IRBO vs. PBOT
IRBO (iShares Future AI & Tech ETF) and PBOT (Pictet AI & Automation ETF) are both Artificial Intelligence funds. IRBO is passively managed, while PBOT is actively managed. Their correlation of 0.86 means they have usually moved in the same direction. IRBO charges 0.47%/yr vs 0.70%/yr for PBOT.
Performance
IRBO vs. PBOT - Performance Comparison
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Returns By Period
In the year-to-date period, IRBO achieves a 43.11% return, which is significantly higher than PBOT's 26.50% return.
IRBO
- 1D
- 3.39%
- 1M
- -3.07%
- 6M
- 32.62%
- YTD
- 43.11%
- 1Y
- 63.16%
- 3Y*
- 28.37%
- 5Y*
- 10.52%
- 10Y*
- —
- ALL TIME*
- 15.10%
PBOT
- 1D
- 1.80%
- 1M
- -1.29%
- 6M
- 24.01%
- YTD
- 26.50%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $35.64M | $36.90M | $59.33M | |
| $30.33K | $29.64K | $24.21K |
IRBO vs. PBOT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IRBO iShares Future AI & Tech ETF | 43.11% | -1.03% |
PBOT Pictet AI & Automation ETF | 26.50% | 0.33% |
Correlation
The correlation between IRBO and PBOT is 0.86, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 16, 2025 | 0.86 |
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Return for Risk
IRBO vs. PBOT — Risk / Return Rank
IRBO
PBOT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IRBO vs. PBOT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Future AI & Tech ETF (IRBO) and Pictet AI & Automation ETF (PBOT). 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.
| IRBO | PBOT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.28 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.64 | — | — |
| Martin ratioReturn relative to average drawdown | 8.49 | — | — |
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Drawdowns
IRBO vs. PBOT - Drawdown Comparison
The maximum IRBO drawdown since its inception was -54.50%, which is greater than PBOT's maximum drawdown of -15.78%. Use the drawdown chart below to compare losses from any high point for IRBO and PBOT.
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Drawdown Indicators
| IRBO | PBOT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.50% | -15.78% | -38.72% |
Max Drawdown (1Y)Largest decline over 1 year | -24.00% | — | — |
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 | -14.61% | -6.04% | -8.57% |
Average DrawdownAverage peak-to-trough decline | -19.68% | -4.52% | -15.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.46% | — | — |
Volatility
IRBO vs. PBOT - Volatility Comparison
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Volatility by Period
| IRBO | PBOT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.41% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 33.09% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 37.42% | 26.96% | +10.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.34% | 26.96% | +3.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.65% | 26.96% | +1.69% |
IRBO vs. PBOT - Expense Ratio Comparison
IRBO has a 0.47% expense ratio, which is lower than PBOT's 0.70% expense ratio.
Dividends
IRBO vs. PBOT - Dividend Comparison
IRBO's dividend yield for the trailing twelve months is around 0.06%, less than PBOT's 0.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
IRBO iShares Future AI & Tech ETF | 0.06% | 0.00% | 0.50% | 0.88% | 0.75% | 2.41% | 0.53% | 0.69% | 0.34% |
PBOT Pictet AI & Automation ETF | 0.08% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IRBO and PBOT have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IRBO is cheaper at 0.47% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IRBO is cheaper with a 0.47% expense ratio, compared with 0.70% for PBOT.
PBOT has the higher dividend yield at 0.08%, compared with 0.06% for IRBO.
They also come from different issuers: iShares and Pictet. Their fees differ too: 0.47% for IRBO and 0.70% for PBOT.
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