts about ROBO Global Artificial Intelligence ETF (THNQ) and First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT).
THNQ and ROBT 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. 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. Both THNQ and ROBT 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 ROBT.
Performance
THNQ vs. ROBT - Performance Comparison
Returns By Period
In the year-to-date period, THNQ achieves a 14.78% return, which is significantly higher than ROBT's -1.40% return.
THNQ
14.78%
0.67%
7.00%
28.84%
N/A
N/A
ROBT
-1.40%
2.05%
2.65%
10.72%
6.52%
N/A
Key characteristics
| THNQ | ROBT | |
|---|---|---|
| Sharpe Ratio | 1.33 | 0.44 |
| Sortino Ratio | 1.81 | 0.74 |
| Omega Ratio | 1.23 | 1.09 |
| Calmar Ratio | 1.18 | 0.27 |
| Martin Ratio | 6.35 | 1.40 |
| Ulcer Index | 4.43% | 6.60% |
| Daily Std Dev | 21.13% | 20.87% |
| Max Drawdown | -50.56% | -44.47% |
| Current Drawdown | -3.99% | -23.77% |
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THNQ vs. ROBT - Expense Ratio Comparison
THNQ has a 0.68% expense ratio, which is higher than ROBT's 0.65% expense ratio.
Correlation
The correlation between THNQ and ROBT is 0.90, 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. ROBT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ROBO Global Artificial Intelligence ETF (THNQ) 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.
Dividends
THNQ vs. ROBT - Dividend Comparison
THNQ has not paid dividends to shareholders, while ROBT's dividend yield for the trailing twelve months is around 0.25%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
THNQ ROBO Global Artificial Intelligence ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF | 0.25% | 0.24% | 0.36% | 0.06% | 0.17% | 0.42% | 0.44% |
Drawdowns
THNQ vs. ROBT - Drawdown Comparison
The maximum THNQ drawdown since its inception was -50.56%, which is greater than ROBT's maximum drawdown of -44.47%. Use the drawdown chart below to compare losses from any high point for THNQ and ROBT. For additional features, visit the drawdowns tool.
Volatility
THNQ vs. ROBT - Volatility Comparison
The current volatility for ROBO Global Artificial Intelligence ETF (THNQ) is 6.25%, while First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) has a volatility of 6.82%. This indicates that THNQ experiences smaller price fluctuations and is considered to be less risky than ROBT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.