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

HTEC vs. IRBO

Last updated May 18, 2025

Compare and contrast key facts about ROBO Global Healthcare Technology and Innovation ETF (HTEC) and iShares Robotics and Artificial Intelligence Multisector ETF (IRBO).

HTEC and IRBO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HTEC is a passively managed fund by Exchange Traded Concepts that tracks the performance of the ROBO Global® Healthcare Technology and Innovation Index. It was launched on Jun 25, 2019. 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. Both HTEC and IRBO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HTEC or IRBO.

Correlation

The correlation between HTEC and IRBO is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

HTEC vs. IRBO - Performance Comparison

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

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Key characteristics

Returns By Period

HTEC

YTD

-4.63%

1M

8.26%

6M

-1.94%

1Y

-2.17%

5Y*

-1.25%

10Y*

N/A

IRBO

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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HTEC vs. IRBO - Expense Ratio Comparison

HTEC has a 0.68% expense ratio, which is higher than IRBO's 0.47% expense ratio.

HTEC
ROBO Global Healthcare Technology and Innovation ETF
IRBO
iShares Robotics and Artificial Intelligence Multisector ETF

Risk-Adjusted Performance

HTEC vs. IRBO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HTEC
The Risk-Adjusted Performance Rank of HTEC is 1313
Overall Rank
The Sharpe Ratio Rank of HTEC is 1212
Sharpe Ratio Rank
The Sortino Ratio Rank of HTEC is 1313
Sortino Ratio Rank
The Omega Ratio Rank of HTEC is 1313
Omega Ratio Rank
The Calmar Ratio Rank of HTEC is 1414
Calmar Ratio Rank
The Martin Ratio Rank of HTEC is 1212
Martin Ratio Rank
IRBO
The Risk-Adjusted Performance Rank of IRBO is 1010
Overall Rank
The Sharpe Ratio Rank of IRBO is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of IRBO is 1010
Sortino Ratio Rank
The Omega Ratio Rank of IRBO is 99
Omega Ratio Rank
The Calmar Ratio Rank of IRBO is 1010
Calmar Ratio Rank
The Martin Ratio Rank of IRBO is 1212
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

HTEC vs. IRBO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ROBO Global Healthcare Technology and Innovation ETF (HTEC) 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.

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Dividends

HTEC vs. IRBO - Dividend Comparison

Neither HTEC nor IRBO has paid dividends to shareholders.

TTM2024202320222021202020192018
HTEC
ROBO Global Healthcare Technology and Innovation ETF		0.00%0.00%0.00%0.00%0.05%0.00%0.00%0.00%
IRBO
iShares Robotics and Artificial Intelligence Multisector ETF		0.35%0.35%0.62%0.13%1.14%0.53%0.69%0.34%

Drawdowns

HTEC vs. IRBO - Drawdown Comparison

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Volatility

HTEC vs. IRBO - Volatility Comparison

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