IRBO vs. IBIT

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) and iShares Bitcoin Trust ETF (IBIT).

IRBO and IBIT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. IBIT is a passively managed fund by iShares that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 5, 2024. Both IRBO and IBIT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IRBO vs. IBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) and iShares Bitcoin Trust ETF (IBIT). The values are adjusted to include any dividend payments, if applicable.

IRBO vs. IBIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IRBO iShares Robotics and Artificial Intelligence Multisector ETF	-1.22%	29.97%	11.71%
IBIT iShares Bitcoin Trust ETF	-22.18%	-6.41%	99.21%

Returns By Period

In the year-to-date period, IRBO achieves a -1.22% return, which is significantly higher than IBIT's -22.18% return.

IRBO

• 1D: 2.28%
• 1M: -5.95%
• YTD: -1.22%
• 6M: 2.12%
• 1Y: 49.61%
• 3Y*: 15.44%
• 5Y*: 2.49%
• 10Y*: —

IBIT

• 1D: 0.57%
• 1M: -1.42%
• YTD: -22.18%
• 6M: -42.10%
• 1Y: -20.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IRBO vs. IBIT - Expense Ratio Comparison

IRBO has a 0.47% expense ratio, which is higher than IBIT's 0.25% expense ratio.

IRBO

iShares Robotics and Artificial Intelligence Multisector ETF

IBIT

iShares Bitcoin Trust ETF

Return for Risk

IRBO vs. IBIT — Risk / Return Rank

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

IRBO

IRBO Risk / Return Rank: 80
IRBO Sharpe Ratio Rank: 79
IRBO Sortino Ratio Rank: 79
IRBO Omega Ratio Rank: 74
IRBO Calmar Ratio Rank: 86
IRBO Martin Ratio Rank: 81

IBIT

IBIT Risk / Return Rank: 6
IBIT Sharpe Ratio Rank: 5
IBIT Sortino Ratio Rank: 5
IBIT Omega Ratio Rank: 6
IBIT Calmar Ratio Rank: 6
IBIT Martin Ratio Rank: 6

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.

IRBO vs. IBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) and iShares Bitcoin Trust ETF (IBIT). 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.

	IRBO	IBIT	Difference
Sharpe ratio Return per unit of total volatility	1.53	-0.44	+1.97
Sortino ratio Return per unit of downside risk	2.10	-0.37	+2.47
Omega ratio Gain probability vs. loss probability	1.28	0.96	+0.33
Calmar ratio Return relative to maximum drawdown	2.73	-0.35	+3.08
Martin ratio Return relative to average drawdown	9.31	-0.75	+10.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IRBO vs. IBIT - Sharpe Ratio Comparison

The current IRBO Sharpe Ratio is 1.53, which is higher than the IBIT Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of IRBO and IBIT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IRBO	IBIT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.53	-0.44	+1.97
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.36	+0.02

Correlation

The correlation between IRBO and IBIT 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.

Dividends

IRBO vs. IBIT - Dividend Comparison

Neither IRBO nor IBIT has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
IRBO iShares Robotics and Artificial Intelligence Multisector ETF	0.00%	0.00%	0.50%	0.88%	0.75%	2.41%	0.53%	0.69%	0.34%
IBIT iShares Bitcoin Trust ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

IRBO vs. IBIT - Drawdown Comparison

The maximum IRBO drawdown since its inception was -54.50%, which is greater than IBIT's maximum drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for IRBO and IBIT.

Drawdown Indicators

	IRBO	IBIT	Difference
Max Drawdown Largest peak-to-trough decline	-54.50%	-49.36%	-5.14%
Max Drawdown (1Y) Largest decline over 1 year	-18.81%	-49.36%	+30.55%
Max Drawdown (5Y) Largest decline over 5 years	-50.53%	—	—
Current Drawdown Current decline from peak	-12.58%	-45.80%	+33.22%
Average Drawdown Average peak-to-trough decline	-20.24%	-14.18%	-6.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.51%	23.27%	-17.76%

Volatility

IRBO vs. IBIT - Volatility Comparison

iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) and iShares Bitcoin Trust ETF (IBIT) have volatilities of 12.53% and 12.95%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IRBO	IBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.53%	12.95%	-0.42%
Volatility (6M) Calculated over the trailing 6-month period	23.30%	36.76%	-13.46%
Volatility (1Y) Calculated over the trailing 1-year period	32.61%	45.40%	-12.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.89%	51.21%	-23.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.42%	51.21%	-23.79%