IRBO vs. USOY
IRBO (iShares Robotics and Artificial Intelligence Multisector ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both exchange-traded funds - IRBO is a Robotics fund tracking the NYSE FactSet Global Robotics and Artificial Intelligence Index, while USOY is a Derivative Income fund actively managed by Defiance. IRBO is passively managed, while USOY is actively managed. Over the past year, IRBO returned 106.59% vs 57.29% for USOY. At a correlation of -0.03, they often move in opposite directions. IRBO charges 0.47%/yr vs 1.22%/yr for USOY.
Performance
IRBO vs. USOY - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with IRBO having a 62.72% return and USOY slightly lower at 62.18%.
IRBO
- 1D
- -2.02%
- 1M
- 20.25%
- YTD
- 62.72%
- 6M
- 59.32%
- 1Y
- 106.59%
- 3Y*
- 35.80%
- 5Y*
- 13.66%
- 10Y*
- —
USOY
- 1D
- 1.45%
- 1M
- -3.43%
- YTD
- 62.18%
- 6M
- 59.35%
- 1Y
- 57.29%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IRBO vs. USOY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IRBO iShares Robotics and Artificial Intelligence Multisector ETF | 62.72% | 29.97% | 11.58% |
USOY Defiance Oil Enhanced Options Income ETF | 62.18% | -7.93% | 7.27% |
Correlation
The correlation between IRBO and USOY is -0.20, 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 | -0.20 |
Correlation (All Time) Calculated using the full available price history since May 13, 2024 | -0.03 |
The correlation between IRBO and USOY shifts across timeframes, from -0.20 (1 year) to -0.03 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IRBO vs. USOY — Risk / Return Rank
IRBO
USOY
IRBO vs. USOY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) and Defiance Oil Enhanced Options Income ETF (USOY). 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 | USOY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.68 | ||
| Sortino ratioReturn per unit of downside risk | +1.67 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.35 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 5.70 | 4.03 | +1.67 |
| Martin ratioReturn relative to average drawdown | 19.78 | 7.74 | +12.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IRBO | USOY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.57 | 1.89 | +1.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.99 | -0.37 |
Drawdowns
IRBO vs. USOY - Drawdown Comparison
The maximum IRBO drawdown since its inception was -54.50%, which is greater than USOY's maximum drawdown of -17.46%. Use the drawdown chart below to compare losses from any high point for IRBO and USOY.
Loading charts...
Drawdown Indicators
| IRBO | USOY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.50% | -17.46% | -37.04% |
Max Drawdown (1Y)Largest decline over 1 year | -18.81% | -14.29% | -4.52% |
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 | -2.91% | -5.11% | +2.20% |
Average DrawdownAverage peak-to-trough decline | -19.84% | -6.47% | -13.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.41% | 7.42% | -2.01% |
Volatility
IRBO vs. USOY - Volatility Comparison
iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) has a higher volatility of 12.28% compared to Defiance Oil Enhanced Options Income ETF (USOY) at 11.62%. This indicates that IRBO's price experiences larger fluctuations and is considered to be riskier than USOY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IRBO | USOY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.28% | 11.62% | +0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 25.22% | 27.18% | -1.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.01% | 30.44% | -0.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.60% | 26.13% | +2.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.75% | 26.13% | +1.62% |
IRBO vs. USOY - Expense Ratio Comparison
IRBO has a 0.47% expense ratio, which is lower than USOY's 1.22% expense ratio.
Dividends
IRBO vs. USOY - Dividend Comparison
IRBO has not paid dividends to shareholders, while USOY's dividend yield for the trailing twelve months is around 54.16%.
| 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% |
USOY Defiance Oil Enhanced Options Income ETF | 54.16% | 104.32% | 48.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IRBO and USOY have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IRBO has higher volatility (12.28%) compared to USOY (11.62%). In terms of maximum drawdown, IRBO dropped -54.50% vs USOY's -17.46%.
On 1-year performance, IRBO leads with 106.59% vs 57.29% for USOY. On fees, IRBO is cheaper at 0.47% per year. On volatility, USOY has been the lower-risk option at 11.62%. 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 106.59% return vs 57.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IRBO is cheaper with a 0.47% expense ratio, compared with 1.22% for USOY.
USOY has the higher dividend yield at 54.16%, compared with 0.00% for IRBO.
IRBO is categorized as Robotics, while USOY is Derivative Income. They also come from different issuers: iShares and Defiance. Their fees differ too: 0.47% for IRBO and 1.22% for USOY.
IRBO currently has the higher Sharpe Ratio (3.57 vs 1.89), 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.
Find the right allocation for IRBO and USOY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer