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IRBO vs. ROBT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IRBO and ROBT is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

IRBO vs. ROBT - Performance Comparison

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

30.00%40.00%50.00%60.00%70.00%JulyAugustSeptemberOctoberNovemberDecember
48.79%
58.26%
IRBO
ROBT

Key characteristics

Returns By Period


IRBO

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

ROBT

YTD

0.03%

1M

-0.26%

6M

8.36%

1Y

0.36%

5Y*

6.06%

10Y*

N/A

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IRBO vs. ROBT - Expense Ratio Comparison

IRBO has a 0.47% expense ratio, which is lower than ROBT's 0.65% expense ratio.


ROBT
First Trust Nasdaq Artificial Intelligence & Robotics ETF
Expense ratio chart for ROBT: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%
Expense ratio chart for IRBO: current value at 0.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.47%

Risk-Adjusted Performance

IRBO vs. ROBT - Risk-Adjusted Performance Comparison

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


Sharpe ratio
The chart of Sharpe ratio for IRBO, currently valued at -0.07, compared to the broader market0.002.004.00-0.070.10
The chart of Sortino ratio for IRBO, currently valued at 0.03, compared to the broader market-2.000.002.004.006.008.0010.000.030.27
The chart of Omega ratio for IRBO, currently valued at 1.00, compared to the broader market0.501.001.502.002.503.001.001.03
The chart of Calmar ratio for IRBO, currently valued at -0.03, compared to the broader market0.005.0010.0015.00-0.030.06
The chart of Martin ratio for IRBO, currently valued at -0.23, compared to the broader market0.0020.0040.0060.0080.00100.00-0.230.31
IRBO
ROBT


Rolling 12-month Sharpe Ratio-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
-0.07
0.10
IRBO
ROBT

Dividends

IRBO vs. ROBT - Dividend Comparison

IRBO has not paid dividends to shareholders, while ROBT's dividend yield for the trailing twelve months is around 0.25%.


TTM202320222021202020192018
IRBO
iShares Robotics and Artificial Intelligence Multisector ETF
0.35%0.62%0.13%1.14%0.53%0.69%0.34%
ROBT
First Trust Nasdaq Artificial Intelligence & Robotics ETF
0.18%0.24%0.36%0.06%0.17%0.42%0.44%

Drawdowns

IRBO vs. ROBT - Drawdown Comparison


-40.00%-35.00%-30.00%-25.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-32.91%
-22.67%
IRBO
ROBT

Volatility

IRBO vs. ROBT - Volatility Comparison

The current volatility for iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) is 0.00%, while First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) has a volatility of 6.89%. This indicates that IRBO experiences smaller price fluctuations and is considered to be less risky than ROBT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember0
6.89%
IRBO
ROBT
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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