IRBO vs. ATVI
Compare and contrast key facts about iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) and Activision Blizzard, Inc. (ATVI).
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 ATVI.
Key characteristics
| IRBO | ATVI |
|---|
Correlation
The correlation between IRBO and ATVI is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IRBO vs. ATVI - Performance Comparison
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. ATVI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) and Activision Blizzard, Inc. (ATVI). 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. ATVI - Dividend Comparison
IRBO's dividend yield for the trailing twelve months is around 0.92%, while ATVI has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IRBO iShares Robotics and Artificial Intelligence Multisector ETF | 0.92% | 0.88% | 0.75% | 2.41% | 0.53% | 0.69% | 0.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ATVI Activision Blizzard, Inc. | 1.05% | 1.05% | 0.61% | 0.70% | 0.44% | 0.62% | 0.73% | 0.47% | 0.72% | 0.59% | 0.99% | 1.07% |
Drawdowns
IRBO vs. ATVI - Drawdown Comparison
Volatility
IRBO vs. ATVI - Volatility Comparison
iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) has a higher volatility of 6.57% compared to Activision Blizzard, Inc. (ATVI) at 0.00%. This indicates that IRBO's price experiences larger fluctuations and is considered to be riskier than ATVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.