PBOT vs. IRBO
PBOT (Pictet AI & Automation ETF) and IRBO (iShares Future AI & Tech ETF) are both Robotics funds. PBOT is actively managed, while IRBO is passively managed. Their correlation of 0.87 suggests significant overlap in exposure. PBOT charges 0.70%/yr vs 0.47%/yr for IRBO.
Performance
PBOT vs. IRBO - Performance Comparison
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Returns By Period
In the year-to-date period, PBOT achieves a 27.03% return, which is significantly lower than IRBO's 37.17% return.
PBOT
- 1D
- -2.37%
- 1M
- -0.40%
- 6M
- 22.70%
- YTD
- 27.03%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IRBO
- 1D
- -3.96%
- 1M
- -12.00%
- 6M
- 29.64%
- YTD
- 37.17%
- 1Y
- 57.99%
- 3Y*
- 24.09%
- 5Y*
- 10.07%
- 10Y*
- —
PBOT vs. IRBO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PBOT Pictet AI & Automation ETF | 27.03% | 0.33% |
IRBO iShares Future AI & Tech ETF | 37.17% | -1.03% |
Correlation
The correlation between PBOT and IRBO is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 16, 2025 | 0.87 |
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Return for Risk
PBOT vs. IRBO — Risk / Return Rank
PBOT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IRBO
PBOT vs. IRBO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pictet AI & Automation ETF (PBOT) 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.
| PBOT | IRBO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.27 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.10 | — |
| Martin ratioReturn relative to average drawdown | — | 9.06 | — |
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Drawdowns
PBOT vs. IRBO - Drawdown Comparison
The maximum PBOT drawdown since its inception was -15.78%, smaller than the maximum IRBO drawdown of -54.50%. Use the drawdown chart below to compare losses from any high point for PBOT and IRBO.
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Drawdown Indicators
| PBOT | IRBO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.78% | -54.50% | +38.72% |
Max Drawdown (1Y)Largest decline over 1 year | — | -18.81% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -32.44% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -50.53% | — |
Current DrawdownCurrent decline from peak | -5.65% | -18.16% | +12.51% |
Average DrawdownAverage peak-to-trough decline | -4.28% | -19.69% | +15.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 6.42% | — |
Volatility
PBOT vs. IRBO - Volatility Comparison
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Volatility by Period
| PBOT | IRBO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 13.31% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 31.53% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 27.03% | 35.60% | -8.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.03% | 29.90% | -2.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.03% | 28.43% | -1.40% |
PBOT vs. IRBO - Expense Ratio Comparison
PBOT has a 0.70% expense ratio, which is higher than IRBO's 0.47% expense ratio.
Dividends
PBOT vs. IRBO - Dividend Comparison
PBOT's dividend yield for the trailing twelve months is around 0.07%, which matches IRBO's 0.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
IRBO iShares Future AI & Tech ETF | 0.07% | 0.00% | 0.50% | 0.88% | 0.75% | 2.41% | 0.53% | 0.69% | 0.34% |
PBOT Pictet AI & Automation ETF | 0.07% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PBOT and IRBO have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IRBO is cheaper at 0.47% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IRBO is cheaper with a 0.47% expense ratio, compared with 0.70% for PBOT.
PBOT and IRBO have nearly identical dividend yields, around 0.07%.
They also come from different issuers: Pictet and iShares. Their fees differ too: 0.70% for PBOT and 0.47% for IRBO.
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