IRBO
iShares Robotics and Artificial Intelligence Multisector ETF
The iShares Robotics and Artificial Intelligence ETF tracks an equal-weighted index of global equities involved in robotics and artificial intelligence.
Fund Basics
Fund sponsor | BlackRock |
Category | Global Equities |
Asset class | Equity |
Website | link... |
Inception date | Jun 26, 2018 |
Assets (mns) | $633 |
Expense ratio | 47 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Market Cap |
Weighting | Equal |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
MICROSTRATEGY INC-CL A | 2.1 % |
NVIDIA CORP | 1.6 % |
SPOTIFY TECHNOLOGY SA | 1.5 % |
META PLATFORMS INC | 1.4 % |
MEGAPORT LTD. | 1.3 % |
ARM HOLDINGS PLC | 1.3 % |
KAWASAKI HEAVY INDUSTRIES | 1.3 % |
HUBSPOT INC | 1.2 % |
ABB LTD. | 1.2 % |
QUALCOMM INC | 1.2 % |
Constituent Breakdown
Number of holdings | 109 |
Herfindahl-Hirschman Index | 100 |
Wgt avg mkt cap (mns) | $199,787 |
Large cap (>$10bn) | 51.3% |
Mid cap ($2-10bn) | 31.4% |
Small cap (<$2bn) | 17.3% |
Developed mkts. | 82.2% |
Emerging mkts. | 17.8% |
Country Exposure
UNITED STATES | 48.7 % | |
JAPAN | 9.8 % | |
CHINA | 9.5 % | |
TAIWAN | 6.6 % | |
BRITAIN | 4.1 % | |
SOUTH KOREA | 2.7 % | |
SWITZERLAND | 2.0 % | |
GERMANY | 1.8 % | |
ISRAEL | 1.8 % | |
LUXEMBOURG | 1.5 % |
Historical Performance
Standardized Annual Returns (as of 03/31/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
---|---|---|---|---|---|---|
-1.4% | 9.4% | 0.3% | -6.4% | 7.9% | -- | 7.5% |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.18 | 69% |
MSCI EAFE | 1.18 | 65% |
MSCI Emg Mkts | 1.14 | 64% |
Liquidity Measures
Avg. volume (000) | 160 |
Turnover | 0.8% |
Avg. Bid/Ask (% of price) | 0.13% |
ADV of underlying (mns) | $99,924 |
Technical Indicators
Recent close | $32.31 |
30d moving avg. | $32.37 |
Annualized volatility | 25.1% |
Relative strength (RSI) | 75 |
Short interest (ETF) | 1.0% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. IRBO |
Expenses vs. IRBO |
ALTAR Score™ vs. IRBO |
---|---|---|---|---|
WTAI | WisdomTree Artificial Intelligence and Innovation Fund | 25.8% | -2 bp | +0.7% |
TECB | iShares U.S. Tech Breakthrough Multisector ETF | 22.5% | -7 bp | +3.4% |
IGPT | Invesco AI and Next Gen Software ETF | 21.3% | +13 bp | +3.1% |
MVPS | Amplify Thematic All-Stars ETF | 19.4% | +2 bp | +1.0% |
GGME | Invesco Next Gen Media and Gaming ETF | 19.3% | +13 bp | +3.4% |
WRND | IQ Global Equity R&D Leaders ETF | 19.2% | -29 bp | +6.5% |
ROBT | First Trust Nasdaq Artificial Intelligence & Robotics ETF | 18.7% | +18 bp | +1.0% |
ROBO | ROBO Global Robotics & Automation Index ETF | 18.7% | +48 bp | +2.2% |
FMET | Fidelity Metaverse ETF | 18.6% | -8 bp | +3.7% |
QTUM | Defiance Quantum ETF | 17.9% | -7 bp | +3.3% |
Risk and Returns: IRBO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 4/23/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
IRBO
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
IRBO
0.7%
Cat. Avg
3.6%
Fund Category: Global Equities
Avg. Return on Equity | --% |
Divided by: Fwd. P/BV | --x |
Less: Expenses | -- bp |
Equals: ALTAR Score™ | 0.7% |
Recommendation
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
Category Overview
There are 347 funds in the Global Equities category, with an average ALTAR Score™
of 3.6% and a standard deviation of
4.9%. IRBO's ALTAR Score™ is approximately
0.6 standard deviations
below
the category average. This places IRBO in the 27th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
IRBO
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
Latest price | |
Change | |
Volume | |
Bid/Ask Spread | |
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Today's Trading
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Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
IRBO | 47.0 | 12.8 | 59.8 |
Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .