L&G Artificial Intelligence UCITS ETF (AIAI.L)
AIAI.L is a passive ETF by Legal & General tracking the investment results of the MSCI World/Information Tech NR USD. AIAI.L launched on Jun 26, 2019 and has a 0.49% expense ratio.
ETF Info
IE00BK5BCD43
Jun 26, 2019
1x
MSCI World/Information Tech NR USD
Large-Cap
Growth
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in L&G Artificial Intelligence UCITS ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
L&G Artificial Intelligence UCITS ETF had a return of 13.56% year-to-date (YTD) and 28.35% in the last 12 months.
AIAI.L
13.56%
-0.10%
6.71%
28.35%
16.05%
N/A
^GSPC (Benchmark)
23.08%
0.10%
10.70%
30.05%
13.52%
11.11%
Monthly Returns
The table below presents the monthly returns of AIAI.L, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.38% | 4.90% | 0.91% | -4.35% | -0.93% | 7.94% | -2.76% | 0.41% | 4.24% | -0.28% | 13.56% | ||
| 2023 | 14.83% | 1.92% | 5.39% | -6.79% | 11.40% | 7.71% | 4.92% | -4.59% | -4.94% | -5.30% | 17.26% | 9.46% | 59.58% |
| 2022 | -14.15% | -3.11% | 1.68% | -15.06% | -8.13% | -8.82% | 9.41% | -0.43% | -9.81% | 2.00% | 0.69% | -2.14% | -40.58% |
| 2021 | 2.27% | 1.16% | -5.18% | 5.83% | -3.10% | 7.06% | -0.15% | 3.69% | -3.89% | 7.10% | -2.71% | -1.18% | 10.35% |
| 2020 | 4.91% | -7.53% | -9.99% | 14.94% | 10.35% | 9.56% | 8.33% | 7.52% | -3.44% | 0.07% | 13.74% | 8.53% | 68.60% |
| 2019 | 1.46% | -5.75% | -2.63% | 1.47% | 7.43% | 1.89% | 3.43% |
Expense Ratio
AIAI.L features an expense ratio of 0.49%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AIAI.L is 45, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for L&G Artificial Intelligence UCITS ETF (AIAI.L) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the L&G Artificial Intelligence UCITS ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the L&G Artificial Intelligence UCITS ETF was 49.61%, occurring on Oct 14, 2022. Recovery took 504 trading sessions.
The current L&G Artificial Intelligence UCITS ETF drawdown is 4.99%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -49.61% | Nov 10, 2021 | 231 | Oct 14, 2022 | 504 | Oct 14, 2024 | 735 |
| -34.61% | Feb 20, 2020 | 20 | Mar 18, 2020 | 49 | Jun 1, 2020 | 69 |
| -19.66% | Feb 16, 2021 | 14 | Mar 5, 2021 | 161 | Oct 25, 2021 | 175 |
| -12.07% | Jul 29, 2019 | 47 | Oct 2, 2019 | 56 | Dec 20, 2019 | 103 |
| -10.14% | Sep 2, 2020 | 14 | Sep 21, 2020 | 14 | Oct 9, 2020 | 28 |
Volatility
Volatility Chart
The current L&G Artificial Intelligence UCITS ETF volatility is 6.53%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.