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IRBO vs. WTAI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IRBO vs. WTAI

Last updated Aug 4, 2026
Documentation

IRBO (iShares Future AI & Tech ETF) and WTAI (WisdomTree Artificial Intelligence and Innovation Fund) are both Artificial Intelligence funds - IRBO tracks the Morningstar Global Artificial Intelligence Select Index while WTAI tracks the WisdomTree Artificial Intelligence & Innovation Index. Both are passively managed. Over the past 3 years, IRBO returned 28.37%/yr vs 28.96%/yr for WTAI. Their correlation of 0.95 means they have usually moved in the same direction. IRBO charges 0.47%/yr vs 0.45%/yr for WTAI.

Performance

IRBO vs. WTAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Future AI & Tech ETF (IRBO) and WisdomTree Artificial Intelligence and Innovation Fund (WTAI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IRBO achieves a 43.11% return, which is significantly higher than WTAI's 37.13% 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%

WTAI

1D
3.87%
1M
-6.13%
6M
31.19%
YTD
37.13%
1Y
64.95%
3Y*
28.96%
5Y*
—
10Y*
—
ALL TIME*
11.11%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

IRBO

iShares Future AI & Tech ETF
$35.64M$36.90M$59.33M

WTAI

WisdomTree Artificial Intelligence and Innovation Fund
$14.96M$17.61M$14.18M

IRBO vs. WTAI - Yearly Performance Comparison

2026 (YTD)20252024202320222021
IRBO
iShares Future AI & Tech ETF		43.11%29.97%8.02%36.37%-37.89%-4.07%
WTAI
WisdomTree Artificial Intelligence and Innovation Fund		37.13%34.83%6.53%46.32%-42.27%-1.93%

Correlation

The correlation between IRBO and WTAI is 0.94, meaning they have usually moved in the same direction, including during past declines.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.94

Correlation (3Y)
Balances recent behavior with more history.

0.93

Correlation (All Time)
Calculated using the full available price history since Dec 9, 2021

0.95

The correlation between IRBO and WTAI has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.

IRBO vs. WTAI - Sectors Allocation Comparison

Sectors
IRBO
WTAI

Technology

83.8%
71.6%

Communication Services

5.5%
7.2%

Industrials

4.7%
5.6%

Utilities

3.2%
0.9%

Consumer Cyclical

2.9%
8.3%

Real Estate

1.2%

-

Consumer Defensive

0.0%
0.4%

Healthcare

0.0%

-

Basic Materials

-

-

Energy

-

-

Financial Services

-

3.8%

Technology

IRBO
83.8%
WTAI
71.6%

Communication Services

IRBO
5.5%
WTAI
7.2%

Industrials

IRBO
4.7%
WTAI
5.6%

Utilities

IRBO
3.2%
WTAI
0.9%

Consumer Cyclical

IRBO
2.9%
WTAI
8.3%

Real Estate

IRBO
1.2%
WTAI

-

Consumer Defensive

IRBO
0.0%
WTAI
0.4%

Healthcare

IRBO
0.0%
WTAI

-

Basic Materials

IRBO

-

WTAI

-

Energy

IRBO

-

WTAI

-

Financial Services

IRBO

-

WTAI
3.8%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Future AI & Tech ETF

WisdomTree Artificial Intelligence and Innovation Fund

Often compared with IRBO:
IRBO vs. BOTZIRBO vs. ROBOIRBO vs. AIQIRBO vs. ROBTIRBO vs. ARKQIRBO vs. IBOTIRBO vs. IGPT
Often compared with WTAI:
WTAI vs. CHATWTAI vs. BOTZWTAI vs. SMHWTAI vs. VOOWTAI vs. BOTTWTAI vs. HTECWTAI vs. IYW

Return for Risk

IRBO vs. WTAI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
IRBO
IRBO Risk / Return Rank: 6969
Overall Rank
IRBO Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
IRBO Sortino Ratio Rank: 6464
Sortino Ratio Rank
IRBO Omega Ratio Rank: 6565
Omega Ratio Rank
IRBO Calmar Ratio Rank: 7474
Calmar Ratio Rank
IRBO Martin Ratio Rank: 6868
Martin Ratio Rank
WTAI
WTAI Risk / Return Rank: 6969
Overall Rank
WTAI Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
WTAI Sortino Ratio Rank: 6565
Sortino Ratio Rank
WTAI Omega Ratio Rank: 6767
Omega Ratio Rank
WTAI Calmar Ratio Rank: 6666
Calmar Ratio Rank
WTAI Martin Ratio Rank: 7272
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IRBO vs. WTAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Future AI & Tech ETF (IRBO) and WisdomTree Artificial Intelligence and Innovation Fund (WTAI). 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.

