WBIY vs. IRBO
Compare and contrast key facts about WBI Power Factor High Dividend ETF (WBIY) and iShares Robotics and Artificial Intelligence Multisector ETF (IRBO).
WBIY and IRBO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WBIY is a passively managed fund by WBI that tracks the performance of the Solactive Power Factor High Dividend Index. It was launched on Dec 19, 2016. 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 WBIY 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: WBIY or IRBO.
Key characteristics
| WBIY | IRBO |
|---|
Correlation
The correlation between WBIY and IRBO is 0.56, 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
WBIY vs. IRBO - Performance Comparison
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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WBIY vs. IRBO - Expense Ratio Comparison
WBIY has a 0.70% expense ratio, which is higher than IRBO's 0.47% expense ratio.
Risk-Adjusted Performance
WBIY vs. IRBO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WBI Power Factor High Dividend ETF (WBIY) 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
WBIY vs. IRBO - Dividend Comparison
WBIY's dividend yield for the trailing twelve months is around 4.27%, while IRBO has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
WBIY WBI Power Factor High Dividend ETF | 4.27% | 4.87% | 4.40% | 3.94% | 5.10% | 4.54% | 6.11% | 5.84% | 0.01% |
IRBO iShares Robotics and Artificial Intelligence Multisector ETF | 0.54% | 0.62% | 0.13% | 1.14% | 0.53% | 0.69% | 0.34% | 0.00% | 0.00% |
Drawdowns
WBIY vs. IRBO - Drawdown Comparison
Volatility
WBIY vs. IRBO - Volatility Comparison
WBI Power Factor High Dividend ETF (WBIY) has a higher volatility of 5.12% compared to iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) at 0.00%. This indicates that WBIY's price experiences larger fluctuations and is considered to be riskier than IRBO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.