ADB.DE vs. XAIX.DE
Compare and contrast key facts about Adobe Inc (ADB.DE) and Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE).
XAIX.DE is a passively managed fund by Xtrackers that tracks the performance of the Nasdaq Global Artificial Intelligence and Big Data. It was launched on Jan 29, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADB.DE or XAIX.DE.
Key characteristics
| ADB.DE | XAIX.DE | |
|---|---|---|
| YTD Return | -10.84% | 16.66% |
| 1Y Return | -7.30% | 26.92% |
| 3Y Return (Ann) | -4.17% | 12.37% |
| 5Y Return (Ann) | 13.57% | 18.39% |
| Sharpe Ratio | -0.12 | 1.69 |
| Daily Std Dev | 34.95% | 17.94% |
| Max Drawdown | -53.87% | -33.08% |
| Current Drawdown | -22.10% | -6.82% |
Correlation
The correlation between ADB.DE and XAIX.DE is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ADB.DE vs. XAIX.DE - Performance Comparison
In the year-to-date period, ADB.DE achieves a -10.84% return, which is significantly lower than XAIX.DE's 16.66% return. 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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Risk-Adjusted Performance
ADB.DE vs. XAIX.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Adobe Inc (ADB.DE) and Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE). 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
ADB.DE vs. XAIX.DE - Dividend Comparison
Neither ADB.DE nor XAIX.DE has paid dividends to shareholders.
Drawdowns
ADB.DE vs. XAIX.DE - Drawdown Comparison
The maximum ADB.DE drawdown since its inception was -53.87%, which is greater than XAIX.DE's maximum drawdown of -33.08%. Use the drawdown chart below to compare losses from any high point for ADB.DE and XAIX.DE. For additional features, visit the drawdowns tool.
Volatility
ADB.DE vs. XAIX.DE - Volatility Comparison
Adobe Inc (ADB.DE) has a higher volatility of 10.28% compared to Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE) at 5.54%. This indicates that ADB.DE's price experiences larger fluctuations and is considered to be riskier than XAIX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.