IBOT vs. NLR

Last updated Jul 15, 2026

IBOT (VanEck Robotics ETF) and NLR (VanEck Uranium and Nuclear ETF) are both exchange-traded funds - IBOT is a Technology Equities fund tracking the BlueStar® Robotics Index, while NLR is a Uranium fund tracking the MVIS Global Uranium & Nuclear Energy Index. Both are passively managed. Over the past 3 years, IBOT returned 19.96%/yr vs 25.92%/yr for NLR. A 0.52 correlation means they provide meaningful diversification when combined. IBOT charges 0.47%/yr vs 0.56%/yr for NLR.

Performance

IBOT vs. NLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Robotics ETF (IBOT) and VanEck Uranium and Nuclear ETF (NLR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IBOT achieves a 23.40% return, which is significantly higher than NLR's -10.33% return.

IBOT

• 1D: 0.82%
• 1M: -0.73%
• 6M: 16.58%
• YTD: 23.40%
• 1Y: 40.31%
• 3Y*: 19.96%
• 5Y*: —
• 10Y*: —

NLR

• 1D: 1.73%
• 1M: -8.68%
• 6M: -20.92%
• YTD: -10.33%
• 1Y: 2.30%
• 3Y*: 25.92%
• 5Y*: 18.96%
• 10Y*: 11.35%

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

IBOT vs. NLR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IBOT VanEck Robotics ETF	23.40%	28.57%	6.39%	19.46%
NLR VanEck Uranium and Nuclear ETF	-10.33%	56.50%	14.26%	37.63%

Correlation

The correlation between IBOT and NLR is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (All Time) Calculated using the full available price history since Apr 6, 2023	0.52

The correlation between IBOT and NLR has been stable across timeframes, ranging from 0.52 to 0.60 - a consistent structural relationship.

IBOT vs. NLR - Sectors Allocation Comparison

Sectors	IBOT	NLR
Technology	50.6%	1.8%
Industrials	44.1%	18.9%
Energy	2.3%	48.0%
Consumer Cyclical	2.2%	-
Healthcare	0.8%	-
Basic Materials	-	2.3%
Communication Services	-	-
Consumer Defensive	-	-
Financial Services	-	-
Real Estate	-	-
Utilities	-	29.2%

Return for Risk

IBOT vs. NLR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IBOT

IBOT Risk / Return Rank: 62
IBOT Sharpe Ratio Rank: 63
IBOT Sortino Ratio Rank: 59
IBOT Omega Ratio Rank: 59
IBOT Calmar Ratio Rank: 61
IBOT Martin Ratio Rank: 66

NLR

NLR Risk / Return Rank: 11
NLR Sharpe Ratio Rank: 10
NLR Sortino Ratio Rank: 12
NLR Omega Ratio Rank: 11
NLR Calmar Ratio Rank: 10
NLR Martin Ratio Rank: 10

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IBOT vs. NLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Robotics ETF (IBOT) and VanEck Uranium and Nuclear ETF (NLR). 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	NLR	Difference
Sharpe ratio: Return per unit of total volatility	1.65	0.05	+1.60
Sortino ratio: Return per unit of downside risk	2.24	0.38	+1.86
Omega ratio: Gain probability vs. loss probability	1.29	1.04	+0.24
Calmar ratio: Return relative to maximum drawdown	2.42	0.07	+2.35
Martin ratio: Return relative to average drawdown	9.45	0.15	+9.30

IBOT vs. NLR - Sharpe Ratio Comparison

The current IBOT Sharpe Ratio is 1.65, which is higher than the NLR Sharpe Ratio of 0.05. The chart below compares the historical Sharpe Ratios of IBOT and NLR, 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. NLR - Drawdown Comparison

The maximum IBOT drawdown since its inception was -25.39%, smaller than the maximum NLR drawdown of -65.05%. Use the drawdown chart below to compare losses from any high point for IBOT and NLR.

Drawdown Indicators

	IBOT	NLR	Difference
Max Drawdown Largest peak-to-trough decline	-25.39%	-65.05%	+39.66%
Max Drawdown (1Y) Largest decline over 1 year	-16.74%	-33.39%	+16.65%
Max Drawdown (3Y) Largest decline over 3 years	-25.39%	-33.39%	+8.00%
Max Drawdown (5Y) Largest decline over 5 years	—	-33.39%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.35%	—
Current Drawdown Current decline from peak	-5.92%	-32.24%	+26.32%
Average Drawdown Average peak-to-trough decline	-4.98%	-35.67%	+30.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.28%	15.56%	-11.28%

Volatility

IBOT vs. NLR - Volatility Comparison

VanEck Robotics ETF (IBOT) has a higher volatility of 10.05% compared to VanEck Uranium and Nuclear ETF (NLR) at 9.50%. This indicates that IBOT's price experiences larger fluctuations and is considered to be riskier than NLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IBOT	NLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.05%	9.50%	+0.55%
Volatility (6M) Calculated over the trailing 6-month period	20.69%	32.51%	-11.82%
Volatility (1Y) Calculated over the trailing 1-year period	24.54%	43.06%	-18.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.75%	29.82%	-7.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.75%	24.38%	-1.63%

IBOT vs. NLR - Expense Ratio Comparison

IBOT has a 0.47% expense ratio, which is lower than NLR's 0.56% expense ratio.

Dividends

IBOT vs. NLR - Dividend Comparison

IBOT's dividend yield for the trailing twelve months is around 0.31%, less than NLR's 2.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IBOT VanEck Robotics ETF	0.31%	0.38%	2.81%	2.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NLR VanEck Uranium and Nuclear ETF	2.84%	2.55%	0.76%	4.54%	2.02%	1.99%	2.23%	2.21%	3.91%	4.86%	3.62%	3.30%

Frequently Asked Questions

Can I hold both IBOT and NLR in my portfolio?

IBOT and NLR have a correlation of 0.60, 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 NLR?

IBOT has higher volatility (10.05%) compared to NLR (9.50%). In terms of maximum drawdown, IBOT dropped -25.39% vs NLR's -65.05%.

Which ETF is better, IBOT or NLR?

On 3-year performance, NLR leads with 25.92% vs 19.96% for IBOT. On fees, IBOT is cheaper at 0.47% per year. On volatility, NLR has been the lower-risk option at 9.50%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IBOT or NLR?

Over the 3-year period, NLR has performed better with a 25.92% return vs 19.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBOT or NLR?

IBOT is cheaper with a 0.47% expense ratio, compared with 0.56% for NLR.

Which ETF pays a higher dividend yield, IBOT or NLR?

NLR has the higher dividend yield at 2.84%, compared with 0.31% for IBOT.

What is the main difference between IBOT and NLR?

IBOT is categorized as Technology Equities, while NLR is Uranium. IBOT tracks BlueStar® Robotics Index, while NLR tracks MVIS Global Uranium & Nuclear Energy Index. Their fees differ too: 0.47% for IBOT and 0.56% for NLR.

Which has better risk-adjusted returns?

IBOT currently has the higher Sharpe Ratio (1.65 vs 0.05), 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.