IROB.DE vs. AYEW.DE
IROB.DE (L&G ROBO Global Robotics and Automation UCITS ETF) and AYEW.DE (iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist)) are both Technology Equities funds - IROB.DE tracks the ROBO-STOX® Global Robotics and Automation while AYEW.DE tracks the MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped. Both are passively managed. Over the past 5 years, IROB.DE returned 6.23%/yr vs 19.04%/yr for AYEW.DE. Their correlation of 0.80 suggests significant overlap in exposure. IROB.DE charges 0.80%/yr vs 0.18%/yr for AYEW.DE.
Performance
IROB.DE vs. AYEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IROB.DE achieves a 22.94% return, which is significantly higher than AYEW.DE's 20.15% return.
IROB.DE
- 1D
- -0.03%
- 1M
- -5.53%
- YTD
- 22.94%
- 6M
- 23.66%
- 1Y
- 47.14%
- 3Y*
- 12.43%
- 5Y*
- 6.23%
- 10Y*
- 13.48%
AYEW.DE
- 1D
- -1.30%
- 1M
- 0.73%
- YTD
- 20.15%
- 6M
- 20.48%
- 1Y
- 38.08%
- 3Y*
- 26.93%
- 5Y*
- 19.04%
- 10Y*
- —
IROB.DE vs. AYEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IROB.DE L&G ROBO Global Robotics and Automation UCITS ETF | 22.94% | 10.23% | 4.16% | 20.99% | -30.11% | 26.22% | 31.63% | 8.29% |
AYEW.DE iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) | 20.15% | 9.71% | 33.71% | 55.81% | -29.73% | 41.85% | 31.02% | 11.45% |
Correlation
The correlation between IROB.DE and AYEW.DE 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 | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2019 | 0.80 |
The correlation between IROB.DE and AYEW.DE has been stable across timeframes, ranging from 0.73 to 0.80 - a consistent structural relationship.
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Return for Risk
IROB.DE vs. AYEW.DE — Risk / Return Rank
IROB.DE
AYEW.DE
IROB.DE vs. AYEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G ROBO Global Robotics and Automation UCITS ETF (IROB.DE) and iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.DE). 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.
| IROB.DE | AYEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.30 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.43 | 2.53 | +0.90 |
| Martin ratioReturn relative to average drawdown | 12.11 | 6.56 | +5.55 |
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Drawdowns
IROB.DE vs. AYEW.DE - Drawdown Comparison
The maximum IROB.DE drawdown since its inception was -36.51%, which is greater than AYEW.DE's maximum drawdown of -31.30%. Use the drawdown chart below to compare losses from any high point for IROB.DE and AYEW.DE.
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Drawdown Indicators
| IROB.DE | AYEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.51% | -31.30% | -5.21% |
Max Drawdown (1Y)Largest decline over 1 year | -13.67% | -14.98% | +1.31% |
Max Drawdown (3Y)Largest decline over 3 years | -31.95% | -28.96% | -2.99% |
Max Drawdown (5Y)Largest decline over 5 years | -36.51% | -30.17% | -6.34% |
Max Drawdown (10Y)Largest decline over 10 years | -36.51% | — | — |
Current DrawdownCurrent decline from peak | -5.87% | -5.60% | -0.27% |
Average DrawdownAverage peak-to-trough decline | -11.42% | -7.71% | -3.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.88% | 5.79% | -1.91% |
Volatility
IROB.DE vs. AYEW.DE - Volatility Comparison
The current volatility for L&G ROBO Global Robotics and Automation UCITS ETF (IROB.DE) is 7.79%, while iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.DE) has a volatility of 8.20%. This indicates that IROB.DE experiences smaller price fluctuations and is considered to be less risky than AYEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IROB.DE | AYEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.79% | 8.20% | -0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 17.88% | 15.95% | +1.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.82% | 20.96% | +1.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.37% | 22.95% | -1.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.08% | 23.54% | -2.46% |
IROB.DE vs. AYEW.DE - Expense Ratio Comparison
IROB.DE has a 0.80% expense ratio, which is higher than AYEW.DE's 0.18% expense ratio.
Dividends
IROB.DE vs. AYEW.DE - Dividend Comparison
IROB.DE has not paid dividends to shareholders, while AYEW.DE's dividend yield for the trailing twelve months is around 0.26%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
AYEW.DE iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) | 0.26% | 0.31% | 0.38% | 0.46% | 0.82% | 0.40% | 0.65% | 0.12% |
IROB.DE L&G ROBO Global Robotics and Automation UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IROB.DE and AYEW.DE 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.
On fees, AYEW.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AYEW.DE is cheaper with a 0.18% expense ratio, compared with 0.80% for IROB.DE.
IROB.DE tracks ROBO-STOX® Global Robotics and Automation, while AYEW.DE tracks MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped. They also come from different issuers: Legal & General and iShares. Their fees differ too: 0.80% for IROB.DE and 0.18% for AYEW.DE.
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