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IRBO vs. ARKQ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IRBO vs. ARKQ

Last updated Aug 2, 2026
Documentation

IRBO (iShares Future AI & Tech ETF) and ARKQ (ARK Autonomous Technology & Robotics ETF) are both exchange-traded funds - IRBO is a Artificial Intelligence fund tracking the Morningstar Global Artificial Intelligence Select Index, while ARKQ is a Robotics fund actively managed by ARK. IRBO is passively managed, while ARKQ is actively managed. Over the past 5 years, IRBO returned 9.92%/yr vs 7.45%/yr for ARKQ. Their correlation of 0.86 means they have usually moved in the same direction. IRBO charges 0.47%/yr vs 0.75%/yr for ARKQ.

Performance

IRBO vs. ARKQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Future AI & Tech ETF (IRBO) and ARK Autonomous Technology & Robotics ETF (ARKQ). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IRBO achieves a 38.42% return, which is significantly higher than ARKQ's 0.36% return.

IRBO

1D
0.60%
1M
-6.25%
6M
29.47%
YTD
38.42%
1Y
57.81%
3Y*
25.12%
5Y*
9.92%
10Y*
—
ALL TIME*
14.64%

ARKQ

1D
0.96%
1M
-10.06%
6M
-7.14%
YTD
0.36%
1Y
21.95%
3Y*
25.50%
5Y*
7.45%
10Y*
19.53%
ALL TIME*
16.64%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

ARKQ

ARK Autonomous Technology & Robotics ETF
$16.90M$14.85M$24.73M

IRBO

iShares Future AI & Tech ETF
$36.04M$40.00M$59.74M

IRBO vs. ARKQ - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
IRBO
iShares Future AI & Tech ETF		38.42%29.97%8.02%36.37%-37.89%6.32%48.85%34.47%-13.76%
ARKQ
ARK Autonomous Technology & Robotics ETF		0.36%48.81%33.88%40.70%-46.75%1.74%107.20%25.94%-11.26%

Correlation

The correlation between IRBO and ARKQ is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.77

Correlation (3Y)
Balances recent behavior with more history.

0.80

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.85

Correlation (All Time)
Calculated using the full available price history since Jun 28, 2018

0.86

The correlation between IRBO and ARKQ has been stable across timeframes, ranging from 0.77 to 0.86 - a consistent structural relationship.

IRBO vs. ARKQ - Sectors Allocation Comparison

Sectors
IRBO
ARKQ

Technology

83.8%
32.0%

Communication Services

5.5%
7.5%

Industrials

4.7%
39.4%

Utilities

3.2%
0.9%

Consumer Cyclical

2.9%
17.2%

Real Estate

1.2%

-

Consumer Defensive

0.0%

-

Healthcare

0.0%
1.6%

Basic Materials

-

-

Energy

-

1.6%

Financial Services

-

0.9%

Technology

IRBO
83.8%
ARKQ
32.0%

Communication Services

IRBO
5.5%
ARKQ
7.5%

Industrials

IRBO
4.7%
ARKQ
39.4%

Utilities

IRBO
3.2%
ARKQ
0.9%

Consumer Cyclical

IRBO
2.9%
ARKQ
17.2%

Real Estate

IRBO
1.2%
ARKQ

-

Consumer Defensive

IRBO
0.0%
ARKQ

-

Healthcare

IRBO
0.0%
ARKQ
1.6%

Basic Materials

IRBO

-

ARKQ

-

Energy

IRBO

-

ARKQ
1.6%

Financial Services

IRBO

-

ARKQ
0.9%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Future AI & Tech ETF

ARK Autonomous Technology & Robotics ETF

Often compared with IRBO:
IRBO vs. BOTZIRBO vs. ROBOIRBO vs. AIQIRBO vs. ROBTIRBO vs. IBOTIRBO vs. IGPTIRBO vs. KOMP
Often compared with ARKQ:
ARKQ vs. BOTZARKQ vs. ARKKARKQ vs. QTUMARKQ vs. ROBOARKQ vs. ARKWARKQ vs. ARKGARKQ vs. ARTY

Return for Risk

IRBO vs. ARKQ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
IRBO
IRBO Risk / Return Rank: 6060
Overall Rank
IRBO Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
IRBO Sortino Ratio Rank: 5656
Sortino Ratio Rank
IRBO Omega Ratio Rank: 5757
Omega Ratio Rank
IRBO Calmar Ratio Rank: 6565
Calmar Ratio Rank
IRBO Martin Ratio Rank: 6161
Martin Ratio Rank
ARKQ
ARKQ Risk / Return Rank: 2525
Overall Rank
ARKQ Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
ARKQ Sortino Ratio Rank: 2626
Sortino Ratio Rank
ARKQ Omega Ratio Rank: 2525
Omega Ratio Rank
ARKQ Calmar Ratio Rank: 2626
Calmar Ratio Rank
ARKQ Martin Ratio Rank: 2626
Martin Ratio Rank
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.

