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ROBT vs. IRBO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ROBT vs. IRBO

Last updated May 13, 2025

Compare and contrast key facts about First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) and iShares Robotics and Artificial Intelligence Multisector ETF (IRBO).

ROBT and IRBO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ROBT is a passively managed fund by First Trust that tracks the performance of the Nasdaq CTA Artificial Intelligence and Robotics Index. It was launched on Feb 21, 2018. 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 ROBT 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: ROBT or IRBO.

Correlation

The correlation between ROBT and IRBO is 0.78, 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

ROBT vs. IRBO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) and iShares Robotics and Artificial Intelligence Multisector ETF (IRBO). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Returns By Period

ROBT

YTD

-1.13%

1M

15.75%

6M

-5.89%

1Y

4.40%

5Y*

7.67%

10Y*

N/A

IRBO

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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ROBT vs. IRBO - Expense Ratio Comparison

ROBT has a 0.65% expense ratio, which is higher than IRBO's 0.47% expense ratio.

ROBT
First Trust Nasdaq Artificial Intelligence & Robotics ETF
IRBO
iShares Robotics and Artificial Intelligence Multisector ETF

Risk-Adjusted Performance

ROBT vs. IRBO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ROBT
The Risk-Adjusted Performance Rank of ROBT is 2929
Overall Rank
The Sharpe Ratio Rank of ROBT is 2929
Sharpe Ratio Rank
The Sortino Ratio Rank of ROBT is 3232
Sortino Ratio Rank
The Omega Ratio Rank of ROBT is 3030
Omega Ratio Rank
The Calmar Ratio Rank of ROBT is 2727
Calmar Ratio Rank
The Martin Ratio Rank of ROBT is 2929
Martin Ratio Rank
IRBO
The Risk-Adjusted Performance Rank of IRBO is 1010
Overall Rank
The Sharpe Ratio Rank of IRBO is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of IRBO is 1010
Sortino Ratio Rank
The Omega Ratio Rank of IRBO is 99
Omega Ratio Rank
The Calmar Ratio Rank of IRBO is 1010
Calmar Ratio Rank
The Martin Ratio Rank of IRBO is 1212
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ROBT vs. IRBO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) 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.

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Dividends

ROBT vs. IRBO - Dividend Comparison

Neither ROBT nor IRBO has paid dividends to shareholders.

TTM2024202320222021202020192018
ROBT
First Trust Nasdaq Artificial Intelligence & Robotics ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IRBO
iShares Robotics and Artificial Intelligence Multisector ETF		0.35%0.35%0.62%0.13%1.14%0.53%0.69%0.34%

Drawdowns

ROBT vs. IRBO - Drawdown Comparison

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Volatility

ROBT vs. IRBO - Volatility Comparison

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