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KOMP vs. IRBO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

KOMP vs. IRBO

Last updated Aug 2, 2026
Documentation

KOMP (SPDR S&P Kensho New Economies Composite ETF) and IRBO (iShares Future AI & Tech ETF) are both exchange-traded funds - KOMP is a Mid Cap Growth Equities fund tracking the S&P Kensho New Economies Composite Index, while IRBO is a Artificial Intelligence fund tracking the Morningstar Global Artificial Intelligence Select Index. Both are passively managed. Over the past 5 years, KOMP returned 2.00%/yr vs 9.92%/yr for IRBO. Their correlation of 0.87 means they have usually moved in the same direction. KOMP charges 0.20%/yr vs 0.47%/yr for IRBO.

Performance

KOMP vs. IRBO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Kensho New Economies Composite ETF (KOMP) and iShares Future AI & Tech ETF (IRBO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, KOMP achieves a 10.19% return, which is significantly lower than IRBO's 38.42% return.

KOMP

1D
-0.09%
1M
-5.47%
6M
4.39%
YTD
10.19%
1Y
21.97%
3Y*
13.12%
5Y*
2.00%
10Y*
—
ALL TIME*
12.11%

IRBO

1D
0.60%
1M
-6.25%
6M
29.47%
YTD
38.42%
1Y
57.81%
3Y*
25.12%
5Y*
9.92%
10Y*
—
ALL TIME*
14.64%
*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
$36.04M$40.00M$59.74M

KOMP

SPDR S&P Kensho New Economies Composite ETF
$3.68M$4.72M$6.88M

KOMP vs. IRBO - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
KOMP
SPDR S&P Kensho New Economies Composite ETF		10.19%19.74%10.05%20.09%-32.21%3.67%61.28%37.12%-10.32%
IRBO
iShares Future AI & Tech ETF		38.42%29.97%8.02%36.37%-37.89%6.32%48.85%34.47%-8.87%

Correlation

The correlation between KOMP and IRBO is 0.80, 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.

0.80

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

0.81

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.87

Correlation (All Time)
Calculated using the full available price history since Oct 23, 2018

0.87

The correlation between KOMP and IRBO has been stable across timeframes, ranging from 0.80 to 0.87 - a consistent structural relationship.

KOMP vs. IRBO - Sectors Allocation Comparison

Sectors
KOMP
IRBO

Technology

38.9%
83.8%

Industrials

25.7%
4.7%

Healthcare

12.9%
0.0%

Consumer Cyclical

6.0%
2.9%

Communication Services

4.2%
5.5%

Financial Services

4.0%

-

Utilities

3.6%
3.2%

Basic Materials

3.0%

-

Energy

1.3%

-

Consumer Defensive

0.5%
0.0%

Real Estate

-

1.2%

Technology

KOMP
38.9%
IRBO
83.8%

Industrials

KOMP
25.7%
IRBO
4.7%

Healthcare

KOMP
12.9%
IRBO
0.0%

Consumer Cyclical

KOMP
6.0%
IRBO
2.9%

Communication Services

KOMP
4.2%
IRBO
5.5%

Financial Services

KOMP
4.0%
IRBO

-

Utilities

KOMP
3.6%
IRBO
3.2%

Basic Materials

KOMP
3.0%
IRBO

-

Energy

KOMP
1.3%
IRBO

-

Consumer Defensive

KOMP
0.5%
IRBO
0.0%

Real Estate

KOMP

-

IRBO
1.2%

Compare stocks, funds, or ETFs

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

SPDR S&P Kensho New Economies Composite ETF

iShares Future AI & Tech ETF

Often compared with KOMP:
KOMP vs. XTKOMP vs. BOTZKOMP vs. PAVEKOMP vs. MOONKOMP vs. GINNKOMP vs. VGTKOMP vs. VTI
Often compared with IRBO:
IRBO vs. BOTZIRBO vs. ROBOIRBO vs. AIQIRBO vs. ROBTIRBO vs. ARKQIRBO vs. IBOTIRBO vs. IGPT

Return for Risk

KOMP vs. IRBO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
KOMP
KOMP Risk / Return Rank: 3333
Overall Rank
KOMP Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
KOMP Sortino Ratio Rank: 3131
Sortino Ratio Rank
KOMP Omega Ratio Rank: 3030
Omega Ratio Rank
KOMP Calmar Ratio Rank: 3636
Calmar Ratio Rank
KOMP Martin Ratio Rank: 3434
Martin Ratio Rank
IRBO
IRBO Risk / Return Rank: 6060
Overall Rank
IRBO Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
IRBO Sortino Ratio Rank: 5656
Sortino Ratio Rank
IRBO Omega Ratio Rank: 5757
Omega Ratio Rank
IRBO Calmar Ratio Rank: 6565
Calmar Ratio Rank
IRBO Martin Ratio Rank: 6161
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.

