XT vs. ROBT
Compare and contrast key facts about iShares Exponential Technologies ETF (XT) and First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT).
XT and ROBT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XT is a passively managed fund by iShares that tracks the performance of the Morningstar Exponential Technologies Index. It was launched on Mar 19, 2015. 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 XT 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: XT or ROBT.
Key characteristics
| XT | ROBT | |
|---|---|---|
| YTD Return | 0.13% | -2.70% |
| 1Y Return | 22.57% | 19.74% |
| 3Y Return (Ann) | -2.19% | -7.15% |
| 5Y Return (Ann) | 8.99% | 6.70% |
| Sharpe Ratio | 1.34 | 1.00 |
| Sortino Ratio | 1.91 | 1.46 |
| Omega Ratio | 1.23 | 1.18 |
| Calmar Ratio | 0.92 | 0.56 |
| Martin Ratio | 5.80 | 3.19 |
| Ulcer Index | 4.13% | 6.55% |
| Daily Std Dev | 17.81% | 20.97% |
| Max Drawdown | -34.41% | -44.47% |
| Current Drawdown | -9.48% | -24.78% |
Correlation
The correlation between XT and ROBT is 0.93, 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.
Performance
XT vs. ROBT - Performance Comparison
In the year-to-date period, XT achieves a 0.13% return, which is significantly higher than ROBT's -2.70% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XT vs. ROBT - Expense Ratio Comparison
XT has a 0.47% expense ratio, which is lower than ROBT's 0.65% expense ratio.
Risk-Adjusted Performance
XT vs. ROBT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Exponential Technologies ETF (XT) 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
XT vs. ROBT - Dividend Comparison
XT's dividend yield for the trailing twelve months is around 0.44%, more than ROBT's 0.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
XT iShares Exponential Technologies ETF | 0.44% | 0.41% | 0.78% | 0.84% | 0.77% | 1.55% | 1.44% | 0.97% | 1.37% | 1.34% |
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF | 0.26% | 0.23% | 0.35% | 0.06% | 0.17% | 0.42% | 0.44% | 0.00% | 0.00% | 0.00% |
Drawdowns
XT vs. ROBT - Drawdown Comparison
The maximum XT drawdown since its inception was -34.41%, smaller than the maximum ROBT drawdown of -44.47%. Use the drawdown chart below to compare losses from any high point for XT and ROBT. For additional features, visit the drawdowns tool.
Volatility
XT vs. ROBT - Volatility Comparison
The current volatility for iShares Exponential Technologies ETF (XT) is 3.53%, while First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) has a volatility of 4.79%. This indicates that XT 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.