NWH-UN.TO vs. IRBO
Compare and contrast key facts about NorthWest Healthcare Properties Real Estate Investment Trust (NWH-UN.TO) and iShares Robotics and Artificial Intelligence Multisector ETF (IRBO).
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: NWH-UN.TO or IRBO.
Key characteristics
| NWH-UN.TO | IRBO | |
|---|---|---|
| YTD Return | 4.80% | 0.12% |
| 1Y Return | -26.53% | 17.00% |
| 3Y Return (Ann) | -20.85% | -3.86% |
| 5Y Return (Ann) | -8.62% | 8.81% |
| Sharpe Ratio | -0.68 | 0.95 |
| Daily Std Dev | 39.20% | 19.97% |
| Max Drawdown | -68.61% | -54.50% |
| Current Drawdown | -56.26% | -30.27% |
Correlation
The correlation between NWH-UN.TO and IRBO is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NWH-UN.TO vs. IRBO - Performance Comparison
In the year-to-date period, NWH-UN.TO achieves a 4.80% return, which is significantly higher than IRBO's 0.12% return. 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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Risk-Adjusted Performance
NWH-UN.TO vs. IRBO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NorthWest Healthcare Properties Real Estate Investment Trust (NWH-UN.TO) 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
NWH-UN.TO vs. IRBO - Dividend Comparison
NWH-UN.TO's dividend yield for the trailing twelve months is around 9.61%, more than IRBO's 0.88% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWH-UN.TO NorthWest Healthcare Properties Real Estate Investment Trust | 9.61% | 12.66% | 8.42% | 5.79% | 6.35% | 6.71% | 8.44% | 7.04% | 7.84% | 8.96% | 8.62% | 7.66% |
IRBO iShares Robotics and Artificial Intelligence Multisector ETF | 0.88% | 0.88% | 0.75% | 2.41% | 0.53% | 0.69% | 0.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NWH-UN.TO vs. IRBO - Drawdown Comparison
The maximum NWH-UN.TO drawdown since its inception was -68.61%, which is greater than IRBO's maximum drawdown of -54.50%. Use the drawdown chart below to compare losses from any high point for NWH-UN.TO and IRBO. For additional features, visit the drawdowns tool.
Volatility
NWH-UN.TO vs. IRBO - Volatility Comparison
NorthWest Healthcare Properties Real Estate Investment Trust (NWH-UN.TO) has a higher volatility of 6.72% compared to iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) at 5.42%. This indicates that NWH-UN.TO'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.