KOMP vs. IRBO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho New Economies Composite ETF (KOMP) and iShares Future AI & Tech ETF (IRBO). 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.

KOMPIRBODifference
Sharpe ratioReturn per unit of total volatility
0.76
1.44

-0.68

Sortino ratioReturn per unit of downside risk
1.18
1.93

-0.75

Omega ratioGain probability vs. loss probability

1.14

1.25

-0.10

Calmar ratioReturn relative to maximum drawdown

1.27

2.24

-0.97

Martin ratioReturn relative to average drawdown

3.28

7.25

-3.97

KOMP vs. IRBO - Sharpe Ratio Comparison

The current KOMP Sharpe Ratio is 0.76, which is lower than the IRBO Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of KOMP and IRBO, 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

KOMP vs. IRBO - Drawdown Comparison

The maximum KOMP drawdown since its inception was -50.06%, smaller than the maximum IRBO drawdown of -54.50%. Use the drawdown chart below to compare losses from any high point for KOMP and IRBO.

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Drawdown Indicators

KOMPIRBODifference

Max Drawdown

Largest peak-to-trough decline

-50.06%

-54.50%

+4.44%

Max Drawdown (1Y)

Largest decline over 1 year

-15.57%

-24.00%

+8.43%

Max Drawdown (3Y)

Largest decline over 3 years

-24.93%

-32.44%

+7.51%

Max Drawdown (5Y)

Largest decline over 5 years

-45.38%

-50.53%

+5.15%

Current Drawdown

Current decline from peak

-12.68%

-17.41%

+4.73%

Average Drawdown

Average peak-to-trough decline

-21.42%

-19.68%

-1.74%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.01%

7.42%

-1.41%

Volatility

KOMP vs. IRBO - Volatility Comparison

The current volatility for SPDR S&P Kensho New Economies Composite ETF (KOMP) is 7.89%, while iShares Future AI & Tech ETF (IRBO) has a volatility of 14.17%. This indicates that KOMP experiences smaller price fluctuations and is considered to be less risky than IRBO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

KOMPIRBODifference

Volatility (1M)

Calculated over the trailing 1-month period

7.89%

14.17%

-6.28%

Volatility (6M)

Calculated over the trailing 6-month period

20.56%

33.16%

-12.60%

Volatility (1Y)

Calculated over the trailing 1-year period

25.79%

37.34%

-11.55%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.22%

30.29%

-5.07%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.12%

28.64%

-1.52%

KOMP vs. IRBO - Expense Ratio Comparison

KOMP has a 0.20% expense ratio, which is lower than IRBO's 0.47% expense ratio.

Dividends

KOMP vs. IRBO - Dividend Comparison

KOMP's dividend yield for the trailing twelve months is around 1.58%, more than IRBO's 0.07% yield.

PositionTTM20252024202320222021202020192018
IRBO
iShares Future AI & Tech ETF		0.07%0.00%0.50%0.88%0.75%2.41%0.53%0.69%0.34%
KOMP
SPDR S&P Kensho New Economies Composite ETF		1.58%1.84%1.04%1.27%1.47%1.44%0.69%0.81%0.13%

Frequently Asked Questions

KOMP and IRBO have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IRBO has higher volatility (14.17%) compared to KOMP (7.89%). In terms of maximum drawdown, KOMP dropped -50.06% vs IRBO's -54.50%.

On 5-year performance, IRBO leads with 9.92% vs 2.00% for KOMP. On fees, KOMP is cheaper at 0.20% per year. On volatility, KOMP has been the lower-risk option at 7.89%. 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 9.92% return vs 2.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

KOMP is cheaper with a 0.20% expense ratio, compared with 0.47% for IRBO.

KOMP has the higher dividend yield at 1.58%, compared with 0.07% for IRBO.

KOMP is categorized as Mid Cap Growth Equities, while IRBO is Artificial Intelligence. KOMP tracks S&P Kensho New Economies Composite Index, while IRBO tracks Morningstar Global Artificial Intelligence Select Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.20% for KOMP and 0.47% for IRBO.

IRBO currently has the higher Sharpe Ratio (1.44 vs 0.76), 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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