VS

Correlation: 91.5%

What is ROBT?

ROBT was created on 2018-02-21 by First Trust. The fund's investment portfolio concentrates primarily on theme equity. ROBT tracks a modified equal-weighted index of all-cap", global companies involved in artificial intelligence or robotics.

What is QQQE?

QQQE was created on 2012-03-21 by Direxion. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 1252.98m in AUM and 102 holdings. QQQE tracks an equal-weighted version of the NASDAQ 100.

Key Details

ROBT
QQQE
Website
www.ftportfolios.com
www.direxioninvestments.com
Inception Date

Feb 21, 2018

Mar 21, 2012

Asset Class

Equity

Equity

Investment Segment

Theme

Large Cap

AUM
$374.65M
$1.12B
Dividend Yield
0.84%
0.80%
Expense Ratio
0.65%
0.35%
Return 1Y
-18.38%
-10.45%

Holdings

Traded Fund VI First Trust Nasdaq Artificial Intelligence and Robotics ETF - ROBT is made up of 106 holdings. Direxion NASDAQ 100 Equal Weighted Index Shares - QQQE is made up of 101 holdings.

Name
Weight
O
OCDGF

NT Ocado Group PLC

2.31%

N
NICENICE Ltd. (Israel)

2.1%

Q
QNTQF

NT QinetiQ Group PLC

1.96%

C
CDNSCadence Design Systems, Inc.

1.93%

P
PLTRPalantir Technologies, Inc.

1.92%

I
IBMInternational Business Machines Corp.

1.88%

D
DASTF

NT Dassault Systemes SE

1.83%

S
SMAWF

NT Siemens AG

1.83%

G
GNTXGentex Corp.

1.79%

S
SNPSSynopsys, Inc.

1.78%

M
MBLYMobileye Global, Inc.

1.76%

F
FANUF

NT Fanuc Corp

1.74%

O
OIIOceaneering International, Inc.

1.73%

H
HXGBF

NT Hexagon AB Class B

1.7%

P
PEGAPegasystems, Inc.

1.69%

S
SSentinelOne, Inc.

1.69%

P
PANWPalo Alto Networks, Inc.

1.69%

W
WDAYWorkday, Inc.

1.69%

A
AIC3.ai, Inc.

1.68%

I
ISRGIntuitive Surgical, Inc.

1.68%

I
ILMNIllumina, Inc.

1.68%

A
APPNAppian Corp.

1.67%

C
CRMSalesforce, Inc.

1.67%

-

1.66%

-

1.66%

C
CCCSCCC Intelligent Solutions Holdings, Inc.

1.64%

P
PATHUiPath, Inc.

1.62%

N
NOWServiceNow, Inc.

1.62%

T
TEMTempus AI, Inc.

1.6%

S
SYMSymbotic, Inc.

1.56%

Name
Weight
R
ROSTRoss Stores, Inc.

1.19%

O
ORLYO'Reilly Automotive, Inc.

1.17%

E
EXCExelon Corp.

1.17%

M
MDLZMondelez International, Inc.

1.16%

C
CPRTCopart, Inc.

1.15%

P
PEPPepsiCo, Inc.

1.14%

C
COSTCostco Wholesale Corp.

1.14%

K
KDPKeurig Dr Pepper, Inc.

1.14%

K
KHCThe Kraft Heinz Co.

1.14%

P
PAYXPaychex, Inc.

1.13%

G
GILDGilead Sciences, Inc.

1.13%

V
VRSKVerisk Analytics, Inc.

1.13%

M
MNSTMonster Beverage Corp.

1.13%

F
FASTFastenal Co.

1.12%

C
CTASCintas Corp.

1.12%

A
AEPAmerican Electric Power Co., Inc.

1.12%

C
CCEPCoca-Cola Europacific Partners plc

1.12%

X
XELXcel Energy, Inc.

1.11%

T
TMUST-Mobile US, Inc.

1.1%

A
ADPAutomatic Data Processing, Inc.

1.09%

M
MSTRMicroStrategy, Inc.

1.09%

T
TSLATesla, Inc.

1.09%

L
LINLinde Plc

1.08%

R
ROPRoper Technologies, Inc.

1.07%

V
VRTXVertex Pharmaceuticals, Inc.

1.07%

E
EAElectronic Arts, Inc.

1.06%

P
PCARPACCAR, Inc.

1.06%

I
IDXXIDEXX Laboratories, Inc.

1.06%

A
AMGNAmgen, Inc.

1.05%

C
CHTRCharter Communications, Inc.

