XPND vs. ROBT

Last updated Jun 4, 2026

XPND (First Trust Expanded Technology ETF) and ROBT (First Trust Nasdaq Artificial Intelligence & Robotics ETF) are both Technology Equities funds from First Trust. XPND is actively managed, while ROBT is passively managed. Over the past 3 years, XPND returned 28.18%/yr vs 10.10%/yr for ROBT. Their correlation of 0.84 suggests significant overlap in exposure. Both charge a 0.65% expense ratio.

Performance

XPND vs. ROBT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Expanded Technology ETF (XPND) 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, XPND achieves a 16.32% return, which is significantly higher than ROBT's 14.22% return.

XPND

• 1D: -0.83%
• 1M: 12.34%
• YTD: 16.32%
• 6M: 15.44%
• 1Y: 32.11%
• 3Y*: 28.18%
• 5Y*: —
• 10Y*: —

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)

XPND vs. ROBT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XPND First Trust Expanded Technology ETF	16.32%	18.82%	29.61%	46.13%	-29.66%	15.05%
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF	14.22%	15.16%	-0.41%	27.77%	-34.94%	1.87%

Correlation

The correlation between XPND and ROBT is 0.79, 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	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (All Time) Calculated using the full available price history since Jun 16, 2021	0.84

The correlation between XPND and ROBT has been stable across timeframes, ranging from 0.79 to 0.84 - a consistent structural relationship.

XPND vs. ROBT - Sectors Allocation Comparison

Sectors	XPND	ROBT
Technology	76.5%	57.0%
Communication Services	15.7%	4.1%
Financial Services	5.9%	1.6%
Basic Materials	-	-
Consumer Cyclical	-	6.6%
Consumer Defensive	-	1.4%
Energy	-	1.5%
Healthcare	-	7.4%
Industrials	-	20.4%
Real Estate	-	-
Utilities	-	-

Return for Risk

XPND vs. ROBT — Risk / Return Rank

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

XPND

XPND Risk / Return Rank: 45
XPND Sharpe Ratio Rank: 53
XPND Sortino Ratio Rank: 50
XPND Omega Ratio Rank: 50
XPND Calmar Ratio Rank: 38
XPND Martin Ratio Rank: 36

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.

XPND vs. ROBT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Expanded Technology ETF (XPND) 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.

	XPND	ROBT	Difference
Sharpe ratio: Return per unit of total volatility	1.81	1.32	+0.48
Sortino ratio: Return per unit of downside risk	2.42	1.88	+0.54
Omega ratio: Gain probability vs. loss probability	1.31	1.22	+0.09
Calmar ratio: Return relative to maximum drawdown	1.86	1.42	+0.43
Martin ratio: Return relative to average drawdown	5.46	4.09	+1.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XPND vs. ROBT - Sharpe Ratio Comparison

The current XPND Sharpe Ratio is 1.81, which is higher than the ROBT Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of XPND 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

	XPND	ROBT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.81	1.32	+0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.09	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.35	+0.34

Drawdowns

XPND vs. ROBT - Drawdown Comparison

The maximum XPND drawdown since its inception was -38.00%, smaller than the maximum ROBT drawdown of -44.47%. Use the drawdown chart below to compare losses from any high point for XPND and ROBT.

Drawdown Indicators

	XPND	ROBT	Difference
Max Drawdown Largest peak-to-trough decline	-38.00%	-44.47%	+6.47%
Max Drawdown (1Y) Largest decline over 1 year	-17.38%	-21.66%	+4.28%
Max Drawdown (3Y) Largest decline over 3 years	-23.37%	-27.68%	+4.31%
Max Drawdown (5Y) Largest decline over 5 years	—	-43.26%	—
Current Drawdown Current decline from peak	-0.83%	-1.73%	+0.90%
Average Drawdown Average peak-to-trough decline	-10.07%	-15.97%	+5.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.90%	7.53%	-1.63%

Volatility

XPND vs. ROBT - Volatility Comparison

The current volatility for First Trust Expanded Technology ETF (XPND) is 4.57%, while First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) has a volatility of 6.46%. This indicates that XPND 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.

Volatility by Period

	XPND	ROBT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.57%	6.46%	-1.89%
Volatility (6M) Calculated over the trailing 6-month period	14.02%	17.51%	-3.49%
Volatility (1Y) Calculated over the trailing 1-year period	17.86%	23.32%	-5.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.88%	25.18%	-1.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.88%	25.48%	-1.60%

XPND vs. ROBT - Expense Ratio Comparison

Both XPND and ROBT have an expense ratio of 0.65%.

Dividends

XPND vs. ROBT - Dividend Comparison

XPND's dividend yield for the trailing twelve months is around 0.09%, while ROBT has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
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%
XPND First Trust Expanded Technology ETF	0.09%	0.08%	0.12%	0.18%	0.34%	0.02%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XPND and ROBT in my portfolio?

XPND and ROBT have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XPND or ROBT?

ROBT has higher volatility (6.46%) compared to XPND (4.57%). In terms of maximum drawdown, XPND dropped -38.00% vs ROBT's -44.47%.

Which ETF is better, XPND or ROBT?

On 3-year performance, XPND leads with 28.18% vs 10.10% for ROBT. Both ETFs have the same 0.65% expense ratio. On volatility, XPND has been the lower-risk option at 4.57%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XPND or ROBT?

Over the 3-year period, XPND has performed better with a 28.18% return vs 10.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XPND or ROBT?

XPND and ROBT have the same expense ratio: 0.65% per year.

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

XPND has the higher dividend yield at 0.09%, compared with 0.00% for ROBT.

Which has better risk-adjusted returns?

XPND currently has the higher Sharpe Ratio (1.81 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.