WTAIX vs. IRBO
Compare and contrast key facts about Wilmington Municipal Bond Fund (WTAIX) and iShares Robotics and Artificial Intelligence Multisector ETF (IRBO).
WTAIX is managed by Wilmington Funds. It was launched on Nov 1, 1993. 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: WTAIX or IRBO.
Performance
WTAIX vs. IRBO - Performance Comparison
Returns By Period
WTAIX
1.11%
-0.59%
1.77%
5.42%
0.19%
1.08%
IRBO
N/A
N/A
N/A
N/A
N/A
N/A
Key characteristics
| WTAIX | IRBO |
|---|
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WTAIX vs. IRBO - Expense Ratio Comparison
WTAIX has a 0.49% expense ratio, which is higher than IRBO's 0.47% expense ratio.
Correlation
The correlation between WTAIX and IRBO is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
WTAIX vs. IRBO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wilmington Municipal Bond Fund (WTAIX) 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
WTAIX vs. IRBO - Dividend Comparison
WTAIX's dividend yield for the trailing twelve months is around 2.47%, while IRBO has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WTAIX Wilmington Municipal Bond Fund | 2.47% | 2.25% | 1.92% | 1.71% | 1.87% | 2.23% | 2.13% | 1.96% | 1.75% | 2.01% | 2.23% | 2.20% |
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% | 0.00% | 0.00% | 0.00% |
Drawdowns
WTAIX vs. IRBO - Drawdown Comparison
Volatility
WTAIX vs. IRBO - Volatility Comparison
Wilmington Municipal Bond Fund (WTAIX) has a higher volatility of 1.44% compared to iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) at 0.00%. This indicates that WTAIX'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.