VEIGX vs. IRBO
Compare and contrast key facts about Vanguard Global ESG Select Stock Fund Investor Shares (VEIGX) and iShares Robotics and Artificial Intelligence Multisector ETF (IRBO).
VEIGX is managed by Vanguard. It was launched on Jun 5, 2019. 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: VEIGX or IRBO.
Key characteristics
| VEIGX | IRBO | |
|---|---|---|
| YTD Return | 4.55% | -5.77% |
| 1Y Return | 16.80% | 15.07% |
| 3Y Return (Ann) | 6.72% | -8.85% |
| Sharpe Ratio | 1.42 | 0.57 |
| Daily Std Dev | 10.70% | 20.11% |
| Max Drawdown | -30.54% | -54.50% |
| Current Drawdown | -3.33% | -34.37% |
Correlation
The correlation between VEIGX and IRBO is 0.76, 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
VEIGX vs. IRBO - Performance Comparison
In the year-to-date period, VEIGX achieves a 4.55% return, which is significantly higher than IRBO's -5.77% 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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VEIGX vs. IRBO - Expense Ratio Comparison
VEIGX has a 0.56% expense ratio, which is higher than IRBO's 0.47% expense ratio.
Risk-Adjusted Performance
VEIGX vs. IRBO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global ESG Select Stock Fund Investor Shares (VEIGX) 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
VEIGX vs. IRBO - Dividend Comparison
VEIGX's dividend yield for the trailing twelve months is around 1.68%, more than IRBO's 0.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
VEIGX Vanguard Global ESG Select Stock Fund Investor Shares | 1.68% | 1.72% | 2.11% | 2.38% | 0.99% | 0.77% | 0.00% |
IRBO iShares Robotics and Artificial Intelligence Multisector ETF | 0.93% | 0.88% | 0.75% | 2.41% | 0.53% | 0.69% | 0.34% |
Drawdowns
VEIGX vs. IRBO - Drawdown Comparison
The maximum VEIGX drawdown since its inception was -30.54%, smaller than the maximum IRBO drawdown of -54.50%. Use the drawdown chart below to compare losses from any high point for VEIGX and IRBO. For additional features, visit the drawdowns tool.
Volatility
VEIGX vs. IRBO - Volatility Comparison
The current volatility for Vanguard Global ESG Select Stock Fund Investor Shares (VEIGX) is 3.31%, while iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) has a volatility of 5.54%. This indicates that VEIGX 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.