NUSI vs. IRBO
Compare and contrast key facts about Nationwide Risk-Managed Income ETF (NUSI) and iShares Robotics and Artificial Intelligence Multisector ETF (IRBO).
NUSI and IRBO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NUSI is an actively managed fund by Nationwide. It was launched on Dec 19, 2019. IRBO is a passively managed fund by iShares that tracks the performance of the NYSE FactSet Global Robotics and Artificial Intelligence Index. It was launched on Jun 26, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NUSI or IRBO.
Key characteristics
| NUSI | IRBO |
|---|
Correlation
The correlation between NUSI and IRBO is 0.76, 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
NUSI 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.
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NUSI vs. IRBO - Expense Ratio Comparison
NUSI has a 0.68% expense ratio, which is higher than IRBO's 0.47% expense ratio.
Risk-Adjusted Performance
NUSI vs. IRBO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Risk-Managed Income ETF (NUSI) 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.
Dividends
NUSI vs. IRBO - Dividend Comparison
NUSI's dividend yield for the trailing twelve months is around 7.13%, while IRBO has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
NUSI Nationwide Risk-Managed Income ETF | 7.13% | 7.17% | 9.05% | 7.77% | 7.48% | 0.65% | 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
NUSI vs. IRBO - Drawdown Comparison
Volatility
NUSI vs. IRBO - Volatility Comparison
Nationwide Risk-Managed Income ETF (NUSI) has a higher volatility of 3.65% compared to iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) at 0.00%. This indicates that NUSI'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.