IRBO vs. RBTX.L

Last updated Jun 24, 2026

IRBO (iShares Future AI & Tech ETF) and RBTX.L (iShares Automation & Robotics UCITS ETF) are both Robotics funds from iShares - IRBO tracks the Morningstar Global Artificial Intelligence Select Index while RBTX.L tracks the iSTOXX® FactSet Automation & Robotics. Both are passively managed. Over the past 5 years, IRBO returned 11.69%/yr vs 10.23%/yr for RBTX.L. A 0.69 correlation means they provide meaningful diversification when combined. IRBO charges 0.47%/yr vs 0.40%/yr for RBTX.L.

Performance

IRBO vs. RBTX.L - Performance Comparison

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

Different Trading Currencies

IRBO is traded in USD, while RBTX.L is traded in GBp. To make them comparable, the RBTX.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, IRBO achieves a 54.55% return, which is significantly higher than RBTX.L's 28.80% return.

IRBO

• 1D: -6.30%
• 1M: 8.26%
• YTD: 54.55%
• 6M: 54.11%
• 1Y: 93.11%
• 3Y*: 33.04%
• 5Y*: 11.69%
• 10Y*: —

RBTX.L

• 1D: -4.06%
• 1M: 2.44%
• YTD: 28.80%
• 6M: 28.77%
• 1Y: 46.05%
• 3Y*: 22.01%
• 5Y*: 10.23%
• 10Y*: —

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

IRBO vs. RBTX.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
IRBO iShares Future AI & Tech ETF	54.55%	29.97%	8.02%	36.37%	-37.89%	6.32%	48.85%	34.47%	-13.76%
RBTX.L iShares Automation & Robotics UCITS ETF	28.80%	17.41%	5.72%	39.02%	-34.40%	21.16%	39.22%	37.84%	-17.26%

Correlation

The correlation between IRBO and RBTX.L is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (All Time) Calculated using the full available price history since Jun 28, 2018	0.69

The correlation between IRBO and RBTX.L has been stable across timeframes, ranging from 0.67 to 0.73 - a consistent structural relationship.

IRBO vs. RBTX.L - Sectors Allocation Comparison

Sectors	IRBO	RBTX.L
Technology	83.8%	73.1%
Communication Services	5.5%	0.1%
Industrials	4.7%	23.7%
Utilities	3.2%	-
Consumer Cyclical	2.9%	0.5%
Real Estate	1.2%	-
Consumer Defensive	0.0%	-
Healthcare	0.0%	2.6%
Basic Materials	-	0.0%
Energy	-	-
Financial Services	-	-

Return for Risk

IRBO vs. RBTX.L — Risk / Return Rank

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

IRBO

IRBO Risk / Return Rank: 81
IRBO Sharpe Ratio Rank: 88
IRBO Sortino Ratio Rank: 71
IRBO Omega Ratio Rank: 76
IRBO Calmar Ratio Rank: 88
IRBO Martin Ratio Rank: 83

RBTX.L

RBTX.L Risk / Return Rank: 70
RBTX.L Sharpe Ratio Rank: 73
RBTX.L Sortino Ratio Rank: 71
RBTX.L Omega Ratio Rank: 67
RBTX.L Calmar Ratio Rank: 77
RBTX.L Martin Ratio Rank: 64

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. RBTX.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Future AI & Tech ETF (IRBO) and iShares Automation & Robotics UCITS ETF (RBTX.L). 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	RBTX.L	Difference
Sharpe ratio: Return per unit of total volatility	2.74	1.93	+0.81
Sortino ratio: Return per unit of downside risk	3.07	2.73	+0.34
Omega ratio: Gain probability vs. loss probability	1.42	1.33	+0.09
Calmar ratio: Return relative to maximum drawdown	4.98	2.98	+1.99
Martin ratio: Return relative to average drawdown	16.28	10.09	+6.19

IRBO vs. RBTX.L - Sharpe Ratio Comparison

The current IRBO Sharpe Ratio is 2.74, which is higher than the RBTX.L Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of IRBO and RBTX.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IRBO vs. RBTX.L - Drawdown Comparison

The maximum IRBO drawdown since its inception was -54.50%, which is greater than RBTX.L's maximum drawdown of -44.44%. Use the drawdown chart below to compare losses from any high point for IRBO and RBTX.L.

Drawdown Indicators

	IRBO	RBTX.L	Difference
Max Drawdown Largest peak-to-trough decline	-54.50%	-44.44%	-10.06%
Max Drawdown (1Y) Largest decline over 1 year	-18.81%	-15.36%	-3.45%
Max Drawdown (3Y) Largest decline over 3 years	-32.44%	-24.96%	-7.48%
Max Drawdown (5Y) Largest decline over 5 years	-50.53%	-44.44%	-6.09%
Current Drawdown Current decline from peak	-7.78%	-4.06%	-3.72%
Average Drawdown Average peak-to-trough decline	-19.76%	-12.09%	-7.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.74%	4.55%	+1.19%

Volatility

IRBO vs. RBTX.L - Volatility Comparison

iShares Future AI & Tech ETF (IRBO) has a higher volatility of 19.32% compared to iShares Automation & Robotics UCITS ETF (RBTX.L) at 9.39%. This indicates that IRBO's price experiences larger fluctuations and is considered to be riskier than RBTX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IRBO	RBTX.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.32%	9.39%	+9.93%
Volatility (6M) Calculated over the trailing 6-month period	30.00%	19.67%	+10.33%
Volatility (1Y) Calculated over the trailing 1-year period	34.22%	23.80%	+10.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.57%	27.22%	+2.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.30%	25.72%	+2.58%

IRBO vs. RBTX.L - Expense Ratio Comparison

IRBO has a 0.47% expense ratio, which is higher than RBTX.L's 0.40% expense ratio.

Dividends

IRBO vs. RBTX.L - Dividend Comparison

IRBO's dividend yield for the trailing twelve months is around 0.06%, while RBTX.L has not paid dividends to shareholders.

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%
RBTX.L iShares Automation & Robotics UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IRBO and RBTX.L in my portfolio?

IRBO and RBTX.L have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IRBO or RBTX.L?

On fees, RBTX.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IRBO or RBTX.L?

RBTX.L is cheaper with a 0.40% expense ratio, compared with 0.47% for IRBO.

What is the main difference between IRBO and RBTX.L?

IRBO tracks Morningstar Global Artificial Intelligence Select Index, while RBTX.L tracks iSTOXX® FactSet Automation & Robotics. Their fees differ too: 0.47% for IRBO and 0.40% for RBTX.L.