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METV vs. IRBO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


METVIRBO

Correlation

-0.50.00.51.00.9

The correlation between METV and IRBO is 0.91, 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

METV vs. IRBO - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
15.61%
-0.51%
METV
IRBO

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METV vs. IRBO - Expense Ratio Comparison

METV has a 0.75% expense ratio, which is higher than IRBO's 0.47% expense ratio.


METV
Roundhill Ball Metaverse ETF
Expense ratio chart for METV: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for IRBO: current value at 0.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.47%

Risk-Adjusted Performance

METV vs. IRBO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Ball Metaverse ETF (METV) and iShares Robotics and Artificial Intelligence Multisector 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.


METV
Sharpe ratio
The chart of Sharpe ratio for METV, currently valued at 1.84, compared to the broader market-2.000.002.004.001.84
Sortino ratio
The chart of Sortino ratio for METV, currently valued at 2.52, compared to the broader market-2.000.002.004.006.008.0010.0012.002.52
Omega ratio
The chart of Omega ratio for METV, currently valued at 1.31, compared to the broader market1.001.502.002.503.001.31
Calmar ratio
The chart of Calmar ratio for METV, currently valued at 0.93, compared to the broader market0.005.0010.0015.000.93
Martin ratio
The chart of Martin ratio for METV, currently valued at 8.87, compared to the broader market0.0020.0040.0060.0080.00100.008.87
IRBO
Sharpe ratio
The chart of Sharpe ratio for IRBO, currently valued at 0.45, compared to the broader market-2.000.002.004.000.45
Sortino ratio
The chart of Sortino ratio for IRBO, currently valued at 0.74, compared to the broader market-2.000.002.004.006.008.0010.0012.000.74
Omega ratio
The chart of Omega ratio for IRBO, currently valued at 1.10, compared to the broader market1.001.502.002.503.001.10
Calmar ratio
The chart of Calmar ratio for IRBO, currently valued at 0.25, compared to the broader market0.005.0010.0015.000.25
Martin ratio
The chart of Martin ratio for IRBO, currently valued at 1.77, compared to the broader market0.0020.0040.0060.0080.00100.001.78

METV vs. IRBO - Sharpe Ratio Comparison


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.84
0.45
METV
IRBO

Dividends

METV vs. IRBO - Dividend Comparison

METV's dividend yield for the trailing twelve months is around 0.14%, while IRBO has not paid dividends to shareholders.


TTM202320222021202020192018
METV
Roundhill Ball Metaverse ETF
0.14%0.17%0.08%0.00%0.00%0.00%0.00%
IRBO
iShares Robotics and Artificial Intelligence Multisector ETF
0.54%0.62%0.13%1.14%0.53%0.69%0.34%

Drawdowns

METV vs. IRBO - Drawdown Comparison


-30.00%-25.00%-20.00%-15.00%JuneJulyAugustSeptemberOctoberNovember
-16.95%
-27.05%
METV
IRBO

Volatility

METV vs. IRBO - Volatility Comparison

Roundhill Ball Metaverse ETF (METV) has a higher volatility of 5.42% compared to iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) at 0.00%. This indicates that METV's price experiences larger fluctuations and is considered to be riskier than IRBO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.42%
0
METV
IRBO