RBOD.L vs. IRBO
Compare and contrast key facts about iShares Automation & Robotics UCITS ETF (RBOD.L) and iShares Robotics and Artificial Intelligence Multisector ETF (IRBO).
RBOD.L and IRBO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RBOD.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Oct 19, 2017. 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. Both RBOD.L and IRBO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RBOD.L or IRBO.
Key characteristics
| RBOD.L | IRBO | |
|---|---|---|
| YTD Return | -1.42% | -3.67% |
| 1Y Return | 15.49% | 7.32% |
| 3Y Return (Ann) | -2.30% | -8.15% |
| 5Y Return (Ann) | 11.00% | 6.62% |
| Sharpe Ratio | 0.81 | 0.32 |
| Daily Std Dev | 19.15% | 21.07% |
| Max Drawdown | -44.50% | -54.50% |
| Current Drawdown | -12.19% | -32.91% |
Correlation
The correlation between RBOD.L and IRBO is 0.67, 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
RBOD.L vs. IRBO - Performance Comparison
In the year-to-date period, RBOD.L achieves a -1.42% return, which is significantly higher than IRBO's -3.67% 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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RBOD.L vs. IRBO - Expense Ratio Comparison
RBOD.L has a 0.40% expense ratio, which is lower than IRBO's 0.47% expense ratio.
Risk-Adjusted Performance
RBOD.L vs. IRBO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Automation & Robotics UCITS ETF (RBOD.L) 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
RBOD.L vs. IRBO - Dividend Comparison
RBOD.L's dividend yield for the trailing twelve months is around 0.44%, less than IRBO's 0.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
RBOD.L iShares Automation & Robotics UCITS ETF | 0.44% | 0.45% | 0.56% | 0.32% | 0.34% | 0.79% | 1.17% |
IRBO iShares Robotics and Artificial Intelligence Multisector ETF | 0.81% | 0.88% | 0.13% | 1.14% | 0.53% | 0.69% | 0.34% |
Drawdowns
RBOD.L vs. IRBO - Drawdown Comparison
The maximum RBOD.L drawdown since its inception was -44.50%, smaller than the maximum IRBO drawdown of -54.50%. Use the drawdown chart below to compare losses from any high point for RBOD.L and IRBO. For additional features, visit the drawdowns tool.
Volatility
RBOD.L vs. IRBO - Volatility Comparison
The current volatility for iShares Automation & Robotics UCITS ETF (RBOD.L) is 5.77%, while iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) has a volatility of 7.42%. This indicates that RBOD.L 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.