BOTT vs. IRBO

Last updated Aug 2, 2026

BOTT (Themes Humanoid Robotics ETF) and IRBO (iShares Future AI & Tech ETF) are both exchange-traded funds - BOTT is a Robotics fund tracking the Solactive Global Humanoid Robotics Index, while IRBO is a Artificial Intelligence fund tracking the Morningstar Global Artificial Intelligence Select Index. Both are passively managed. Over the past year, BOTT returned 30.32% vs 57.81% for IRBO. Their 0.73 correlation means they have sometimes moved together and sometimes differently. BOTT charges 0.35%/yr vs 0.47%/yr for IRBO.

Performance

BOTT vs. IRBO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Themes Humanoid Robotics ETF (BOTT) and iShares Future AI & Tech ETF (IRBO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BOTT achieves a -3.52% return, which is significantly lower than IRBO's 38.42% return.

BOTT

• 1D: 2.78%
• 1M: -15.62%
• 6M: -26.88%
• YTD: -3.52%
• 1Y: 30.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 25.04%

IRBO

• 1D: 0.60%
• 1M: -6.25%
• 6M: 29.47%
• YTD: 38.42%
• 1Y: 57.81%
• 3Y*: 25.12%
• 5Y*: 9.92%
• 10Y*: —
• ALL TIME*: 14.64%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BOTT Themes Humanoid Robotics ETF	$821.19K	$930.14K	$1.58M
IRBO iShares Future AI & Tech ETF	$36.04M	$40.00M	$59.74M

BOTT vs. IRBO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BOTT Themes Humanoid Robotics ETF	-3.52%	55.56%	10.73%
IRBO iShares Future AI & Tech ETF	38.42%	29.97%	19.44%

Correlation

The correlation between BOTT and IRBO is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.66
Correlation (All Time) Calculated using the full available price history since Apr 22, 2024	0.73

The correlation between BOTT and IRBO has been stable across timeframes, ranging from 0.66 to 0.73 - a consistent structural relationship.

BOTT vs. IRBO - Sectors Allocation Comparison

Sectors	BOTT	IRBO
Industrials	40.9%	4.7%
Technology	20.1%	83.8%
Consumer Cyclical	13.3%	2.9%
Financial Services	0.0%	-
Basic Materials	-	-
Communication Services	-	5.5%
Consumer Defensive	-	0.0%
Energy	-	-
Healthcare	-	0.0%
Real Estate	-	1.2%
Utilities	-	3.2%

Return for Risk

BOTT vs. IRBO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BOTT

BOTT Risk / Return Rank: 27
BOTT Sharpe Ratio Rank: 28
BOTT Sortino Ratio Rank: 32
BOTT Omega Ratio Rank: 29
BOTT Calmar Ratio Rank: 24
BOTT Martin Ratio Rank: 24

IRBO

IRBO Risk / Return Rank: 60
IRBO Sharpe Ratio Rank: 62
IRBO Sortino Ratio Rank: 56
IRBO Omega Ratio Rank: 57
IRBO Calmar Ratio Rank: 65
IRBO Martin Ratio Rank: 61

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BOTT vs. IRBO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Themes Humanoid Robotics ETF (BOTT) and iShares Future AI & Tech 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BOTT	IRBO	Difference
Sharpe ratio: Return per unit of total volatility	0.68	1.44	-0.76
Sortino ratio: Return per unit of downside risk	1.21	1.93	-0.72
Omega ratio: Gain probability vs. loss probability	1.14	1.25	-0.11
Calmar ratio: Return relative to maximum drawdown	0.73	2.24	-1.51
Martin ratio: Return relative to average drawdown	1.79	7.25	-5.46

BOTT vs. IRBO - Sharpe Ratio Comparison

The current BOTT Sharpe Ratio is 0.68, which is lower than the IRBO Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of BOTT and IRBO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BOTT vs. IRBO - Drawdown Comparison

The maximum BOTT drawdown since its inception was -38.54%, smaller than the maximum IRBO drawdown of -54.50%. Use the drawdown chart below to compare losses from any high point for BOTT and IRBO.

Drawdown Indicators

	BOTT	IRBO	Difference
Max Drawdown Largest peak-to-trough decline	-38.54%	-54.50%	+15.96%
Max Drawdown (1Y) Largest decline over 1 year	-38.54%	-24.00%	-14.54%
Max Drawdown (3Y) Largest decline over 3 years	—	-32.44%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-50.53%	—
Current Drawdown Current decline from peak	-35.43%	-17.41%	-18.02%
Average Drawdown Average peak-to-trough decline	-8.13%	-19.68%	+11.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.74%	7.42%	+8.32%

Volatility

BOTT vs. IRBO - Volatility Comparison

Themes Humanoid Robotics ETF (BOTT) and iShares Future AI & Tech ETF (IRBO) have volatilities of 14.47% and 14.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BOTT	IRBO	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.47%	14.17%	+0.30%
Volatility (6M) Calculated over the trailing 6-month period	30.87%	33.16%	-2.29%
Volatility (1Y) Calculated over the trailing 1-year period	41.62%	37.34%	+4.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.71%	30.29%	+4.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.71%	28.64%	+6.07%

BOTT vs. IRBO - Expense Ratio Comparison

BOTT has a 0.35% expense ratio, which is lower than IRBO's 0.47% expense ratio.

Dividends

BOTT vs. IRBO - Dividend Comparison

BOTT's dividend yield for the trailing twelve months is around 0.14%, more than IRBO's 0.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BOTT Themes Humanoid Robotics ETF	0.14%	0.14%	1.74%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IRBO iShares Future AI & Tech ETF	0.07%	0.00%	0.50%	0.88%	0.75%	2.41%	0.53%	0.69%	0.34%

Frequently Asked Questions

Can I hold both BOTT and IRBO in my portfolio?

BOTT and IRBO have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BOTT or IRBO?

BOTT has higher volatility (14.47%) compared to IRBO (14.17%). In terms of maximum drawdown, BOTT dropped -38.54% vs IRBO's -54.50%.

Which ETF is better, BOTT or IRBO?

On 1-year performance, IRBO leads with 57.81% vs 30.32% for BOTT. On fees, BOTT is cheaper at 0.35% per year. On volatility, IRBO has been the lower-risk option at 14.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BOTT or IRBO?

Over the 1-year period, IRBO has performed better with a 57.81% return vs 30.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BOTT or IRBO?

BOTT is cheaper with a 0.35% expense ratio, compared with 0.47% for IRBO.

Which ETF pays a higher dividend yield, BOTT or IRBO?

BOTT has the higher dividend yield at 0.14%, compared with 0.07% for IRBO.

What is the main difference between BOTT and IRBO?

BOTT is categorized as Robotics, while IRBO is Artificial Intelligence. BOTT tracks Solactive Global Humanoid Robotics Index, while IRBO tracks Morningstar Global Artificial Intelligence Select Index. They also come from different issuers: Themes and iShares. Their fees differ too: 0.35% for BOTT and 0.47% for IRBO.

Which has better risk-adjusted returns?

IRBO currently has the higher Sharpe Ratio (1.44 vs 0.68), 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.