First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) — Stock Correlations & Overview
Over the past year, ROBT has moved most closely with AGIQ, GINN, FDIF. Explore the stocks most correlated and inversely correlated with ROBT below, along with its price, financials, and company profile.
Stocks correlated with ROBT
Correlation of daily returns. Higher positive values move with ROBT; negative values move opposite it. Informational only, not investment advice.
Most correlated with ROBT
| Symbol | Company | Correlation |
|---|---|---|
| AGIQ | SoFi Agentic AI ETF | 0.93 |
| GINN | Goldman Sachs Innovate Equity ETF | 0.92 |
| FDIF | Fidelity Disruptors ETF | 0.92 |
| TECB | iShares U.S. Tech Breakthrough Multisector ETF | 0.90 |
| THNQ | ROBO Global Artificial Intelligence ETF | 0.90 |
Most inversely correlated with ROBT
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.85 |
| SDS | ProShares UltraShort S&P500 | -0.84 |
| SPXU | ProShares UltraPro Short S&P 500 | -0.84 |
| SPXS | Direxion Daily S&P 500 Bear 3x ETF | -0.84 |
| SPDN | Direxion Daily S&P 500 Bear 1X ETF | -0.83 |
Frequently asked questions about ROBT correlations
- Which stocks are most correlated with ROBT?
- Based on one year of daily returns, the stocks most correlated with First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) are AGIQ (0.93), GINN (0.92) and FDIF (0.92). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with ROBT?
- Over the past year, the stocks most inversely correlated with First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) are SARK (-0.85), SDS (-0.84) and SPXU (-0.84). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these ROBT correlations calculated?
- We compute the correlation of daily returns between ROBT and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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