IRBO vs. IBIT
IRBO (iShares Robotics and Artificial Intelligence Multisector ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IRBO is a Robotics fund tracking the NYSE FactSet Global Robotics and Artificial Intelligence Index, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Over the past year, IRBO returned 112.42% vs -38.74% for IBIT. At a 0.41 correlation, their price movements are largely independent. IRBO charges 0.47%/yr vs 0.25%/yr for IBIT.
Performance
IRBO vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, IRBO achieves a 66.09% return, which is significantly higher than IBIT's -25.48% return.
IRBO
- 1D
- -0.90%
- 1M
- 26.10%
- YTD
- 66.09%
- 6M
- 63.47%
- 1Y
- 112.42%
- 3Y*
- 36.54%
- 5Y*
- 14.13%
- 10Y*
- —
IBIT
- 1D
- -2.76%
- 1M
- -18.50%
- YTD
- -25.48%
- 6M
- -29.84%
- 1Y
- -38.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IRBO vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IRBO iShares Robotics and Artificial Intelligence Multisector ETF | 66.09% | 29.97% | 11.71% |
IBIT iShares Bitcoin Trust ETF | -25.48% | -6.41% | 99.21% |
Correlation
The correlation between IRBO and IBIT is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.41 |
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Return for Risk
IRBO vs. IBIT — Risk / Return Rank
IRBO
IBIT
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 ratioReturn per unit of total volatility | +4.67 | ||
| Sortino ratioReturn per unit of downside risk | +5.36 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 0.86 | +0.68 |
| Calmar ratioReturn relative to maximum drawdown | 6.01 | -0.79 | +6.80 |
| Martin ratioReturn relative to average drawdown | 20.88 | -1.36 | +22.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IRBO | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.78 | -0.89 | +4.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.30 | +0.34 |
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.
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Drawdown Indicators
| IRBO | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 (3Y)Largest decline over 3 years | -32.44% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -50.53% | — | — |
Current DrawdownCurrent decline from peak | -0.90% | -48.10% | +47.20% |
Average DrawdownAverage peak-to-trough decline | -19.85% | -16.02% | -3.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.40% | 28.44% | -23.04% |
Volatility
IRBO vs. IBIT - Volatility Comparison
iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) has a higher volatility of 12.01% compared to iShares Bitcoin Trust ETF (IBIT) at 9.50%. This indicates that IRBO's price experiences larger fluctuations and is considered to be riskier than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IRBO | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.01% | 9.50% | +2.51% |
Volatility (6M)Calculated over the trailing 6-month period | 25.12% | 34.44% | -9.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.94% | 43.73% | -13.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.58% | 50.19% | -21.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.75% | 50.19% | -22.44% |
IRBO vs. IBIT - Expense Ratio Comparison
IRBO has a 0.47% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
IRBO vs. IBIT - Dividend Comparison
Neither IRBO nor IBIT has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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% |
Frequently Asked Questions
IRBO and IBIT have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IRBO has higher volatility (12.01%) compared to IBIT (9.50%). In terms of maximum drawdown, IRBO dropped -54.50% vs IBIT's -49.36%.
On 1-year performance, IRBO leads with 112.42% vs -38.74% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, IBIT has been the lower-risk option at 9.50%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IRBO has performed better with a 112.42% return vs -38.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIT is cheaper with a 0.25% expense ratio, compared with 0.47% for IRBO.
IRBO and IBIT have nearly identical dividend yields, around 0.00%.
IRBO is categorized as Robotics, while IBIT is Cryptocurrency. IRBO tracks NYSE FactSet Global Robotics and Artificial Intelligence Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.47% for IRBO and 0.25% for IBIT.
IRBO currently has the higher Sharpe Ratio (3.78 vs -0.89), 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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