IVRS vs. IBOT
Compare and contrast key facts about iShares Future Metaverse Tech And Communications ETF (IVRS) and VanEck Robotics ETF (IBOT).
IVRS and IBOT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IVRS is a passively managed fund by iShares that tracks the performance of the Morningstar Global Metaverse & Virtual Interaction Select Index - Benchmark TR Net. It was launched on Feb 14, 2023. IBOT is a passively managed fund by VanEck that tracks the performance of the BlueStar® Robotics Index. It was launched on Apr 5, 2023. Both IVRS and IBOT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IVRS or IBOT.
Correlation
The correlation between IVRS and IBOT is 0.83, 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.
Performance
IVRS vs. IBOT - Performance Comparison
Key characteristics
IVRS:
0.42
IBOT:
0.31
IVRS:
0.71
IBOT:
0.57
IVRS:
1.08
IBOT:
1.07
IVRS:
0.70
IBOT:
0.42
IVRS:
2.10
IBOT:
1.08
IVRS:
3.52%
IBOT:
5.91%
IVRS:
17.51%
IBOT:
20.68%
IVRS:
-13.50%
IBOT:
-19.16%
IVRS:
-5.85%
IBOT:
-10.16%
Returns By Period
IVRS
0.00%
-2.41%
6.36%
7.39%
N/A
N/A
IBOT
0.00%
-3.14%
-6.34%
6.40%
N/A
N/A
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IVRS vs. IBOT - Expense Ratio Comparison
Both IVRS and IBOT have an expense ratio of 0.47%.
Risk-Adjusted Performance
IVRS vs. IBOT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Future Metaverse Tech And Communications ETF (IVRS) and VanEck Robotics ETF (IBOT). 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.
Dividends
IVRS vs. IBOT - Dividend Comparison
IVRS's dividend yield for the trailing twelve months is around 6.65%, more than IBOT's 2.81% yield.
| TTM | 2023 | |
|---|---|---|
IVRS iShares Future Metaverse Tech And Communications ETF | 6.65% | 0.48% |
IBOT VanEck Robotics ETF | 2.81% | 2.06% |
Drawdowns
IVRS vs. IBOT - Drawdown Comparison
The maximum IVRS drawdown since its inception was -13.50%, smaller than the maximum IBOT drawdown of -19.16%. Use the drawdown chart below to compare losses from any high point for IVRS and IBOT. For additional features, visit the drawdowns tool.
Volatility
IVRS vs. IBOT - Volatility Comparison
iShares Future Metaverse Tech And Communications ETF (IVRS) has a higher volatility of 5.16% compared to VanEck Robotics ETF (IBOT) at 4.25%. This indicates that IVRS's price experiences larger fluctuations and is considered to be riskier than IBOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.