IRBO vs. ARKQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Future AI & Tech ETF (IRBO) and ARK Autonomous Technology & Robotics ETF (ARKQ). 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.

IRBOARKQDifference
Sharpe ratioReturn per unit of total volatility
1.44
0.55

+0.89

Sortino ratioReturn per unit of downside risk
1.93
0.97

+0.96

Omega ratioGain probability vs. loss probability

1.25

1.11

+0.13

Calmar ratioReturn relative to maximum drawdown

2.24

0.79

+1.44

Martin ratioReturn relative to average drawdown

7.25

2.13

+5.11

IRBO vs. ARKQ - Sharpe Ratio Comparison

The current IRBO Sharpe Ratio is 1.44, which is higher than the ARKQ Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of IRBO and ARKQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IRBO vs. ARKQ - Drawdown Comparison

The maximum IRBO drawdown since its inception was -54.50%, smaller than the maximum ARKQ drawdown of -59.89%. Use the drawdown chart below to compare losses from any high point for IRBO and ARKQ.

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Drawdown Indicators

IRBOARKQDifference

Max Drawdown

Largest peak-to-trough decline

-54.50%

-59.89%

+5.39%

Max Drawdown (1Y)

Largest decline over 1 year

-24.00%

-23.82%

-0.18%

Max Drawdown (3Y)

Largest decline over 3 years

-32.44%

-30.76%

-1.68%

Max Drawdown (5Y)

Largest decline over 5 years

-50.53%

-55.71%

+5.18%

Max Drawdown (10Y)

Largest decline over 10 years

—

-59.89%

—

Current Drawdown

Current decline from peak

-17.41%

-19.99%

+2.58%

Average Drawdown

Average peak-to-trough decline

-19.68%

-17.19%

-2.49%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.42%

8.86%

-1.44%

Volatility

IRBO vs. ARKQ - Volatility Comparison

iShares Future AI & Tech ETF (IRBO) has a higher volatility of 14.17% compared to ARK Autonomous Technology & Robotics ETF (ARKQ) at 9.78%. This indicates that IRBO's price experiences larger fluctuations and is considered to be riskier than ARKQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IRBOARKQDifference

Volatility (1M)

Calculated over the trailing 1-month period

14.17%

9.78%

+4.39%

Volatility (6M)

Calculated over the trailing 6-month period

33.16%

26.83%

+6.33%

Volatility (1Y)

Calculated over the trailing 1-year period

37.34%

34.68%

+2.66%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

30.29%

32.85%

-2.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

28.64%

30.13%

-1.49%

IRBO vs. ARKQ - Expense Ratio Comparison

IRBO has a 0.47% expense ratio, which is lower than ARKQ's 0.75% expense ratio.

Dividends

IRBO vs. ARKQ - Dividend Comparison

IRBO's dividend yield for the trailing twelve months is around 0.07%, less than ARKQ's 0.27% yield.

PositionTTM20252024202320222021202020192018201720162015
ARKQ
ARK Autonomous Technology & Robotics ETF		0.27%0.27%0.00%0.00%0.00%0.80%0.86%0.00%2.86%1.54%0.00%0.98%
IRBO
iShares Future AI & Tech ETF		0.07%0.00%0.50%0.88%0.75%2.41%0.53%0.69%0.34%0.00%0.00%0.00%

Frequently Asked Questions

IRBO and ARKQ have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IRBO has higher volatility (14.17%) compared to ARKQ (9.78%). In terms of maximum drawdown, IRBO dropped -54.50% vs ARKQ's -59.89%.

On 5-year performance, IRBO leads with 9.92% vs 7.45% for ARKQ. On fees, IRBO is cheaper at 0.47% per year. On volatility, ARKQ has been the lower-risk option at 9.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, IRBO has performed better with a 9.92% return vs 7.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IRBO is cheaper with a 0.47% expense ratio, compared with 0.75% for ARKQ.

ARKQ has the higher dividend yield at 0.27%, compared with 0.07% for IRBO.

IRBO is categorized as Artificial Intelligence, while ARKQ is Robotics. They also come from different issuers: iShares and ARK. Their fees differ too: 0.47% for IRBO and 0.75% for ARKQ.

IRBO currently has the higher Sharpe Ratio (1.44 vs 0.55), 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.

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