1.05%

Strategies that include

Create your own
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ROBT
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Stock Correlation

The stocks that are correlated to ROBT - Traded Fund VI First Trust Nasdaq Artificial Intelligence and Robotics ETF are AEIS, ITT, BN, RMBS, MKSI

Name
Correlation
Market Cap
Return % (1 Year)
Div Yield %
A
AEISAdvanced Energy Industries, Inc.
76.53%$2.98B-19.32%0.53%
I
ITTITT, Inc.
76.15%$9.18B-14.96%1.21%
B
BNBrookfield Corp.
74.91%$69.30B+14.68%0.75%
R
RMBSRambus, Inc.
74.54%$4.63B-28.20%0.00%
M
MKSIMKS Instruments, Inc.
74.25%$4.07B-53.10%1.53%
E
ENTGEntegris, Inc.
73.50%$9.89B-52.91%0.63%
P
PLABPhotronics, Inc.
73.39%$1.11B-37.93%0.00%
B
BNTBrookfield Wealth Solutions Ltd.
72.88%$9.31B+14.75%0.00%
K
KLICKulicke & Soffa Industries, Inc.
72.52%$1.55B-39.56%2.93%
F
FLSFlowserve Corp.
72.35%$5.28B-16.31%2.10%
K
KNKnowles Corp.
72.29%$1.12B-19.85%0.00%
S
SNPSSynopsys, Inc.
71.78%$60.01B-32.55%0.00%
F
FTVFortive Corp.
71.77%$21.82B-23.90%0.51%
Q
QCOMQUALCOMM, Inc.
70.97%$140.97B-25.69%2.75%
E
ETNEaton Corp. Plc
70.67%$96.58B-25.41%1.63%
K
KLACKLA Corp.
70.56%$76.61B-15.57%1.12%
A
ANSSANSYS, Inc.
70.51%$25.14B-16.09%0.00%
N
NPOEnpro, Inc.
70.27%$3.00B-15.82%0.90%
P
PHParker-Hannifin Corp.
69.88%$66.60B-8.72%1.30%
S
SLABSilicon Laboratories, Inc.
69.81%$2.99B-29.83%0.00%

The stocks that are correlated to QQQE - Direxion NASDAQ 100 Equal Weighted Index Shares are MKSI, ENTG, LRCX, ITT, ANSS

Name
Correlation
Market Cap
Return % (1 Year)
Div Yield %
M
MKSIMKS Instruments, Inc.
78.03%$4.07B-53.10%1.53%
E
ENTGEntegris, Inc.
77.50%$9.89B-52.91%0.63%
L
LRCXLam Research Corp.
76.82%$75.85B-38.99%8.17%
I
ITTITT, Inc.
76.64%$9.18B-14.96%1.21%
A
ANSSANSYS, Inc.
76.26%$25.14B-16.09%0.00%
A
AEISAdvanced Energy Industries, Inc.
76.10%$2.98B-19.32%0.53%
B
BNBrookfield Corp.
75.73%$69.30B+14.68%0.75%
A
ADIAnalog Devices, Inc.
75.61%$81.64B-15.49%2.32%
K
KLACKLA Corp.
75.19%$76.61B-15.57%1.12%
Q
QCOMQUALCOMM, Inc.
75.07%$140.97B-25.69%2.75%
T
TELTE Connectivity Plc
74.90%$36.40B-15.66%2.19%
S
SNPSSynopsys, Inc.
74.85%$60.01B-32.55%0.00%
A
AMATApplied Materials, Inc.
74.01%$103.14B-38.92%1.28%
N
NXPINXP Semiconductors NV
73.70%$40.78B-33.28%2.60%
R
RMBSRambus, Inc.
73.28%$4.63B-28.20%0.00%
B
BNTBrookfield Wealth Solutions Ltd.
73.24%$9.31B+14.75%0.00%
P
PLABPhotronics, Inc.
72.89%$1.11B-37.93%0.00%
L
LFUSLittelfuse, Inc.
72.52%$3.77B-35.50%1.85%
N
NCVVirtus Convertible & Income Fund
72.45%--5.20%
F
FTVFortive Corp.
72.23%$21.82B-23.90%0.51%

ETF Correlation

The ETFs that are correlated to ROBT - Traded Fund VI First Trust Nasdaq Artificial Intelligence and Robotics ETF are ROBO, XT, FXL, SECT, KOMP

