NWH-UN.TO vs. IRBO

Last updated Jun 4, 2026

NWH-UN.TO (NorthWest Healthcare Properties Real Estate Investment Trust) is a stock, while IRBO (iShares Robotics and Artificial Intelligence Multisector ETF) is Robotics fund tracking the NYSE FactSet Global Robotics and Artificial Intelligence Index. Over the past 5 years, NWH-UN.TO returned -9.24%/yr vs 17.39%/yr for IRBO. At a 0.28 correlation, their price movements are largely independent.

Performance

NWH-UN.TO vs. IRBO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in NorthWest Healthcare Properties Real Estate Investment Trust (NWH-UN.TO) and iShares Robotics and Artificial Intelligence Multisector ETF (IRBO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

NWH-UN.TO is traded in CAD, while IRBO is traded in USD. To make them comparable, the IRBO values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, NWH-UN.TO achieves a 11.97% return, which is significantly lower than IRBO's 68.20% return.

NWH-UN.TO

• 1D: -1.41%
• 1M: 2.38%
• YTD: 11.97%
• 6M: 6.79%
• 1Y: 22.23%
• 3Y*: -3.95%
• 5Y*: -9.24%
• 10Y*: 1.74%

IRBO

• 1D: -0.50%
• 1M: 28.61%
• YTD: 68.20%
• 6M: 62.84%
• 1Y: 115.16%
• 3Y*: 38.13%
• 5Y*: 17.39%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NWH-UN.TO vs. IRBO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
NWH-UN.TO NorthWest Healthcare Properties Real Estate Investment Trust	11.97%	23.48%	-7.17%	-40.34%	-26.43%	16.50%	13.46%	34.80%	-12.15%
IRBO iShares Robotics and Artificial Intelligence Multisector ETF	68.20%	24.01%	17.30%	33.37%	-33.47%	5.36%	46.34%	27.86%	-11.74%

Correlation

The correlation between NWH-UN.TO and IRBO is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (All Time) Calculated using the full available price history since Jun 29, 2018	0.28

The correlation between NWH-UN.TO and IRBO shifts across timeframes, from 0.17 (1 year) to 0.29 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

NWH-UN.TO vs. IRBO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NWH-UN.TO

NWH-UN.TO Risk / Return Rank: 71
NWH-UN.TO Sharpe Ratio Rank: 72
NWH-UN.TO Sortino Ratio Rank: 72
NWH-UN.TO Omega Ratio Rank: 67
NWH-UN.TO Calmar Ratio Rank: 71
NWH-UN.TO Martin Ratio Rank: 73

IRBO

IRBO Risk / Return Rank: 90
IRBO Sharpe Ratio Rank: 94
IRBO Sortino Ratio Rank: 88
IRBO Omega Ratio Rank: 87
IRBO Calmar Ratio Rank: 91
IRBO Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NWH-UN.TO vs. IRBO - Risk-Adjusted Trends 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.

	NWH-UN.TO	IRBO	Difference
Sharpe ratio: Return per unit of total volatility	1.03	3.95	-2.92
Sortino ratio: Return per unit of downside risk	1.85	4.32	-2.47
Omega ratio: Gain probability vs. loss probability	1.21	1.57	-0.37
Calmar ratio: Return relative to maximum drawdown	1.73	6.97	-5.24
Martin ratio: Return relative to average drawdown	4.47	22.20	-17.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NWH-UN.TO vs. IRBO - Sharpe Ratio Comparison

The current NWH-UN.TO Sharpe Ratio is 1.03, which is lower than the IRBO Sharpe Ratio of 3.95. The chart below compares the historical Sharpe Ratios of NWH-UN.TO 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.

Sharpe Ratios by Period

	NWH-UN.TO	IRBO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.03	3.95	-2.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.36	0.66	-1.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.07	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	0.71	-0.54

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 -50.21%. Use the drawdown chart below to compare losses from any high point for NWH-UN.TO and IRBO.

Drawdown Indicators

	NWH-UN.TO	IRBO	Difference
Max Drawdown Largest peak-to-trough decline	-68.61%	-50.21%	-18.40%
Max Drawdown (1Y) Largest decline over 1 year	-13.02%	-16.61%	+3.59%
Max Drawdown (3Y) Largest decline over 3 years	-48.19%	-32.31%	-15.88%
Max Drawdown (5Y) Largest decline over 5 years	-68.61%	-44.81%	-23.80%
Max Drawdown (10Y) Largest decline over 10 years	-68.61%	—	—
Current Drawdown Current decline from peak	-46.44%	-0.50%	-45.94%
Average Drawdown Average peak-to-trough decline	-17.38%	-17.73%	+0.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.08%	5.21%	-0.13%

Volatility

NWH-UN.TO vs. IRBO - Volatility Comparison

The current volatility for NorthWest Healthcare Properties Real Estate Investment Trust (NWH-UN.TO) is 4.85%, while iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) has a volatility of 11.88%. This indicates that NWH-UN.TO 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.

Volatility by Period

	NWH-UN.TO	IRBO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.85%	11.88%	-7.03%
Volatility (6M) Calculated over the trailing 6-month period	18.21%	24.51%	-6.30%
Volatility (1Y) Calculated over the trailing 1-year period	21.84%	29.32%	-7.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.91%	26.68%	-0.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.13%	25.65%	-0.52%

Dividends

NWH-UN.TO vs. IRBO - Dividend Comparison

NWH-UN.TO's dividend yield for the trailing twelve months is around 5.89%, while IRBO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IRBO iShares Robotics and Artificial Intelligence Multisector ETF	0.00%	0.00%	0.50%	0.88%	0.75%	2.41%	0.53%	0.69%	0.34%	0.00%	0.00%	0.00%
NWH-UN.TO NorthWest Healthcare Properties Real Estate Investment Trust	5.89%	7.05%	8.09%	12.66%	8.42%	5.79%	6.35%	6.71%	8.44%	7.04%	7.84%	8.96%

Frequently Asked Questions

Can I hold both NWH-UN.TO and IRBO in my portfolio?

NWH-UN.TO and IRBO have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.