IRBO VS ROBO: A Comprehensive Comparison of ETFs
4 min read
By Ron Koren, ETF Insider

IRBO VS ROBO: A Comprehensive Comparison of ETFs

Exchange-Traded Funds (ETFs) have transformed the investment landscape, providing investors with diversified exposure to various sectors and asset classes. In this article, we delve into a comprehensive comparison between two notable ETFs: IRBO (iShares Robotics and Artificial Intelligence Multisector ETF) and ROBO (ROBO Global Robotics and Automation Index ETF). Our exploration will encompass ETF tickers, full names, issuers, sectors, top holdings, capitalization, strategy, tracking, and exposure.

IRBO VS ROBO: Overview

IRBO and ROBO are distinct ETFs offering exposure to the burgeoning fields of robotics and artificial intelligence. While both funds tap into the transformative potential of these technologies, their specific approaches and underlying holdings differ significantly. We'll uncover the nuances that set these two ETFs apart in the sections to follow.

IRBO VS ROBO: Sectors and Top Holdings

IRBO focuses on a wide spectrum of sectors related to robotics and artificial intelligence. Its top holdings include companies at the forefront of technological innovation, such as NVIDIA, Teradyne, and ABB Ltd. In contrast, ROBO's portfolio emphasizes automation and robotics companies, with key constituents like Intuitive Surgical, Daifuku, and Cognex. Exploring the sectors and top holdings provides insights into the specialization and diversification of each ETF.

IRBO overlap IRBO VS ROBO: A Comprehensive Comparison of ETFsIRBO overlap IRBO VS ROBO: A Comprehensive Comparison of ETFs

IRBO VS ROBO: Capitalization and Strategy

IRBO boasts a substantial asset under management (AUM), reflecting investor interest in the transformative potential of robotics and AI. Its strategy centers on providing exposure to companies leading in innovation and technological advancement. On the other hand, ROBO follows an index composed of global robotics and automation leaders, aiming to capture the growth potential of this dynamic industry. The differences in capitalization and strategy contribute to the distinct risk-return profiles of these ETFs.

IRBO VS ROBO: Tracking and Exposure

IRBO seeks to mirror the performance of the NYSE FactSet Global Robotics and Artificial Intelligence Index. It achieves this through investments in companies that contribute to the development and implementation of robotics and AI technologies. ROBO, on the other hand, tracks the ROBO Global Robotics and Automation Index, offering exposure to companies driving automation and robotics across various industries. Understanding their tracking methods and exposure strategies aids investors in aligning their investment goals with the ETF that best suits their preferences.

Conclusion

IRBO and ROBO present investors with distinct avenues to participate in the transformative worlds of robotics and artificial intelligence. Those seeking in-depth insights into holdings, correlations, overlaps, and other critical metrics can rely on ETF insider—a user-friendly app that offers comprehensive details about these and other financial instruments.

Disclaimer: This article does not provide any investment advisory services.

Sources:

IRBO ETF issuer
IRBO ETF official page

IRBO quote and analysis

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