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BTEK vs. IRBO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BTEK and IRBO is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

BTEK vs. IRBO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Future Tech ETF (BTEK) and iShares Robotics and Artificial Intelligence Multisector ETF (IRBO). The values are adjusted to include any dividend payments, if applicable.

-100.00%-80.00%-60.00%-40.00%-20.00%0.00%Jun 30Jul 07Jul 14Jul 21Jul 28Aug 04Aug 11Aug 18Aug 25SeptemberSep 08
-12.72%
0.53%
BTEK
IRBO

Key characteristics

Returns By Period


BTEK

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

IRBO

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

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BTEK vs. IRBO - Expense Ratio Comparison

BTEK has a 0.88% expense ratio, which is higher than IRBO's 0.47% expense ratio.


BTEK
Future Tech ETF
Expense ratio chart for BTEK: current value at 0.88% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.88%
Expense ratio chart for IRBO: current value at 0.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.47%

Risk-Adjusted Performance

BTEK vs. IRBO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Future Tech ETF (BTEK) 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.


Sharpe ratio
No data
BTEK
IRBO


Rolling 12-month Sharpe Ratio-0.200.000.200.400.60Jun 30Jul 07Jul 14Jul 21Jul 28Aug 04Aug 11Aug 18Aug 25SeptemberSep 08
0.01
0.35
BTEK
IRBO

Dividends

BTEK vs. IRBO - Dividend Comparison

Neither BTEK nor IRBO has paid dividends to shareholders.


TTM202320222021202020192018
BTEK
Future Tech ETF
100.03%0.00%0.00%0.00%0.00%0.00%0.00%
IRBO
iShares Robotics and Artificial Intelligence Multisector ETF
0.35%0.62%0.13%1.14%0.53%0.69%0.34%

Drawdowns

BTEK vs. IRBO - Drawdown Comparison


-100.00%-80.00%-60.00%-40.00%-20.00%Jun 30Jul 07Jul 14Jul 21Jul 28Aug 04Aug 11Aug 18Aug 25SeptemberSep 08
-86.83%
-32.91%
BTEK
IRBO

Volatility

BTEK vs. IRBO - Volatility Comparison

The current volatility for Future Tech ETF (BTEK) is 0.00%, while iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) has a volatility of 7.79%. This indicates that BTEK experiences smaller price fluctuations and is considered to be less risky than IRBO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%100.00%200.00%300.00%400.00%500.00%Jun 30Jul 07Jul 14Jul 21Jul 28Aug 04Aug 11Aug 18Aug 25SeptemberSep 080
7.79%
BTEK
IRBO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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