IRBO vs. SGOV
IRBO (iShares Robotics and Artificial Intelligence Multisector ETF) and SGOV (iShares 0-3 Month Treasury Bond ETF) are both exchange-traded funds - IRBO is a Robotics fund tracking the NYSE FactSet Global Robotics and Artificial Intelligence Index, while SGOV is a Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Both are passively managed. Over the past 5 years, IRBO returned 14.13%/yr vs 3.54%/yr for SGOV. At a correlation of -0.00, they often move in opposite directions. IRBO charges 0.47%/yr vs 0.09%/yr for SGOV.
Performance
IRBO vs. SGOV - 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 SGOV's 1.51% return.
IRBO
- 1D
- -0.90%
- 1M
- 26.10%
- YTD
- 66.09%
- 6M
- 63.47%
- 1Y
- 112.42%
- 3Y*
- 36.54%
- 5Y*
- 14.13%
- 10Y*
- —
SGOV
- 1D
- 0.01%
- 1M
- 0.29%
- YTD
- 1.51%
- 6M
- 1.80%
- 1Y
- 3.95%
- 3Y*
- 4.72%
- 5Y*
- 3.54%
- 10Y*
- —
IRBO vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IRBO iShares Robotics and Artificial Intelligence Multisector ETF | 66.09% | 29.97% | 8.02% | 36.37% | -37.89% | 6.32% | 47.05% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.51% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.05% |
Correlation
The correlation between IRBO and SGOV is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since May 29, 2020 | -0.00 |
The correlation between IRBO and SGOV shifts across timeframes, from -0.15 (1 year) to 0.01 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
IRBO vs. SGOV — Risk / Return Rank
IRBO
SGOV
IRBO vs. SGOV - 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 0-3 Month Treasury Bond ETF (SGOV). 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 | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -16.50 | ||
| Sortino ratioReturn per unit of downside risk | -271.55 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 195.55 | -194.01 |
| Calmar ratioReturn relative to maximum drawdown | 6.01 | 398.20 | -392.19 |
| Martin ratioReturn relative to average drawdown | 20.88 | 4,462.00 | -4,441.12 |
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 | SGOV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.78 | 20.28 | -16.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 14.73 | -14.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 12.48 | -11.85 |
Drawdowns
IRBO vs. SGOV - Drawdown Comparison
The maximum IRBO drawdown since its inception was -54.50%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for IRBO and SGOV.
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Drawdown Indicators
| IRBO | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.50% | -0.03% | -54.47% |
Max Drawdown (1Y)Largest decline over 1 year | -18.81% | -0.01% | -18.80% |
Max Drawdown (3Y)Largest decline over 3 years | -32.44% | -0.01% | -32.43% |
Max Drawdown (5Y)Largest decline over 5 years | -50.53% | -0.03% | -50.50% |
Current DrawdownCurrent decline from peak | -0.90% | 0.00% | -0.90% |
Average DrawdownAverage peak-to-trough decline | -19.85% | -0.00% | -19.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.40% | 0.00% | +5.40% |
Volatility
IRBO vs. SGOV - Volatility Comparison
iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) has a higher volatility of 12.01% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that IRBO's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IRBO | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.01% | 0.05% | +11.96% |
Volatility (6M)Calculated over the trailing 6-month period | 25.12% | 0.13% | +24.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.94% | 0.20% | +29.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.58% | 0.24% | +28.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.75% | 0.24% | +27.51% |
IRBO vs. SGOV - Expense Ratio Comparison
IRBO has a 0.47% expense ratio, which is higher than SGOV's 0.09% expense ratio.
Dividends
IRBO vs. SGOV - Dividend Comparison
IRBO has not paid dividends to shareholders, while SGOV's dividend yield for the trailing twelve months is around 3.86%.
| Position | 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% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.86% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% |
Frequently Asked Questions
IRBO and SGOV have a correlation of -0.15, 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 SGOV (0.05%). In terms of maximum drawdown, IRBO dropped -54.50% vs SGOV's -0.03%.
On 5-year performance, IRBO leads with 14.13% vs 3.54% for SGOV. On fees, SGOV is cheaper at 0.09% per year. On volatility, SGOV has been the lower-risk option at 0.05%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IRBO has performed better with a 14.13% return vs 3.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SGOV is cheaper with a 0.09% expense ratio, compared with 0.47% for IRBO.
SGOV has the higher dividend yield at 3.86%, compared with 0.00% for IRBO.
IRBO is categorized as Robotics, while SGOV is Ultrashort Bond. IRBO tracks NYSE FactSet Global Robotics and Artificial Intelligence Index, while SGOV tracks ICE 0-3 Month US Treasury Securities Index. Their fees differ too: 0.47% for IRBO and 0.09% for SGOV.
SGOV currently has the higher Sharpe Ratio (20.28 vs 3.78), 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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