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

Key characteristics


IGPTIRBO

Correlation

-0.50.00.51.00.8

The correlation between IGPT and IRBO is 0.82, 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

IGPT vs. IRBO - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
4.38%
-3.84%
IGPT
IRBO

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IGPT vs. IRBO - Expense Ratio Comparison

IGPT has a 0.60% expense ratio, which is higher than IRBO's 0.47% expense ratio.


IGPT
Invesco AI and Next Gen Software ETF
Expense ratio chart for IGPT: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
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

IGPT vs. IRBO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco AI and Next Gen Software ETF (IGPT) 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.


IGPT
Sharpe ratio
The chart of Sharpe ratio for IGPT, currently valued at 1.59, compared to the broader market-2.000.002.004.001.59
Sortino ratio
The chart of Sortino ratio for IGPT, currently valued at 2.17, compared to the broader market0.005.0010.002.17
Omega ratio
The chart of Omega ratio for IGPT, currently valued at 1.28, compared to the broader market1.001.502.002.503.001.28
Calmar ratio
The chart of Calmar ratio for IGPT, currently valued at 1.32, compared to the broader market0.005.0010.0015.001.32
Martin ratio
The chart of Martin ratio for IGPT, currently valued at 5.43, compared to the broader market0.0020.0040.0060.0080.00100.00120.005.43
IRBO
Sharpe ratio
The chart of Sharpe ratio for IRBO, currently valued at 0.42, compared to the broader market-2.000.002.004.000.42
Sortino ratio
The chart of Sortino ratio for IRBO, currently valued at 0.70, compared to the broader market0.005.0010.000.70
Omega ratio
The chart of Omega ratio for IRBO, currently valued at 1.10, compared to the broader market1.001.502.002.503.001.10
Calmar ratio
The chart of Calmar ratio for IRBO, currently valued at 0.21, compared to the broader market0.005.0010.0015.000.21
Martin ratio
The chart of Martin ratio for IRBO, currently valued at 1.66, compared to the broader market0.0020.0040.0060.0080.00100.00120.001.66

IGPT vs. IRBO - Sharpe Ratio Comparison


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.59
0.42
IGPT
IRBO

Dividends

IGPT vs. IRBO - Dividend Comparison

Neither IGPT nor IRBO has paid dividends to shareholders.


TTM2023202220212020201920182017201620152014
IGPT
Invesco AI and Next Gen Software ETF
0.00%0.00%4.23%18.63%0.11%0.15%0.00%0.00%0.10%0.44%0.29%
IRBO
iShares Robotics and Artificial Intelligence Multisector ETF
0.54%0.62%0.13%1.14%0.53%0.69%0.34%0.00%0.00%0.00%0.00%

Drawdowns

IGPT vs. IRBO - Drawdown Comparison


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-5.27%
-32.91%
IGPT
IRBO

Volatility

IGPT vs. IRBO - Volatility Comparison

Invesco AI and Next Gen Software ETF (IGPT) has a higher volatility of 6.27% compared to iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) at 0.00%. This indicates that IGPT's price experiences larger fluctuations and is considered to be riskier than IRBO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
6.27%
0
IGPT
IRBO