IBOT vs. FUMIX

Last updated Aug 4, 2026

IBOT (VanEck Robotics ETF) and FUMIX (Fidelity SAI U.S. Momentum Index Fund) are both funds - IBOT is a Technology Equities fund tracking the BlueStar® Robotics Index, while FUMIX is a Large Cap Growth Equities fund tracking the Fidelity U.S. Large Cap Momentum Focus Index. Both are passively managed. Over the past 3 years, IBOT returned 22.51%/yr vs 27.75%/yr for FUMIX. Their 0.80 correlation means they have sometimes moved together and sometimes differently. IBOT charges 0.47%/yr vs 0.11%/yr for FUMIX.

Performance

IBOT vs. FUMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Robotics ETF (IBOT) and Fidelity SAI U.S. Momentum Index Fund (FUMIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IBOT achieves a 24.65% return, which is significantly higher than FUMIX's 21.44% return.

IBOT

• 1D: 1.62%
• 1M: -0.91%
• 6M: 14.98%
• YTD: 24.65%
• 1Y: 42.82%
• 3Y*: 22.51%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 23.85%

FUMIX

• 1D: 0.61%
• 1M: -3.35%
• 6M: 17.79%
• YTD: 21.44%
• 1Y: 27.18%
• 3Y*: 27.75%
• 5Y*: 14.46%
• 10Y*: —
• ALL TIME*: 16.87%

*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)
FUMIX Fidelity SAI U.S. Momentum Index Fund	$0.00	$0.00	$0.00
IBOT VanEck Robotics ETF	$1.01M	$1.03M	$1.46M

IBOT vs. FUMIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IBOT VanEck Robotics ETF	24.65%	28.57%	6.39%	19.46%
FUMIX Fidelity SAI U.S. Momentum Index Fund	21.44%	17.01%	33.39%	17.38%

Correlation

The correlation between IBOT and FUMIX is 0.82, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.82
Correlation (3Y) Balances recent behavior with more history.	0.80
Correlation (All Time) Calculated using the full available price history since Apr 6, 2023	0.80

The correlation between IBOT and FUMIX has been stable across timeframes, ranging from 0.80 to 0.82 - a consistent structural relationship.

Return for Risk

IBOT vs. FUMIX — Risk / Return Rank

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

IBOT

IBOT Risk / Return Rank: 71
IBOT Sharpe Ratio Rank: 74
IBOT Sortino Ratio Rank: 69
IBOT Omega Ratio Rank: 69
IBOT Calmar Ratio Rank: 72
IBOT Martin Ratio Rank: 74

FUMIX

FUMIX Risk / Return Rank: 45
FUMIX Sharpe Ratio Rank: 38
FUMIX Sortino Ratio Rank: 37
FUMIX Omega Ratio Rank: 38
FUMIX Calmar Ratio Rank: 51
FUMIX Martin Ratio Rank: 59

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.

IBOT vs. FUMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Robotics ETF (IBOT) and Fidelity SAI U.S. Momentum Index Fund (FUMIX). 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.

	IBOT	FUMIX	Difference
Sharpe ratio: Return per unit of total volatility	1.72	1.25	+0.47
Sortino ratio: Return per unit of downside risk	2.33	1.80	+0.53
Omega ratio: Gain probability vs. loss probability	1.30	1.23	+0.06
Calmar ratio: Return relative to maximum drawdown	2.57	2.04	+0.53
Martin ratio: Return relative to average drawdown	9.31	8.21	+1.10

IBOT vs. FUMIX - Sharpe Ratio Comparison

The current IBOT Sharpe Ratio is 1.72, which is higher than the FUMIX Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of IBOT and FUMIX, 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

IBOT vs. FUMIX - Drawdown Comparison

The maximum IBOT drawdown since its inception was -25.39%, smaller than the maximum FUMIX drawdown of -33.36%. Use the drawdown chart below to compare losses from any high point for IBOT and FUMIX.

Drawdown Indicators

	IBOT	FUMIX	Difference
Max Drawdown Largest peak-to-trough decline	-25.39%	-33.36%	+7.97%
Max Drawdown (1Y) Largest decline over 1 year	-16.74%	-12.87%	-3.87%
Max Drawdown (3Y) Largest decline over 3 years	-25.39%	-19.90%	-5.49%
Max Drawdown (5Y) Largest decline over 5 years	—	-27.66%	—
Current Drawdown Current decline from peak	-4.97%	-8.48%	+3.51%
Average Drawdown Average peak-to-trough decline	-5.02%	-6.28%	+1.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.61%	3.19%	+1.42%

Volatility

IBOT vs. FUMIX - Volatility Comparison

VanEck Robotics ETF (IBOT) and Fidelity SAI U.S. Momentum Index Fund (FUMIX) have volatilities of 8.40% and 8.35%, 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

	IBOT	FUMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.40%	8.35%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	20.95%	18.87%	+2.08%
Volatility (1Y) Calculated over the trailing 1-year period	25.09%	21.08%	+4.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.80%	21.81%	+0.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.80%	21.99%	+0.81%

IBOT vs. FUMIX - Expense Ratio Comparison

IBOT has a 0.47% expense ratio, which is higher than FUMIX's 0.11% expense ratio.

Dividends

IBOT vs. FUMIX - Dividend Comparison

IBOT's dividend yield for the trailing twelve months is around 0.30%, less than FUMIX's 2.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FUMIX Fidelity SAI U.S. Momentum Index Fund	2.28%	2.77%	5.89%	18.09%	2.10%	20.67%	8.68%	2.09%	3.84%	0.88%
IBOT VanEck Robotics ETF	0.30%	0.38%	2.81%	2.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IBOT and FUMIX in my portfolio?

IBOT and FUMIX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IBOT or FUMIX?

IBOT has higher volatility (8.40%) compared to FUMIX (8.35%). In terms of maximum drawdown, IBOT dropped -25.39% vs FUMIX's -33.36%.

Which has better risk-adjusted returns?

IBOT currently has the higher Sharpe Ratio (1.72 vs 1.25), 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.