IRBOWTAIDifference
Sharpe ratioReturn per unit of total volatility
1.70
1.73

-0.03

Sortino ratioReturn per unit of downside risk
2.18
2.21

-0.03

Omega ratioGain probability vs. loss probability

1.28

1.29

-0.01

Calmar ratioReturn relative to maximum drawdown

2.64

2.36

+0.28

Martin ratioReturn relative to average drawdown

8.49

9.14

-0.65

IRBO vs. WTAI - Sharpe Ratio Comparison

The current IRBO Sharpe Ratio is 1.70, which is comparable to the WTAI Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of IRBO and WTAI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IRBO vs. WTAI - Drawdown Comparison

The maximum IRBO drawdown since its inception was -54.50%, which is greater than WTAI's maximum drawdown of -45.96%. Use the drawdown chart below to compare losses from any high point for IRBO and WTAI.

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Drawdown Indicators

IRBOWTAIDifference

Max Drawdown

Largest peak-to-trough decline

-54.50%

-45.96%

-8.54%

Max Drawdown (1Y)

Largest decline over 1 year

-24.00%

-27.61%

+3.61%

Max Drawdown (3Y)

Largest decline over 3 years

-32.44%

-31.83%

-0.61%

Max Drawdown (5Y)

Largest decline over 5 years

-50.53%

—

—

Current Drawdown

Current decline from peak

-14.61%

-17.35%

+2.74%

Average Drawdown

Average peak-to-trough decline

-19.68%

-19.54%

-0.14%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.46%

7.13%

+0.33%

Volatility

IRBO vs. WTAI - Volatility Comparison

The current volatility for iShares Future AI & Tech ETF (IRBO) is 14.41%, while WisdomTree Artificial Intelligence and Innovation Fund (WTAI) has a volatility of 17.28%. This indicates that IRBO experiences smaller price fluctuations and is considered to be less risky than WTAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IRBOWTAIDifference

Volatility (1M)

Calculated over the trailing 1-month period

14.41%

17.28%

-2.87%

Volatility (6M)

Calculated over the trailing 6-month period

33.09%

33.77%

-0.68%

Volatility (1Y)

Calculated over the trailing 1-year period

37.42%

37.89%

-0.47%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

30.34%

32.74%

-2.40%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

28.65%

32.74%

-4.09%

IRBO vs. WTAI - Expense Ratio Comparison

IRBO has a 0.47% expense ratio, which is higher than WTAI's 0.45% expense ratio.

Dividends

IRBO vs. WTAI - Dividend Comparison

IRBO's dividend yield for the trailing twelve months is around 0.06%, less than WTAI's 1.32% yield.

PositionTTM20252024202320222021202020192018
IRBO
iShares Future AI & Tech ETF		0.06%0.00%0.50%0.88%0.75%2.41%0.53%0.69%0.34%
WTAI
WisdomTree Artificial Intelligence and Innovation Fund		1.32%1.81%0.19%0.24%0.22%0.00%0.00%0.00%0.00%

Frequently Asked Questions

With a correlation of 0.94, IRBO and WTAI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

WTAI has higher volatility (17.28%) compared to IRBO (14.41%). In terms of maximum drawdown, IRBO dropped -54.50% vs WTAI's -45.96%.

On 3-year performance, WTAI leads with 28.96% vs 28.37% for IRBO. On fees, WTAI is cheaper at 0.45% per year. On volatility, IRBO has been the lower-risk option at 14.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, WTAI has performed better with a 28.96% return vs 28.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

WTAI is cheaper with a 0.45% expense ratio, compared with 0.47% for IRBO.

WTAI has the higher dividend yield at 1.32%, compared with 0.06% for IRBO.

IRBO tracks Morningstar Global Artificial Intelligence Select Index, while WTAI tracks WisdomTree Artificial Intelligence & Innovation Index. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.47% for IRBO and 0.45% for WTAI.

WTAI currently has the higher Sharpe Ratio (1.73 vs 1.70), 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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