Name
Correlation
AUM
Expense Ratio
R
ROBOROBO Global Robotics and Automation Index ETF
94.58%$837.23M0.95%
X
XTiShares Exponential Technologies ETF
94.05%$2.68B0.46%
F
FXLTraded Fund III First Trust Technology AlphaDEX Fund
92.68%$1.04B0.62%
S
SECTMain Sector Rotation ETF
92.58%$1.65B0.78%
K
KOMPSPDR S&P Kensho New Economies Composite ETF
92.45%$1.77B0.2%
W
WTAIWisdomTree Artificial Intelligence and Innovation Fund
92.37%$148.19M0.45%
F
FVTraded Fund III First Trust Dorsey Wright Focus 5 ETF
92.29%$3.13B0.9%
S
SPHBInvesco S&P 500 High Beta ETF
92.08%$292.02M0.25%
Q
QQQJTraded Fund Trust II Invesco NASDAQ Next Gen 100 ETF
92.05%$532.42M0.15%
V
VTVanguard Total World Stock ETF
91.81%$38.17B0.06%
B
BOTZGlobal X Funds Global X Robotics & Artificial Intelligence ETF
91.73%$2.14B0.68%
V
VBKVanguard Small Cap Growth ETF
91.68%$15.56B0.07%
A
AIQGlobal X Artificial Intelligence & Technology ETF
91.61%$2.57B0.68%
Q
QQQEDirexion NASDAQ 100 Equal Weighted Index Shares
91.54%$1.12B0.35%
S
SPGMSPDR Portfolio MSCI Global Stock Market ETF
91.46%$877.09M0.09%
D
DFAWDimensional World Equity ETF
91.43%$574.24M0.25%
A
ACWIiShares MSCI ACWI ETF
91.37%$17.19B0.32%
Q
QQEWTraded Fund III First Trust NASDAQ 100 Equal Weighted Index Fund
90.94%$1.61B0.57%
U
URTHiShares MSCI World ETF
90.78%$3.86B0.24%
V
VOTVanguard Mid Cap Growth ETF
90.57%$13.34B0.07%

The ETFs that are correlated to QQQE - Direxion NASDAQ 100 Equal Weighted Index Shares are QQEW, FV, SUSA, SECT, ITOT

Name
Correlation
AUM
Expense Ratio
Q
QQEWTraded Fund III First Trust NASDAQ 100 Equal Weighted Index Fund
99.32%$1.61B0.57%
F
FVTraded Fund III First Trust Dorsey Wright Focus 5 ETF
95.53%$3.13B0.9%
S
SUSAMSCI USA ESG Select ETF
95.53%$3.02B0.25%
S
SECTMain Sector Rotation ETF
95.32%$1.65B0.78%
I
ITOTiShares Core S&P Total U.S. Stock Market ETF
95.28%$56.33B0.03%
V
VTIVanguard Total Stock Market ETF
95.28%$400.30B0.03%
I
IWBiShares Russell 1000 ETF
95.28%$33.72B0.15%
D
DFUSDimensional U.S. Equity Market ETF
95.21%$12.11B0.09%
L
LRGFiShares U.S. Equity Factor ETF
95.19%$2.04B0.08%
S
SCHBSchwab U.S. Broad Market ETF
95.18%$27.79B0.03%
S
SCHKSchwab 1000 Index ETF
95.18%$3.46B0.05%
D
DFAUDimensional US Core Equity Market ETF
95.11%$6.52B0.12%
S
SCHXSchwab U.S. Large Cap ETF
95.10%$45.33B0.03%
I
IYYiShares Dow Jones U.S. ETF
95.09%$1.98B0.2%
E
ESGUiShares Trust iShares ESG Aware MSCI USA ETF
95.08%$11.52B0.15%
I
IWViShares Russell 3000 ETF
95.04%$13.10B0.2%
B
BBUSTraded Fund Trust JPMorgan BetaBuilders U.S. Equity ETF
95.01%$3.95B0.02%
G
GSLCGoldman Sachs ActiveBeta U.S. Large Cap Equity ETF
95.01%$11.30B0.09%
E
ESGVVanguard ESG U.S. Stock ETF
95.00%$8.64B0.09%
L
LCTUBlackRock U.S. Carbon Transition Readiness ETF
94.97%$1.04B0.14%

Holding Overlap

ROBT - Traded Fund VI First Trust Nasdaq Artificial Intelligence and Robotics ETF and QQQE - Direxion NASDAQ 100 Equal Weighted Index Shares have a 21 holding overlap. Which accounts for a 15.6% overlap.

Number of overlapping holdings

21

% of overlapping holdings

15.57%

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