ARKO vs. IRBO
Compare and contrast key facts about Arko Corp. (ARKO) and iShares Robotics and Artificial Intelligence Multisector ETF (IRBO).
IRBO is a passively managed fund by iShares that tracks the performance of the NYSE FactSet Global Robotics and Artificial Intelligence Index. It was launched on Jun 26, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKO or IRBO.
Key characteristics
| ARKO | IRBO | |
|---|---|---|
| YTD Return | -46.78% | -5.77% |
| 1Y Return | -46.53% | 15.07% |
| 3Y Return (Ann) | -23.61% | -8.85% |
| 5Y Return (Ann) | -18.97% | 6.00% |
| Sharpe Ratio | -1.33 | 0.57 |
| Daily Std Dev | 36.11% | 20.11% |
| Max Drawdown | -62.00% | -54.50% |
| Current Drawdown | -62.00% | -34.37% |
Correlation
The correlation between ARKO and IRBO is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ARKO vs. IRBO - Performance Comparison
In the year-to-date period, ARKO achieves a -46.78% return, which is significantly lower than IRBO's -5.77% 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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Risk-Adjusted Performance
ARKO vs. IRBO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Arko Corp. (ARKO) and iShares Robotics and Artificial Intelligence Multisector ETF (IRBO). 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
ARKO vs. IRBO - Dividend Comparison
ARKO's dividend yield for the trailing twelve months is around 2.75%, more than IRBO's 0.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
ARKO Arko Corp. | 2.75% | 1.45% | 1.04% | 0.00% | 0.00% | 0.00% | 0.00% |
IRBO iShares Robotics and Artificial Intelligence Multisector ETF | 0.93% | 0.88% | 0.75% | 2.41% | 0.53% | 0.69% | 0.34% |
Drawdowns
ARKO vs. IRBO - Drawdown Comparison
The maximum ARKO drawdown since its inception was -62.00%, which is greater than IRBO's maximum drawdown of -54.50%. Use the drawdown chart below to compare losses from any high point for ARKO and IRBO. For additional features, visit the drawdowns tool.
Volatility
ARKO vs. IRBO - Volatility Comparison
Arko Corp. (ARKO) has a higher volatility of 13.13% compared to iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) at 5.54%. This indicates that ARKO's price experiences larger fluctuations and is considered to be riskier than IRBO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.