IRBO vs. ARKO
Compare and contrast key facts about iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) and Arko Corp. (ARKO).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IRBO or ARKO.
Key characteristics
| IRBO | ARKO | |
|---|---|---|
| YTD Return | -3.45% | -48.00% |
| 1Y Return | 17.16% | -46.20% |
| 3Y Return (Ann) | -6.09% | -25.57% |
| 5Y Return (Ann) | 6.26% | -19.27% |
| Sharpe Ratio | 0.85 | -1.25 |
| Daily Std Dev | 20.05% | 37.12% |
| Max Drawdown | -54.50% | -63.56% |
| Current Drawdown | -32.75% | -62.87% |
Correlation
The correlation between IRBO and ARKO is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
IRBO vs. ARKO - Performance Comparison
In the year-to-date period, IRBO achieves a -3.45% return, which is significantly higher than ARKO's -48.00% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
IRBO vs. ARKO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) and Arko Corp. (ARKO). 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.
Dividends
IRBO vs. ARKO - Dividend Comparison
IRBO's dividend yield for the trailing twelve months is around 0.91%, less than ARKO's 2.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
IRBO iShares Robotics and Artificial Intelligence Multisector ETF | 0.91% | 0.88% | 0.75% | 2.41% | 0.53% | 0.69% | 0.34% |
ARKO Arko Corp. | 2.81% | 1.45% | 1.04% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IRBO vs. ARKO - Drawdown Comparison
The maximum IRBO drawdown since its inception was -54.50%, smaller than the maximum ARKO drawdown of -63.56%. Use the drawdown chart below to compare losses from any high point for IRBO and ARKO. For additional features, visit the drawdowns tool.
Volatility
IRBO vs. ARKO - Volatility Comparison
The current volatility for iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) is 6.56%, while Arko Corp. (ARKO) has a volatility of 13.03%. This indicates that IRBO experiences smaller price fluctuations and is considered to be less risky than ARKO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.