TT vs. ROBO

Last updated Jun 9, 2026

TT (Trane Technologies plc) is a stock, while ROBO (ROBO Global Robotics & Automation Index ETF) is Robotics fund tracking the ROBO Global Robotics and Automation TR Index. Over the past 10 years, TT returned 23.62%/yr vs 13.02%/yr for ROBO. A 0.58 correlation means they provide meaningful diversification when combined.

Performance

TT vs. ROBO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Trane Technologies plc (TT) and ROBO Global Robotics & Automation Index ETF (ROBO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TT achieves a 18.47% return, which is significantly lower than ROBO's 21.67% return. Over the past 10 years, TT has outperformed ROBO with an annualized return of 23.62%, while ROBO has yielded a comparatively lower 13.02% annualized return.

TT

• 1D: 0.46%
• 1M: -1.33%
• YTD: 18.47%
• 6M: 16.06%
• 1Y: 7.99%
• 3Y*: 39.02%
• 5Y*: 21.82%
• 10Y*: 23.62%

ROBO

• 1D: 1.14%
• 1M: -2.60%
• YTD: 21.67%
• 6M: 19.42%
• 1Y: 48.39%
• 3Y*: 14.36%
• 5Y*: 5.97%
• 10Y*: 13.02%

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

TT vs. ROBO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TT Trane Technologies plc	18.47%	6.38%	52.97%	47.39%	-15.34%	41.02%	11.26%	48.32%	4.41%	21.27%
ROBO ROBO Global Robotics & Automation Index ETF	21.67%	23.71%	-1.28%	23.74%	-33.92%	15.34%	45.26%	29.51%	-20.92%	44.26%

Correlation

The correlation between TT and ROBO is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.57
Correlation (10Y) Calculated over the trailing 10-year period	0.56
Correlation (All Time) Calculated using the full available price history since Oct 23, 2013	0.58

The correlation between TT and ROBO shifts across timeframes, from 0.45 (1 year) to 0.58 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TT vs. ROBO — Risk / Return Rank

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

TT

TT Risk / Return Rank: 49
TT Sharpe Ratio Rank: 53
TT Sortino Ratio Rank: 46
TT Omega Ratio Rank: 45
TT Calmar Ratio Rank: 52
TT Martin Ratio Rank: 51

ROBO

ROBO Risk / Return Rank: 65
ROBO Sharpe Ratio Rank: 69
ROBO Sortino Ratio Rank: 65
ROBO Omega Ratio Rank: 64
ROBO Calmar Ratio Rank: 62
ROBO Martin Ratio Rank: 66

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.

TT vs. ROBO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Trane Technologies plc (TT) 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.

	TT	ROBO	Difference
Sharpe ratio: Return per unit of total volatility	0.30	2.04	-1.74
Sortino ratio: Return per unit of downside risk	0.59	2.70	-2.11
Omega ratio: Gain probability vs. loss probability	1.08	1.35	-0.27
Calmar ratio: Return relative to maximum drawdown	0.40	2.80	-2.40
Martin ratio: Return relative to average drawdown	0.79	11.09	-10.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TT vs. ROBO - Sharpe Ratio Comparison

The current TT Sharpe Ratio is 0.30, which is lower than the ROBO Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of TT and ROBO, 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

	TT	ROBO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.30	2.04	-1.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.25	+0.55
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.84	0.56	+0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.47	0.00

Drawdowns

TT vs. ROBO - Drawdown Comparison

The maximum TT drawdown since its inception was -77.91%, which is greater than ROBO's maximum drawdown of -43.65%. Use the drawdown chart below to compare losses from any high point for TT and ROBO.

Drawdown Indicators

	TT	ROBO	Difference
Max Drawdown Largest peak-to-trough decline	-77.91%	-43.65%	-34.26%
Max Drawdown (1Y) Largest decline over 1 year	-19.97%	-17.35%	-2.62%
Max Drawdown (3Y) Largest decline over 3 years	-24.44%	-27.92%	+3.48%
Max Drawdown (5Y) Largest decline over 5 years	-40.53%	-43.65%	+3.12%
Max Drawdown (10Y) Largest decline over 10 years	-51.13%	-43.65%	-7.48%
Current Drawdown Current decline from peak	-6.61%	-6.65%	+0.04%
Average Drawdown Average peak-to-trough decline	-14.84%	-12.93%	-1.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.09%	4.38%	+5.71%

Volatility

TT vs. ROBO - Volatility Comparison

The current volatility for Trane Technologies plc (TT) is 7.45%, while ROBO Global Robotics & Automation Index ETF (ROBO) has a volatility of 9.66%. This indicates that TT experiences smaller price fluctuations and is considered to be less risky than ROBO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TT	ROBO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.45%	9.66%	-2.21%
Volatility (6M) Calculated over the trailing 6-month period	21.06%	19.04%	+2.02%
Volatility (1Y) Calculated over the trailing 1-year period	26.97%	23.89%	+3.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.28%	23.79%	+3.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.30%	23.24%	+5.06%

Dividends

TT vs. ROBO - Dividend Comparison

TT's dividend yield for the trailing twelve months is around 0.87%, more than ROBO's 0.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ROBO ROBO Global Robotics & Automation Index ETF	0.35%	0.42%	0.55%	0.05%	0.00%	0.18%	0.20%	0.37%	0.37%	0.02%	0.19%	0.28%
TT Trane Technologies plc	0.87%	0.97%	0.91%	1.23%	1.59%	1.17%	1.46%	1.59%	2.15%	1.91%	1.81%	2.10%

Frequently Asked Questions

Can I hold both TT and ROBO in my portfolio?

TT and ROBO have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TT or ROBO?

ROBO has higher volatility (9.66%) compared to TT (7.45%). In terms of maximum drawdown, TT dropped -77.91% vs ROBO's -43.65%.

Which has better risk-adjusted returns?

ROBO currently has the higher Sharpe Ratio (2.04 vs 0.30), 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.